The emergence of high frequency trading has resulted in `bursts' of orders arriving at an exchange (nearly) simultaneously, yet most electronic financial exchanges implement the continuous limit order book which requires processing of orders serially. Contrary to an assumption that appears...

We investigate the assertion that fair valuation of financial instruments exacerbated the 2008 financial crisis. We focus on the 4th quarter of 2008 following the Lehman Brothers bankruptcy, the Reserve Primary fund “breaking the buck” and other adverse events. Our central finding is that...

The theoretical engagement with the law of Equity has never been so popular as nowadays. This immensely important body of law is now attracting the attention of private law theoreticians as questions that were first raised by Aristotle take a modern twist, and entrenched traditions are being...

Pay inequality, tax avoidance, abuse of superior bargaining power, pollution... the list of corporate misdeeds seems to keep growing. No company wants to be labelled as being guilty of any of these practices. Therefore some mention of corporate social responsibility has become de rigueur in...

This Review discusses three developments in equity jurisprudence drawn from significant recent decisions of the Privy Council, the House of Lords, the High Court of Australia and Supreme Court of Canada. The developments are of importance and interest in New Zealand

In this essay, I examine the role that equity historically has played in moderating the outcomes of determinate legal rules in particular cases. The advantage of traditional equity was that its role within the legal system was subordinate relatively obscure, allowing courts to affirm the...