Civil liability of rating agencies has to strike a balance between over-deterrence and overly lax behavior control. The … or liability caps …

limited liability. What makes it special is that it may not be created by contract – or only under severe restrictions. Courts … in many jurisdictions curtail the rule of limited liability by doctrines such as “piercing the corporate veil”, exposing … shareholders to a creditor's claim and therefore to personal liability for the corporation's debts. The circumstances giving cause …

more recent case. Finally, it provides online tools to enable practitioners and judges to calculate short-swing liability …

economic importance of the corporate form's hallmark features: legal personality, limited liability, transferable shares …

Corporate liability regimes have two major social goals: inducing corporations to internalize all social ramifications … polemic has shown that none of the liability regimes recognized thus far in the literature efficiently satisfies both social … corporate liability framework in most settings. The Compound Corporate Liability Regime developed in this paper is a two …

This paper argues that a mitigated strict liability regime can incentivize Credit Rating Agencies (CRAs) to produce … order to avoid crushing liability. Moreover, CRAs are allowed to choose how much to commit to their predictions. CRAs may … opt out of liability even entirely, unless their ratings are relevant for regulation. Finally, corrections in the relevant …