This paper builds on the recent work of Groote Schaarsberg, Reijnierse and Borm (2018) on mutual liability problems. In … essence, a mutual liability problem comprises a financial network in which agents may have both monetary individual assets and … these liabilities by reallocating the individual assets, mutual liability rules are analyzed that are based on centralized …

We consider a situation in which agents have mutual claims on each other, summarized in a liability matrix. Agents … prevailing bankruptcy rules that satisfies limited liability and priority of creditors. Since clearing payment matrices and the …

This Article argues that the liability framework governing securities trading is unable to effectively deter and … compensate harms in algorithmic markets. Theory underscores the significance of robust laws to safeguard information flows and …, benchmarking compliance using the three familiar standards grounding liability: (i) intent; (ii) negligence; and (iii) strict …

-triggered liability will become payable correlates positively with the debtor's insolvency risk, the incurring of the liability shifts …

implications of liability concentration. Specifically, we quantify liability concentration by applying the majorization order to … the liability matrix that captures the interconnectedness of banks in a financial network. We develop notions of balancing … and unbalancing networks to bring out the qualitatively different implications of liability concentration on the system …

This Article offers a theory of secured credit that aims to answer fundamental questions that have long percolated in … pay their debts?This Article argues that security interests are best understood as a form of “limited liability property ….” Limited liability—the privilege of being legally shielded from liability that would normally apply—has long been considered …

liability. But in the recent past information disclosure has emerged as an alternative or a complementary risk mitigation … interaction between extended liability and environmental information disclosure. In the model, lenders not only provide credit …

United States, the potential mechanisms for addressing mass tort liability as well as their shortcomings, the tools available … related claims for resolution in a single forum through litigation of common threshold issues of liability. The Article …

their mass tort liability. While corporate attraction to bankruptcy’s unique features partially explains this evolution … intervention. Reciprocally, if mass tort liability does not migrate entirely to bankruptcy, the fiduciary duties and consensual …