In this Article, I offer a macroeconomic perspective on law that reshapes the microeconomic perspective that currently dominates law and economics. I argue that 1. The economy works one way in ordinary economic conditions, in which supply capacity determines output, and a different way in deep...

This study analyzes the effectiveness of the Market Abuse Directive (MAD) in reducing possible profits from insider trading during voluntary tender offers with the purpose of delisting initiated by controlling shareholders. Exploiting the quasi-experimental setting provided by the introduction...

This comment on the legitimacy of intervention has two interrelated parts. The first part is of a general nature and concerns the problem of the justification of legitimate intervention. The second part will address the problem of intervention under conditions of epistemic and normative...

This paper looks at how the Commodity Futures Trading Commission (CFTC) has implemented its mandate under the Dodd-Frank Act. Although the CFTC has imposed many regulations through notice-and-comment rulemaking under the Administrative Procedure Act (APA), it has also used other methods — such...

Most international Investors do not have familiarity with political risk insurance. The basic reason is that they do not understand the risks inherent in international investment, and therefore do not realize how these risks can be insured against by PRI. Thus, the article sets out 10 categories...

This paper aims to inform banks, consumers, researchers, consumer protection organizations and other stakeholders for the importance of these regulations as well as raising some other related issues to be addressed for the protection of mortgage loan consumers. In 2014, EU political reasoning...

In the famous Morrison v. National Australia Bank case, Justice Scalia mounted an attack on plaintiffs with tenuous connection to U.S. capital markets and attempted to rein in class actions against international corporations. Despite Morrison's broad implications, there is no consensus on its...

Since its passage in 1996, the Economic Espionage Act (EEA) has been the subject of intense debate and discussion. Criminal penalties for both individuals and corporations violating the Act are severe. Expectations of protection against foreign and domestic trade secret misappropriation have...

It is in the best interests of the maritime industry and the arbitrators’ fraternity to ensure that the ADR forums provide finality and an effective resolution of the disputes submitted to the arbitral tribunals. The procedural misconduct or serious irregularities may surface at early stages...