Corporations are vulnerable to the greed, self-dealing and conflicts of those in control of the corporation. Courts historically have regulated this potential abuse by designating the board of directors and senior management as fiduciaries. In some instances, however, shareholders, creditors or...

In explaining the concept of centre of main interests (COMI) within the UK Cross-Border Insolvency Regulations 2006 (CBIR), the Englush court in Re Stanford International Bank over-emphasised third-party ascertainability due to an apparent lack of appreciation of the different functions...

Guth v. Loft is known as the leading case in defining the modern corporate opportunity doctrine. The case, involving a dispute between Charles G. Guth and a company he once directed, Loft, Inc., transformed the law at the time to meet the needs of the changing corporate structure in the early...

In the aftermath of the global financial crisis the EU bank resolution regime went through fundamental changes that seek to preserve financial stability and ensure continuity of critical functions. The same cannot be said of insolvency rules applicable to non-financial enterprises. Unlike bank...

This piece expands upon the argument made in Gregory H. Shill, Congressional Securities Trading, 96 Indiana Law Journal __ (forthcoming). Using trades executed by two Senators during the COVID-19 pandemic as a springboard, it proposes a taxonomy of congressional securities trading more...

Recent regulatory responses to major adverse events have produced a range of responses, encompassing either retrospective reactions or attempts to control future behaviour. This paper juxtaposes the extremes of such responses in two models of how to regulate, which are almost diametrically...

This paper explores the legal risks involved in depositing cryptocurrency with crypto-custodians such as crypto-exchanges. These risks materialize most acutely in case these crypto-custodians fall insolvent, which has happened over the last decade in several instances. Recent years have...

Dutch Abstract: De bijdrage gaat in op de wijzigingen die de laatste jaren zijn aangebracht aan het juridische kader waaraan de maatschap zonder rechtspersoonlijkheid onderworpen is. Het WVV heeft zijn invloed gehad op de maatschap, maar ook een aantal nieuwe regels op het vlak van de...

Spanish Abstract: Cambios sociales han posicionado a las empresas como actores altamente relevantes en la satisfacción de las necesidades de las personas. Lo anterior, junto al fenómeno de la penetración de las redes sociales y consumidores frustrados frente a abusos empresariales, coloca a...

In Australia a mode of liability that has been known as ‘stepping stones' has attracted extensive debate and criticism, partly due to the corporate regulator's propensity to employ it in actions against directors. Stepping stones liability has traditionally consisted of two elements – a...