Oxford Business Law Blog

On 27 June 2019, the University of Cambridge Faculty of Law hosted the 2nd SMU–3CL Cambridge Roundtable on Corporate Insolvency Law. This roundtable is an initiative jointly organised by the...

The current debate on the competitive risks of common ownership has focused on whether index investments soften competition among portfolio companies. However, even if one concedes, in arguendo, that...

Sovereign nations urgently need help in resolving unsustainable debt burdens. The median public debt of the sixty low-income developing countries increased from 33.5% of GDP in 2013 to 47% of GDP in...

A small number of large fund groups have become an increasingly influential force by controlling a significant share of publicly-traded companies, a phenomenon often termed ‘common ownership’. They...

The UK has recently embarked on far-reaching reform to its approach to senior management accountability in financial services, in contrast to the US’s approach, which has seen more evolutionary...

EU Regulation 2015/848 on insolvency proceedings (Recast) laid down new rules on the debtor’s ‘centre of main interests’ (COMI). However, one may doubt that these efforts have succeeded. Moreover, ‘...

Twenty years ago, the Court of Justice surprised observers when it handed down its Centros judgement. Until then, it was believed that the internal market was about opening borders and ensuring a...

The UK Jurisdiction Task Force (UKJT) is one of the six taskforces of the LawTech Delivery Panel, formed with the aim of ensuring that English law and the jurisdiction of England and Wales together...

Autonomous systems are entering our everyday lives. But what are they in legal terms? Are we just looking at sophisticated objects? Or should autonomous systems be treated as legal subjects, somewhat...

In 1992, the United States proposed that a multilateral convention on recognition and enforcement of foreign judgments be negotiated at the Hague Conference on Private International Law (‘HCCH’). 27...

Recently, an Inter-Ministerial Committee (IMC) constituted by the Ministry of Finance, Government of India released a report recommending a law to ban cryptocurrencies in India. The proposed law...

With a range of green, social and sustainability investment opportunities now available within the conventional finance sector, responsible finance increasingly provides market participants with an...

Evaluating academic research output is a never-ending challenge. Such evaluation is an integral part of internal hiring, promotion, and tenure procedures, and of external funding decisions and...

In the aftermath of the 2007–2009 financial crisis, a series of alternative financing solutions have emerged, of which one of the most successful are Initial Coin Offerings (ICOs). ICOs are a way to...

Distributed ledger technology (DLT) and blockchain have attracted massive investment interest globally, which reflects their substantial transformative potential, especially in the financial sector...

For more than 150 years, limited liability has been a defining characteristic of many business entities. This legal concept is often credited with spurring economic growth and the development of...

Cash flow and balance sheet insolvency tests are the two predominant means of determining insolvency. A company is cash flow or commercially insolvent if it is unable to pay its debts as they fall...

The procedures followed by listed companies to determine the number and outcome of the votes cast at the shareholders' general meetings have received little attention in legal literature. In Spain,...