Oxford Business Law Blog

In my new paper 'Revisiting Legal Capital', I argue for the UK to revisit the legal capital (maintenance of capital) doctrine. Leaving the EU could present an opportunity, but to reform legal capital...

Centros and the cases following it had a profound transformational effect on European company law. While it has so far not resulted in fully-fledged regulatory competition for publicly traded...

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 twentieth anniversary of the important judgment of the European Court of Justice (ECJ) in the Centros case of 9 March 1999 is an opportunity to reassess its impact on developments of freedom of...

It has now been twenty years since the European Court of Justice delivered its landmark Centros­ decision, followed by a string of cases similarly supportive of corporate mobility. In theory, these...

Why don’t we see more regulatory arbitrage? What constrains it? Regulatory arbitrage refers to structuring activity to take advantage of gaps or differences in regulations or laws. Examples include...

Debt restructuring is an issue that has come to prominence in the twenty years since Centros, in large part due to the difficulties faced by companies in the aftermath of the 2007-08 global financial...

In April 2018 the European Commission presented a proposed directive on cross-border mobility which includes a new legal process for cross-border conversion. The JURI committee of the European...

One of the issues which has bedevilled agreement at EU level on mechanisms which might allow a company to alter its applicable corporate law (without changing anything else) is the potential impact...

It has been twenty years since the European Court of Justice issued its decision in Centros Ltd. v. Erhvervs - og Selskabsstyrelsen (Centros). Since that time, Centros has been widely understood as...

March 2019 marked the twentieth anniversary of the landmark Centros case. It was the first of three judgments in which the (then) European Court of Justice (the Court) affirmed companies’ freedom of...