Oxford Business Law Blog

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...

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...

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,...

Soft law instruments are increasingly prevalent in the area of restructuring and insolvency law. These instruments, all embodied in legally non-binding texts, often originate from so-called standard-...

What drives changes in corporate law? Certainly, corporate law tends to change toward increasing economic efficiency. In fact, corporate laws all over the world have converged in many important...

In a new paper, which was recently published in the Fordham International Law Journal, we discuss the legal framework for sovereign debt restructuring in the euro area—both de lege lata and de lege...

In my paper ‘Cartel Prohibition and Oligopoly Theory in the Age of Machine Learning’ I deal with the application of the cartel prohibition in the light of alleged legal gaps resulting from the surge...

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...

Is common ownership the Doomsday Machine for the operation of free markets, competition and capitalism as we know it? An observer of cutting-edge law and economics literature may indeed tend to...

A recurring theme in banking crises is the public backlash against bank supervisors for their failure to take prompt and decisive action to unearth and correct problems of weak banks. The latest...

In the inaugural Global Cryptoasset Regulatory Landscape Study, a team of researchers at the Cambridge Centre for Alternative Finance, Judge Business School, have compared and contrasted various...

Institutional investors (that is, mutual funds, managed investment trusts, insurance companies, pension funds and alternative collective investment vehicles) steadily grow their share of publicly...

What is the (opportunity) cost of private benefits of control? Using dollar cost of corporate giving to measure private benefit of control, we show in our study ‘Private Benefits and Corporate...