Oxford Business Law Blog

In the shadow of the Brexit negotiations, the EU is changing. A European Monetary Fund to battle the next crisis, new rules on national fiscal policy, proposals to boost structural reforms in the...

The legal protection provided to creditors to enforce their contracts with debtors is central to the functioning of credit markets. These include the rights afforded to lenders in bankruptcy,...

One of the fundamental issues in modern corporate finance is the problem of separation of firm ownership from control. The gap between management and shareholders is potentially wide, and the danger...

Bank resolutions and specifically bail-ins are among the most complicated and contentious issues of banking law, in the EU and elsewhere.. Bearing the potential to directly affect thousands of...

Related Party Transactions (RPTs) are transactions between a company and the executives, directors or the controlling shareholder of that company, or their associates (eg a company the related party...

The rise of the crypto economy has brought promises and perils to the venture capital industry. By mid-2017, initial coin offerings (ICOs) had surpassed angel and venture capital funding as a more...

The advent of the ‘shareholder rights’ plan’, more popularly known as the ‘poison pill’, fundamentally altered the trajectory of American corporate governance. Intended to defend vulnerable boards...

Bail-in and its supplementary capital requirements have much touted potential. Beyond their promise to reign in financial institutions’ bail-out moral hazard, bail-in intends to stem systemic risk...

Corporations and their executives are actively engaged in many of the leading social issues and debates of the day. Through pronouncements, policies, boycotts, sponsorships, lobbying, and fundraising...

We usually think that the stock market provides an accurate valuation of a firm, whether it is a large diversified conglomerate, a tiny focussed firm, a manufacturing company or a utility company. By...

The positive impact of developments in technology on the economy has historically outweighed the disruptive impact on employment. Society has benefited from the efficiency gains derived from the...

On 23 January 2019, the Financial Conduct Authority (FCA) issued a guidance on cryptoassets (FCA-GC) with the purpose of improving and clarifying the regulatory framework of cryptoassets in the...

In (simple) law and economics models, legal rules are analyzed as elements of the opportunity structure. The parties – or if the relevant decision is taken by the lawyer who seeks a client, the...

Data standardization—the process of developing and implementing rules for how data are described and recorded—offers significant benefits for financial firms and regulators. Nonetheless, the topic...

The most dramatic development in twenty-first century bankruptcy practice has been the increasing use of contracts to shape the bankruptcy process. In our article, we assess—and try to make sense of—...

For over fifty years, class actions in the US have been initiated and litigated by self-driven entrepreneurial lawyers. Lawyers have taken the risks and costs of pursuing class action litigation in...

Power prefers permanence. Unregulated markets tend toward concentration as the successful try and entrench themselves by pulling up behind them the ladder of competition that they themselves climbed...

By many accounts, we have entered an era of unprecedented contentiousness in debtor-creditor relations. For an example of the new status quo, consider the recent actions of PetSmart, a perfectly...

In the 2017 Shareholder Rights Directive, the European Commission emphasizes the importance and role of shareholder engagement and, stresses the case of institutional investors and asset managers’...