Oxford Business Law Blog

The UCL Journal of Law and Jurisprudence is a law journal run by students of the UCL Faculty of Laws. The Journal is available through open access. The Editorial Board is pleased to announce an...

My recent book, ‘Company Law: A Real Entity Theory’, advances a real entity theory of company law. I argue that the company is a legal entity allowing an organization or firm to act autonomously in...

In a new paper, ‘Selective Corporate Restructuring Strategy’, we engage with a fundamental, but under-theorized fact: that frequently in modern corporate restructuring only selected creditors are...

As of today, 144 jurisdictions have already fully adopted the International Financial Reporting Standards (IFRS). Adding the number of jurisdictions that have not adopted but have converged their...

On 25 November 2021, the Law Commission published an Advice to Government on smart legal contracts. In this post, we provide a brief overview of our project and our conclusions. We also discuss, as...

‘Prepare for a rising surge in insolvencies!’ Or so the predictions went in 2020 when much of the UK (and indeed global) economy shut down as the coronavirus pandemic took hold. But as 2021 draws to...

Business bankruptcy in China is governed by the Enterprise Bankruptcy Law (EBL), a national insolvency code enacted in 2007. The EBL contains provisions for business liquidation, reorganization, and...

In a recent article, entitled ‘The Capital Maintenance Regime Matters for Creditors’, we verify whether adherence to the capital maintenance regime—that is, refraining from distributing legal capital...

Data have become a critical resource for many business models as a result of digitalization and globalization. Individuals disclose personal information intentionally and unintentionally over the...

Firms filing for Chapter 11 bankruptcy often simultaneously arrange ‘debtor-in-possession’ (DIP) financing. It has been shown that DIP financing is central to the preservation of the going-concern...

This chapter explores the evolution of corporate rescue in both Canada and the U.S. The timing and specific circumstances surrounding the enactment of corporate rescue legislation were different in...

The COVID-19 crisis has encouraged many countries to amend their insolvency laws. In most cases, these amendments took place temporarily—especially during the hibernation phase of the pandemic. In...

The INSOL Europe Academic Forum (IEAF) invites submissions for its 17th annual conference, taking place from 2-3 March 2022 in Dublin (Ireland). Expressions of interest are invited for the delivery...

Blockchain applications to decentralise finance (DeFi) are quickly developing and are gaining more and more traction in practice as well as in policy and academic debates. One of the most far-...

Our recent article ‘One-Stop Shop: Consumer Credit Issued at the Point of Sale’ is the first scholarly study of point-of-sale credit to be published in Australia. Point-of-sale credit is offered by a...

Modern mass tort defendants—including Johnson & Johnson, Purdue Pharma, USA Gymnastics, and Boy Scouts of America—have developed unprecedented techniques for resolving mass tort cases; innovation...

While the harmonisation of insolvency law in the European Union (EU) has been a top priority on the European institutions’ agenda in the last decade, this endeavour has been slow and has often met...

How does corporate reorganization affect labor outcomes in bankruptcy? The existing literature argues that corporate reorganization affects the reallocation of labor because it retains workers in...