Oxford Business Law Blog

Looking at the trends of annual shareholders meetings held in Japan in 2020, it can be said that many companies have been slow to close their accounts due to the ongoing pandemic and the associated...

The frustration (or ‘frustration of purpose’) doctrine excuses a party from its contractual obligations when an extraordinary event completely undermines its principal purpose in making the deal...

The EU project is at an inflection point. Intra-EU alliances are altering in light of the UK’s departure, and the EU is grappling with a constellation of crises, including the continued fallout from...

The COVID-19 pandemic has spread worldwide like wildfire turning from a public health crisis into what appears to be the greatest economic crisis since the Great Depression. In addition to measures...

In our recent article, entitled ‘Relief and Rescue During the Covid-19 Pandemic: Financial Regulatory Suspensions in the UK’ (Stanford International Policy Review) and its shorter version, entitled ‘...

COVID-19 threw Annual General Meetings (AGMs) across the UK and beyond into chaos, leading 2/3 of FTSE 100 companies to close their doors to their shareholders. Yet even before this crisis, AGMs have...

Can the ownership and governance structure of a central bank affect its institutional activities? Who benefits from a central bank’s assets and operating results and how does it impact its...

In my new monograph, Corporate Reorganization Law and Forces of Change (OUP 2020), I argue that it is not possible to adopt a fixed or universal conceptual framework in analysing the many different...

Striving to manage the COVID-19 pandemic crisis, the Lithuanian government announced a 3-month quarantine throughout the country on 16 March 2020. This meant severe business restrictions or even a...

Everybody agrees that a strong policy response to COVID-19 is and will be needed. And everybody agrees that it would be even better if this response could also contribute to solve problems that...

As the Covid-19 pandemic continues to disrupt the global economy, regulators are struggling to find cost-effective mitigation strategies. The goal of such strategies should be simple: reduce the...

In May 2020, I wrote on this Blog on whether India should consider introducing pre-packaged insolvencies (‘pre-packs’) into its formal insolvency framework as an additional tool to resolve COVID-19...

The political responses to the Covid-19 pandemic present unprecedented and acute challenges for the EU Member States’ financial and economic systems. To cushion the economic consequences of the Covid...

A few months ago Argentina’s new government under President Alberto Fernández completed a bond exchange which was approved overwhelmingly by its foreign bondholders. The final restructuring deal that...

This year policymakers around the globe have scrambled to intervene in response to an anticipated wave of business bankruptcies flowing from COVID-19 trading disruption. A range of policies have been...

In its Financial Stability Report for the year, the Reserve Bank of India cautioned that there ‘is no room for complacency on cyber security’. The central bank’s warning is timely. The Indian...

In our recent paper, ‘Infected by Bias: Behavioral Science and the Legal Response to COVID-19’, we apply the framework of behavioral economics to better understand efforts to address the COVID-19...

The rapidly spreading coronavirus (Covid-19) outbreak, which was declared a pandemic by the World Health Organization on 11 March 2020, all of a sudden changed everyday life all over Europe and the...

On 19 September 2020 the German Ministry of Justice published the long awaited draft law (the ‘Reform Bill’) transposing the EU Restructuring and Insolvency Directive 2019 (the ‘Directive’). The...