Oxford Business Law Blog

Covering unwelcome uncertainties of the future, yet inherently uncertain and ambiguous by themselves, material adverse change/effect (‘MAC’) clauses have evolved into important risk-allocation...

The COVID-19 pandemic has disrupted normal life and triggered massive economic slowdowns. In the United States, consumer spending has dropped dramatically and unemployment temporarily hit the highest...

With the recent outbreak of the COVID-19 pandemic, there has been an unprecedented shock in worldwide supply and demand caused by the imposition of various lockdown measures to prevent human-to-human...

The term ‘disruption’ has been used frequently, and rather indiscriminately, in recent years, particularly in legal writings on the many facets of digitalisation. In my recent paper, I argue that a...

The COVID-19 pandemic of 2020—as well as government orders to contain it—have prevented countless people, babysitters to basketball players, from fulfilling their contracts. Are all of these parties...

The Covid-19 pandemic has prompted a wide range of responses from governments, central banks and regulatory agencies around the world as well as driving adaptations to corporate governance practices...

The onset of Covid-19 has accelerated the adoption of telemedicine by consumers in India. Reports indicate that the popular Indian healthcare application Practo has witnessed a steep 500% increase in...

The government of the United Arab Emirates (UAE) has, in recent years, made it clear that it wants to promote the UAE as a country in which environmental and social issues are prioritised. It has...

The economic devastation caused by Covid-19 triggered a slew of new research on law’s role in mediating the business cycle, economic growth, and inequality. We welcome submissions for an online...

Covid-19 is primarily a health and human crisis but is increasingly evolving also into an economic crisis. It is not yet a financial crisis; rather, so far the financial sector has been central to...

On 28 July 2020, ECB Banking Supervision published its first assessment of the potential vulnerabilities of the euro area banking sector in the wake of the coronavirus (COVID-19) outbreak. Also on...

The COVID-19 pandemic and climate change risks share many of the same characteristics, both in terms of their impact and why they have caught so many off-guard. Addressing climate risk is not a...

Three catalysts are currently causing a fundamental reorientation of domestic and international monetary and payment systems: Facebook’s Libra, China’s central bank digital currency (the Digital...

On Friday 12 June, the universities of Edinburgh and Glasgow (the Corporate and Financial Law Research group) jointly hosted a full-day webinar entitled ‘Does the global pandemic signal a paradigm...

The novel strain of the coronavirus (COVID-19) has led to a trend of companies patching-up reporting by adding estimates of pre-COVID-19 profits to its EBITDA. Recently, COVID-19 prompted Schenck...

We recently estimated the US bankruptcy system’s ability to absorb an anticipated surge of financial distress among American consumers, businesses, and municipalities as a result of COVID-19. An...

The lockdown measures introduced in the wake of the COVID-19 pandemic have exacted an unprecedented toll on global supply chains. In some instances, these disruptions may give rise to claims—for...