How Markets Work: The Lawyer's Version

After several years of dramatic growth, ESG investing seems to have entered a period of retrenchment.  While it is impossible to predict the future...

Lenders are perfectly free to decide for themselves whether, when, how, to whom and on what terms they will extend credit to a sovereign borrower. But...

We examine the legal terms in the market for green bonds, debt instruments in which proceeds are earmarked, directly or indirectly, for projects with...

Consequential damages have been a cornerstone of contract doctrine since the broken crankshaft in Hadley v. Baxendale. And the Hadley rule is one of...

In this article, we examine the relations between risk, the choice of foreign or local contract terms (parameters), and maturity in the sovereign debt...

Engaging New Cases: The book uses fresh, timely cases in agency and partnership to show how business law is relevant in a variety of practices...

Over the past quarter century, Congress has enacted several major reforms for retirement plans and individual retirement accounts, usually with large...

We examine the legal terms in the market for green bonds, debt instruments in which proceeds are earmarked, directly or indirectly, for projects with...

This law school casebook provides a detailed examination of secured transactions in personal property in both the commercial and consumer context. The...

Modern antitrust law has come under intense criticism in recent years, with a bipartisan chorus of complaints about the power of technology and...

Contract law has one overarching goal: to advance the legitimate interests of the contracting parties. For the most part, scholars, judges, and...

Federal courts control an outsize share of big-ticket corporate litigation. And that control rests, to a significant degree, on the Supreme Court’s...

Politics in the United States is ever more divided, stymying federal legislation. States have responded to this political polarization and...

National security review of corporate transactions has long been a relatively sleepy corner of regulatory policy. But as governments merge economic...

A key question in the academic and policy debates over the optimal architecture for sovereign debt has long been whether sovereigns should be given...

Contract law scholarship has devoted considerable attention to understanding how contract terms are designed to properly incentivize parties to...

Chief executive officers bear significant non-diversifiable personal risks from environmental, social, and corporate governance (ESG) setbacks...