Who is the intended audience of a contract? A court, who may be called upon to resolve a dispute, is one audience. Another is commercial communities... MORE
Although empirical scholarship dominates the field of law and finance, much of it shares a common vulnerability: an abiding faith in the accuracy and... MORE
The standard paradigm of contracting assumes that parties will revise subsequent contracts if a court interpretation of a clause does not reflect... MORE
Contract law and theory have traditionally paid little attention to the processes by which contracts are made. Instead, contracts among sophisticated... MORE
Recent Supreme Court decisions have severely curtailed the reach of the Alien Tort Statute (ATS), making it nearly impossible to hold multinational... MORE
Scholars and policy makers have long debated whether corporations should serve social purposes at the expense of shareholder wealth. The SEC has... MORE
Market definition is a highly contested topic in antitrust. Courts’ approaches to market definition are admittedly flawed, and the case originating... MORE
An SEC push for environmental, social, and governance disclosure would cater to Wall Street instead of Main Street.
Politicians, policy experts, and... MORE
Unnoticed in the literature on sovereign bonds, an innovation has been taking place over the past decade and a half. Starting with a single issuance... MORE
The rise of index funds has reshaped the modern American capital markets. Like mutual fund managers, indices now direct trillions of dollars of... MORE
Few issues have aroused more interest of late than the role of “platforms” in the economy. The Supreme Court has recently made the what is likely to... MORE
In Ohio v. American Express, both the majority and dissent injected into Supreme Court jurisprudence a new test for evaluating restraints under the... MORE
We analyze the price effect of the introduction of Collective Action Clauses (CACs) in newly issued sovereign bonds of Eurozone countries as of... MORE
