Crown image Columbia Law School
Home About Contact Subscribe RSS Email Twitter
Previous Next

  • John C. Coffee, Jr. – Boeing and the Future of Deferred Prosecution Agreements By John C. Coffee, Jr.
  • Leveraging Information Forcing in Good Faith By Hillary Sale
  • The Dark Side of Safe Harbors Comment bubble 2 By Susan C. Morse
  • John C. Coffee, Jr. – Mass Torts and Corporate Strategies: What Will the Courts Allow? By John C. Coffee, Jr.
  • Compliance’s Next Challenge: Polarization By Miriam H. Baer
  • Will the Common Good Guys Come to the Shootout in SEC v. Jarkesy? And Why It Matters By Eric W. Orts
  • Climate Disclosure Line-Drawing and Securities Regulation By Virginia Harper Ho
  • Board Committee Charters and ESG Accountability By Lisa M. Fairfax
Editor-At-Large Reynolds Holding

The CLS Blue Lion logo Sky Blog

Crown image

Columbia Law School's Blog on Corporations and the Capital Markets

Editorial Board John C. Coffee, Jr. Edward F. Greene Kathryn Judge

Menu

Skip to content
  • Our Contributors
  • Corporate Governance
  • Finance & Economics
  • M & A
  • Securities Regulation
  • Dodd-Frank
  • International Developments
  • Library & Archives

International Developments

Designing Corporate Law for Startups

By Alvaro Pereira August 24, 2023 by renholding

The world of startups often appears to embody the exceptionalism of modern finance, with funds swiftly flowing to the best teams and ideas wherever they may emerge. The reality, however, is much more complicated. Financing startups remains a daunting challenge …

The “China Conundrum” and Other Challenges in the Brave New World of Sovereign Debt Restructuring

By Steven T. Kargman August 8, 2023 by renholding

In the past few years, the economies of developing countries and emerging markets have been upended by the once-in-a-century COVID-19 pandemic and the fallout from the war in Ukraine.  As a result, these economies have suffered from a array of …

Environmental and Social Disclosure Has Evolved Around the World

By Yan Lin, Rui Shen, Jasmine Wang and Julia Yu August 2, 2023 by renholding

Environmental and social (E&S) considerations have become integral to investment decisions in the past two decades, and more public firms are making E&S disclosures. Meanwhile, dozens of ESG reporting frameworks have emerged, and many jurisdictions have issued or are in …

How Corporate Law in the Global South Has Pioneered “Heterodox Stakeholderism”

By Mariana Pargendler July 25, 2023 by renholding

How do the corporate laws of Global South jurisdictions differ from their Global North counterparts? Prevailing stereotypes depict the corporate laws of developing countries as either antiquated, mere copies of Global North models or plagued by problems of enforcement. While …

Can Integrity Pledges Improve Financial Reporting?

By Jonas Heese, Gerardo Perez Cavazos and Caspar David Peter July 12, 2023 by renholding

In recent years, integrity oaths have gained popularity as a tool to reinforce ethical behavior among executives and professionals. However, little is known about the impact of these oaths on firms’ financial reporting quality. We answer this question using data …

1 Comment  

Skadden Discusses New EU and UK Regimes for Regulating Cryptoassets

By Simon Toms, Azad Ali, Eve-Christie Vermynck and David Y. Wang June 30, 2023 by renholding

The European Union and U.K. are establishing comprehensive regimes for the regulation of cryptoassets. The Markets in Crypto-Assets Regulation (MiCA) was published in the Official Journal of the European Union on June 9, 2023, and will come into force on …

How to Hold Bank Executives Accountable for Misconduct

By Rita Oliveira, Ruth Walters and Raihan Zamil June 13, 2023 by renholding

The recent banking turmoil in the U.S. and Europe has led to calls for greater accountability for bank executives. These include an extraordinary statement from President Joe Biden on the need to hold senior executives accountable for bank failures.  Similar …

Arnold & Porter Discusses Supreme Court Decision Easing Prosecution of Foreign States in U.S.

By James W. Cooper, Kevin Toomey, Rebecca Caruso, Volodymyr Ponomarov and Sean Mirski May 31, 2023 by renholding

On April 19, 2023, the Supreme Court removed two key potential obstacles to the criminal prosecution of foreign states and their agencies and instrumentalities in U.S. courts. In Turkiye Halk Bankasi A.S. v. United States, 598 U.S. __ (2023), …

How EU and U.S. Disclosure Requirements Differ While Sharing the Same Goals

By Chiara Mosca and Chiara Picciau May 23, 2023 by renholding

Financial markets and securities regulation in the European Union and the United States are converging in an increasing number of areas, from the repression of market manipulation to the provision of stricter requirements for market gatekeepers, such as auditing firms …

The Bail-In of Credit Suisse CoCos: Why Principal Write-Down Made Sense

By Edoardo Martino and Tom Vos May 12, 2023 by renholding

Credit Suisse (CS) was sold to UBS on March 19, 2023, to avoid its further deterioration from long-lasting distress and widespread distrust, especially after the collapse of Silicon Valley Bank. The most contentious point of the deal may have been …

Cleary Gottlieb Discusses Non-Disclosure Agreements — Are They Effective?

By Sunil Gadhia, James Brady-Banzet, Kieran Rogan, Chris Gollop and Tim Vogel May 2, 2023 by renholding

Over the past several years, the use of non-disclosure agreements (“NDAs”) has received significant public scrutiny following their controversial use in a number of high profile harassment claims.[1]

NDAs were back in the headlines earlier this year following the …

How Regulation of Share Buybacks and Insider Trading Compare in the U.S. and Europe

By Lance Ang April 21, 2023 by renholding

Share buybacks have returned with a vengeance following the COVID-19 pandemic.[1] The average proportion of buybacks out of aggregate shareholder payouts in 2019-2021 was higher than the historical average during 2005-2019 in the U.S. and Europe.[2] These developments …

Bailout Blues: The Write-Down of the AT1 Bonds in the Credit Suisse Bailout

By Horst Eidenmüller and Javier Paz Valbuena April 17, 2023 by renholding

A key principle of Chapter 11 corporate reorganizations is the “absolute priority rule.” It requires that the claims of a dissenting class of creditors be paid in full before any stakeholders in a class junior to such dissenting …

The Politics of Mandatory Corporate Philanthropy

By Dhruv Aggarwal April 7, 2023 by renholding

How do firms allocate their spending on philanthropic causes or other socially beneficial activities? With 94 percent of large U.S. companies committed to charitable giving and some investors increasingly willing to forego financial returns to advance such activities, this is …

Are Corporate Net-Zero Pledges Just More Greenwash?

By Anita Foerster and Michael Spencer March 29, 2023 by renholding

Since the international Paris Agreement on climate change was adopted in 2015, there has been a massive upsurge in corporate net zero pledges. In our new article, we explored the climate commitments of large Australian companies. We wanted to …

What Should We Do About ChatGPT?

By Roee Sarel March 24, 2023 by renholding

Almost everyone seems to be talking about ChatGPT. This new AI-enabled chatbot, which can swiftly produce answers that feel as if a human wrote them, promises to revolutionize how we generate text. Although ChatGPT emerged just a few months ago, …

1 Comment  

ISS Discusses Big EU Changes to Corporate Governance

By Oona Huttunen March 24, 2023 by renholding

The rationale behind a number of recent EU legislation changes focusing on corporate governance has been to prioritise a long-term focus on governance through various transparency measures as well as some concrete requirements for action, and on allowing shareholders and …

Shearman & Sterling Discusses Personal Liability in UK of Directors for Climate Strategy

By Elise Edson, Ben Shorten, Julia Derrick, Trinh Chubbock and Jonathan Swil March 20, 2023 by renholding

In a potentially precedent-setting case, 11 directors of global energy company Shell Plc (formerly Royal Dutch Shell Plc) [1] are being sued in their personal capacity over the company’s energy transition strategy. The claim, which has been filed in the …

Activist Shareholders in Corporate Governance: Lessons from Australia

By Tim Bowley March 14, 2023 by renholding

Much of the debate about activist shareholders is informed by experience in Northern Hemisphere markets, particularly the United States. In my recently published book, I examine the topic from an Australian perspective.

Australia is ideal for exploring shareholder activism for …

Do the Old Rules Apply to ESG Ratings and Benchmarks?

By Matteo Gargantini and Michele Siri March 8, 2023 by renholding

The steady growth of sustainable finance in recent years poses difficult questions on how regulators should approach it. In the European Union (EU), for example, there has been an explosion of new rules aimed at addressing a broad array of …

« Previous 1 … 4 5 6 7 8 … 35 Next »
Crown image Columbia Law School
Home About Contact Subscribe or Manage Your Subscription RSS Email Twitter
Powered by WordPress VIP
© Copyright 2025, The Trustees of Columbia University in the City of New York.