"The global shift from securities being held directly by an investor to many securities being held via an intermediary raises important legal issues, including the impact on the rights of investors and the enforcement of those rights against intermediaries and issuers. The cross-border nature of such issues adds another layer of complexity and reduces legal certainty. Against this, intermediation offers benefits for many investors including a reduction in costs and the facilitation of the use of securities in the collateral, repo and securities lending markets.This book will cover a number of topics relating to intermediated securities including the history of intermediation, the benefits and problems in the current system of intermediated securities and how future legal and technological developments could help to resolve these problems while retaining the benefits of intermediation. It also examines the possible impact of FinTech on this area, in particular the potential for Blockchain to be used, the extent to which this will solve some of the difficulties that currently exist, and whether it will create new difficulties that will need to be overcome.This important statement on the question of intermediation will appeal to corporate law academics, practitioners and to students of corporate law"--
Jennifer Payne Livres




Schemes of Arrangement
- 452pages
- 16 heures de lecture
Focusing on schemes of arrangement, this book offers a critical and comparative analysis of their applications. It serves as an essential resource for both practitioners and academics seeking a deeper understanding of these legal frameworks. Through contextual insights, readers will gain valuable knowledge about the intricacies and implications of these arrangements.
Key theoretical and policy issues in corporate finance law are thoroughly examined in this updated third edition. It offers balanced coverage of both equity and debt aspects, highlighting their similarities and differences. The book reflects recent developments in both law and markets, making it a relevant resource for understanding contemporary corporate finance.
Takeovers in English and German law
- 208pages
- 8 heures de lecture
This book arises out of the second Anglo-German Law Conference in Oxford,held under the auspices of the Oxford Law Faculty and with the support of two leading law firms.The law regarding takeovers has recently taken on a new dimension in Europe, and nowhere more so than in England and Germany. These two jurisdictions have had to consider a number of issues, including the ramifications of the Vodafone/Mannesmann takeover, the proposed Takeover Act in Germany, and the impact of the Financial Services and Markets Act 2000 in England. This collection examines the law regarding takeovers in England and Germany, taking account of these new developments, among others. It also deals specifically with the issues arising from cross-border mergers between the two jurisdictions. This collection will be indispensable to practising lawyers and in-house counsel whose practice touches on Anglo-German business affairs. It will also be of real interest to legal academics in this field.