AUSTRALIAN BUSINESS LAW REVIEW最新文献

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What Went Wrong With Wrongful Trading? 错误交易到底出了什么问题?
IF 0.4
AUSTRALIAN BUSINESS LAW REVIEW Pub Date : 2022-07-01 DOI: 10.54648/bula2022024
Y. Arora
{"title":"What Went Wrong With Wrongful Trading?","authors":"Y. Arora","doi":"10.54648/bula2022024","DOIUrl":"https://doi.org/10.54648/bula2022024","url":null,"abstract":"In seeking to combat the abuse of limited liability, the wrongful trading provision under section 214 of the Insolvency Act 1986 has long formed part of the UK’s ex post facto creditor protection strategy. However, despite being introduced nearly forty years ago, claims for wrongful trading have been far and few, raising key questions over the provision’s potential. In light of these low numbers, this article assesses the effectiveness of section 214, by examining whether it achieves its underlying objectives. It is argued that, as the regime’s development has been riddled with a lack of clarity, judicial discretion, and inconsistency, officeholders currently face a number of difficulties. These difficulties mean there is currently insufficient incentive for officeholders to bring an action and thus section 214 is not achieving its objectives. However, the provision’s effectiveness can be improved by introducing an ex-ante measure into the ex post facto regime. Premised upon the idea that prevention is better than cure, this author proposes a new model for compulsory preappointment director education. By targeting potential troublemakers from the outset, this eliminates, or at least drastically reduces, the need to rely on section 214 in the first place.\u0000wrongful trading, limited liability, company law, insolvency, creditor protection, directors’ duties","PeriodicalId":42005,"journal":{"name":"AUSTRALIAN BUSINESS LAW REVIEW","volume":"35 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77702954","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Insider Trading in the Commonwealth Caribbean: An Examination of the Adequacy of the Current Companies Act Framework 英联邦加勒比地区的内幕交易:对现行公司法框架充分性的考察
IF 0.4
AUSTRALIAN BUSINESS LAW REVIEW Pub Date : 2022-07-01 DOI: 10.54648/bula2022025
Akeem Lopez
{"title":"Insider Trading in the Commonwealth Caribbean: An Examination of the Adequacy of the Current Companies Act Framework","authors":"Akeem Lopez","doi":"10.54648/bula2022025","DOIUrl":"https://doi.org/10.54648/bula2022025","url":null,"abstract":"Financial markets, particularly stock markets, have long been accepted as a key source of wealth generation and preservation. The potential for astronomical financial gain has tempted more sophisticated investors to make numerous irrational, speculative and risky investment decisions. The most notable of which is engaging in insider trading. While insider trading is more prevalent in economically advanced markets such as in the United States, Canada, England and Asia, the need for stringent regulation is not lost on lawmakers in the Commonwealth Caribbean. This article therefore seeks to examine the adequacy of the provisions in the Companies Acts of various Caribbean territories in curbing insider trading by analysing said provisions and their possible interpretations by reference to decided cases.\u0000stock market, investments, insider trading, Commonwealth Caribbean, stocks, equities, investors, Companies Act","PeriodicalId":42005,"journal":{"name":"AUSTRALIAN BUSINESS LAW REVIEW","volume":"221 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79909921","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Introduction of Injunctive Relief in Fair Trade Law - Focusing on Measures to Develop Current System and Effects on Individual Business Operators 公平交易法中禁令救济的引入——以现行制度的发展措施及对个体经营者的影响为中心
IF 0.4
AUSTRALIAN BUSINESS LAW REVIEW Pub Date : 2022-06-30 DOI: 10.24886/blr.2022.06.36.2.145
Sun Woo Youn
{"title":"The Introduction of Injunctive Relief in Fair Trade Law - Focusing on Measures to Develop Current System and Effects on Individual Business Operators","authors":"Sun Woo Youn","doi":"10.24886/blr.2022.06.36.2.145","DOIUrl":"https://doi.org/10.24886/blr.2022.06.36.2.145","url":null,"abstract":"","PeriodicalId":42005,"journal":{"name":"AUSTRALIAN BUSINESS LAW REVIEW","volume":"91 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83781391","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Legal Status and Challenges of Proxy Voting Advice - Focusing on Regulatory Trends in the United States - 代理投票咨询的法律地位和挑战-以美国监管趋势为重点
IF 0.4
AUSTRALIAN BUSINESS LAW REVIEW Pub Date : 2022-06-30 DOI: 10.24886/blr.2022.06.36.2.113
Minkyung Lee
{"title":"Legal Status and Challenges of Proxy Voting Advice - Focusing on Regulatory Trends in the United States -","authors":"Minkyung Lee","doi":"10.24886/blr.2022.06.36.2.113","DOIUrl":"https://doi.org/10.24886/blr.2022.06.36.2.113","url":null,"abstract":"","PeriodicalId":42005,"journal":{"name":"AUSTRALIAN BUSINESS LAW REVIEW","volume":"18 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80744955","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
History of Regulations on the UK Director’s Remuneration - Distribution of Discretionary Power Among Shareholder’s Meeting and the Board of Director and Say on Pay - 英国董事薪酬法规的历史——股东大会和董事会自由裁量权的分配及薪酬话语权
IF 0.4
AUSTRALIAN BUSINESS LAW REVIEW Pub Date : 2022-06-30 DOI: 10.24886/blr.2022.06.36.2.57
Jeemin Song
{"title":"History of Regulations on the UK Director’s Remuneration - Distribution of Discretionary Power Among Shareholder’s Meeting and the Board of Director and Say on Pay -","authors":"Jeemin Song","doi":"10.24886/blr.2022.06.36.2.57","DOIUrl":"https://doi.org/10.24886/blr.2022.06.36.2.57","url":null,"abstract":"","PeriodicalId":42005,"journal":{"name":"AUSTRALIAN BUSINESS LAW REVIEW","volume":"10 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73403640","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Review of Legal Issues Related to Big Tech Companies that are Financial Platform Operators 大型科技公司作为金融平台运营商的法律问题审查
IF 0.4
AUSTRALIAN BUSINESS LAW REVIEW Pub Date : 2022-06-30 DOI: 10.24886/blr.2022.06.36.2.87
Young-cheol Ahn, Soo-seok Maeng
{"title":"Review of Legal Issues Related to Big Tech Companies that are Financial Platform Operators","authors":"Young-cheol Ahn, Soo-seok Maeng","doi":"10.24886/blr.2022.06.36.2.87","DOIUrl":"https://doi.org/10.24886/blr.2022.06.36.2.87","url":null,"abstract":"","PeriodicalId":42005,"journal":{"name":"AUSTRALIAN BUSINESS LAW REVIEW","volume":"76 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73280226","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A Study on Termination and Compensation for Damages by the Significant Changes in Circumstances in Financial Lease Agreement 融资租赁合同重大情况变化的终止与损害赔偿研究
IF 0.4
AUSTRALIAN BUSINESS LAW REVIEW Pub Date : 2022-06-30 DOI: 10.24886/blr.2022.06.36.2.9
Hyun-Seong Hwang
{"title":"A Study on Termination and Compensation for Damages by the Significant Changes in Circumstances in Financial Lease Agreement","authors":"Hyun-Seong Hwang","doi":"10.24886/blr.2022.06.36.2.9","DOIUrl":"https://doi.org/10.24886/blr.2022.06.36.2.9","url":null,"abstract":"","PeriodicalId":42005,"journal":{"name":"AUSTRALIAN BUSINESS LAW REVIEW","volume":"11 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85599071","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A Study on the Preservation of the Economic Interests of Minority Stockholders against the Merger Ratio - Focusing on the Supreme Court Decision of Stock Purchase Price in the Merger of Samsung C&T and Cheil Industries - 合并比率对中小股东经济利益的保护研究——以大法院对三星物产和第一毛织合并中股票收购价格的判决为例
IF 0.4
AUSTRALIAN BUSINESS LAW REVIEW Pub Date : 2022-06-30 DOI: 10.24886/blr.2022.06.36.2.33
Yu-Jin Lee
{"title":"A Study on the Preservation of the Economic Interests of Minority Stockholders against the Merger Ratio - Focusing on the Supreme Court Decision of Stock Purchase Price in the Merger of Samsung C&T and Cheil Industries -","authors":"Yu-Jin Lee","doi":"10.24886/blr.2022.06.36.2.33","DOIUrl":"https://doi.org/10.24886/blr.2022.06.36.2.33","url":null,"abstract":"","PeriodicalId":42005,"journal":{"name":"AUSTRALIAN BUSINESS LAW REVIEW","volume":"1 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89340344","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Research on the Legal Issues of the Exclusion Mechanism of Private Equity Funds in China 中国私募股权基金排斥机制的法律问题研究
IF 0.4
AUSTRALIAN BUSINESS LAW REVIEW Pub Date : 2022-06-30 DOI: 10.24886/blr.2022.06.36.2.171
K. Kim, Gui Zhou
{"title":"Research on the Legal Issues of the Exclusion Mechanism of Private Equity Funds in China","authors":"K. Kim, Gui Zhou","doi":"10.24886/blr.2022.06.36.2.171","DOIUrl":"https://doi.org/10.24886/blr.2022.06.36.2.171","url":null,"abstract":"","PeriodicalId":42005,"journal":{"name":"AUSTRALIAN BUSINESS LAW REVIEW","volume":"18 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85369901","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A Look into ‘Market Manipulation’ With a Focus on Pump and Dump Schemes and Initial Considerations for Responding to a Regulatory Query 调查“市场操纵”,重点是泵和转储计划和回应监管查询的初步考虑
IF 0.4
AUSTRALIAN BUSINESS LAW REVIEW Pub Date : 2022-06-01 DOI: 10.54648/bula2022016
Ritankar Sahu
{"title":"A Look into ‘Market Manipulation’ With a Focus on Pump and Dump Schemes and Initial Considerations for Responding to a Regulatory Query","authors":"Ritankar Sahu","doi":"10.54648/bula2022016","DOIUrl":"https://doi.org/10.54648/bula2022016","url":null,"abstract":"Public confidence in the fairness of markets enhances their liquidity and efficiency. Market manipulation harms the integrity of securities and derivatives markets by distorting prices, and creates an artificial appearance of market activity. Market manipulation damages the interests of retail and institutional investors alike by disrupting the smooth functioning of financial markets. This leads to a lack of trust in the fairness of the capital markets, resulting in higher risk premiums and reduced investor participation. This article provides an analytical framework (covering the United States, Switzerland, Singapore and the United Kingdom) for understanding select market manipulation behaviour with a focus on pump and dump schemes; and how to craft a preliminary defence strategy when a query is received from a markets regulator. Some tools for combating crossborder fraud and misconduct that can weaken global markets and undermine investor confidence, have been discussed.\u0000corporate governance, comparative law, shareholder primacy","PeriodicalId":42005,"journal":{"name":"AUSTRALIAN BUSINESS LAW REVIEW","volume":"11 1","pages":""},"PeriodicalIF":0.4,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74272062","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
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