发布求助
文献互助 智能选刊 最新文献

Capital Markets Law Journal最新文献

筛选
英文 中文
OUP accepted manuscript OUP接受稿件
IF 0.7
Capital Markets Law Journal Pub Date : 2021-01-01 DOI: 10.1093/cmlj/kmab027
{"title":"OUP accepted manuscript","authors":"","doi":"10.1093/cmlj/kmab027","DOIUrl":"https://doi.org/10.1093/cmlj/kmab027","url":null,"abstract":"","PeriodicalId":43720,"journal":{"name":"Capital Markets Law Journal","volume":"1 1","pages":""},"PeriodicalIF":0.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"60878909","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
OUP accepted manuscript OUP接受稿件
IF 0.7
Capital Markets Law Journal Pub Date : 2021-01-01 DOI: 10.1093/cmlj/kmab026
{"title":"OUP accepted manuscript","authors":"","doi":"10.1093/cmlj/kmab026","DOIUrl":"https://doi.org/10.1093/cmlj/kmab026","url":null,"abstract":"","PeriodicalId":43720,"journal":{"name":"Capital Markets Law Journal","volume":"1 1","pages":""},"PeriodicalIF":0.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"60879129","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
OUP accepted manuscript OUP接受稿件
IF 0.7
Capital Markets Law Journal Pub Date : 2021-01-01 DOI: 10.1093/cmlj/kmab022
{"title":"OUP accepted manuscript","authors":"","doi":"10.1093/cmlj/kmab022","DOIUrl":"https://doi.org/10.1093/cmlj/kmab022","url":null,"abstract":"","PeriodicalId":43720,"journal":{"name":"Capital Markets Law Journal","volume":"1 1","pages":""},"PeriodicalIF":0.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"60878530","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
OUP accepted manuscript OUP接受稿件
IF 0.7
Capital Markets Law Journal Pub Date : 2021-01-01 DOI: 10.1093/cmlj/kmab033
{"title":"OUP accepted manuscript","authors":"","doi":"10.1093/cmlj/kmab033","DOIUrl":"https://doi.org/10.1093/cmlj/kmab033","url":null,"abstract":"","PeriodicalId":43720,"journal":{"name":"Capital Markets Law Journal","volume":"1 1","pages":""},"PeriodicalIF":0.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"60879160","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: 5
Contracts as regulation: the ISDA Master Agreement 合同作为规则:ISDA主协议
IF 0.7
Capital Markets Law Journal Pub Date : 2020-12-17 DOI: 10.1093/cmlj/kmaa026
M. K. Borowicz
{"title":"Contracts as regulation: the ISDA Master Agreement","authors":"M. K. Borowicz","doi":"10.1093/cmlj/kmaa026","DOIUrl":"https://doi.org/10.1093/cmlj/kmaa026","url":null,"abstract":"This article proposes a rule of contractual interpretation for regulatory contracts defined as contracts 1) used by a large number of market participants, 2) subject to limitations on deviation, and 3) designed with market problems (such as negative externalities) in addition to transactional problems (such as transaction costs) in mind. The rule states that the outcome of the interpretation of regulatory contracts must not be inconsistent with the objectives of the regulatory framework applicable to the market in which the contract is used. The article suggests that the reliance on that rule is normatively justified in cases where the regulatory objectives are clearly defined and particularly when the alternative outcome is to void the contract or its provision. By adopting the regulatory rule for contract interpretation, courts can preserve the autonomy of private regulatory regimes created through contracts without sacrificing public policy objectives. Several examples of the application of the rule to the interpretation of selected provisions of the ISDA Master Agreement and the ISDA Credit Definitions are discussed.","PeriodicalId":43720,"journal":{"name":"Capital Markets Law Journal","volume":" ","pages":""},"PeriodicalIF":0.7,"publicationDate":"2020-12-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cmlj/kmaa026","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43142645","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
Avoiding a lost decade—sovereign debt workouts in the post-Covid era 避免失去的十年——在后新冠时代的主权债务重组
IF 0.7
Capital Markets Law Journal Pub Date : 2020-12-16 DOI: 10.1093/cmlj/kmaa028
Buchheit L, Gulati M.
{"title":"Avoiding a lost decade—sovereign debt workouts in the post-Covid era","authors":"Buchheit L, Gulati M.","doi":"10.1093/cmlj/kmaa028","DOIUrl":"https://doi.org/10.1093/cmlj/kmaa028","url":null,"abstract":"<span><div><div>Key points</div><ul><li>All sovereign debt restructurings risk undershooting (providing <span style=\"font-style:italic;\">less</span> debt relief than is needed to restore the country to long-term sustainability) or overshooting (extracting <span style=\"font-style:italic;\">more</span> debt relief from creditors than turns out to have actually been necessary).</li><li>Of these, undershooting will be the greater risk in sovereign debt workouts in the post-Covid era. Bondholders can be expected to prefer short and shallow debt restructurings that provide near-term debt relief (time enough to sell out of sticky positions). As for the future, creditors will endorse Doris Day’s assessment—<span style=\"font-style:italic;\">que será será.</span> For their part, politicians in the debtor country may also prefer a quick restructuring that provides abundant short-term debt relief even if it complicates the life of the next administration. </li><li>The last time a systemic emerging market sovereign debt crisis was handled through a series of short and shallow debt restructurings was in the 1980s. It bequeathed to the debtor countries what is still called the Lost Decade. Can a similar fate be avoided in the decade that has just begun?</li></ul></div></span>","PeriodicalId":43720,"journal":{"name":"Capital Markets Law Journal","volume":"90 1","pages":""},"PeriodicalIF":0.7,"publicationDate":"2020-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138540247","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 influence of the EU prospectus rules on private law 欧盟招股章程规则对私法的影响
IF 0.7
Capital Markets Law Journal Pub Date : 2020-12-13 DOI: 10.1093/cmlj/kmaa029
D. Busch
{"title":"The influence of the EU prospectus rules on private law","authors":"D. Busch","doi":"10.1093/cmlj/kmaa029","DOIUrl":"https://doi.org/10.1093/cmlj/kmaa029","url":null,"abstract":"The information document (prospectus) that must be published before securities are offered to the public is intended to provide interested investors with the information they need to decide whether or not to purchase them. Once the prospectus has been approved by the competent financial regulator, it serves as a European passport. In other words, the securities to which the offer relates may be offered to the public on the basis of the approved prospectus throughout the EU/EEA. The Prospectus Directive was replaced by the Prospectus Regulation, which is directly applicable in all Member States, with effect from 21 July 2019. Like its predecessor, the Prospectus Regulation is primarily regarded as an instrument of EU financial supervision law. In other words, under the Prospectus Regulation the competent financial regulator may enforce information obligations through administrative law in the event of Key points","PeriodicalId":43720,"journal":{"name":"Capital Markets Law Journal","volume":" ","pages":""},"PeriodicalIF":0.7,"publicationDate":"2020-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cmlj/kmaa029","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48003872","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 Iraq sovereign debt restructuring 伊拉克主权债务重组
IF 0.7
Capital Markets Law Journal Pub Date : 2020-12-07 DOI: 10.1093/cmlj/kmaa031
S. Hinrichsen
{"title":"The Iraq sovereign debt restructuring","authors":"S. Hinrichsen","doi":"10.1093/cmlj/kmaa031","DOIUrl":"https://doi.org/10.1093/cmlj/kmaa031","url":null,"abstract":"","PeriodicalId":43720,"journal":{"name":"Capital Markets Law Journal","volume":" ","pages":""},"PeriodicalIF":0.7,"publicationDate":"2020-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cmlj/kmaa031","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48573088","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: 4
Forest for the trees: are the directors not responsible for disclosures in prospectuses? 森林换树木：董事们对招股说明书中的披露不负责吗？
IF 0.7
Capital Markets Law Journal Pub Date : 2020-12-03 DOI: 10.1093/cmlj/kmaa022
Chee Keong Low, Tak Hay Low
{"title":"Forest for the trees: are the directors not responsible for disclosures in prospectuses?","authors":"Chee Keong Low, Tak Hay Low","doi":"10.1093/cmlj/kmaa022","DOIUrl":"https://doi.org/10.1093/cmlj/kmaa022","url":null,"abstract":"","PeriodicalId":43720,"journal":{"name":"Capital Markets Law Journal","volume":"15 1","pages":"509-523"},"PeriodicalIF":0.7,"publicationDate":"2020-12-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cmlj/kmaa022","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45900408","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
Puerto Rico: Act III 波多黎各:第三幕
IF 0.7
Capital Markets Law Journal Pub Date : 2020-12-03 DOI: 10.1093/cmlj/kmaa023
S. Lubben
{"title":"Puerto Rico: Act III","authors":"S. Lubben","doi":"10.1093/cmlj/kmaa023","DOIUrl":"https://doi.org/10.1093/cmlj/kmaa023","url":null,"abstract":"The Commonwealth of Puerto Rico and certain of its affiliated entities have filed “bankruptcy” petitions under Title III of the Puerto Rico Oversight, Management, and Economic Stability Act (\"PROMESA\"). This short paper provides a brief update on the current status of the restructuring process. As is well known, Puerto Rico’s economy was already deeply distressed, and then came hurricanes, earthquakes, and COVID-19. Given the poor state of the local economy, the island arguably needs extensive debt relief. Before COVID-19, the oversight board had proposed modest debt relief, and even that was deemed unacceptable by bondholders, who argued for cuts to local pensions equal to those being faced by bondholders. As a result, the restructuring process is apt to continue to be quite lengthy and contentious. Puerto Rico’s indeterminate legal status – as neither U.S. state nor independent nation – further complicates matters.","PeriodicalId":43720,"journal":{"name":"Capital Markets Law Journal","volume":"15 1","pages":"453-463"},"PeriodicalIF":0.7,"publicationDate":"2020-12-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cmlj/kmaa023","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43115744","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
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：481959085
Book学术官方微信