In this essay, we propose a principled approach for government bailouts of critical/systemic firms who find themselves in COVID-19-induced financial distress. We also demonstrate why bankruptcy is the wrong tool to address the...
This Article provides a comprehensive legal analysis of the Federal Reserve’s response to the 2020 economic and financial crisis. First, it examines sixteen ad hoc lending facilities established by the Fed to fight the crisis and...
In this article, I attempt to clarify the appropriate government tools for responding to different forms of market distress in times of crisis. I provide my analysis in the context of the United States responses to market distress...
Virtual-only shareholder meetings have become dramatically more common following Covid-19. Analysis of transcripts and recordings of in-person versus virtual-only shareholder meetings show that virtual-only meetings are...
The Covid-19 crisis in 2020 severely impacted the corporate and in turn, the financial sectors of the UK, entailing responses from financial regulators to implement unprecedented regulatory suspensions that affect both the...
These are exceptional times. Almost everywhere, policymakers are taking exceptional measures. Most of these measures are in the domains of public...Read more
Brussels – 17 November 2020. Norges Bank Investment Management (NBIM) has awarded a research grant to examine...Read more
ECGI in collaboration with the University of Oxford, the Review of Corporate Finance Studies (RCFS) and the Review of Financial Studies (RFS), is...Read more
Even prior to the emergence of COVID-19, global securities regulators were questioning whether short sellers needed to be put on a tighter leash...Read more
Mark Roe and John Coates spoke with Harvard Law Today (HLT) about what could be done to lower the chances of a bankruptcy backlog and how other...Read more
The global startup sector looks back on a decade of rising VC investment...Read more