By Professor Steven Schwarcz (Duke University School of Law) and Christina Trepczynski (Duke University School of Law JD …
Continue Reading about The Legal Anomaly of Non-Recourse Financing
By Professor Steven Schwarcz (Duke University School of Law) and Christina Trepczynski (Duke University School of Law JD …
Continue Reading about The Legal Anomaly of Non-Recourse Financing
By Steven L. Schwarcz (Duke University School of Law) Large financial institutions, such as U.S. Bank or Bank of NY Mellon, …
Continue Reading about Bond Trustees, and the Rising Challenge of Activist Investors
By Jonathan Seymour, Steven L. Schwarcz (Duke University School of Law) The European Union recently adopted a Restructuring …
By Steven L. Schwarcz (Duke University School of Law) Indenture trustees act for the benefit of the investors in a company’s …
Continue Reading about Indenture Trustee Duties: The Pre-Default Puzzle
By Steven L. Schwarcz (Duke University School of Law) Secured transactions traditionally are regulated to protect transacting …
Continue Reading about Secured Transactions and Financial Stability: Regulatory Challenges
By Steven L. Schwarcz, Duke University School of Law Professor Schwarcz examines whether the bankruptcy “safe harbor” for …
Continue Reading about Derivatives and Collateral: Balancing Remedies and Systemic Risk
Author: Stephen D. Adams The House Judiciary Subcommittee on Regulatory Reform, Commercial, and Antitrust Law has held two sets …
Authors: Steven L. Schwarcz and Ori Sharon Bankruptcy law gives creditors in derivatives transactions a “safe harbor” in the form …
Continue Reading about The Bankruptcy-Law Safe Harbor for Derivatives: A Path-Dependence Analysis