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Private Equity in Distress and the Incentives of Collateralised Loan Obligations

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Restructuring Moratoriums Through an Information-Processing Lens

2 November 2023

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Chapter 11’s Inclusivity Problem

26 September 2023

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Selective Corporate Restructuring Strategy

In a new paper, ‘Selective Corporate Restructuring Strategy’, we engage with a fundamental, but under-theorized fact: that frequently in modern corporate restructuring only selected creditors are impaired by the...

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New Book: ‘Corporate Reorganization Law and Forces of Change’

In my new monograph, Corporate Reorganization Law and Forces of Change (OUP 2020), I argue that it is not possible to adopt a fixed or universal conceptual framework...

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Secured Transaction Law Reform Project Replies to Insolvency Service Consultation Paper

This post comes from Sarah Paterson, chair of Working Group C of the Secured Transactions Law Reform Project. It brings together two initiatives already explored on...

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Debt Restructuring and Notions of Fairness

We think of fairness as an intuitive concept, confident that, as the colloquial expression goes, ‘we will know it when we see it’. Substantive unfairness is usually associated with some...

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