3CL Travers Smith Seminar Series: Recent Episodes
Cambridge University
The Centre for Corporate and Commercial Law (3CL) at the Faculty of Law, University of Cambridge, was formally opened by Lord Mustill at the conclusion of its first conference on 'Shareholder's Rights and Remedies' (held on the 12 April 1997).
The 3CL has links with similar institutions in universities around the world, and through the Faculty's Herbert Smith Visitor Programme, it is able from time to time to invite leading international corporate and securities lawyers to Cambridge. The 3CL is a member of Cambridge Finance which coordinates the programmes of research and study in all areas of finance across the University of Cambridge.
3CL is grateful to Travers Smith for the generous support of the Seminar Series.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Speaker: Professor Alberto Saiz Garitaonandia (University of the Basque Country)
Among some other problems, due to court congestion and case backlog, many judicial systems are seen as slow and unable to offer a response to the citizen´s demands in a reasonable time. The limitations and restrictions implemented by the different governments during the Covid 19 pandemic crisis have exacerbated the previous concern, but at the same time has shown how new technologies, such as videoconferencing, can be introduced and play an important role in the traditionally conservative area of Justice.
In this context, the rapid improvement of the artificial intelligence (AI) in the last few years and its extensive use in some transcendent spheres of our lives makes us wonder how we could integrate such a technology in the area of justice, supporting or, even more, substituting a judge. In fact, a certain amount of studies using machine learning has achieved a significant level of accuracy predicting judicial outcomes. However, problems such as bias and lack of transparency may limit the deployment of AI in the judiciary.
In any case, if it wants to preserve its legitimacy the judiciary must adapt itself to the new times and technologies used by the society it is serving. As some commentators have stated, we should not see the court as a place, but as a service that may be provided in different ways.
About the speaker:
Alberto Saiz Garitaonandia is currently a Professor of Procedural Law at the University of the Basque Country. Prof. Saiz Garitaonandia served as Director of the Basque Government Legal Department - Solicitor General (2013-2020). He was awarded a Visiting Fellowship in Clare Hall College at the University of Cambridge for the academic year 2021-2022 where, invited by the Centre for Corporate and Commercial Law (3CL), he is researching in the area of artificial intelligence applied to dispute resolution.
He has been Visiting Professor and Researcher at Stanford University, Georgetown University, American University, Florida International University and University of Nevada (USA). He is the author of several books and articles and has served as a member of the Executive Board of the European Society of Criminology (2011-2013), directing its Annual Conference in 2012. His areas of research include the Organization of Justice, Law and New Technologies and Alternative Dispute Resolution.
Prof. Saiz Garitaonandia holds a Law Degree, a Degree in Political Sciences and an Executive MBA from Deusto Business School (2017-2018), which included the Value Innovation Programme at INSEAD (France) and the Global Gateway Program at Fordham University (USA). His PhD received the Extraordinary Doctor´s Degree Award, a special mention for the quality of his thesis.
3CL runs the 3CL Travers Smith Lunchtime Seminar Series, which are are kindly supported by Travers Smith featuring leading academics from the Faculty, and high-profile practitioners.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Jens Frankenreiter (Washington University in St Louis) gave a lunchtime seminar entitled "Cleaning of Corporate Governance" on 22 February 2022 as a guest of 3CL (The Centre for Corporate and Commercial Law).
Abstract: Although empirical scholarship dominates the field of law and finance, much of it shares a common vulnerability: an abiding faith in the accuracy and integrity of a small, specialized collection of corporate governance data. In this paper, we unveil a novel collection of three decades’ worth of corporate charters for thousands of public companies, which shows that this faith is misplaced. We make three principal contributions to the literature. First, we label our corpus for a variety of firm- and state-level governance features. Doing so reveals significant infirmities within the most well-known corporate governance datasets, including an error rate exceeding eighty percent in the G-Index, the most widely used proxy for “good governance” in law and finance. Correcting these errors substantially weakens one of the most well-known results in law and finance, which associates good governance with higher investment returns. Second, we make our corpus freely available to others, in hope of providing a long-overdue resource for traditional scholars as well as those exploring new frontiers in corporate governance, ranging from machine learning to stakeholder governance to the effects of common ownership. Third, and more broadly, our analysis exposes twin cautionary tales about the critical role of lawyers in empirical research, and the dubious practice of throttling public access to public records.
Bio: Jens Frankenreiter is a visiting professor at Washington University in St. Louis School of Law. His research and teaching interests lie at the intersection of business law, contract law, and comparative law. His work draws on methods from economics, statistics, and data science to improve our understanding of contracting, private and public lawmaking, and legal institutions. A particular focus of his work is on the use of large amounts of texts and other forms of big data. His writing has appeared in leading academic journals, among them the Journal of Empirical Legal Studies and the University of Pennsylvania Law Review. Jens holds a Ph.D. from the Swiss Federal Institute of Technology (ETH Zurich) and an LL.M. from Harvard Law School. Before coming to Washington University, he was a Senior Research Fellow at Max Planck Bonn, a Visiting Associate Professor of Law at the University of Virginia School of Law, and a Post-Doc at the Millstein Center for Global Markets and Corporate Ownership.
3CL Seminars are kindly supported by Travers Smith.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Ignacio Tirado of UNIDROIT and Universidad Autónoma Madrid, gave a lunchtime seminar entitled "Deconstructing Insolvency Law: Towards a Bespoke Treatment of Business Financial Distress" on 8 February 2022 as a guest of 3CL (The Centre for Corporate and Commercial Law).
3CL Seminars are kindly supported by Travers Smith.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This was a joint 3CL/Cambridge Private Law Centre event.
Additive layer manufacturing, better known as 3D-printing, is a manufacturing technology which has been evolving steadily over the last few decades, and has now advanced to the point where it can make the leap from niche technology to mainstream application. Its potential is such that it could change where and the manner in which many types of goods are produced. An interesting aspect of 3D-printing is that it allows for the unbundling of the production process. In this paper, I intend to explore what this could mean for the laws on the humble contract for the sale of goods, and whether the potential of 3D-printing requires developments in the law.
Christian Twigg-Flesner LL.B. PCHE Ph.D. (Sheffield) is Professor of International Commercial Law at the University of Warwick (since September 2017). Previously, he was Professor of Commercial Law at the University of Hull, having joined there as Lecturer in 2004, and he previously taught at the University of Sheffield and Nottingham Trent University. His research and teaching interests are in the areas of Commercial, Consumer and Contract Law, with a particular focus on the implications of digitalisation. His research covers English, European and International dimensions. He is a Fellow of the European Law Institute, an Associate Academic Fellow of the Honourable Society of the Inner Temple, and one of the Law editors for the Journal of Consumer Policy. He has been a Senior International Fellow at the University of Bayreuth (2016-18), and visiting professor at the universities of Münster, Bielefeld, Osnabrück, and City University Hong Kong. He has spoken at conferences throughout Europe, as well as in Hong Kong and Japan.
He has published extensively, particularly on EU Consumer and Contract Law. His books include Foundations of International Commercial Law (Routledge, 2021), Rethinking EU Consumer Law, with Geraint Howells and Thomas Wilhelmsson (Routledge, 2017), The Europeanisation of Contract Law (2nd ed, Routledge, 2013) and A Cross-Border-Only Regulation for Consumer Transactions in the EU – A New Approach to EU Consumer Law (Springer, 2012). He has edited the Cambridge Companion to European Union Private Law (Cambridge University Press, 2010), and the Elgar Research Handbook on EU Consumer and Contract Law (Edward Elgar, 2016). He is also an editor of the 13th and 14th editions of Atiyah and Adams’ Sale of Goods (Pearson, 2016; 2020; with Rick Canavan).
3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners.
For more information see: https://www.3cl.law.cam.ac.uk/centre-activities
Speaker: Professor Ignacio Tirado (UNIDROIT, Universidad Autónoma Madrid)
3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners.
For more information see: https://www.3cl.law.cam.ac.uk/centre-activities
The first lectures of the LLM Corporate Governance course delivered by Professor Brian Cheffins which form an introduction to the Cambridge LLM Masters Degree Course in Corporate Governance Law.
These introductory lectures cover the following topics:
a) Corporate Governance as a topic for study; b) Defining Corporate Governance; c) Corporate Governance's Emergence as a Prominent Issue; d) Tiers of Regulation; e) The Separation of Ownership and Control in the UK; f) Agency Costs; g) Practical Constraints on Managerial Conduct.
The first lectures of the LLM Corporate Governance course delivered by Professor Brian Cheffins which form an introduction to the Cambridge LLM Masters Degree Course in Corporate Governance Law.
These introductory lectures cover the following topics:
a) Corporate Governance as a topic for study; b) Defining Corporate Governance; c) Corporate Governance's Emergence as a Prominent Issue; d) Tiers of Regulation; e) The Separation of Ownership and Control in the UK; f) Agency Costs; g) Practical Constraints on Managerial Conduct.
The first lectures of the LLM Corporate Governance course delivered by Professor Brian Cheffins which form an introduction to the Cambridge LLM Masters Degree Course in Corporate Governance Law.
These introductory lectures cover the following topics:
a) Corporate Governance as a topic for study; b) Defining Corporate Governance; c) Corporate Governance's Emergence as a Prominent Issue; d) Tiers of Regulation; e) The Separation of Ownership and Control in the UK; f) Agency Costs; g) Practical Constraints on Managerial Conduct.
The first lectures of the LLM Corporate Governance course delivered by Professor Brian Cheffins which form an introduction to the Cambridge LLM Masters Degree Course in Corporate Governance Law.
These introductory lectures cover the following topics:
a) Corporate Governance as a topic for study; b) Defining Corporate Governance; c) Corporate Governance's Emergence as a Prominent Issue; d) Tiers of Regulation; e) The Separation of Ownership and Control in the UK; f) Agency Costs; g) Practical Constraints on Managerial Conduct.
The first lectures of the LLM Corporate Governance course delivered by Professor Brian Cheffins which form an introduction to the Cambridge LLM Masters Degree Course in Corporate Governance Law.
These introductory lectures cover the following topics:
a) Corporate Governance as a topic for study; b) Defining Corporate Governance; c) Corporate Governance's Emergence as a Prominent Issue; d) Tiers of Regulation; e) The Separation of Ownership and Control in the UK; f) Agency Costs; g) Practical Constraints on Managerial Conduct.
The first lectures of the LLM Corporate Governance course delivered by Professor Brian Cheffins which form an introduction to the Cambridge LLM Masters Degree Course in Corporate Governance Law.
These introductory lectures cover the following topics:
a) Corporate Governance as a topic for study; b) Defining Corporate Governance; c) Corporate Governance's Emergence as a Prominent Issue; d) Tiers of Regulation; e) The Separation of Ownership and Control in the UK; f) Agency Costs; g) Practical Constraints on Managerial Conduct.
The first lectures of the LLM Corporate Governance course delivered by Professor Brian Cheffins which form an introduction to the Cambridge LLM Masters Degree Course in Corporate Governance Law.
These introductory lectures cover the following topics:
a) Corporate Governance as a topic for study; b) Defining Corporate Governance; c) Corporate Governance's Emergence as a Prominent Issue; d) Tiers of Regulation; e) The Separation of Ownership and Control in the UK; f) Agency Costs; g) Practical Constraints on Managerial Conduct.
Chris Hale (Chair Emeritus of Travers Smith) gave a lecture entitled 'Private Equity: Its place in corporate finance and how it works' on 28 February 2020 at the Faculty of Law as a guest of 3CL.
This lecture by Chris Hale, Chair Emeritus of Travers Smith, will explore the economic and legal aspects of private equity, reflecting on its global reach, its growth from its origins in venture capital, and its importance in the context of M&A. As well as an in-depth analysis of the legal structure, he will consider the reasons for its success, the current trends and tis prospects in the future.
Chris Hale is a senior consultant in the Private Equity & Financial Sponsors Group of Travers Smith, which he founded in 1996. Chris was Senior Partner between 2013 and 2019, and Head of Corporate from 2003 to 2013. He is listed as among the world’s leading lawyers in private equity by the Legal List 500 and Chambers Global, and as an eminent practitioner for UK Corporate M&A and private equity by Chambers and Partners.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Ryan Abbott (University of Surrey) gave a lecture entitled 'The Principle of AI Legal Neutrality' on 25 February 2020 at the Faculty of Law as a guest of 3CL.
AI and people do not compete on a level-playing field. From a safety perspective, AI may be the best choice for driving a vehicle, but laws often prohibit driverless vehicles. At the same time, a person may be better at providing customer service, but a business may automate because it saves on taxes. AI may be better at helping companies to innovate, but using AI may keep these companies from obtaining intellectual property rights. In The Reasonable Robot, Ryan Abbott argues that the law should not discriminate between people and AI when they are performing the same tasks, a legal standard that will ultimately improve human wellbeing.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Jon Lukomnik (Sinclair Capital & IRRC Institute) gave a lecture entitled 'Blackrock's Environmental Activism: The Third Stage of Corporate Governance' on 4 February 2020 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Dr Suren Gomtsian (University of Leeds) gave a lecture entitled 'Shareholder Engagement by Large Institutional Investors' on 28 January 2020 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Howell E. Jackson (Harvard Law School) gave a lecture entitled ""Nobody is Proud of Soft Dollars": A Critical Review of Excess Brokerage Commissions in the United States and the Significance of Recent MiFID II Reforms in the European Union" on 21 October 2019 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Andrew Keay & Professor Joan Loughrey (University of Leeds, UK) gave a lecture entitled "Should Judges Review Directors’ Business Judgment(s)?" on 21 February 2019 at the Faculty of Law as guests of 3CL.
Directors are rarely held legally accountable for decisions that have poor outcomes. A key reason is that courts have asserted that the exercise of director’s business judgment should be immune from judicial review. Thus classifying a decision as a business judgment provides directors with a powerful shield from accountability. Yet the meaning and boundaries of the concept of business judgment and the consequences of review/non-review have received little attention. In their seminar, Professors Keay and Loughrey will address this gap by: (1) establishing what is meant by business judgment, (2) identifying how the courts apply this concept, and (3) assessing to what extent directors’ decisions in England and Wales should be subject to review by the courts.
3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Susan Watson (University of Auckland, New Zealand) gave a lecture entitled "An Eversion in Thinking: The Company as a Persona Ficta" on 26 February 2019 at the Faculty of Law as a guest of 3CL.
The argument that forms the basis of this seminar is that the modern company is a legal entity that is a persona ficta; a juridical person separate from all natural persons. Professor Watson will argue that being a persona ficta separate from all natural persons enables the company to capture forms of value derived from the people who work for the organisation, or who transact with the company. The company converts that value to forms of capital that it combines to generate further value. That lock in of capital over time has made size, scope and scale possible within the corporate form. That value extends beyond financial and other forms of capital to organisational systems. The accounting and later legal separation of the fund as a legal entity not just from shareholders but from all the people who are part of the organisation made partitioning of that value in the persona ficta possible.
3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Samuel Buell (Duke University, USA) gave a lecture entitled "The Global Expansion of Corporate Criminal Liability: Effective Enforcement Policy Across Legal Systems" on 12 February 2019 at the Faculty of Law as a guest of 3CL.
The United States model of corporate crime control, developed over the last two decades, couples an extremely broad rule of corporate criminal liability with a practice of reducing sanctions, and often withholding conviction, for firms that assist in public enforcement by detecting, reporting, and helping prove criminal violations. This model has recently attracted more interest among law reformers in overseas nations, who have sought to increase the frequency and size of their own enforcement actions by adopting features of the U.S. approach. By focusing almost entirely on the law of corporate criminal liability and the process of criminal settlement, the international discussion of corporate criminal enforcement law and policy, as well as the literature on corporate crime, have missed how the U.S. model depends on what we term background laws. These are rules such as self-incrimination rights, legal privileges, and data privacy regimes that control the relative powers of governments and corporations to collect and use evidence of business crime.
This Article exposes that omission, explains how background laws operate and differ in the U.S. and overseas, and advises law reformers on how to shape corporate enforcement policy in light of domestic law’s allocation of investigative powers between public and private spheres.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Dr Alexander Schall of Leuphana Law School, Germany gave a lecture entitled "The Principle of Unjust Enrichment – A Comparative Perspective" on 29 Januyary 2019 at the Faculty of Law as a guest of 3CL the Cambridge Private Law Centre.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/ and the Private Law Centre website: http://www.privatelaw.law.cam.ac.uk/
Jennifer Hill (Professor of Corporate Law at the University of Sydney Law School) gave a lecture entitled "Liability for Seriously Flawed Corporate Cultures" on 22 November 2018 at the Faculty of Law as a guest of 3CL.
3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners. For more information on past events including recordings, please refer to the Centre activities page.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Dr Jay Cullen (University of Sheffield) gave a lecture entitled "The Case for Abolishing Deposit Insurance Limits" on 13 November 2018 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Dr Andreas Kokkinis of the University of Warwick gave a lecture entitled "Revisiting the Case for Employee Participation in Corporate Governance" on 30 November 2018 at the Faculty of Law as a guest of 3CL.
In this seminar, Dr Kokkinis revisits the theory of firm ownership to examine the potential economic benefits of employee participation in corporate governance. Contrary to the standard corporate contractarian claim that employee participation is inefficient, because it does not arise frequently as a result of market forces, he demonstrates that the supposed superiority of the current Anglo-American system cannot be logically deduced. Some level of employee participation can be optimal for some firms, and available evidence indicates that participation brings advantages in terms of productivity. To understand the nature of these advantages and the best way to design a legal framework for participation, Dr Kokkinis conducts a case study of the German system of codetermination. Taking into account the peculiarities of the UK economy and corporate governance system, he argues that employee board representation is likely to bring positive economic outcomes. This, however, presupposes broad acceptance of participation by business managers and institutional investors, as well as employees.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
David Kershaw (Professor of Law at the LSE) gave a lecture entitled "The Foundations of Anglo-American Corporate Fiduciary Law: Connected Assets and the Idea of Property" on 23 October 2018 at the Faculty of Law as a guest of 3CL.
David Kershaw is the author of 'The Foundations of Anglo-American Corporate Fiduciary Law' (CUP, 2018), 'Principles of Takeover Regulation' (OUP, 2016), and 'Company Law in Context: Text and Materials', 2nd ed. (OUP, 2012). Prior to his academic career, he qualified as a Solicitor at Herbert Smith, London and practised corporate law in the Mergers & Acquisitions Group of Shearman & Sterling in New York and London.
In this seminar, Professor Kershaw will address one of the key themes of his most recent book 'The Foundations of Anglo-American Corporate Fiduciary Law', published in August of this year.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Marc Moore, Senior Lecturer at University College London, gave a lecture entitled "Beyond Private Ordering: Rethinking Corporate Governance as a Subject of Legal Enquiry" on Tuesday, 28th February 2012 at the Faculty of Law as a guest of 3CL.
Marc's interests are in company law, corporate governance and capital markets, especially theory of the firm and the legitimacy of managerial decision-making power in public companies.
For more information see the Centre for Corporate and Commercial Law website at:
http://www.3cl.law.cam.ac.uk/
Steven Schwarcz (Stanley A. Star Professor of Law & Business, Duke University) gave a lecture entitled "Central Clearing of Financial Contracts" on 13 March 2018 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Dr Michael Galanis (Senior Lecturer in Company Law, University of Manchester) gave a lecture entitled "Saving the World with or From Corporate Law: A Silent Death for the Corporation?" on 20 February 2018 at the Faculty of Law as a guest of 3CL.
3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners. For more information on past events including recordings, please refer to the Centre activities page.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Robert Hingley (Senior Adviser, Ondra; Member and Former Director-General, Takeover Panel) gave a lecture entitled "The Takeover Code in its Wider Regulatory and Political Context" on 13 February 2018 at the Faculty of Law as a guest of 3CL.
Robert Hingley is currently a partner at the independent advisory firm Ondra, and a member of the Code Committee of the UK Takeover Panel. He has formerly served as Director-General of the Takeover Panel, and is also chairman of the Cambridge MCL Practitioners’ Advisory Board.
Hingley started his career in investment banking with Schroders in the mid-1980s, spending 18 years there and with Citigroup in roles including head of the global financial institutions group and head of German investment banking. In 2005 he joined Lexicon Partners as vice chairman. In 2010 he joined Lazard as a managing director in its financial advisory business, and in 2012 became director of investment affairs at the Association of British Insurers.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Chris Hale (Senior Partner, Travers Smith) gave a lecture entitled "Private Equity: the Challenges of Success" on 7 February 2018 at the Faculty of Law as a distinguished guest of 3CL.
Chris Hale is the Senior Partner of Travers Smith, and one of the world’s leading lawyers in private equity. He specialises in UK and international M&A and buy-out work, and founded Travers Smith’s Private Equity Group in 1996. Chris acts for institutional investors and management teams on investments and divestments, as well as private equity-backed and large private companies on M&A and other corporate matters. He lectures and contributes to journals regularly, and is the author of Private Equity: A Transactional Analysis, 3rd ed. (2015, Globe Law and Business).
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Deirdre Ahern of Trinity College Dublin gave a lecture entitled "Conceptualising Overreach in the English Corporate Opportunities Doctrine" on 7 November 2017 at the Faculty of Law as a guest of 3CL.
3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners. For more information on past events including recordings, please refer to the Centre activities page.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Richard A. Booth (Martin G. McGuinn Professor of Business Law, Villanova University) gave a lecture entitled "The Real Problem with Appraisal Arbitrage" on 2 May 2017 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Andrew Johnston of the University of Sheffield gave a lunchtime seminar entitled "The Rise and Fall of the Enterprise: How the Law Forgot about Management" on 7 March 2017 at the Faculty of Law as a guest of 3CL (The Centre for Corporate and Commercial Law).
3CL Seminars are kindly supported by Travers Smith.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Carlo Amatucci of the University of Naples Federico II, gave a lunchtime seminar entitled "Directors' Liability in Distressed Companies" on Tuesday 28 February 2017 at the Faculty of Law as a guest of 3CL (The Centre for Corporate and Commercial Law).
3CL Seminars are kindly supported by Travers Smith.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Jennifer Emery of CMS Cameron McKenna LLP gave a lecture entitled "Creating a New City Powerhouse: London's First Tri-Partite Legal Merger" on 21 February 2017 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Lucy Reeve and Sarah Debney of Linklaters LLP gave a lecture entitled "The EU Market Abuse Regulation and What it Means in Practice" on 7 February 2017 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Michael Waibel (University of Cambridge) and Norbert Gaillard (Economist & independent consultant) gave a lecture entitled "The Icarus Syndrome: How Credit Rating Agencies Lost their Quasi-Immunity?" on 31 January 2017 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Christopher Bruner of the Washington and Lee University gave a lecture entitled "Center-Left Politics and Corporate Governance: What is the "Progressive" Agenda?" on 27 January 2017 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
On the evening of 29 November 2016, 3CL held an event which incorporated a discussion between Guy Lewin-Smith (Debevoise & Plimpton LLP) and Marc Moore (University of Cambridge) on the subject "Advising at the UK/US Corporate Law Interface".
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Horst Eidenmüller of the University of Oxford gave a lecture entitled "What is an Insolvency Proceeding" on Tuesday 29 November 2016 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Marc Steinberg of the Southern Methodist University Dedman School of Law, former enforcement attorney and counsel at US SEC, gave a lunchtime seminar entitled "Expanding Liability of Corporate Counsel in the US" on Thursday 24 November 2016 at the Faculty of Law as a guest of 3CL (The Centre for Corporate and Commercial Law).
3CL Seminars are kindly supported by Travers Smith.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor David Zaring of the University of Pennsylvania gave a lecture entitled "Regulation by Threat: Understanding Dodd-Frank’s Regulation of Systemically Significant Non-Bank Financial Companies" on Tuesday 8 November 2016 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Dr Elizabeth Howell of the University of Cambridge gave a lecture entitled "ESMA: A Direct EU Watchdog - Supervision in Action" on Tuesday 25 October 2016 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Susan Watson of the University of Auckland gave a lecture entitled "The Corporate Legal Person" on Tuesday 11 October 2016 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Joan Loughrey of the University of Leeds gave a lunchtime seminar entitled "Reframing the Goals of Director Disqualification: Regulation or Accountability?" on Tuesday 16 February 2016 at the Faculty of Law as a guest of 3CL (The Centre for Corporate and Commercial Law).
3CL Seminars are kindly supported by Travers Smith.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Dr Ewan McGaughey of King's College London gave an evening seminar entitled "Do Corporations Increase Inequality?" on Wednesday 27 January 2016 at the Faculty of Law as a guest of 3CL (The Centre for Corporate and Commercial Law).
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
As part of the Faculty's 3CL Travers Smith Lunchtime Seminar Series, Jeremy Walsh of Travers Smith gave a lunchtime seminar entitled "UK Debt Restructuring Techniques" on Tuesday 10 November 2015.
Jeremy joined Travers Smith in 1993 and in 1994 became a partner. He specialises in advising on finance, restructuring and insolvency, in each case acting for financial institutions, private equity sponsors, investors, borrowers, pensions trustees, directors, insolvency practitioners and turnaround professionals. Jeremy is also a licensed insolvency practitioner.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
As part of the Faculty's 3CL Travers Smith Lunchtime Seminar Series, Jeremy Walsh of Travers Smith gave a lunchtime seminar entitled "UK Debt Restructuring Techniques" on Tuesday 10 November 2015.
Jeremy joined Travers Smith in 1993 and in 1994 became a partner. He specialises in advising on finance, restructuring and insolvency, in each case acting for financial institutions, private equity sponsors, investors, borrowers, pensions trustees, directors, insolvency practitioners and turnaround professionals. Jeremy is also a licensed insolvency practitioner.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Dr Colin Mackie of the University of Aberdeen gave an evening seminar entitled "A Reassessment of the Foundations of the Corporate Structure" on Tuesday 27 October 2015 at the Faculty of Law as a guest of 3CL (The Centre for Corporate and Commercial Law).
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Emilios Avgouleas, University of Edinburgh, gave a lecture entitled "The Future of Fractional Reserve Banking in Light of Recent Reforms: Is Jimmy Stewart Dead?" in discussion with Professor Eilis Ferran on Tuesday, 28 April 2015 at the Faculty of Law as a guest of 3CL.
Professor Emilios Avgouleas is the inaugural holder of the International Banking Law and Finance Chair at the University of Edinburgh, the Head of the Commercial Law Subject Area, and the director of the Edinburgh LLM in International Banking Law and Finance.
Reading:
- Emilios Avgouleas, 'Large Systemic Banks and Fractional Reserve Banking, Intractable Dilemmas in Search of Effective Solutions' Chapter in Arner, Avgouleas, Buckley (eds), Reconceptualizing Global Finance and its Regulation (Cambridge University Press, 2015) forthcoming;
- 'Critical Reflections on Bank Bail-ins', Emilios Avgouleas; Charles Goodhart (2015) 1 Journal of Financial Regulation 1;
- 'Excessive Leverage and Bankers' Pay: Governance and Financial Stability Costs of a Symbiotic Relationship', (2015) 21 Columbia Journal of European Law.
For the slides from this lecture, please see: http://www.law.cam.ac.uk/repo-documents/pdf/events/avgouleas_3CL_slides.pdf
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Professor Emilios Avgouleas, University of Edinburgh, gave a lecture entitled "The Future of Fractional Reserve Banking in Light of Recent Reforms: Is Jimmy Stewart Dead?" in discussion with Professor Eilis Ferran on Tuesday, 28 April 2015 at the Faculty of Law as a guest of 3CL.
Professor Emilios Avgouleas is the inaugural holder of the International Banking Law and Finance Chair at the University of Edinburgh, the Head of the Commercial Law Subject Area, and the director of the Edinburgh LLM in International Banking Law and Finance.
Reading:
- Emilios Avgouleas, 'Large Systemic Banks and Fractional Reserve Banking, Intractable Dilemmas in Search of Effective Solutions' Chapter in Arner, Avgouleas, Buckley (eds), Reconceptualizing Global Finance and its Regulation (Cambridge University Press, 2015) forthcoming;
- 'Critical Reflections on Bank Bail-ins', Emilios Avgouleas; Charles Goodhart (2015) 1 Journal of Financial Regulation 1;
- 'Excessive Leverage and Bankers' Pay: Governance and Financial Stability Costs of a Symbiotic Relationship', (2015) 21 Columbia Journal of European Law.
For the slides from this lecture, please see: http://www.law.cam.ac.uk/repo-documents/pdf/events/avgouleas_3CL_slides.pdf
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Dr Roger Barker, Head of Corporate Governance, Institute of Directors gave an evening seminar entitled "Short-termism in UK public companies – implications, evidence and policy options" on Tuesday 24 February 2015 at the Faculty of Law as a guest of 3CL (The Centre for Corporate and Commercial Law).
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Dr Roger Barker, Head of Corporate Governance, Institute of Directors gave an evening seminar entitled "Short-termism in UK public companies – implications, evidence and policy options" on Tuesday 24 February 2015 at the Faculty of Law as a guest of 3CL (The Centre for Corporate and Commercial Law).
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Marc Moore, Reader in Corporate Law at University of Cambridge, gave a seminar entitled "Rationalising CEO-Worker Pay Equity" on Wednesday, 19 February 2015 at the Faculty of Law.
Marc's interests are in company law, corporate governance and capital markets, especially theory of the firm and the legitimacy of managerial decision-making power in public companies.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/, and the Cambridge Private Law Centre website at http://www.privatelaw.law.cam.ac.uk/
Professor Irene Lynch-Fannon of the University College Cork, gave a seminar entitled "From Genius to Quackery: Corporate Law Theory and Boards" on Wednesday 4 February 2015 at the Faculty of Law as a guest of 3CL.
Professor Lynch-Fannon has published extensively in the areas of Corporate Insolvency Law, Corporate Governance and Employment Law. In 2012 she published the second edition of Corporate Insolvency and Rescue which is co-authored with Gerard Murphy BL (Bloomsbury Professional, Dublin, 2012). In addition to commenting on current matters related to corporate and personal insolvency Professor Lynch Fannon maintains an interest in comparative corporate governance and regulation following the publication of her book Working Within Two Kinds of Capitalism (Hart Publications, Oxford and Portland Oregon).
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Irene Lynch-Fannon of the University College Cork, gave a seminar entitled "From Genius to Quackery: Corporate Law Theory and Boards" on Wednesday 4 February 2015 at the Faculty of Law as a guest of 3CL.
Professor Lynch-Fannon has published extensively in the areas of Corporate Insolvency Law, Corporate Governance and Employment Law. In 2012 she published the second edition of Corporate Insolvency and Rescue which is co-authored with Gerard Murphy BL (Bloomsbury Professional, Dublin, 2012). In addition to commenting on current matters related to corporate and personal insolvency Professor Lynch Fannon maintains an interest in comparative corporate governance and regulation following the publication of her book Working Within Two Kinds of Capitalism (Hart Publications, Oxford and Portland Oregon).
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Andrew McKnight, senior banking lawyer, gave a lecture entitled "Ethics in Business and in Finance: A Legal Practitioner’s View" on 4 March 2014 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Andrew McKnight, senior banking lawyer, gave a lecture entitled "Ethics in Business and in Finance: A Legal Practitioner’s View" on 4 March 2014 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Andrew McKnight, senior banking lawyer, gave a series of lectures entitled "An introduction to concepts of insolvency and security: an English perspective" on 4 March 2014 at the Faculty of Law as a guest of 3CL.
This is the second of two lectures.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Andrew McKnight, senior banking lawyer, gave a series of lectures entitled "An introduction to concepts of insolvency and security: an English perspective" on 4 March 2014 at the Faculty of Law as a guest of 3CL.
This is the first of two lectures.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Stephen Deyner, formerly Head of Global Markets at Allen & Overy and now International Head at The Law Society, gave a lecture entitled "The Globalisation of the Market for Business Law Services – Implications for Practitioners and Academics" on Monday 10 March 2014 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Stephen Deyner, formerly Head of Global Markets at Allen & Overy and now International Head at The Law Society, gave a lecture entitled "The Globalisation of the Market for Business Law Services – Implications for Practitioners and Academics" on Monday 10 March 2014 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Richard Calnan, Partner at Norton Rose Fulbright, gave a lecture entitled "Secured Transactions Reform" on Monday 10 March 2014 at the Faculty of Law as a guest of 3CL.
Richard Calnan is a partner in the Banking Department, focusing on banking, security and insolvency. He joined Norton Rose in 1975, qualifying as a solicitor in 1977. Apart from three years teaching law in the early 1980s, the whole of his professional life has been spent at the practice.
His practice covers a broad range of banking and insolvency work, from the financing of corporate transactions, through restructurings and rescues, to administrations, receiverships and liquidations. He has had a lot of experience of restructurings, acting either for the company or the shareholders, as well as of formal insolvency proceedings, particularly administration.
He has an LLB and an LLM from University College London. He is a member of the City of London Law Society’s Financial Law Committee and he is a Visiting Professor at University College London.
He writes extensively on banking, security and insolvency and contractual matters. In addition to articles and chapters in books, he is the author of Taking Security: Law and Practice (third edition, Jordans, 2013), Proprietary Rights and Insolvency (Oxford University Press, 2010) and Principles of Contractual Interpretation (Oxford University Press 2013).
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Andrew McKnight, senior banking lawyer, gave a series of lectures entitled "An introduction to concepts of insolvency and security: an English perspective" on 4 March 2014 at the Faculty of Law as a guest of 3CL.
This is the second of two lectures.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Andrew McKnight, senior banking lawyer, gave a series of lectures entitled "An introduction to concepts of insolvency and security: an English perspective" on 4 March 2014 at the Faculty of Law as a guest of 3CL.
This is the first of two lectures.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
As part of the Faculty's Centre for Corporate Law (3CL) Seminar programme, Professor Alan Dignam (Queen Mary University) gave a lunchtime lecture entitled "The Empirics of British Corporate Disregard" on Tuesday 12 November 2013.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
As part of the Faculty's Centre for Corporate Law (3CL) Seminar programme, Professor Alan Dignam (Queen Mary University) gave a lunchtime lecture entitled "The Empirics of British Corporate Disregard" on Tuesday 12 November 2013.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Professor Robert Jackson, Columbia University Law School gave an evening seminar entitled "Executive Retirement Pay and Incentives" on Friday 31st May 2013 at the Faculty of Law as a guest of 3CL (The Centre for Corporate and Commercial Law).
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Dr Felix Steffek of the Max Planck Institute for Comparative and International Private Law, gave a lecture entitled "One for All and All for One? Principles and Reform of Corporate Group Insolvency Law in the European Union" on Friday, 8th March 2013 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Dr Felix Steffek of the Max Planck Institute for Comparative and International Private Law, gave a lecture entitled "One for All and All for One? Principles and Reform of Corporate Group Insolvency Law in the European Union" on Friday, 8th March 2013 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Professor Stefan Grundmann of Humboldt University, European University Institute, a Herbert Smith visitor, gave a lecture entitled "New Perspectives of a Regulation of Corporate Group Relationships" on Wednesday, 27th February 2013 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Professor Geoffrey Shields, Dean of Vermont Law School from 2004 to mid-2012 and a Herbert Smith visitor to the Law Faculty, gave a Centre for Corporate and Commercial Law (3CL) lunchtime talk on Friday 19 October 2012 on the practice of corporate law in US law firms, with particular reference to the hiring of overseas lawyers. He also discussed how those with corporate-related Masters' credentials might secure entry into investment banking, venture capital, government positions and teaching jobs.
Professor Shields is uniquely well positioned to provide law students with an "insider's" guide to opportunities in the US because before becoming Dean at Vermont he was a partner and chair of the Management Committee of Gardner Carton and Douglas, a major law firm based in Chicago and Washington DC. When in pratice Professor Shields specialized in legal issues relating to not-for-profit institutions, mergers and acquisitions, restructuring, finance, joint ventures, and related tax and securities matters.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Professor Geoffrey Shields, Dean of Vermont Law School from 2004 to mid-2012 and a Herbert Smith visitor to the Law Faculty, gave a Centre for Corporate and Commercial Law (3CL) lunchtime talk on Friday 19 October 2012 on the practice of corporate law in US law firms, with particular reference to the hiring of overseas lawyers. He also discussed how those with corporate-related Masters' credentials might secure entry into investment banking, venture capital, government positions and teaching jobs.
Professor Shields is uniquely well positioned to provide law students with an "insider's" guide to opportunities in the US because before becoming Dean at Vermont he was a partner and chair of the Management Committee of Gardner Carton and Douglas, a major law firm based in Chicago and Washington DC. When in pratice Professor Shields specialized in legal issues relating to not-for-profit institutions, mergers and acquisitions, restructuring, finance, joint ventures, and related tax and securities matters.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
As part of the Faculty's 3CL/Private Law Seminars, and sponsored by 3CL, Ed Murray, a partner at Allen & Overy, gave an evening lecture entitled "Did derivatives cause the financial crisis? A practising lawyer's perspective" on Monday, 13 February 2012.
Ed Murray is a senior member of the Allen & Overy team advising ISDA (International Swaps and Derivatives Association) as its principal global external counsel, and is Chairman of ISDA's Financial Law Reform Committee, which co-ordinates ISDA's lobbying efforts with international organisations, European institutions and national authorities on financial law reform matters.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
As part of the Faculty's 3CL/Private Law Seminars, and sponsored by 3CL, Ed Murray, a partner at Allen & Overy, gave an evening lecture entitled "Did derivatives cause the financial crisis? A practising lawyer's perspective" on Monday, 13 February 2012.
Ed Murray is a senior member of the Allen & Overy team advising ISDA (International Swaps and Derivatives Association) as its principal global external counsel, and is Chairman of ISDA's Financial Law Reform Committee, which co-ordinates ISDA's lobbying efforts with international organisations, European institutions and national authorities on financial law reform matters.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
This entry provides an audio source for iTunes U.
Professor Cynthia Hawes of the University of Canterbury gave a lunchtime seminar entitled "Reversionary Interests in Goods" on Monday 14th November 2011 at the Faculty of Law as a guest of 3CL.
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Mark Leeming SC of the New South Wales Bar, and Challis Lecturer in Equity at the University of Sydney gave a lunchtime seminar entitled "Confidential information - same problems, different resolutions in the United Kingdom and Australia" on Monday 3rd October 2011 at the Faculty of Law as a guest of 3CL (the Centre for Corporate and Commercial Law) and CIPIL (the Centre for Intellectual Property and Information Law).
For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/