by David Schwartz J.D. CPA | Aug 19, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
The different approaches to the interpretation of MiFID I across Member States mean that there is no commonly-adopted application of the definition of derivative or derivative contract in the EU for some asset classes. Whilst this issue has in the past been noted as a...
by David Schwartz J.D. CPA | Aug 13, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
“Inverted corporations take advantage of all the things American tax dollars provide—from tax credits for research and development, investments in transportation infrastructure, and strong patent and copyright protections, to profiting from taxpayer-supported programs...
by David Schwartz J.D. CPA | Jul 22, 2014 | All, Change Overview and Rationale, Lender Directed Voting
In the United Kingdom, corporate acquisition deals larger than 25% in relative size are subject to a mandatory shareholder vote, while in most of continental Europe there is no vote, and in Delaware voting is largely discretionary. In a new paper by Marco Becht,...
by David Schwartz J.D. CPA | Jul 21, 2014 | All
It is often said that good corporate governance helps reduce a company’s investment risk, ensures the effective deployment of shareholder capital, and ultimately contributes to the long-term performance of public companies. . . On the other hand, the absence of a...
by David Schwartz J.D. CPA | Jun 29, 2014 | All, Change Overview and Rationale, Commentary
In their 84th Annual Report, the Bank for International Settlements examines the current state of global financial affairs and highlights some trends it sees emerging in the financial framework. While noting that the overall financial system has has gained some...
