Harvard Business Law Review (HBLR)

The Harvard Business Law Review (HBLR) aims to be the premier journal covering the laws of business organization and capital markets. HBLR will publish articles from professors, practitioners, and policymakers on corporate law and governance, securities and capital markets law, financial regulation and financial institutions, law and finance, financial distress and bankruptcy, and related subjects.

Volume 2

Restructuring Sovereign Debt Under Local Law: Are Retrofit Collective Action Clauses Expropriatory?

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Download PDF Melissa A. Boudreau* The European sovereign debt crisis has generated a number of controversial restructuring proposals that would have seemed appropriate only for emerging markets just a few years ago, but now are among the few options available to sustain the … [Read more...] about Restructuring Sovereign Debt Under Local Law: Are Retrofit Collective Action Clauses Expropriatory?

Capturing Time in Financial Statements

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Download PDF George M. Williams jr* The Dodd-Frank Wall Street Reform and Consumer Protection Act[1] applies a number of heightened standards to bank holding companies with consolidated assets of $50 billion or more and to nonbank financial companies that have been … [Read more...] about Capturing Time in Financial Statements

Comments on Seasoning of Reverse Merger Companies Before Uplisting to National Securities Exchanges

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Download PDF David N. Feldman* Introduction Blockbuster Entertainment, Occidental Petroleum, Turner Broadcasting, Tandy Corp. (Radio Shack), Texas Instruments, Jamba Juice, and Berkshire Hathaway are just a few well-known companies that went public through a "reverse … [Read more...] about Comments on Seasoning of Reverse Merger Companies Before Uplisting to National Securities Exchanges

Economic Crises and Emergency Powers in Europe

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Download PDF Ragnhildur Helgadóttir* 1.  Introduction This article discusses the state reactions to financial crises from the point of view of domestic constitutional law and the main international obligations of European countries. State reactions in such circumstances … [Read more...] about Economic Crises and Emergency Powers in Europe

What is the Practical Importance of Default Rules under Delaware LLC and LP Law?

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Download PDF Mohsen Manesh* Despite much academic debate, it is now well settled that in Delaware at least, corporate law differs from unincorporated alternative entity law in one fundamental respect. Under Delaware corporate law, fiduciary duties are mandatory. These … [Read more...] about What is the Practical Importance of Default Rules under Delaware LLC and LP Law?