Description
Book SynopsisThe third edition of this acclaimed book continues to provide a discussion of key theoretical and policy issues in corporate finance law. It has been fully updated to reflect developments in the law and the markets. One of the book’s distinctive features is its equal coverage of both the equity and debt sides of corporate finance law, and it seeks, where possible, to compare and contrast the two. This book covers a broad range of topics regarding the debt and equity-raising choices of companies of all sizes, from SMEs to the largest publicly traded enterprises, and the mechanisms by which those providing capital are protected. Each chapter provides a critical analysis of the present law to enable the reader to understand the difficulties, risks and tensions in this area, and the attempts by the legislature, regulators and the courts, as well as the parties involved, to deal with them. The book will be of interest to practitioners, academics and students engaged in the practice and study of corporate finance law.
Trade ReviewAn invaluable and leading guide to corporate finance law … The book is infused with useful insights and deserves to be on the bookshelves of corporate finance practitioners, academics teaching and researching in this area of law, and advanced students (at Honours and LLM levels and beyond), all of whom will derive considerable value from reading its contents. -- Alisdair MacPherson, University of Aberdeen * Edinburgh Law Review *
An excellent text. It should be the default textbook for any corporate finance law course. -- Bruce Wardhaugh * Durham University *
This new edition provides up to the minute law, theory and practice financial law information that is directly on point for the students in our LLM course for 2022. -- Dr Janice Denoncourt * Nottingham Trent University *
This book is excellent. Provides a structured overview of the topic while engaging in outstanding academic rigour. -- Laura Rodes Saldana * Birmingham City University *
Table of ContentsSUMMARY CONTENTS 1. Introduction 2. Overview of Financing Options 3. Th e Relationship between Equity and Debt 4. Issuing Shares 5. Legal Capital 6. Creditor Protection: Contractual 7. Creditor Protection: Proprietary 8. Multiple Lenders 9. Transferred Debt 10. Public Offers of Shares 11. Ongoing Regulation of the Capital Markets: Mandatory Disclosure 12. Ongoing Regulation of the Capital Markets: Market Misconduct 13. Regulation of Debt 14. Takeovers 15. Schemes of Arrangement 16. Private Equity
