Unpublished Papers
Compensating Market Value Losses: Rethinking the Theory of Damages in a Market Economy, ExpressO (2011)
The BP Gulf oil spill and the Toyota car recalls have highlighted an important legal...
Marginalizing Risk, ExpressO (2011)
A major focus of finance is reducing risk on investments, a goal commonly achieved by...
The Conundrum of Covered Bonds, ExpressO (2010)
Covered bonds, which have been part of European finance since the time of Frederick the...
Disintermediating Avarice: A Legal Framework for Commercially Sustainable Microfinance, ExpressO (2010)
Although microfinance has emerged as a key tool to alleviate poverty, the need for microfinance...
Distorting Legal Principles, ExpressO (2010)
This article explores the important but until now largely neglected problem of distorting legal principles....
Complexity as a Catalyst of Market Failure', ExpressO (2009)
This article examines how the complexities of modern financial markets and investment securities can trigger...
Complexity as a Catalyst of Market Failure, ExpressO (2009)
This article examines how the complexities of modern financial markets and investment securities can trigger...
Complexity as a Catalyst of Market Failure: A Law and Engineering Inquiry, ExpressO (2008)
This article examines how the complexities of modern investment securities and the assets underlying them...
Complexity as a Catalyst of Market Failure: A Law and Engineering Inquiry, ExpressO (2008)
This article examines how the complexities of modern investment securities and the assets underlying them...
Complexity as a Catalyst of Market Failure: A Law and Engineering Inquiry, ExpressO (2008)
This article examines how the complexities of modern investment securities and the assets underlying them...
Protecting Financial Markets: Lessons from the Subprime Mortgage Meltdown, ExpressO (2008)
Why did the recent subprime mortgage meltdown undermine financial market stability notwithstanding the protections provided...
Systemic Risk, ExpressO (2008)
Governments and international organizations worry increasingly about systemic risk, under which the world’s financial system...
Systemic Risk, ExpressO (2007)
This article is the first major work of legal scholarship on systemic risk, under which...
BOND DEFAULTS AND THE DILEMMA OF THE INDENTURE TRUSTEE (with Gregory M. Sergi), ExpressO (2007)
This article, attached for your review, rethinks the standard of care for trustees of public...
To Make or to Buy: In-House Lawyering and Value Creation, ExpressO (2007)
In recent years, companies have been shifting much of their transactional legal work from outside...
To Make or to Buy: In-House Lawyering and Value Creation, ExpressO (2007)
In recent years, companies have been shifting much of their transactional legal work from outside...