Sally Ramage is an established writer of legal books, articles and academic papers on the subject of serious financial fraud. This is Book 3 in her Fraud Law Series, the first being "SERIOUS FRAUD AND CURRENT ISSUES," the second being "FRAUD AND THE SERIOUS FRAUD OFFICE."

This third book concentrates on serious corporate fraud in the United Kingdom. Ms Ramage thinks that it is imperative that, to detect corporate fraud, one must have a good understanding of the company law of the country in which the fraud takes place. So her Book 3 "Fraud Law" will teach you UK COMPANY LAW in a simple, easy to understand way. It then illustrates the breaches of the law with Serious Fraud Office prosecutions. The cases are a startling reminder that this very serious subject is more disturbing as it reveals that it is the professionals, solicitors, accountants and senior executives, who perpetrate such clever, cunning and unscrupulous deeds.

The author would appreciate feedback and if you find this book useful and if you would like her to write similar volumes for other countries, please put forward your suggestions to her.

Principles of Contemporary Corporate Governance aims at providing a concise presentation of key topics and emerging themes in corporate governance. The text provides both law and business students, as well as practitioners of law and management, with an easy-to-follow explanation and analysis of key corporate governance principles. The book consists of five different parts: Part One introduces the reader to the meaning of the concept 'corporate governance'; Part Two focuses on corporate governance in Australia; Part Three discusses board and committee structures and risk management policies; auditors and audits; and an overview of directors' duties and liabilities; Part Four adds an international perspective to corporate governance (US, UK, Germany); Part Five deals with some policy issues and possible future developments and possible corporate governance trends.

In marked contrast to other regimes that have, virtually overnight, abandoned state control of enterprises and espoused Western models of corporate governance, China has pursued a gradual transition suited to its own unique traditions, culture, and customs. Although this new corporate system is still evolving, it is clear that China is now ready for a nation-wide movement of corporatisation and reform. "Comparative Corporate Governance draws on the entire corpus of corporate governance theory, both East and West, and also on the experience of many countries since the 1930s, to develop a coherent model appropriate for China. In the process the author shows how various corporate mechanisms have been tentatively introduced into China's state-owned enterprises and how such experimentation has, piece by piece, provided a firm basis for a modern enterprise system. How to build an efficient and culturally appropriate governance system, both in law and in practice, on this foundation is the focus of this book. The analysis is notable for its insistence that, for a corporate governance system to work, the principles and practicalities of that system must be derived from customary cultural norms. Experience shows that imported models, although they may be enshrined in law, lead to economic Stagnation unless actual practice is monitored and reformed and the laws change to reflect these necessary adjustments. Thus the model proposed here begins with the Company Law of 1994, and, proceeds to show how practical experience is already providing valuable data for the task of improving the law. This process, by which law and business practice continue to "regulate" each other, is, in the author's view,the essential ingredient of a successful corporate system. The author's approach is fundamentally comparative. He discusses and analyses models that have either created globally powerful corporate economies or carried out reforms that have brought new insights to corporate development. In this connection he examines the law and experience of the UK, the USA, Germany, and Japan, as well as Chinese communities overseas and some former British Commonwealth countries. This remarkable book is of inestimable value to practitioners and academics in the field of international economic law. In addition, its often startling perspectives on the accepted models of corporate governance are sure to spark a reassessment of the nature of corporations and their role in social and economic life.

The search for an ethical foundation for corporate behaviour has been a powerful theme of scholarship in company law since the middle of the last century. In an era of social democracy the search has intensified, fuelled by the demise of the new right both in economic and social terms. The author of this path-breaking and provocative work argues that third way politics offers a means of identifying that foundation by emphasizing the need for social co-operation and partnership through shared agendas rather than regulatory pressure. In contrast to many contemporary "globalization" theorists the author argues that corporations are in fact profoundly concerned with national political and social agendas rather than global ones. The reasons for the demise of the new right are intimately connected with the position of corporations within civil society. Corporations have little choice but to become involved with third way politics and its accompanying social agendas. These ideas are traced through into a blueprint for corporate behaviour which looks at Aristotelian ethics as a way of creating a position for the corporation which permits the goal of profit to be placed alongside others such as community participation. These goals, it is argued, can be achieved through an ethics of care approach.

Every day the economic importance of national boundaries diminishes. The globalisation of world markets is proceeding with ever-increasing speed, stimulated by developments like the introduction of the single European currency, and even the smallest transactions frequently now include a cross-border element. Business executives and their advisers participating in a transaction need a clear and concise framework of understanding, which will enable them to identify the critical issues likely to affect the course of the deal and to formulate the questions on which detailed advice will be needed. This text provides a one-stop guide to the practical issues involved for this jurisdiction. The following key topics are addressed: cultural aspects; regulatory framework; common financing methods; antitrust/competition aspects; taxation aspects; employment considerations; procedural formalities; accounting treatment of acquisitions and mergers; future developments. Professional advisers involved in merger and acquisition activity in Switzerland, including bankers, independent lawyers or in-house counsel, tax consultants, accountants, public relations advisers, and actuaries, will find this book a useful and reliable source of practical reference and information. This volume originally appeared as a country report in the loose-leaf work "Corporate Acquisitions and Mergers" edited by Peter Begg.

Written by the current professor of Commercial Law at Makerere University, this book provides the first comprehensive discussion on company law in Uganda. He considers the nature and implications of incorperations, formation and company promotion, Memorandum and Articles of Association and their significance. It discusses corporate finance through the allotment of shares and analyses debentures and borrowing by the company. It also examines the role of corperate directors and other officials and their capacity to bind the company. In addition the book considers corperate official responsibility in the context of the accounting audit, duties of directors and their enforcement. It concludes with a discussion of meetings and proceedings, reconstruction and amalgamation, and winding up of the registered company.

This work provides a critical commentary on the OECD Report on Partnerships, which was published in 1999. This report is the first comprehensive analysis of the tax treatment of partnerships and potentially, the subject of extensive discussion among tax practitioners and academics in the years to come. The OECD Committee has put forward a set of general principles based on a detailed analysis of practical examples. This book summarizes these principles and examines the validity of the premises from which the principles were derived. The critical analysis and in-depth study of practical problems offered here should be of significant value to practitioners and researchers dealing with this complex subject matter.

"Regulatory Encounters" reports on a path-breaking study of how government regulation of business in the United States differs in practice from regulation in other economically advanced democracies.
In each of ten in-depth case studies, the contributors to this volume compare a particular multinational corporation's experience with parallel regulatory regimes in the United States and in Japan, Canada, Great Britain, Germany, The Netherlands, and the European Union, noting precisely which regulatory precautions were actually implemented in each country. The regulatory systems analyzed include aspects of environmental protection, product safety, debt collection, employees' rights, and patent protection. The studies in "Regulatory Encounters "indicate that the adversarial and legalistic character of American regulation imposes higher costs and delays on economic activity than comparable regulatory regimes in other economically advanced democracies, and often does not generate higher levels of protection for the public.

With a boom in merger and acquisition (M&A) activity and the increasing globalization of business, more and more M&A transactions are taking place across borders. According to the Securities Data Company, in 1998 more than US $672 billion in cross-border deals were announced, one in every four dollars of worldwide mergers and acquisitions, up dramatically from $393 billion in 1997 and $274 billion in 1996. This book aims to highlight the ways in which international mergers and acquisitions are very different from their domestic equivalent, to identify the common pitfalls and to provide a practical guide to negotiating successful international M and A. The key issues addressed include reconciling the tax and accounting systems and divergent merger legislation of different jurisdictions, resolving differences in corporate culture and governance, dealing with cross-border communications issues and confronting some of the basic logistical difficulties of an international transaction. In bringing together the contributions of expert investment bankers, corporate executives, lawyers, consultants, accountants and regulators with extensive experience in international M and A, the book provides an introduction to the challenges of cross-border deals.

The decision of the House of Lords in Salomon v. Salomon & Co., Ltd has had lasting influence on the development of modern company law. This one hundred year old decision articulated the founding propositions of company law, and is accordingly treated with reverence by academics and practitioners alike. The centenary of the case therefore affords a convenient opportunity to review these developments in company law. In doing so, the contributors to this volume range broadly across the modern approaches to company law and attempt to place key aspects of the subject in a theoretical and historical perspective and to lay bare the structural, theoretical, and policy issues which lie behind its day-to-day technicalities.

This guide to the merger control rules and procedures at both national and EU levels identifies whether a transaction will come under the UK or the EU system, who needs to be notified, when and how notifications need to be filed, and the various stages of the process. Account is taken of the legislative and interpretive measures introduced by the European Commission in December 1994 on the application of the EC Merger Regulation; as well as the UK statutory instruments enacted in March 1996 to amend merger control and competition rules, and recent developments involving mergers in the privatized utilities. Also included are the texts of the relevant UK and EU legislation.

Laws prohibiting unilateral anticompetitive conduct have been the subject of vigorous international debate for decades, as policymakers, antitrust scholars and agencies continue to disagree over how best to regulate the market conduct of a single firm with substantial market power. Katharine Kemp describes the controversy over Australia's misuse of market power laws in recent years, which mirrored the international debate in this sphere, and culminated in the fundamental reform of the misuse of market power prohibition under the Competition and Consumer Act 2010 (Cth) in 2017. Misuse of Market Power: Rationale and Reform explains Australia's new misuse of market power law, which adopts an 'effects-based test' for unilateral conduct, and makes a comparative analysis between Australian tests for unilateral anticompetitive conduct and tests from the US and the EU. This text also illuminates the frequently mentioned, but little understood, concept of 'purpose' and its role in framing unilateral conduct standards.

This is a study of the structure of American corporate law, which combines economic analysis with empirical insights to produce a number of policy insights. It is suitable for anyone studying corporate law, securities regulation, comparative company law or federalism.

As long as insider trading has existed, people have been fixated on it. Newspapers give it front page coverage. Cult movies romanticize it. Politicians make or break careers by pillorying, enforcing, and sometimes engaging in it. But, oddly, no one seems to know what's really wrong with insider trading, or - because Congress has never defined it - exactly what it is. This confluence of vehemence and confusion has led to a dysfunctional enforcement regime in the United States that runs counter to its stated goals of efficiency and fairness. In this illuminating book, John P. Anderson summarizes the current state of insider trading law in the US and around the globe. After engaging in a thorough analysis of the practice of insider trading from the normative standpoints of economic efficiency, moral right and wrong, and virtue theory, he offers concrete proposals for much-needed reform.

European Takeovers provides a complete guide to the European Takeover Directive, national M&A regulation and the interaction between domestic and pan-European regulation. It contains a detailed discussion of the fundamental principles of national and European law, its application and the various practical issues that companies and their advisers face as they plan, defend and execute takeovers. This third edition further explores the area following the partial harmonisation of takeover regulation within the European Union since the introduction of the European Takeover Directive and is an exhaustive reference source for anyone preparing, participating in and responding to takeover activity in the EU. Chapters have been fully updated with the latest regulations and case law in the featured jurisdictions, and new chapters have been added addressing key topics such as ESG and M&A and collusion. This title will prove to be an invaluable guide for practising professionals and academics studying this area of law. Written by leading legal and banking professionals, and academics from across Europe, European Takeovers will help you navigate national takeover legislation and its implementation, and discusses recent ground-breaking and controversial takeovers from across the Continent. Notable transactions examined include Akzo Nobel-PPG, Syngenta-ChemChina, Actelion-J&J, Celesio-McKesson, Abertis-ACS/Atlantia and SAB Miller-AB InBev.

Comparative Company Law provides a systematic and coherent exposition of company law across jurisdictions, augmented by extracts taken from key judgments, legislation, and scholarly works. It provides an overview of the legal framework of company law in the US, the UK, Germany, and France, as well as the legislative measures adopted by the EU and the relevant case law of the Court of Justice. The comparative analysis of legal frameworks is firmly grounded in legal history and legal and economic theory and bolstered by numerous extracts (including extracts in translation) that offer the reader an invaluable insight into how the law operates in context. The book is an essential guide to how company law cuts across borders, and how different jurisdictions shape the corporate lifespan from its formation by way of incorporation to its demise (corporate insolvency) and eventual dissolution. In addition, it offers an introduction to the nature of the corporation, the framework of EU company law, incorporation and corporate representation, agency problems in the firm, rights of stakeholders and shareholders, neutrality and defensive measures in corporate control transactions, legal capital, piercing the corporate veil, and corporate insolvency and restructuring law.

This book is an accessible and authoritative single-volume guide to antitrust law. It provides a complete and detailed framework for United States (US) antitrust laws and the cases which interpret them. It describes how the laws are enforced, and by whom, and introduces the reader to the practice of antitrust law. In covering these topics, the book cites and discusses a large volume of US Supreme Court decisions, as well as lower court decisions and secondary sources, in order to provide an understanding of the broad principles, statutory mandates, and statements of the regulatory agencies. It provides a succinct overview and history of US antitrust law and its enforcement. Summaries of the most important federal antitrust and related statutes are provided, as the primary sources and foundation upon which antitrust case law and enforcement are built. The book then offers a narrative discussion of the principles of US antitrust law as contained in the court decisions, statutes, and enforcement guidelines, with chapters organised according to the primary statutes. These chapters cover the provisions of the Sherman Act, including the outlawing of agreements in restraint of trade and monopolization; the Clayton Act's provisions against anticompetitive mergers, acquisitions, and joint ventures; the Hart-Scott-Rodino Act and the regulation of premerger notification and merger clearance processes; and the Robinson-Patman Act, which prohibits certain kinds of differential pricing. Finally, it describes and outlines the activities of the four groups responsible for enforcing US antitrust law. For those unfamiliar with the law of the US, the book also provides an overview of the federal and legal systems, including the judicial decision-making process, and outlines how a case progresses through the federal courts. This is an essential and accessible guide to US antitrust law, offering clear explanations and insightful analysis of this complex legal area.

As attention moves rapidly towards comparative approaches, the research and teaching of company law has somehow lagged behind. The overall purpose of this book is therefore to fill a gap in the literature by identifying whether conceptual differences between countries exist. Rather than concentrate on whether the institutional structure of the corporation varies across jurisdictions, the objective of this book will be pursued by focusing on specific cases and how different countries might treat each of these cases. The book also has a public policy dimension, because the existence or absence of differences may lead to the question of whether formal harmonisation of company law is necessary. The book covers 12 legal systems from different legal traditions and from different parts of the world (though with a special emphasis on European countries). In alphabetical order, those countries are: Finland, France, Germany, Italy, Japan, Latvia, the Netherlands, Poland, South Africa, Spain, the UK, and the US. All of these jurisdictions are subjected to scrutiny by deploying a comparative case-based study. On the basis of these case solutions, various conclusions are reached, some of which challenge established orthodoxies in the field of comparative company law.