This book explores the legal issues concerning groups of companies including regulation at national, international and global level. It offers a comparative discussion of the way in which issues common to the regulation of groups have been approached in the UK, in the European Union, in other member states of the union, in the United States and, where helpful, in other countries including the emergent economies of eastern European states. The author highlights the often tragic consequences of globalization by transnationals including polarization of income and environmental damage.

Under English law it is possible to secure credit on almost any asset, but the law is widely considered to be unsatisfactory. Gerard McCormack examines English law and highlights its weaknesses. He uses Article 9 of the American Uniform Commercial Code as a reference point for reform. This Article has successfully serviced the world's largest economy for over 40 years and is increasingly used as the basis for legislation by Commonwealth jurisdictions--including Canada and New Zealand.

Seeking reasons for international trading regimes not meeting poverty reduction goals, this book focuses on the role of corporations within the trading system, and the complex relationships between corporations, nation states and international organizations. The actions of corporations and their underlying motives are considered as well as the structure of the international trading system and globalization.

The importance of disclosure as a regulatory device in company law is widely recognized. This book explores the disclosure requirements of companies in their reporting activities, and seeks to bring together the main features of the reporting system. The book considers the theoretical basis of the corporate reporting system and describes the regulatory framework for that system. It explores financial reporting and 'narrative' reporting, highlighting the fact that financial reporting requirements are more substantially developed than narrative reporting requirements - a consequence of the...

This second volume of Developments in European Company Law, published under the auspices of the Institute of Advanced Legal Studies' Centre for Corporate Law and Practice, focuses on the quest for a legal form for small businesses. The debate as to whether the traditional registered company, perhaps with some modification, is an appropriate vehicle for small enterprises has continued in Britain, and to a lesser extent in Europe, for well over thirty years. The imperative behind reform in this area of the law in many cases will be political and this is perhaps most dramatically...