Rationality in Company Law: Essays in Honour of DD Prentice

This collection of essays is a festschrift to honor Professor Dan Prentice who retires in 2008 from the Allen & Overy Professorship of Company Law at the University of Oxford. Dan Prentice has been deeply involved in corporate law from all perspectives — as a scholar, teacher, law reformer, and practicing member of Erskine Chambers. His interests have covered the full range of corporate law, finance, and insolvency. The occasion of his retirement has afforded a number of leading corporate law experts from around the world, many of whom are his former students and colleagues, an opportunity to address, in his honor, some of the most important issues in corporate law today. Corporate law has always been a fast-moving area, but the present pace of change seems quicker than ever. The UK's Companies Act 2006, by some way the longest piece of legislation ever passed by the Parliament, is reshaping the landscape of domestic company law. At the same time, legislative and judicial developments at the European level in corporate and securities law are of unprecedented importance for corporate lawyers based in the UK. This outstanding series of papers address a number of the most important issues currently facing the subject, including the impact of the new Companies Act on directors' duties, shareholder litigation, and capital maintenance; aspects of insolvency and banking regulation; the Capital Requirements Directive; and a new Convention on Intermediated securities.