This article argues that the enforcement in England in Re New Cap Reinsurance Corporation of an Australian monetary judgment rendered under Australian insolvency law does not sit easily with the Foreign Judgments (Reciprocal Enforcement) Act 1933. This is because the Foreign Judgments...

In “Race, Attorney Influence, and Bankruptcy Chapter Choice,” which appeared in the Journal of Empirical Legal Studies, we reported on two studies. The first study used real-world bankruptcy data and documented a large racial disparity in bankruptcy chapter choice. Even after controlling for...

This article examines the doctrinal and constitutional dilemmas created when a religious organization goes into bankruptcy, through the lens of the Chapter 11 reorganizations recently commenced by Catholic dioceses in Oregon, Washington and Arizona. The doctrinal dilemma in these cases forces...

Legal scholars often classify countries into ‘legal families’. The research on ‘legal origins’ refers to this literature; yet, it then goes further as it uses distinct categories into which each country’s law is allocated in quantitative studies. Today, this line of research, which goes...

To help countries make progress on the United Nations Sustainable Development Goal (SDG) Indicator 8.3.1 ("Proportion of informal employment in non-agriculture employment, by sex"), this paper presents an integrated strategic policy approach. This is where: a national government facilitates the...

This paper evaluates critically whether the cross-national variations in the size of the informal economy are the result of: under-development (a modernisation perspective); high taxes, corruption and state interference (neo-liberal perspective), or inadequate state intervention to protect...

How important is social capital for a market economy and what effect does government intervention have on social capital? By looking at how the market is embedded within an institutional framework that depends on certain norms, government intervention can distort certain signals and destroy the...

Recent history in banking reveals a series of unauthorized acting in concert events between traders, their supervisors, and/or firm's decision makers and executives, resulting in collusive rogue trading. I explore organizational misbehaviour theory and explain one major collusive rogue trading...

Hayek's The Road to Serfdom has been interpreted as a general warning against state intervention in the economy. We review this argument in conjunction with Hayek's later work and discern an institutional thesis about which forms of state intervention and economic institutions could threaten...