The recent banking crises in Asia and Latin America have raised a question on the cost of banking crisis. The Asian crisis resulted in the virtual collapse of Indonesia's financial system. Most of the banks that dominated the system were pushed into insolvency, while the ratio of problem loans...

This article investigates the enforcement of mortgages in South Africa and England. The focus is specifically on the influence of human-rights housing principles in as far as these may require courts to conduct a proportionality enquiry whenever a legal process leads to the loss of a home. It...

This work is an abridged version of 82 Miss. L.J. (2013), which examines mass incarceration through a ritual studies perspective, paying explicit attention to the religious underpinnings. Conventional analyses of criminal punishment focus on the purpose of punishment in relation to legal or...

The tax-reform plan released by Speaker of the House Paul Ryan and House Ways and Means Committee Chairman Kevin Brady is intended to improve our corporate tax system by, among other things, taxing companies based on where they sell their goods, not where the business is located or where the...

This paper studies the deterrent effect of criminal enforcement on white-collar criminal activities. Using the 9/11 terrorist attacks as a shock to the FBI's allocation of investigative resources and priorities, and variations in the Muslim population in the United States as a measure of...

Superceded by WP 18-04 In the U.S., creditors often outsource the task of obtaining repayment from defaulting borrowers to third-party debt collection agencies. This paper argues that an important incentive for this is creditors' concerns about their reputations. Using a model along the lines of...

This article focuses on the critical importance to consumer protection of the “dynamic duo” of state and private enforcement mechanisms provided in state unfair and deceptive acts or practices (UDAP) statutes. The article begins by chronicling the origins of these state laws, rooted in a...

This article is the first detailed empirical study of banning orders made under legislation administered by the Australian Securities and Investments Commission (ASIC). This method of enforcement of corporate law has been little researched, yet it is arguably the dominant mode of corporate law...