The recent innovation of new financial products, such as derivatives, hedge funds and other investments, has cause creators of financial products and portfolio managers alike to ask: ‘W...

Can you imagine the reaction the first time a lender said, “Hey, let’s lend large sums of money to a bankrupt company!”? As it turns out, lending to a debtor in possession can be a ...

We will not pretend that US disclosure standards are easy. It is the primary argument of this article, however, that they are not as difficult or impractical as many fear. By the beginnin...