Eilis Ferran - Principles of Corporate Finance Law

Principles Of Corporate Finance Law

Second Edition

Eils Ferran
and
Look Chan Ho

Great Clarendon Street, Oxford, OX2 6DP,
United Kingdom

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E Ferran and L C Ho 2014

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Second edition published in 2014
Impression: 1

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In the period since the previous edition, the financial markets have experienced an unprecedented degree of strain. Whilst banks and other financial institutions have been at the eye of the storm, their problems have had repercussions for the financing of the ordinary commercial companies as well. Deficiencies in the legal and regulatory framework governing corporate finance have been exposed, leading to a multiplicity of private lawsuits and to wide-ranging regulatory reforms.

In other words, there has been much to do in producing this new edition. I am especially grateful to my co-author Look Chan Ho for coming on board and taking responsibility for . I am also grateful to numerous Cambridge LLM Corporate Finance students for their feedback on draft chapters, and to Demetrio Maltese (LLM, 2012-13) for specific research assistance. I would like also to record my gratitude to the trustees of the JM Keynes Fellowship in Financial Economics, Cambridge University, for funding to support the research.

The manuscript was delivered to the publishers in August 2013 and reflects our knowledge and understanding of the law, regulation and practice at that time. We have been able, however, to include brief references to significant developments that occurred during the period between delivery of the manuscript and the final proofs.

The professionalism and dedication of the editors and others at OUP have been much appreciated.

EVF,
November 2013

The law and practice of debt finance respond to and thus develop from financial crisis. Two financial crises this book has now spanned. The original version of the book, entitled Company Law and Corporate Finance, was published just after the Asian financial crisis, and this edition is to be published when the world economy is beginning to recover from the global economic crisis.

As an admirer of the book since its inception as Company Law and Corporate Finance, I am delighted to be able to contribute to two chapters in the book relating to debt financing.

I am most grateful to Professor Ferran for all her kindness and echo her comments about OUP.

Look Chan Ho
London
November 2013