3CL Travers Smith Seminar Series
3CL Travers Smith Seminar Series
Cambridge University
The Centre for Corporate and Commercial Law (3CL) at the Faculty of Law, University of Cambridge, was formally opened by Lord Mustill at the conclusion of its first conference on 'Shareholder's Rights and Remedies' (held on the 12 April 1997). The 3CL has links with similar institutions in universities around the world, and through the Faculty's Herbert Smith Visitor Programme, it is able from time to time to invite leading international corporate and securities lawyers to Cambridge. The 3CL is a member of Cambridge Finance which coordinates the programmes of research and study in all areas of finance across the University of Cambridge. 3CL is grateful to Travers Smith for the generous support of the Seminar Series. For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
'Responsible Algorithms: Guiding Principles for Automated Decision-Making in Commercial Transactions': 3CL/CPLC Seminar (audio)
Speaker: Professor Teresa Rodríguez de las Heras Ballell (University Carlos III of Madrid) Held jointly with the Cambridge Private Law Centre. Biography: Professor Rodriguez de las Heras Ballell is Professor of Commercial Law, Carlos III University of Madrid, Spain. She works extensively in the area of AI, the digital economy and fintech, and is a member of EU Expert Groups on Liability for AI and other emerging technologies, on the Platform Economy and on Model Contract Terms for B2B Data Sharing and Cloud Computing. She is also an expert at UNIDROIT and UNCITRAL in Working Groups on Enforcement (Technology), Warehouse Receipts and Digital Economy (AI for international trade, Data transactions, Online Platforms) and has been the Spanish Delegate to UNCITRAL WG VI on Security Interests and WG IV on E-Commerce (Projects on AI in international data and Data transactions), and to UNIDROIT for the MAC protocol to the Cape Town Convention. She is an active member of the European Law Institute, and has been involved in many ELI projects: as the author of “Guiding Principles on ADM in Europe”, (2022), as co-reporter to the Project on Algorithmic Contracts, as a member of the project on Model Rules for Online Platforms and as assessor to the project on Smart Contracts and Blockchain. Her main other research interests focus on international business transactions and secured transactions and corporate finance. 3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners. This entry provides an audio source for iTunes.
Nov 29, 2022
40 min
'Responsible Algorithms: Guiding Principles for Automated Decision-Making in Commercial Transactions': 3CL/CPLC Seminar
Speaker: Professor Teresa Rodríguez de las Heras Ballell (University Carlos III of Madrid) Held jointly with the Cambridge Private Law Centre. Biography: Professor Rodriguez de las Heras Ballell is Professor of Commercial Law, Carlos III University of Madrid, Spain. She works extensively in the area of AI, the digital economy and fintech, and is a member of EU Expert Groups on Liability for AI and other emerging technologies, on the Platform Economy and on Model Contract Terms for B2B Data Sharing and Cloud Computing. She is also an expert at UNIDROIT and UNCITRAL in Working Groups on Enforcement (Technology), Warehouse Receipts and Digital Economy (AI for international trade, Data transactions, Online Platforms) and has been the Spanish Delegate to UNCITRAL WG VI on Security Interests and WG IV on E-Commerce (Projects on AI in international data and Data transactions), and to UNIDROIT for the MAC protocol to the Cape Town Convention. She is an active member of the European Law Institute, and has been involved in many ELI projects: as the author of “Guiding Principles on ADM in Europe”, (2022), as co-reporter to the Project on Algorithmic Contracts, as a member of the project on Model Rules for Online Platforms and as assessor to the project on Smart Contracts and Blockchain. Her main other research interests focus on international business transactions and secured transactions and corporate finance. 3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners.
Nov 29, 2022
40 min
Video
'Sustainable Finance in Private Markets': 3CL Lecture (audio)
Speaker: Professor Simon Witney (Travers Smith, LSE) The EU and, more recently, the UK have introduced very significant new sustainable finance regulation in recent years, most notably the SFDR (Sustainable Finance Disclosure Regulation), the Green Taxonomy and mandatory TCFD (Taskforce on Climate-related Financial Disclosures) reporting. Simon will explain what these regulations are seeking to achieve, how they apply in private markets and assess whether they are achieving their objectives. Biography: Dr Simon Witney, Visiting Professor in Practice at LSE Law, is a practising lawyer who also teaches on the LLM programme at LSE Law. His doctoral thesis, completed at LSE in 2017, was on corporate governance in private equity-backed companies. Simon continues to research and write on corporate governance, company law and related topics. Simon is a Senior Consultant at London-based law firm, Travers Smith. 3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners. This entry provides an audio source for iTunes.
Nov 16, 2022
50 min
'Sustainable Finance in Private Markets': 3CL Lecture
Speaker: Professor Simon Witney (Travers Smith, LSE) The EU and, more recently, the UK have introduced very significant new sustainable finance regulation in recent years, most notably the SFDR (Sustainable Finance Disclosure Regulation), the Green Taxonomy and mandatory TCFD (Taskforce on Climate-related Financial Disclosures) reporting. Simon will explain what these regulations are seeking to achieve, how they apply in private markets and assess whether they are achieving their objectives. Biography: Dr Simon Witney, Visiting Professor in Practice at LSE Law, is a practising lawyer who also teaches on the LLM programme at LSE Law. His doctoral thesis, completed at LSE in 2017, was on corporate governance in private equity-backed companies. Simon continues to research and write on corporate governance, company law and related topics. Simon is a Senior Consultant at London-based law firm, Travers Smith. 3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners.
Nov 16, 2022
50 min
Video
'Venture Capital and European Corporate Laws: Bargaining in the Shadow of Regulatory Constraints': 3CL Travers Smith Seminar (audio)
Speaker: Professor Luca Enriques (University of Oxford) Biography: Luca Enriques is the Professor of Corporate Law at the University of Oxford Faculty of Law, a Research Fellow at the European Corporate Governance Institute (where he also chairs the Research Committee and is a member of the board) and a Fellow Academic Member of the European Banking Institute (where he also co-chairs the Fintech Working Group). He has published widely in the fields of comparative corporate law, securities regulation and banking law. He has held visiting positions, among others, at Harvard Law School (as Nomura Professor of International Financial Systems in 2012-13), IDC Herzliya, the University of Cambridge Faculty of Law and Sydney Law School. Between 2007 and 2012 he was a commissioner at Consob, the Italian securities market authority. Before joining the Oxford Faculty of Law, he was Professor of Law at the University of Bologna (2002-07) and at LUISS Guido Carli University in Rome (2013-14), and a consultant to Cleary, Gottlieb, Steen & Hamilton (2003-07). He has also advised the Italian Ministry of the Economy and Finance on corporate and financial markets policy issues throughout the years. He holds a Degree in law at the University of Bologna, an LLM at Harvard Law School and a Doctorate in Business Law at Bocconi University in Milan. 3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners. For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/ This entry provides an audio source for iTunes.
Oct 11, 2022
34 min
'Venture Capital and European Corporate Laws: Bargaining in the Shadow of Regulatory Constraints': 3CL Travers Smith Seminar
Speaker: Professor Luca Enriques (University of Oxford) Biography: Luca Enriques is the Professor of Corporate Law at the University of Oxford Faculty of Law, a Research Fellow at the European Corporate Governance Institute (where he also chairs the Research Committee and is a member of the board) and a Fellow Academic Member of the European Banking Institute (where he also co-chairs the Fintech Working Group). He has published widely in the fields of comparative corporate law, securities regulation and banking law. He has held visiting positions, among others, at Harvard Law School (as Nomura Professor of International Financial Systems in 2012-13), IDC Herzliya, the University of Cambridge Faculty of Law and Sydney Law School. Between 2007 and 2012 he was a commissioner at Consob, the Italian securities market authority. Before joining the Oxford Faculty of Law, he was Professor of Law at the University of Bologna (2002-07) and at LUISS Guido Carli University in Rome (2013-14), and a consultant to Cleary, Gottlieb, Steen & Hamilton (2003-07). He has also advised the Italian Ministry of the Economy and Finance on corporate and financial markets policy issues throughout the years. He holds a Degree in law at the University of Bologna, an LLM at Harvard Law School and a Doctorate in Business Law at Bocconi University in Milan. 3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners. For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Oct 11, 2022
34 min
Video
3CL Seminar: 'Artificial Intelligence and dispute resolution: challenges and limitations'
Speaker: Professor Alberto Saiz Garitaonandia (University of the Basque Country) Among some other problems, due to court congestion and case backlog, many judicial systems are seen as slow and unable to offer a response to the citizen´s demands in a reasonable time. The limitations and restrictions implemented by the different governments during the Covid 19 pandemic crisis have exacerbated the previous concern, but at the same time has shown how new technologies, such as videoconferencing, can be introduced and play an important role in the traditionally conservative area of Justice. In this context, the rapid improvement of the artificial intelligence (AI) in the last few years and its extensive use in some transcendent spheres of our lives makes us wonder how we could integrate such a technology in the area of justice, supporting or, even more, substituting a judge. In fact, a certain amount of studies using machine learning has achieved a significant level of accuracy predicting judicial outcomes. However, problems such as bias and lack of transparency may limit the deployment of AI in the judiciary. In any case, if it wants to preserve its legitimacy the judiciary must adapt itself to the new times and technologies used by the society it is serving. As some commentators have stated, we should not see the court as a place, but as a service that may be provided in different ways. About the speaker: Alberto Saiz Garitaonandia is currently a Professor of Procedural Law at the University of the Basque Country. Prof. Saiz Garitaonandia served as Director of the Basque Government Legal Department - Solicitor General (2013-2020). He was awarded a Visiting Fellowship in Clare Hall College at the University of Cambridge for the academic year 2021-2022 where, invited by the Centre for Corporate and Commercial Law (3CL), he is researching in the area of artificial intelligence applied to dispute resolution. He has been Visiting Professor and Researcher at Stanford University, Georgetown University, American University, Florida International University and University of Nevada (USA). He is the author of several books and articles and has served as a member of the Executive Board of the European Society of Criminology (2011-2013), directing its Annual Conference in 2012. His areas of research include the Organization of Justice, Law and New Technologies and Alternative Dispute Resolution. Prof. Saiz Garitaonandia holds a Law Degree, a Degree in Political Sciences and an Executive MBA from Deusto Business School (2017-2018), which included the Value Innovation Programme at INSEAD (France) and the Global Gateway Program at Fordham University (USA). His PhD received the Extraordinary Doctor´s Degree Award, a special mention for the quality of his thesis. 3CL runs the 3CL Travers Smith Lunchtime Seminar Series, which are are kindly supported by Travers Smith featuring leading academics from the Faculty, and high-profile practitioners. For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Mar 8, 2022
32 min
'Cleaning of Corporate Governance': 3CL Lecture
Professor Jens Frankenreiter (Washington University in St Louis) gave a lunchtime seminar entitled "Cleaning of Corporate Governance" on 22 February 2022 as a guest of 3CL (The Centre for Corporate and Commercial Law). Abstract: Although empirical scholarship dominates the field of law and finance, much of it shares a common vulnerability: an abiding faith in the accuracy and integrity of a small, specialized collection of corporate governance data. In this paper, we unveil a novel collection of three decades’ worth of corporate charters for thousands of public companies, which shows that this faith is misplaced. We make three principal contributions to the literature. First, we label our corpus for a variety of firm- and state-level governance features. Doing so reveals significant infirmities within the most well-known corporate governance datasets, including an error rate exceeding eighty percent in the G-Index, the most widely used proxy for “good governance” in law and finance. Correcting these errors substantially weakens one of the most well-known results in law and finance, which associates good governance with higher investment returns. Second, we make our corpus freely available to others, in hope of providing a long-overdue resource for traditional scholars as well as those exploring new frontiers in corporate governance, ranging from machine learning to stakeholder governance to the effects of common ownership. Third, and more broadly, our analysis exposes twin cautionary tales about the critical role of lawyers in empirical research, and the dubious practice of throttling public access to public records. Bio: Jens Frankenreiter is a visiting professor at Washington University in St. Louis School of Law. His research and teaching interests lie at the intersection of business law, contract law, and comparative law. His work draws on methods from economics, statistics, and data science to improve our understanding of contracting, private and public lawmaking, and legal institutions. A particular focus of his work is on the use of large amounts of texts and other forms of big data. His writing has appeared in leading academic journals, among them the Journal of Empirical Legal Studies and the University of Pennsylvania Law Review. Jens holds a Ph.D. from the Swiss Federal Institute of Technology (ETH Zurich) and an LL.M. from Harvard Law School. Before coming to Washington University, he was a Senior Research Fellow at Max Planck Bonn, a Visiting Associate Professor of Law at the University of Virginia School of Law, and a Post-Doc at the Millstein Center for Global Markets and Corporate Ownership. 3CL Seminars are kindly supported by Travers Smith. For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Feb 23, 2022
26 min
'Deconstructing Insolvency Law: Towards a Bespoke Treatment of Business Financial Distress': 3CL Lecture
Professor Ignacio Tirado of UNIDROIT and Universidad Autónoma Madrid, gave a lunchtime seminar entitled "Deconstructing Insolvency Law: Towards a Bespoke Treatment of Business Financial Distress" on 8 February 2022 as a guest of 3CL (The Centre for Corporate and Commercial Law). 3CL Seminars are kindly supported by Travers Smith. For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
Feb 22, 2022
45 min
'Unbundling the Contract of Sale – Commercial Law and 3D-printing': 3CL/CPLC Webinar
This was a joint 3CL/Cambridge Private Law Centre event. Additive layer manufacturing, better known as 3D-printing, is a manufacturing technology which has been evolving steadily over the last few decades, and has now advanced to the point where it can make the leap from niche technology to mainstream application. Its potential is such that it could change where and the manner in which many types of goods are produced. An interesting aspect of 3D-printing is that it allows for the unbundling of the production process. In this paper, I intend to explore what this could mean for the laws on the humble contract for the sale of goods, and whether the potential of 3D-printing requires developments in the law. Christian Twigg-Flesner LL.B. PCHE Ph.D. (Sheffield) is Professor of International Commercial Law at the University of Warwick (since September 2017). Previously, he was Professor of Commercial Law at the University of Hull, having joined there as Lecturer in 2004, and he previously taught at the University of Sheffield and Nottingham Trent University. His research and teaching interests are in the areas of Commercial, Consumer and Contract Law, with a particular focus on the implications of digitalisation. His research covers English, European and International dimensions. He is a Fellow of the European Law Institute, an Associate Academic Fellow of the Honourable Society of the Inner Temple, and one of the Law editors for the Journal of Consumer Policy. He has been a Senior International Fellow at the University of Bayreuth (2016-18), and visiting professor at the universities of Münster, Bielefeld, Osnabrück, and City University Hong Kong. He has spoken at conferences throughout Europe, as well as in Hong Kong and Japan. He has published extensively, particularly on EU Consumer and Contract Law. His books include Foundations of International Commercial Law (Routledge, 2021), Rethinking EU Consumer Law, with Geraint Howells and Thomas Wilhelmsson (Routledge, 2017), The Europeanisation of Contract Law (2nd ed, Routledge, 2013) and A Cross-Border-Only Regulation for Consumer Transactions in the EU – A New Approach to EU Consumer Law (Springer, 2012). He has edited the Cambridge Companion to European Union Private Law (Cambridge University Press, 2010), and the Elgar Research Handbook on EU Consumer and Contract Law (Edward Elgar, 2016). He is also an editor of the 13th and 14th editions of Atiyah and Adams’ Sale of Goods (Pearson, 2016; 2020; with Rick Canavan). 3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners. For more information see: https://www.3cl.law.cam.ac.uk/centre-activities
Feb 22, 2022
38 min
Load more