Book published from Commercial Law Centre project

A new book edited by Professor Louise Gullifer, Vice-Principal of HMC, and Professor Jennifer Payne, Merton College, Oxford, has been released by Hart Publishing. The book is the first full book resulting from a project run by the Commercial Law Centre at HMC. The project which consisted of a series of workshops which took place in Harris Manchester College, Oxford in 2016–2018, focusing on how various legal consequences differed (or potentially differed) when securities were held through intermediaries compared to where they were held directly. The book critically analyses the current position of all parties within the intermediated system, of the reasons for the system and of its advantages and disadvantages, examines a wide range of possible responses to the consequences of the current system, legal, market-based and technological, and looks forward to the future, particularly the advent of crypto-securities.

The book will be launched at the offices of Cleary Gottlieb in London on 27th February. If you would like an invitation, please email