CSLA Hosts An Event on World Financial Law


cordially invites you to a presentation on

World financial law: US v Europe v China and what the US should be doing about it

by guest speaker

BA (Cape Town), MA (Oxon), LLD (Lund, hon)
Special Global Counsel at international law firm Allen & Overy LLP

The presentation will be held on TUESDAY MARCH 8, 2005 in ROOM 107, JEROME GREENE HALL at 4PM.

Reception to follow in DRAPKIN LOUNGE, JEROME GREENE HALL at 5PM.

RSVP to [email protected]

Professor Wood is a Visiting Professor in International Financial Law at the University of Oxford and Yorke Distinguished Visiting Fellow at the University of Cambridge. He teaches a post-graduate BCL/MJur course "Global Comparative Financial Law" at Oxford and Cambridge. Professor Wood is also a Visiting Professor at the London School of Economics and Political Science, and a Visiting Professor at Queen Mary College, University of London. He is the author of many books on financial law and a member of the editorial board of several international financial law reviews and journals.

Professor Wood was a partner in the international law firm Allen & Overy LLP from 1972 to 2002 and Head of the Banking Department of Allen & Overy LLP, where he remains as Special Global Counsel.

Professor Wood has extensive experience in all aspects of international banking and finance, including bank syndications, project finance, ship and aircraft finance, asset-based finance, leasing, securitizations, bankruptcy and debt restructuring, netting, clearing houses and payment systems. While his research interests are in all of these fields, he has a special interest in international comparative financial law covering the world's jurisdictions.

Professor Wood has served on numerous law reform working parties and has been a consultant to the IMF and the World Bank. He has advised governments on their law reform projects. Also, Professor Wood has lectured at numerous universities and academic institutions around the world including Europe, Scandinavia, the United States, South America, East and South Asia and Australia.

This presentation by Professor Wood will discuss the objectives of financial systems and the role of financial law. Drawing on a survey of the world's 312 jurisdictions, the presentation will cover the historical origins of financial law as well as current legal pressures in modern economies, focusing on whether they are leading to fragmentation or harmonization in this field, particularly in the field of bankruptcy reorganization statutes.

The presentation will also focus on the positioning of clean-break jurisdictions in the transition group, most notably China, and the directions which financial law should take to mitigate contemporary fractures. The role that the US should play in offering models and what those models should be will also be discussed.