Archive for February, 2008

Changing Horses Midstream…

Thursday, February 21st, 2008 at 22:21

Since around 1750 Freshfields has had a nice little earner being legal adviser to the Bank of England. The relationship is close. When the law firm relocated from St Paul’s to modern premises in Fleet Street, the governor of the bank was reputed to have warned Freshfields about moving to the other side of town. […]






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The Return of the Vultures

Friday, February 8th, 2008 at 17:16

Throughout this credit crunch I have been awaiting the return of the vultures. In the 90s vulture funds were highly active in trading distressed debt and in the process disturbing established informal workout methods like the London Approach. These ways of restructuring relied on embedded relationships among professionals who knew how each other would respond […]






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Giving Papers at Miami

Wednesday, February 6th, 2008 at 16:00

One of the attractive features of going somewhere new is receiving fresh feedback on one’s ideas and research. And that’s intensified when one leaves one’s home turf and crosses continents. I was asked early on if at some point in my stay I would present a paper to faculty. Of course one says yes, imagining […]






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Professional Responsibility/Legal Ethics

Saturday, February 2nd, 2008 at 00:53

While I am at the University of Miami Law School I am teaching Professional Responsibility, a compulsory course for law students. It takes students through the law governing lawyers and the rules of conduct they should abide by when in practice. I like teaching it. I also think it gives the students an opportunity to […]






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Commuting to Miami Beach

Friday, February 1st, 2008 at 18:40

It’s rare that one could enjoy commuting, but my drive from the University of Miami in Coral Gables to my apartment in South Beach is delightful. Crossing over the MacArthur Causeway is beautiful. I look forward to it. Here’s a short video of the drive..






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