Commercial and Economic law is central to the activities of the School, with a range of modules offered on the LLB and the LLM. Our work has influenced the development of the law both in the United Kingdom and internationally. We publish widely, present our research at international conferences all over the world and have advised a range of policy-makers.
Banking and Finance
Our research interests in the field of banking and finance covers both domestic and international finance. Nelson Enonchong’s work examines the extent to which guarantees given to banks can be avoided on the ground that the guarantor’s consent was vitiated by some wrongdoing, such as undue influence, on the part of the debtor. His monograph on the independence principle of letters of credit and demand guarantees explores the extent to which the interests of both the exporter and the importer are adequately protected when these instruments are used in international trade finance.
At the heart of most commercial transactions are the contractual relationships between the parties. Our work in the field of contract law covers a range of issues from questions relating to the validity of consent in contract formation, through questions of illegality of the agreement, to remedies for breach of contract, in particular damages. The second edition of Nelson Enonchong’s book on duress, undue influence and unconscionable dealing explores the extent to which a contract can be avoided on the ground that the consent of a party was vitiated by any of these factors. His earlier monograph on Illegal Transactions was the first to offer a detailed examination of this subject in the UK.
Corporate Law and Taxation
Our work is mainly in the field of corporate governance, regulation and insolvency. Geoffrey Morse is the general editor of Palmer’s Company Law. Rilka Dragneva-Lewers has worked on company law reform in Central and Eastern Europe, particularly in relation to issues around investor protection. Her interest relates also to the dissemination of international and EU norms in the field. She is currently engaged in a study of corporate governance reform in Armenia, Ukraine and Belarus (and the relative extent of EU influence). Katharina Moser has research interests in company and insolvency law and the comparative aspects of these subjects. In the area of taxation, Geoffrey Morse is the co-author of the sixth edition of Davies, Principles of Tax Law.
International Economic Law
The global and regional regulation of trade and investment is a key aspect of our work. Luca Rubini’s monograph on the definition of subsidy and state aid is the first attempt to offer a conceptual framework of analysis of the various definitional issues of subsidy in the WTO and the EU. Rilka Dragneva-Lewer's interests include regional economic integration in the post-Soviet space and comparative law of regional integration more generally. She is currently working on an edited book which deals with key aspects of the Eurasian Customs Union.
Nelson Enonchong’s interests include both international oil and gas law and international commercial arbitration in the oil and gas sector.
International Trade and Shipping
Contracts for the international sale of goods and transportation of the goods by sea form an important part of our work in international commercial law.