Resources

1 Resources for

steven l. schwarcz

Commercial Trusts As Business Organizations: An Invitation To Comparatists: This article examines whether commercial trusts might be useful in non-U.S. transactions. It proceeds by redacting to fundamental principles, shorn of any uniquely U.S.-specific considerations, and thereby making accessible to foreign lawyers as well as comparative-law scholars. This framework differentiates commercial from gratuitous trusts, and addresses such basic questions, as...; Tags: Business Organization, Steven L. Schwarcz, Asset Management, Operational Planning, Business Operations; White papers 2003-01-01

Are feds bailing out wrong people?: In order to stave off a systemic collapse of U.S. financial markets, the Federal Reserve should shift its focus from protecting banks to protecting markets directly, according to Steven L. Schwarcz, professor of law and business at Duke University, Durham, N.C. In a much-publicized case, the Federal Reserve saved Bear...; Tags: Federal Reserve Board, FINANCE, Litigation; Research articles 2008-05-01