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8 minute read
Investor compensation: seeing the wood for the trees
What is the purpose of investor compensation schemes? When, to what extent, and to whom should compensation be paid? Peter Andrews, Oxera Partner, and Jonathan Haynes, former Oxera Partner, consider a complex case in the High Court of Ireland following the failure of investment firm Custom House Capital. They look at the policy issues, and ask how economic analysis can help courts to determine which interpretations of statute best reflect the intentions of the legislators. Read More