The UK’s Company Law Reform Bill has recently been the topic of debate among corporate lawyers – specifically, whether the Bill’s reforms should be considered as a step towards the import of US-style securities litigation to the UK. It has been argued extensively elsewhere that that will not be the case.
However, that debate seems – at least in the UK – to have focused on the influence of the Bill in the UK and on cases brought here. What could equally be of interest is to look at it the other way around: whether or not the Bill, if and when enacted, has any influence in the US.
