
Downing Professor Emeritus of the Laws of England
Interests
Specialises in equity, personal property and commercial and corporate law. Her research is primarily focused on the controversial issues relating to property rights and to the abuse of power in commercial, not-for-profit and corporate contexts.
Research centres and interest groups
CV / Biography
Currently: Professor of Law, LSE; Chair of LSE Press; Trustee, British Museum; Bencher of Middle Temple; Barrister and Academic Member, South Square, Gray's Inn; Panel Member, PRIME Finance; Fellow, Academia Europaea. Visiting appointments: Merralls Fellow (2016) and Professorial Fellow, University of Melbourne; Cheng Yu Tong Visiting Professor, University of Hong Kong; Distinguished Fellow, Australian Centre for Private Law, University of Queensland. Panelist on ALI’s Restatement Fourth, Property International Advisory Panel (2015-)
Previously: Director, Cambridge Private Law Centre; Treasurer, British Academy; Member of Council, British Academy; Member of Council, AHRC; Member of the Board of Governors, London Business School; Syndic, Cambridge University Press & Assessment (and predecessor bodies); member of Operating Board and chair of Audit Committee, Cambridge University Press; President, Society of Legal Scholars; member, Judicial Appointments Committee Diversity Forum; member, Advisory Council for the Study Group for a European Civil Code; consultant, UK Law Commission; member of working groups of the Bank of England Financial Markets Law Committee and the UK Company Law Review.
Selected publications
Books
Politics, Policy and Private Law Vol II -- Contract and Commercial (ed), 2024)
Politics, Policy and Private Law Vols I – Tort, Land & Equity (ed), 2023)
Sealy and Worthington's Text, Cases, and Materials in Company Law (with Sinéad Agnew), 2022) 12th Edition

Gower's Principles of Modern Company Law (ed), 2021) 11th Edition

Challenging Private Law: Lord Sumption on the Supreme Court (ed), 2020)

Revolution and Evolution in Private Law (ed), 2018)

Commercial Remedies: Resolving Controversies (ed), 2017)

Palmer's Company Law -- Part 8A: Management of the Company (ed), 2014)

The Law of Personal Property (with M Bridge, L Gullifer, G McMeel), 2013)

Equity and Property: Fact, Fantasy and Morals, 2010)
Equity, 2006) 2nd Edition
Commercial Law and Commercial Practice (ed), 2003)
Personal Property Law: Text and Materials, 2000)
Proprietary Interests in Commercial Transactions, 1996)
Articles
"Fixed and floating charges: still favouring absolutism over multi-factored nuance" [2023] 9 JIBFL 583-586
"Fiduciaries Then and Now" [2021] CLJ 154-178 (Centenary Edition, vol 80)
"Agents behaving badly?" (2017) 4 JIBFL 202-204
"Corporate Attribution and Agency: Back to Basics" (2017) 133 LQR 118-143
"The Death of Penalties in Two Legal Cultures?" (2016) 7 UK Supreme Court Yearbook 129-151
"Four Questions on Fiduciaries" (2016) 2 Canadian Journal of Comparative and Contemporary Law 723-64 (special issue on 'Equity in the 21st Century: Problems and Perspectives'); re-published in (2018) 32 Trusts Law International 22-42
"Lessons from Lehman: Persistent Problems for Secured Lenders" [2014] International Corporate Rescue 150-158
"Fiduciary Duties and Proprietary Remedies: Addressing the Failure of Equitable Formulae" [2013] CLJ 720-752
"Good faith, flawed assets and the emasculation of the UK anti-deprivation rule" (2012) 75 MLR 112-121
"The Unique Charm of the Common Law" (2011) 19 3/4 European Review of Private Law 345-361
"Testing the Anti-Deprivation Rule: a response to ‘Lehman brothers and the anti-deprivation principle: current uncertainties and proposals for reform’" (2011) 6 Capital Markets Law Journal 450-455
"Statutory Rules, Common Law Rules and Public Policy in the Global Financial Crisis" (2011) Penn State International Law Review (with Grainne Mellon)
"Making Sense of Arguments about the Anti-Deprivation Rule" (2011) 8(1) International Corporate Rescue 26-39
"Insolvency Deprivation, Public Policy and Priority Flip Clauses" (2010) 7(1) International Corporate Rescue 28-39
"Art, Law and Creativity" [2009] 62 Current Legal Problems 168-201
"‘Pitfalls with Proprietary Claims—Lehman Bros Again" (2009) Journal of International Banking and Finance Law 321-324 (with Ina Mitchkovska)
"Floating charges: the current state of play" (2008) Journal of International Banking and Finance Law 467-469 (with Ina Mitchkovska)
"Property as Proxy for Policy in Common Law Adjudication" (2007) 25(2) University of Queensland Law Journal 329-347
"Property, Obligation and Insolvency Policy: Cutting the Gordian Knot" (2005) 20 Journal of International Banking and Financial Law 100-103
"An "Unsatisfactory Area of the Law"—Fixed and Floating Charges Yet Again" (2004) 1 International Corporate Rescue 175-184
"Reviewing Rescission: Real Rights or Mere Possibilities" [2003] Insolvency Lawyer14-23 (summarises 2002 RLR 28-68)
"Integrating Equity and the Common Law" (2002) 55 Current Legal Problems 223-262
"The Proprietary Consequences of Rescission" [2002] Restitution Law Review 28-68
"Rehabilitating Personal Property Law as a Serious Topic for Teaching and Research" (2002) 36 Canadian Business LJ 1-28
"Shares and Shareholders: Property, Power and Entitlement - Parts I and II" (2001) 22 Company Lawyer 258-66 and 307-314
"Reforming Directors’ Duties" (2001) 64 Modern Law Review 439-458
"Corporate Governance: Remedying and Ratifying Directors’ Breaches" (2000) 116 Law Quarterly Review 638-675
"Equitable Estoppel: Unpacking a Doctrine" (2000) 27 Journal of Malaysian and Comparative Law 227-246
"Equitable Estoppel: Unpacking a Doctrine" (2000) 27 Journal of Malaysian and Comparative Law 227-246 [later developed in Equity (2nd ed, OUP, 2006)]
"Reconsidering Disgorgement" (1999) 62 Modern Law Review 218-240
"Sorting Out Ownership Interests in a Bulk: Gifts, Sales and Trusts" [1999] Journal of Business Law 1-22
"Fiduciaries: When is Self-Denial Obligatory?" [1999] Cambridge Law Journal 500-508
"Back Door Security Devices" [1999] Insolvency Lawyer 153-161
"Fixed Charges Over Book Debts and Other Receivables" (1997) 113 Law Quarterly Review 562-569
"Proprietary Remedies: The Nexus Between Specific Performance and Constructive Trusts" [1996] Journal of Contract Law 1-25
"When does a Buyer Acquire an Interest in Property?: The Implications of the Goldcorp Saga" (1995/96) 2 Receivers, Administrators and Liquidators Quarterly 23-35
"Proprietary restitution - void, voidable and uncompleted contracts" (1995) 9 Trust Law International 113-23
"Equitable Liens in Commercial Transactions" (1994) 53 Cambridge Law Journal 263-72
"Floating Charges - An Alternative Theory" (1994) 53 Cambridge Law Journal 81-103 [later expanded in Proprietary Interests in Commercial Transactions (1996, OUP)]
"Public Unit Trusts: Principles, Policy and Reform of the Trustee and Manager Roles" (1992) 15 University of New South Wales Law Journal 256-67
"Continental Shelf Delimitation in the Timor Gap" [1991] Australian Mining and Petroleum Law Association Yearbook 566-85
"Directors’ Duties, Creditors’ Rights and Shareholder Intervention" (1991) 18 Melbourne University Law Review 121-153
Book Chapters
"Explaining State Curbs on Contract Remedies" in J Nyers and A Robertson (eds) (ed(s)), Private Law and the State , 2024), pp. Ch 3
"Contract/Property Borderlines in Private Law " in W Day and J Growers (eds) (ed(s)), Borderlines in Private Law, 2024), pp. Ch 13
"The Damage in Negotiating Damages" in E Peel and R Probert (eds) (ed(s)), Shaping the Law of Obligations: Essays in Honour of Professor Ewan McKendrick QC, 2023), pp. Ch 11
"Proprietary Restitution" (with Will Day) in W Day and S Worthington (ed(s)), Challenging Private Law: Lord Sumption on the Supreme Court, 2020), pp. Ch 11
"Powers" in Will Day and Sarah Worthington (ed(s)), Challenging Private Law: Lord Sumption on the Supreme Court, 2020), pp. Ch 16
"The Myth of Common Law Tracing" in C Mitchell and S Watterson (ed(s)), The World of Maritime and Commercial Law: Essays in Honour of Francis Rose, 2020), pp. 309-328

"The Commercial Triple Helix: Contract, Property and Unjust Enrichment" in P Devonshire and R Havelock (ed(s)), The Impact of Equity and Restitution in Commerce, 2018), pp. 33-64
"Revolution and Evolution in Private Law" in S Worthington, A Robertson and G Virgo (ed(s)), Revolution and Evolution in Private Law, 2018), pp. Ch 1
"Revolutions in Personal Property: Redrawing the Common Law’s Conceptual Map" in S Worthington, A Robertson and G Virgo (ed(s)), Revolution and Evolution in Private Law, 2018), pp. Ch 11
"How Can English Property Law Contribute to a European Concept of Ownership?" in E Laroba (ed(s)), The Right of Ownership in the Construction of European Private Law: Indexes, Transfer Systems and Objects, 2017), pp. 33-57
"Commercial remedies: identifying themes and controversies (with G Virgo)" (with G Virgo) in G Virgo and S Worthington (ed(s)), Commercial Remedies: Resolving Controversies, 2017), pp. Ch 1

"Penalty Clauses" in G Virgo and S Worthington (ed(s)), Commercial Remedies: Resolving Controversies, 2017), pp. Ch 16 (pp 366-389)
