School of Law student awarded prestigious comparative law prize

Daniele D’Alvia received the commendation for his paper on Special Purpose Acquisition Companies.

Daniele D’Alvia, a PhD candidate at the School of Law, was recently awarded an honourable mention as a runner up in the Colin B. Picker Prize in Comparative Law on behalf of the Younger Comparativists Committee (YCC) of the American Society of Comparative Law (ASCL).

The highly competitive Colin B. Picker Prize recognises the best paper submitted by a graduate student to the annual younger scholars' conference of the American Society of Comparative Law (ASCL), organised by its Younger Comparativists' Committee (YCC).  It is named in honour of the founding chair of the YCC.  The ASCL is the leading learned society in the United States promoting the comparative study of law. Daniele received the prize at the 2017 Sixth Annual ASCL Conference hosted by Koç University, Istanbul.

Daniele’s supervisor, Professor Michelle Everson, said “I am delighted to receive news of Daniele's success. He deserves it. Daniele has been a dedicated researcher, publishing at a high level and helping to consolidate the growing reputation of the school in areas of international economic law and regulation.”

Daniele’s paper, The Remarkable Story of SPACs between A Legal Standardised Regulation and A Standardisation by Market Practices', explores the international financial regulation of Special Purpose Acquisition Companies (‘SPACs’) for the first time in comparative law.

He explains: “SPACs are a new phenomenon in financial markets and the academic literature on the topic is still scant. My paper aims to provide a thorough overview of the remarkable story of SPACs, from their origin through the blank check companies, up to the development of a modern conception of SPAC.”

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