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Posted by the Harvard Law School Forum on Corporate Governance, on Friday, February 2, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of January 26-February 1, 2024 Trends in Director Compensation Posted by Lawrence A. Davies, Sarah E. Fortt, and Betty M.
Since the global financial crisis of 2007-2008, the corporate finance markets have been dramatically transformed. Most notable has been the rise of non-traditional providers of debtfinance such as private credit funds, which now aggressively compete with traditional finance providers like commercial banks.
This disincentive is intended to reduce the attractiveness of debtfinancing, regardless of its origin. As always in the case of Directives, they must be transposed by the Member States, which must ensure that they do so before December 31, 2023, for application as of January 1, 2024, that is to say: tomorrow!
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