Speaker: Elisa Cencig (Norges Bank Investment Management)

Cambridge 3CL invites you to a seminar on the responsible investment strategies of Norges Bank Investment Management (NBIM), the entity responsible for managing Norway's government pension fund, valued at over 1 trillion US dollars. Operating in over 70 countries, NBIM is at the forefront of shaping sustainable and fair market practices globally. This session will delve into NBIM’s role in policy-making and standard setting, highlighting its commitment to responsible stewardship.

The focus will be on NBIM's active investment approach across various levels - from market-wide initiatives to individual company engagements. NBIM works to ensure long-term growth in its investments while minimizing environmental and societal harm, through direct company engagement, goal setting, and strategic voting at shareholder meetings. Key topics like climate change action, responsible AI practices, and CEO compensation will be discussed, showcasing NBIM's dedication to guiding global investments towards ethical and sustainable outcomes.

Leading this session is Elisa Cencig, Senior ESG Policy Advisor at NBIM. Her expertise will provide a comprehensive view into how a major global investor like NBIM navigates the complexities of responsible investment.

Biography: Elisa is Senior ESG Policy Advisor at Norges Bank Investment Management, where she is responsible for the fund’s engagement with international organisations, standard-setters and policymakers on sustainability, responsible investment and corporate governance. Prior to that, she worked at the UK Financial Authority, first on EU Withdrawal Policy and Strategy and more recently leading the FCA’s engagement at the Financial Stability Board. Earlier in her career, she worked at the Association of Financial Markets in Europe’s Brussels office on prudential and resolution policy and advocacy. She is an alumna of the Sant’Anna School of Advanced Studies in Pisa (Italy) and the College of Europe (Belgium) and holds a PhD in Political Science from the London School of Economics.

3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners.

For more information see the Centre for Corporate and Commercial Law website:

http://www.3cl.law.cam.ac.uk/

On 12 March 2024 the Centre for Intellectual Property and Information Law (CIPIL) held the 2024 Annual International Intellectual Property Lecture, delivered by Professor Oren Bracha (William C. Conner Chair in Law, The University of Texas, Austin).

Abstract: It is a universal truism that the subject matter of modern intellectual property law is intangible information. Yet the field is haunted by a stubborn specter of physicalism. Time and again, courts and commentators engage in reasoning that relies on physicalist and quasi-physicalist assumptions or fails to absorb the implications of the intangible object of property. This happens in a wide variety of contexts, spanning from the patentability of DNA sequences to copyright infringement by training Generative Artificial Intelligence systems. The lecture explores persisting physicalism in intellectual property law, diagnoses its sources, and argues that we should go beyond it.

For more information see:

https://www.cipil.law.cam.ac.uk/

Speaker: Dr Alvaro Fernandez-Mora, KCL

Abstract: As trade marks have evolved to perform an expressive function, courts and scholars on both sides of the Atlantic have devoted increased attention to elucidating when, and how, marks and speech interact. Three forms of interaction can be identified in European and US case law. First, in infringement litigation, a defendant can invoke speech with a view toward insulating from liability his unauthorized use of plaintiff’s mark for expressive purposes, usually for parody or commentary. Second, in trade mark registration, unsuccessful applicants can invoke speech to challenge the validity of a refusal of registration. And third, in constitutional challenges, a trade mark owner can invoke speech in seeking to strike down public measures encroaching on trade mark use.

Regrettably, to date, commentators have had a tendency to focus on one form of interaction at a time, placing special emphasis on infringement cases. Their analyses and proposals for reform have privileged this form of interaction in an effort to avoid the severe repercussions that unbridled enforcement of trade mark rights could have on defendants’ speech. This has led to an impoverished understanding of the interaction between marks and speech, broadly considered. In the absence of comprehensive studies covering the diversity of instances where both sets of rights interact, conventional wisdom posits that their interaction is unidirectional, in the sense that trade mark rights chill expression. My ongoing research seeks to redress this misconception by engaging in a taxonomic analysis of the diverse scenarios in which marks and speech interact. Their joint study reveals that this interaction is best understood as a two-way street, where freedom of expression can simultaneously limit and validate trade mark rights. The proposed reconceptualization of the interaction between marks and speech can contribute significantly to the advancement of the field.

Biography: Dr Alvaro Fernandez-Mora is a Lecturer in Intellectual Property Law at The Dickson Poon School of Law. Alvaro joined King's College London in 2024, having previously worked as a Lecturer in Law at the University of York (2021-2024). Alvaro has earned degrees from the University of Oxford (DPhil), Harvard Law School (LLM) and Universidad Pontificia Comillas de Madrid ICADE (LLB). Before pursuing his doctoral studies, Alvaro worked as an associate lawyer at Hogan Lovells LLP’s intellectual property litigation department in Madrid. Alvaro's research interests lie at the intersection between intellectual property law and other fields –notably human rights, competition law and economics–, often from a comparative perspective. Alvaro's work has been published in the Berkeley Journal of International Law (BJIL), the International Review of Intellectual Property and Competition Law (IIC) or the Intellectual Property Quarterly (IPQ).

For more information see:

https://www.cipil.law.cam.ac.uk/seminars-and-events/cipil-seminars

This entry provides an audio source for iTunes.

Lecture summary: This lecture considers what Josef Kunz termed “swings of the pendulum” in international monetary and financial law and the formal and informal institutions in these related fields. International monetary law exploded in importance after the Second World War with the creation of the International Monetary Fund (IMF) and a global system of managed exchange rates. With the collapse of the Bretton Woods system in 1971 and a decline in capital controls, the IMF evolved from a dominant institution into a peer of central banks and private markets, providing surveillance of the “non-system” of floating exchange rates and assisting in responses to financial crises.

By contrast, international financial law, which was of limited importance during the Bretton Woods era, has become a major soft law force in the global financial sector since the Basel Committee on Banking Supervision was created in 1974. The dichotomy between profit maximization and systemic risk at the core of global finance today is overseen and guided by the technocrats of the Basel Committee, the Financial Stability Board and other institutions of international financial law.

Today, the pendulums of international monetary and financial law may be reversing again. Armed conflict, rising authoritarianism, growing fragmentation of the global financial system, and a revival of capital controls and other restrictions on capital flows could reinvigorate international monetary law and the IMF. This institution has reimagined itself multiple times already while staying true to its original mandate of safeguarding monetary stability.

Michael Waibel is a professor of international law at the University of Vienna. His teaching and writing focus on international law, international economic law, sovereign debt and international dispute settlement. He received the Deák Prize of the American Society of International Law, the Book Prize of the European Society of International Law and a Leverhulme Prize for his research. He is Co-General Editor of the ICSID Reports (with Jorge Viñuales) and Co-Editor-in-Chief of the Journal of International Economic Law (with Kathleen Claussen and Sergio Puig).

Speaker: José Barroso, former President of the European Commission

Biography: José Manuel Durão Barroso served twelve years in the Government of Portugal including as Prime Minister and Minister of Foreign Affairs Minister. He was President of the European Commission during two mandates (2004/2014).

His academic appointments include visiting professor at Georgetown University and visiting professor at Princeton University. He is currently a visiting professor at the Catholic University of Portugal and at the European University Institute, School of Transnational Governance, Florence. José Manuel Barroso studied Law (University of Lisbon) Political Science and International Affairs (University of Geneva).

He is currently Chair of the Board of Gavi, the Vaccine Alliance, and Chairman of International Advisors, Goldman Sachs.

For more information see:

https://www.cels.law.cam.ac.uk/weekly-seminar-series