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The Societas Europea: The Evolving European Corporation Statute, Terence L. Blackburn Jan 1993

The Societas Europea: The Evolving European Corporation Statute, Terence L. Blackburn

Fordham Law Review

In this Article, Professor Blackburn examines and evaluates the Commission of the European Community's 1991 proposed European corporation statute, which represents the Commission's latest endeavor into creating a new form of business organization that possesses a European identity independent of the laws of the member states that comprise the European Economic Community. Professor Blackburn argues that this proposal fails because it places too much reliance on member state law for matters of basic structure and management, and therefore incorporates by reference the material variations in company law that exist among the member states. Professor Blackburn moreover contends that this proposal …


Competition For Corporate Charters And The Lesson Of Takeover Statutes, Roberta Romano Jan 1993

Competition For Corporate Charters And The Lesson Of Takeover Statutes, Roberta Romano

Fordham Law Review

In this Essay, Professor Romano considers the efficacy of competition among states for tax revenues generated by corporate charters. To this end, she focuses on how state takeover regulation-regulation which tends to benefit management rather than shareholders--affects this competition. She argues that federalism provides a safety net which protects investor interests and reduces the likelihood of self-serving management decisions. Professor Romano concludes that the current state-based system of incorporation is preferable to a national regime.


Political Reality Testing: 1993, Derrick Bell Jan 1993

Political Reality Testing: 1993, Derrick Bell

Fordham Law Review

No abstract provided.


Warming The Bench: The Nonstatutory Labor Exemption In The National Football League, Johnathan S. Shapiro Jan 1993

Warming The Bench: The Nonstatutory Labor Exemption In The National Football League, Johnathan S. Shapiro

Fordham Law Review

No abstract provided.


New Technology, Old Problem: Determining First Amendment Status Of Electronic Information Services, Phillip H. Miller Jan 1993

New Technology, Old Problem: Determining First Amendment Status Of Electronic Information Services, Phillip H. Miller

Fordham Law Review

No abstract provided.


Puppet Masters Of Marionettes: Is Program Trading Maniuplative As Defined By The Securites Exchange Act Of 1934, Lawrence Damian Mccabe Jan 1993

Puppet Masters Of Marionettes: Is Program Trading Maniuplative As Defined By The Securites Exchange Act Of 1934, Lawrence Damian Mccabe

Fordham Law Review

No abstract provided.


The Mother Court And The Foreign Plaintiff: Does Rule 10b-5 Reach Far Enough?, James J. Finnerty, Iii Jan 1993

The Mother Court And The Foreign Plaintiff: Does Rule 10b-5 Reach Far Enough?, James J. Finnerty, Iii

Fordham Law Review

No abstract provided.


10b-5 Or Not 10b-5: Are The Current Efforts To Reform Securities Litigation Misguided?, Adam F. Ingber Jan 1993

10b-5 Or Not 10b-5: Are The Current Efforts To Reform Securities Litigation Misguided?, Adam F. Ingber

Fordham Law Review

No abstract provided.


When Libido Subverts Credo: Regulation Of Attorney-Client Sexual Relations, Margit Livingston Jan 1993

When Libido Subverts Credo: Regulation Of Attorney-Client Sexual Relations, Margit Livingston

Fordham Law Review

Recent calls for increased regulation of attorney-client sexual relations have led several state courts, legislatures, and bar associations to consider specific rules restricting such practices. Advocates of enhanced regulation seek institutional recognition of the power differential inherent in the lawyer-client relationship. Critics prefer to rely on existing ethics rules governing attorney misconduct. In this Article Professor Livingston first reviews the judicial and administrative response to clients who accuse their attorneys of sexual impropriety. She next examines recently enacted state rules regulating attorney sexual misconduct and discusses pending legislative proposals. Professor Livingston then recommends a ban on all attorney-client sexual relations …


The Fair Value Of Minority Stock In Closely Held Corporations, Zenichi Shishido Jan 1993

The Fair Value Of Minority Stock In Closely Held Corporations, Zenichi Shishido

Fordham Law Review

In this Article, Professor Shishido examines the various methods—those used by the courts as well as those suggested by law and economics scholars—for determining the fair value of minority stock in closely held corporations. In Professor Shishido's view, the courts' method of weighing—the so-called Delaware block method—fails to arrive at the true value of the minority's shares and often undervalues their worth. Professor Shishido also argues that law and economics scholars fail to differentiate between closely held corporations and publicly held corporations, thus failing to include the effect of corporate law on the fair value of closely held corporate stock.


Employee Misconduct And The Affirmative Defense Of After-Acquired Evidence, Gian Brown Jan 1993

Employee Misconduct And The Affirmative Defense Of After-Acquired Evidence, Gian Brown

Fordham Law Review

No abstract provided.


Fairness And Finality: Third-Party Challenges To Employment Discrimination Consent Decrees After The 1991 Civil Rights Act , Majorie A. Silver Jan 1993

Fairness And Finality: Third-Party Challenges To Employment Discrimination Consent Decrees After The 1991 Civil Rights Act , Majorie A. Silver

Fordham Law Review

In this Article, Professor Silver examines Section 108 of the Civil Rights Act of 1991, which limits challenges to employment practices taken pursuant to employment discrimination consent decrees. The Article traces the development of the impermissible collateral attack doctrine, that doctrine's demise in Martin v. Wilks, and Congress' response to Martin as embodied in Section 108. Professor Silver also suggests ways in which Section 108 should be administered to comply with the Due Process Clause and argues for specific additional federal legislation to protect non-litigants or potential third-party challengers as well as to foster the utility and finality of legitimate …


The Divergence Of Standards Of Conduct And Standards Of Review In Corporate Law, Melvin Aron Eisenberg Jan 1993

The Divergence Of Standards Of Conduct And Standards Of Review In Corporate Law, Melvin Aron Eisenberg

Fordham Law Review

In this Article, Professor Eisenberg examines how and why standards of conduct and standards of review diverge in corporate law. Professor Eisenberg analyzes the relevant standards of conduct and review that apply in a number of corporate law contexts. He discusses the reasoning and policies underlying these diverging standards. Professor Eisenberg explains the basis of most existing standards of conduct and review and suggests modifications of several others.


Witness For The Prosecution: Prosecutorial Discovery Of Information Generated By Non-Testifying Defense Psychiatric Experts, Elizabeth F. Maringer Jan 1993

Witness For The Prosecution: Prosecutorial Discovery Of Information Generated By Non-Testifying Defense Psychiatric Experts, Elizabeth F. Maringer

Fordham Law Review

No abstract provided.


The Privacy Rights Of Rape Victims In The Media And The Law, Panel Discussion, Michael Gartner Jan 1993

The Privacy Rights Of Rape Victims In The Media And The Law, Panel Discussion, Michael Gartner

Fordham Law Review

No abstract provided.


Intercepting Refugees At Sea: An Analysis Of The United States' Legal And Moral Obligations, Suzanne Gluck Jan 1993

Intercepting Refugees At Sea: An Analysis Of The United States' Legal And Moral Obligations, Suzanne Gluck

Fordham Law Review

No abstract provided.


Rule 10b-5 As An Adaptive Organism, Donald C. Langevoort Jan 1993

Rule 10b-5 As An Adaptive Organism, Donald C. Langevoort

Fordham Law Review

In this Article, Professor Langevoort examines the adaptive qualities of Rule 10b-5 and how the rule has remained intact despite sweeping changes in the intellectual and political landscapes in which it operates. In Professor Langevoort's view, Rule l0b-5's survival is largely due to the flexibility of its language which has enabled the rule to embrace malleable social perceptions of the securities market and the securities business. Professor Langevoort also addresses the question of whether Rule l0b-5 has outlived its usefulness and should therefore be repealed and replaced by more precisely-drafted legislation. Professor Langevoort concludes that Rule l0b-5's continued survival is …


Bondage, Domination, And The Art Of The Deal: An Assessment Of Judicial Strategies In Lender Liability Good Faith Litigation, A. Brooke Overby Jan 1993

Bondage, Domination, And The Art Of The Deal: An Assessment Of Judicial Strategies In Lender Liability Good Faith Litigation, A. Brooke Overby

Fordham Law Review

In the 1980s the contractual obligation of good faith and fair dealing achieved preeminence in the area of lender liability. This raised concerns that expansive judicial interpretation of the obligation would, in effect, rewrite the parties' contracts and result in the imposition of undue economic liability upon lenders. In this Article Professor Overby first traces the statutory, common law, and theoretical attempts to provide transactors with legal standards of conduct through the obligation of good faith. She then examines the judicial approaches to good faith in the lending context, rejecting as unfounded concerns over economic liability or widespread judicial activism. …


As Time Goes By: New Questions About The Statute Of Limitations For Rule 10b-5, Jill E. Fisch Jan 1993

As Time Goes By: New Questions About The Statute Of Limitations For Rule 10b-5, Jill E. Fisch

Fordham Law Review

In this Article. Professor Fisch examines the history and legacy of Lampf, Pleva, Lipkind, Prupis & Petigrow v. Gilberston, the controversial 1991 Supreme Court decision that established a federal statute of limitations for private causes of action brought under Rule 10b-5. In Part I Professor Fisch reviews the history of the 10b-5 statute of limitations prior to LampE Part II then analyzes both the issues resolved and questions raised by Lampf. Part III traces the congressional reaction to Lampf that culminated in the addition of section 27A to the Securities Act of 1934. In Part IV, Professor Fisch concludes by …


Remarks Delivered On The Occasion Of The Dedication Of The Sidney C. Norris Chair Of Law To Public Service, Thomas M. Quinn Jan 1993

Remarks Delivered On The Occasion Of The Dedication Of The Sidney C. Norris Chair Of Law To Public Service, Thomas M. Quinn

Fordham Law Review

No abstract provided.


Rule 10b-5 And Transnational Bankruptcies: Whose Law Should Apply?, Lauren D. Rosenthal Jan 1993

Rule 10b-5 And Transnational Bankruptcies: Whose Law Should Apply?, Lauren D. Rosenthal

Fordham Law Review

No abstract provided.


Vertical Restraints, Efficiency, And The Real World, Jean Wegman Burns Jan 1993

Vertical Restraints, Efficiency, And The Real World, Jean Wegman Burns

Fordham Law Review

In this Article, Professor Burns addresses the rise of economic efficiency in antitrust jurisprudence. She argues that the theory is incomplete in that it fails to address “noneconomic” concerns, such as dealer fairness, intraband competition, and business ethics, which society wishes addressed. Societal concern, she argues, is evidenced by the rise of dealer fairness remedies outside the realm of antitrust law. In addition, she argues that the public regards the economic efficiency theory as out of touch with reality as evidenced by the vocal opposition of sophisticated consumer groups to modern Chicago-School-influenced antitrust jurisprudence. She concludes by voicing support for …


Perspectives On Disclosing Rape Victims' Names, Deborah W. Denno Jan 1993

Perspectives On Disclosing Rape Victims' Names, Deborah W. Denno

Fordham Law Review

In this Essay, Professor Denno examines the century-long conflict between an individual's right to privacy and the freedom of the press in the context of the media's disclosure of rape victims' names. Part I briefly reviews the United States Supreme Court's primary rulings on this topic, explaining that the Court has generally protected the freedom of the press under the First Amendment Part I emphasizes, however, that the Court has left available an opportunity for a con- trary interpretation under certain circumstances in Florida Star v. BJ.F., the Court's last ruling concerning the disclosure of rape victims' names. Part I1 …


Immune From Review?: Threshold Issues In Section 1983 Challenges To The Delegate Selection Procedures Of National Political Parties , Kevin R. Puvalowski Jan 1993

Immune From Review?: Threshold Issues In Section 1983 Challenges To The Delegate Selection Procedures Of National Political Parties , Kevin R. Puvalowski

Fordham Law Review

No abstract provided.


The Duty To Disclose Forward-Looking Information: A Look At The Future Of Md&A, Suzanne J. Romajas Jan 1993

The Duty To Disclose Forward-Looking Information: A Look At The Future Of Md&A, Suzanne J. Romajas

Fordham Law Review

No abstract provided.


The Problem Of Withholding In Response To Breach: A Proposal To Minimize Risk In Continuing Contracts, William J. Geller Jan 1993

The Problem Of Withholding In Response To Breach: A Proposal To Minimize Risk In Continuing Contracts, William J. Geller

Fordham Law Review

No abstract provided.


Rewriting The Constitution: An Economic Analysis Of The Constitutional Amendment Process, Donald J. Boudreaux, A. C. Pritchard Jan 1993

Rewriting The Constitution: An Economic Analysis Of The Constitutional Amendment Process, Donald J. Boudreaux, A. C. Pritchard

Fordham Law Review

In this Article, the authors develop an economic theory of the constitutional amendment process under Article V, focusing particularly on the roles that Congress and interest groups play in that process. The authors construct a model to predict when an interest group will seek an amendment rather than a statute to further its interests, highlighting how interest group maintenance costs and anticipated opposition affect that choice. They then discuss the efficiency goals of constitutionalism—precommitment and reduction of agency costs—and argue that the structure of the amendment process under Article V prevents realization of these goals. The authors contrast the Bill …


The Legal, Ethical, And Social Implications Of The "Reasonable Woman" Standard In Sexual Harassment Cases, Robert S. Adler, Ellen R. Peirce Jan 1993

The Legal, Ethical, And Social Implications Of The "Reasonable Woman" Standard In Sexual Harassment Cases, Robert S. Adler, Ellen R. Peirce

Fordham Law Review

In this Article, Professors Adler and Peirce examine the development and implications of the "reasonable woman" standard that is gaining increasing acceptance as the appropriate gauge for measuring the offensiveness of the conduct at issue in sexual harassment cases. The authors begin by reviewing the origins of sexual harassment law under Title VII of the Civil Rights Act of 1964, paying particular attention to the history of "hostile environment" causes of action. Professors Adler and Peirce then discuss how and why the reasonable woman standard evolved as an alternative to the conventional "reasonable man" and "reasonable person "standards that had …


Justices Harlan And Black Revisited: The Emerging Dispute Between Justice O'Connor And Justice Scalia Over Unenumerated Fundamental Rights, David B. Anders Jan 1993

Justices Harlan And Black Revisited: The Emerging Dispute Between Justice O'Connor And Justice Scalia Over Unenumerated Fundamental Rights, David B. Anders

Fordham Law Review

No abstract provided.


Congratulations From Your Continental Cousins, 10b-5: Securities Fraud Regulation From The European Perspective, Gerhard Wegen Jan 1993

Congratulations From Your Continental Cousins, 10b-5: Securities Fraud Regulation From The European Perspective, Gerhard Wegen

Fordham Law Review

No abstract provided.