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Business Organizations Law

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2001

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Articles 61 - 62 of 62

Full-Text Articles in Law

The Overlooked Corporate Finance Problems Of A Microsoft Breakup, David I. Walker Jan 2001

The Overlooked Corporate Finance Problems Of A Microsoft Breakup, David I. Walker

Faculty Scholarship

The paper identifies problems with the ordered breakup of Microsoft that seem to have been completely overlooked by the government, the judge, and the commentators. The breakup order prohibits Bill Gates and other large Microsoft shareholders from owning shares in both of the companies that would result from the separation. Given this prohibition, we show, dividing the securities in the resultant companies among the shareholders is not as straightforward as the government has suggested. Any method of distributing the securities that would comply with this mandate would either (i) impose a significant financial penalty on Microsoft's large shareholders that is …


Employee Benefits Law: Foreword, Maria O'Brien Jan 2001

Employee Benefits Law: Foreword, Maria O'Brien

Faculty Scholarship

Over the past twenty or so years, the range of employee benefits offered by employers - both large and small - has expanded dramatically. The old (and relatively short) list of "fringes" typically included health insurance, a pension plan, paid holidays and group life insurance. There was, of course, some variation in this list, especially across industries. But, by and large, employers did not concern themselves in a formal way with "modern" benefits such as elder care, child care, legal assistance, flex time, and parental leaves. As a recent study by the Society for Human Resource Management' suggests, employers have …