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Business Organizations Law

University of Arkansas at Little Rock Law Review

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Full-Text Articles in Law

Financial Innovation And Unforeseen Consequences: Spacs, Sec Lending, And Shorts, Christian A. Johnson Dec 2022

Financial Innovation And Unforeseen Consequences: Spacs, Sec Lending, And Shorts, Christian A. Johnson

University of Arkansas at Little Rock Law Review

Although publicly traded “special purpose acquisition companies” (SPAC) have been trading for decades, the effect of the unique shareholder rights found in SPAC shares should be fully studied and compared with the rights of publicly traded non-SPAC shares. Because of their differences, PAC shares will not necessarily behave in the same way as non-SPAC shares in certain situations. The short selling of SPAC shares offers a useful case study as well as lessons for regulators, investors, and short sellers about the unforeseen and unintended consequences of financial innovation in the other-wise understood corner of securities lending and short selling of …


Spac Regulation—Past, Present And Future, E. Ramey Layne, K. Stancell Haigwood Dec 2022

Spac Regulation—Past, Present And Future, E. Ramey Layne, K. Stancell Haigwood

University of Arkansas at Little Rock Law Review

No abstract provided.


Spac Attack, Justin Kuehn Dec 2022

Spac Attack, Justin Kuehn

University of Arkansas at Little Rock Law Review

No abstract provided.


Top Ten Issues In De-Spac Securities Litigation, Wendy Gerwick Couture Dec 2022

Top Ten Issues In De-Spac Securities Litigation, Wendy Gerwick Couture

University of Arkansas at Little Rock Law Review

I am delighted to contribute to this symposium on special purpose acquisition companies (SPACs). The securities litigation associated with the de-SPAC transaction is at an early stage, but courts are already wrestling with a number of unsettled issues that cast a mirror on SPACs and the securities laws more broadly. As these issues are resolved, they will affect the future of de-SPAC transactions as well as the regulatory environment in which they operate. In this essay, I identify ten such issues, drawing from the pleadings, briefings, and hearings in pending de-SPAC securities cases, with the goal of highlighting the key …


Business Judgment Rule Or Due Diligence? How To Reduce Vicarious Liability For Spac Directors And Officers, Beau Duty Dec 2021

Business Judgment Rule Or Due Diligence? How To Reduce Vicarious Liability For Spac Directors And Officers, Beau Duty

University of Arkansas at Little Rock Law Review

No abstract provided.


Making The Case For The Uniform Limited Liability Company Act (2013) In Arkansas, Carol Goforth Dec 2017

Making The Case For The Uniform Limited Liability Company Act (2013) In Arkansas, Carol Goforth

University of Arkansas at Little Rock Law Review

No abstract provided.


Tort Law—Tortious Interference With Business Expectancy – A Trap For The Wary And Unwary Alike, Larry Watkins Apr 2012

Tort Law—Tortious Interference With Business Expectancy – A Trap For The Wary And Unwary Alike, Larry Watkins

University of Arkansas at Little Rock Law Review

Despite remaining stable and unchanged over the last decade, tortious interference has also remained problematic in Arkansas. Although tortious interference with contract in Arkansas suffers from many ailments, this note focuses on interference with business expectancy, discussing interference with contract only as necessary. Specifically, the note argues that tortious interference in Arkansas should be formally separated into two distinct rules—interference with contract and interference with business expectancy—in order to keep courts from mixing terms and standards from both rules when addressing only one cause of action. This note further proposes that the improper element of tortious interference in Arkansas should …


Losing Faith: Limited Liability Companies In Arkansas And The Fiduciary Duties Of Loyalty And Good Faith, Frances S. Fendler Jan 2009

Losing Faith: Limited Liability Companies In Arkansas And The Fiduciary Duties Of Loyalty And Good Faith, Frances S. Fendler

University of Arkansas at Little Rock Law Review

No abstract provided.


Corporate Director And Officer Liability, Constance Frisby Fain Apr 1996

Corporate Director And Officer Liability, Constance Frisby Fain

University of Arkansas at Little Rock Law Review

No abstract provided.


The Nonprofit Corporation Act Of 1993: Considering The Election To Apply The New Law To Old Corporations, James Edward Harris Oct 1994

The Nonprofit Corporation Act Of 1993: Considering The Election To Apply The New Law To Old Corporations, James Edward Harris

University of Arkansas at Little Rock Law Review

No abstract provided.


Business Organizations—Limited Liability Companies In Arkansas: The Knowns And The Unknowns, C. Timothy Spainhour Oct 1994

Business Organizations—Limited Liability Companies In Arkansas: The Knowns And The Unknowns, C. Timothy Spainhour

University of Arkansas at Little Rock Law Review

No abstract provided.


Director-Exculpation Clauses Under The Arkansas Business Corporation Act Of 1987, Frances S. Fendler Apr 1993

Director-Exculpation Clauses Under The Arkansas Business Corporation Act Of 1987, Frances S. Fendler

University of Arkansas at Little Rock Law Review

No abstract provided.


Corporate Statutes—Which One Applies?, Mary Elizabeth Matthews Jan 1990

Corporate Statutes—Which One Applies?, Mary Elizabeth Matthews

University of Arkansas at Little Rock Law Review

No abstract provided.


Securities Law—Partnerships—Adoption Of An Expansive Test For Defining A Security. Casali V. Schultz, 292 Ark. 602, 732 S.W.2d 836 (1987)., Charles P. Turley Apr 1988

Securities Law—Partnerships—Adoption Of An Expansive Test For Defining A Security. Casali V. Schultz, 292 Ark. 602, 732 S.W.2d 836 (1987)., Charles P. Turley

University of Arkansas at Little Rock Law Review

No abstract provided.


An Overview Of The 1987 Arkansas Business Corporation Act, Timothy D. Brewer Jul 1987

An Overview Of The 1987 Arkansas Business Corporation Act, Timothy D. Brewer

University of Arkansas at Little Rock Law Review

No abstract provided.


Old Macdonald (Inc.) Has A Farm... Maybe Or Nebraska's Corporate Farm Ban: Is It Constitutional, Roger D. Colton Apr 1983

Old Macdonald (Inc.) Has A Farm... Maybe Or Nebraska's Corporate Farm Ban: Is It Constitutional, Roger D. Colton

University of Arkansas at Little Rock Law Review

No abstract provided.


What's Right With Agency And, Incidentally, Partnership, Michael L. Richmond Apr 1982

What's Right With Agency And, Incidentally, Partnership, Michael L. Richmond

University of Arkansas at Little Rock Law Review

No abstract provided.


Arkansas Corporate Fiduciary Standards—Interested Directors' Contracts And The Doctrine Of Corporate Opportunity, Susan Webber Jan 1982

Arkansas Corporate Fiduciary Standards—Interested Directors' Contracts And The Doctrine Of Corporate Opportunity, Susan Webber

University of Arkansas at Little Rock Law Review

No abstract provided.