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Articles 1 - 18 of 18

Full-Text Articles in Law

The Jury’S Response To Business And Corporate Wrongdoing, Valerie P. Hans Oct 1989

The Jury’S Response To Business And Corporate Wrongdoing, Valerie P. Hans

Law and Contemporary Problems

No abstract provided.


The Art Of Regulation Drafting: Structured Discretionary Justice Under Section 355, John W. Lee Aug 1989

The Art Of Regulation Drafting: Structured Discretionary Justice Under Section 355, John W. Lee

Faculty Publications

This article analyzes the 35-year evolution of the section 355 regulations from the perspectives of the jurisprudential dichotomy between general principles and detailed rules and administrative law theory as to agency discretion.


The New Economic Theory Of The Firm: Critical Perspectives From History, William W. Bratton Jul 1989

The New Economic Theory Of The Firm: Critical Perspectives From History, William W. Bratton

All Faculty Scholarship

No abstract provided.


Misreading The Williams Act, Lyman Johnson, David Millon Jun 1989

Misreading The Williams Act, Lyman Johnson, David Millon

Michigan Law Review

This Article examines the emerging controversy over preemption of the most potent of recent antitakeover laws, the so-called business combination statutes recently passed by Delaware, New York, and other states, and Pennsylvania's director-approval statute. After examining the strategy employed by the states to shield these statutes from constitutional attack, we consider the issues raised by the preemption claim and the arguments currently being advanced by the SEC and others in favor of preemption. Resolving the preemption controversy requires inquiry into the original meaning and objectives of the Williams Act. We argue that this should involve attention not only to the …


The Basics Of Disclosure: The Market For Information In The Market For Corporate Control, James Harlan Koenig May 1989

The Basics Of Disclosure: The Market For Information In The Market For Corporate Control, James Harlan Koenig

University of Miami Law Review

No abstract provided.


Coase Defends Coase: Why Lawyers Listen And Economists Do Not, Stewart Schwab May 1989

Coase Defends Coase: Why Lawyers Listen And Economists Do Not, Stewart Schwab

Michigan Law Review

A Review of The Firm The Market and The Law by Ronald Coase


Reverse Piercing The Corporate Veil: Should Corporation Owners Have It Both Ways?, Michael J. Gaertner Apr 1989

Reverse Piercing The Corporate Veil: Should Corporation Owners Have It Both Ways?, Michael J. Gaertner

William & Mary Law Review

No abstract provided.


Missing The Point About State Takeover Statutes, Lyman Johnson, David Millon Feb 1989

Missing The Point About State Takeover Statutes, Lyman Johnson, David Millon

Michigan Law Review

In a recent article in this journal, Professor Richard Booth offers an extended appraisal of state legislation regulating hostile corporate takeovers. We think Booth's article requires comment for two reasons. The first reason is perhaps more obvious, though less interesting from our point of view. To be blunt, "unfairness" to shareholders due to coercion arising out of two-tier or partial offers simply does not occur with enough frequency to warrant a sixty-seven-page article in a major law review. According to recent congressional testimony by SEC Commissioner Cox, from 1982 to 1986 the number of two-tier offers declined from 18% of …


Corporate Debt Relationships: Legal Theory In A Time Of Restructuring, William W. Bratton Jr. Feb 1989

Corporate Debt Relationships: Legal Theory In A Time Of Restructuring, William W. Bratton Jr.

Duke Law Journal

No abstract provided.


Externalities, Firm-Specific Capital Investments, And The Legal Treatment Of Fundamental Corporate Changes, Jonathan R. Macey Feb 1989

Externalities, Firm-Specific Capital Investments, And The Legal Treatment Of Fundamental Corporate Changes, Jonathan R. Macey

Duke Law Journal

No abstract provided.


Corporate Debt Relationships: Legal Theory In A Time Of Restructuring, William W. Bratton Jan 1989

Corporate Debt Relationships: Legal Theory In A Time Of Restructuring, William W. Bratton

All Faculty Scholarship

No abstract provided.


The Inside Counsel Movement, Professional Judgment And Organizational Representation, Robert Eli Rosen Jan 1989

The Inside Counsel Movement, Professional Judgment And Organizational Representation, Robert Eli Rosen

Articles

No abstract provided.


Executive Loans From Corporate Funds, Jayne W. Barnard Jan 1989

Executive Loans From Corporate Funds, Jayne W. Barnard

Faculty Publications

The author surveys the laws affecting loans made by a corporation to its executives, including the state loan enabling statutes, the applicable tax laws, and any disclosurerequirements. Also discussed is the applicability of Regulation G to loans made by a corporation to facilitate share purchases by its executives. Finally, the author enumerates the risks inherent in executive lending and makes suggestions for risk minimization.


State Tolling Statutes And Interstate Commerce: Bendix Autolite Corporation V. Midwesco Enterprises, John H. Forg Jan 1989

State Tolling Statutes And Interstate Commerce: Bendix Autolite Corporation V. Midwesco Enterprises, John H. Forg

Case Western Reserve Law Review

No abstract provided.


Who Should Pay The Corporate Tax In A Flat Tax World?, Rebecca S. Rudnick Jan 1989

Who Should Pay The Corporate Tax In A Flat Tax World?, Rebecca S. Rudnick

Articles by Maurer Faculty

This article reviews the corporate tax system within the context of the historical bias and current effects of the current system of taxation of corporations and shareholders. Drawing on public finance theory, financial markets microstructure research, and perspectives on corporate governance, Professor Rudnick proposes a profits tax on the liquid equity of firms. She finds this to be a normative rationale for a double tax system under optimal tax principles due to the inelasticity of demand for and supply of liquidity and the economic rent it produces. The value of liquidity in different capital markets is the crucial determinate. Under …


Braswell V. United States: An Examination Of A Custodian's Fifth Amendment Right To Avoid Personal Production Of Corporate Records, Scott D. Price Jan 1989

Braswell V. United States: An Examination Of A Custodian's Fifth Amendment Right To Avoid Personal Production Of Corporate Records, Scott D. Price

Villanova Law Review

No abstract provided.


The Corporate Attorney-Client Privilege: A Study Of The Participants, Vincent C. Alexander Jan 1989

The Corporate Attorney-Client Privilege: A Study Of The Participants, Vincent C. Alexander

Faculty Publications

Empirical research on the practical effects of the attorney-client privilege in the corporate context has been almost nonexistent. This Article seeks to help fill the gap by synthesizing traditional doctrinal analysis with the results of a survey of individuals with first-hand information about the subject: corporate attorneys, corporate management, and federal judges and magistrates. The survey, which consisted of 182 interviews in New York City, produced a broad range of information about some of the assumptions underlying the corporate privilege, the forms and processes of corporate attorney-client communications and the adjudication of privilege claims.


State Competence To Regulate Corporate Takeovers: Lessons From State Takeover Statutes, Alan E. Garfield Dec 1988

State Competence To Regulate Corporate Takeovers: Lessons From State Takeover Statutes, Alan E. Garfield

Alan E Garfield

This Article reveals two very different lessons about state competence to regulate corporate takeovers. The first lesson is that some states are enacting anti-takeover legislation for the protectionist purpose of sheltering large local employers. The Article contends that the appropriate response to this legislation is for courts to invalidate it under the Commerce Clause. The second lesson is that some states, most notably Delaware, are enacting anti-takeover legislation to protect a state’s corporate chartering industry. In this instance, federal preemptive intervention is necessary to ensure that state law does not unduly favor management interests at shareholder expense.