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Full-Text Articles in Law

Corporate Governance In The Courtroom: An Empirical Analysis, Jessica M. Erickson Apr 2010

Corporate Governance In The Courtroom: An Empirical Analysis, Jessica M. Erickson

Law Faculty Publications

Conventional wisdom is that shareholder derivative suits are dead. Yet this death knell is decidedly premature. The current conception of shareholder derivative suits is based on an empirical record limited to suits filed in Delaware or on behalf of Delaware corporations, leaving suits outside this sphere in the shadows of corporate law scholarship. This Article aims to fill this gap by presenting the first empirical examination of shareholder derivative suits in the federal courts. Using an original, hand-collected data set, my study reveals that shareholder derivative suits are far from dead. Shareholders file more shareholder derivative suits than securities class ...


Business Structures, David G. Epstein Jan 2010

Business Structures, David G. Epstein

Law Faculty Publications

This book covers the life cycle of a business, Bubba's Burritos, from birth to death. We will see how Bubba's Burritos' "life" and legal issues change as the business changes from a sole proprietorship to a partnership, to a corporation, to a limited partnership, to a limited liability company. We will also consider how the life and legal issues of Bubba's Burritos differ from those of a larger, more mature business such as McDonalds. We will look not only at businesses but also at their owners. Generally, people buy a business or an interest in a business ...