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Full-Text Articles in Law

Pay For Play: The Compensated Leisure Flaw Of Contract Damages, Mitchell L. Engler Jan 2015

Pay For Play: The Compensated Leisure Flaw Of Contract Damages, Mitchell L. Engler

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Contract damages aim to leave the injured party in as good a position as if the contract had been fulfilled. But discharged laborers often obtain a much better result due to the lack of a reduction for their excused work effort on breach. After first exposing the problematic ramifications of this unjustified deviation, this Article then provides two workable corrections.


Halliburton Ii: A Loser's History, Adam C. Pritchard Jan 2015

Halliburton Ii: A Loser's History, Adam C. Pritchard

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The Supreme Court was presented with an opportunity to bring fundamental reform to securities class actions last term in Halliburton Co. v. Erica P John Fund, Inc.. The Court ducked that opportunity, passing the buck to Congress to undo the mess that the Court had created a quarter century prior in Basic Inc. v. Levinson. Congress's history in dealing with securities class actions suggests that reform is unlikely to come from the legislature anytime soon. The Securities and Exchange Commission appears to be satisfied with the status quo as well. With these institutional actors resisting reform, corporations and …