Law Commons^™

(Mis)Judging Intent: The Fundamental Attribution Error In Federal Securities Law, Victor D. Quintanilla

Victor D. Quintanilla

This article examines the element of scienter (fraudulent intent) in claims of federal securities fraud under Section 10(b) of the Exchange Act and, more specifically, the U.S. Supreme Court’s decision in Tellabs, Inc. v. Makor Issues & Rights, Ltd., 551 U.S. 308 (2007) from a social-psychological perspective. The field of social psychology has documented a pervasive phenomena—the Fundamental Attribution Error—the failure of decision-makers to consider situational explanations, including the force of environments and social and situational norms on human conduct. In light of robust social-psychological research on the Fundamental Attribution Error, legal concepts such as intent, intentionality, mens rea, and …

Assessing The Applicability Of The Business Judgment Rule And The “Defensive” Business Judgment Rule In The Chinese Judiciary: A Perspective On Takeover Dispute Adjudication, Xiao-Chuan Charlie Weng

Xiao-chuan Charlie Weng

With the surge of takeovers in China, many issues regarding takeover adjudication and legislation have increasingly received academic attention. The issues of the independence and professionalization of the judiciary and the scarcity of legislation on duty of care are the major predicaments facing corporate China. Massive legislative and judicial reform of takeover adjudication is not viable in the near future. However, U.S. common law standards of review, including the business judgment rule and serial rules against hostile takeover, with diacritical the business judgment rule stamp, may hold potential for reform within the current economic environment. The article investigates the problems …

Junior Bar Law Review 1 (2010), 21-40 Judicial Activism Revisited: Reflecting On The Role Of Judges In Enforcing Economic, Social And Cultural Rights, Gehan D. Gunatilleke Mr.

Gehan D Gunatilleke Mr.

Following the conclusion of military operations in Sri Lanka in 2009, the issue of economic development and distributive justice appears to have remerged on the country’s agenda. Within this post-conflict context, the judiciary in Sri Lanka is confronted with a major challenge in terms of defining its proper role in the promotion of Economic Social and Cultural (“ESC”) rights. The precise extent to which judges should be ‘activist’ in promoting these rights should be contrasted with the level of activism required of judges in the sphere of civil and political rights. Advocating ESC rights in Sri Lanka simply cannot be …

A "New" Fiduciary Duty For Stockbrokers? Keeping The Dodd-Frank Rule Debate In Perspective, Robert N. Rapp

Robert N Rapp

No abstract provided.

Law And Finance: A Theoretical Perspective, Tamara Lothian

Tamara Lothian

No abstract provided.

After The Crisis: Institutional Innovation And The Alternative Futures Of American Finance, Tamara Lothian

Tamara Lothian

No abstract provided.

O Cade E As Soluções Negociadas, Carlos Emmanuel Joppert Ragazzo

carlos ragazzo

No abstract provided.

Home Is Where The Hatred Is: A Proposal For A Federal Housing Administration Truth And Reconciliation Commission, Brian G. Gilmore

Brian G Gilmore

No abstract provided.

New Federal Rules For Pending Cases, M. Anderson Berry, Caroline N. Mitchell

M. Anderson Berry

On Dec. 1, 2010, changes to Rule 26 of the Federal Rules of Civil Procedure (FRCP) extended work-product protection to discovery of draft reports by testifying experts and, with three exceptions, to communications between those experts and retaining attorneys. The amendments also require attorneys relying on experts who will provide testimony - but who are not required to provide a full expert report - to disclose the subject matter of the planned testimony and summarize the facts and opinions that the expert expects to offer.

What is not clear is whether this "attorney-expert work-product doctrine" applies to draft reports and …

The Uncertain State Of Employee Nonsolicitation Clauses In California, Elena K. Kouvabina

Elena K Kouvabina

Employee nonsolicitation clauses continue to be a common feature of employment agreements in California. While Section 16600 of the California Business and Professions Code prohibits contractual restraints on the practice of a lawful profession, trade or business, in 1985, the California Court of Appeal held that employee nonsolicitation clauses do not violate Section 16600 because they do not significantly affect employees’ ability to engage in a lawful profession, trade or business. In a recent decision, however, the California Supreme Court pronounced that Section 16600 is violated even if a covenant does not completely preclude one from engaging in a lawful …

Two Steps Forward, One Step Back: The 2010 Report By The Un Special Representative On Business And Human Rights, Jernej Letnar Cernic

Jernej Letnar Černič

The relationship between human rights law and business has emerged in recent years as one of the most topical to be discussed and put on the agenda almost worldwide. The activities of corporations in this globalized environment have often served as the catalyst for human rights violations; due to the lack of institutional protection, some corporations are able to exploit regulatory lacunae and the lack of human rights protection. On 9 April 2010 Professor John Ruggie, the United Nations Special Representative of the Secretary General on human rights and transnational corporations and other business enterprises, submitted his fifth Report under …

How A Changing Nation Is Fueling The Rise Of Trade Secret Litigation, David S. Almeling

David S. Almeling

Reports of pilfered trade secrets have grown increasingly common, and as recent studies demonstrate, trade secret litigation is on the rise. A 2010 study of the federal courts shows that trade secret litigation has grown exponentially while litigation in general has decreased. And a 2011 study of state courts shows that trade secret litigation is increasing at a faster rate than the rate of litigation in general. This essay asks: Why? Why is trade secret litigation more prevalent than ever? This essay posits — for the first time — explanations for the fact that trade secrets are increasingly important to …

Transfer Pricing And Irc Section 482, Dorothy M. Hong

Dorothy M Hong

Description of recent flux in tax treaties and case laws relating to transfer pricing helpful to those companies doing business with companies based in South Korea complying with IRC Sec. 482.

When Juveniles Face Questioning, Tamar R. Birckhead

Tamar R Birckhead

This op-ed argues that the age of a suspect should be considered when evaluating whether the questioning was custodial, thereby triggering the right to Miranda warnings.

Transfer Pricing And Irc Section 482, Dorothy M. Hong

Dorothy M Hong

Description of the current flux situation with regard to development of tax treaties and case laws relevant to transfer pricing regulations for companies either doing business in or with those based in South Korea complying with IRC Sec. 482.

Disputes Related To Healthcare Across National Boundaries: The Potential For Arbitration, Deth Sao

Deth Sao

Trade in international health services has the potential to play a leading role in the global economy, but its rapid growth is impeded by legal barriers. Advances in technology and cross-border movement of people and health services create legal ambiguities and uncertainties for businesses and consumers involved in transnational medical malpractice disputes. Existing legal protections and remedies afforded by traditional judicial frameworks are unable to resolve the following challenges: (1) assertion of personal jurisdiction; (2) choice of forum and law considerations; (3) appropriate theories of liability for injuries and damages arising from innovations in medical care and delivery of health …

E Um Bom Momento Para Investir, Karl P. Sauvant

Karl P. Sauvant

Interview, “E um bom momento para investor,” by the Brazilian paper O Globo, 21 November 2010.

The Estate Planning Perils Of 2010 And Beyond, Brett T. Bradford

Brett T. Bradford

This paper explores the confusion surrounding the repeal of the federal estate tax for the year 2010. The Economic Growth Tax Relief Reconciliation Act gradually scaled down the federal estate tax and eventually repealed the tax in 2010. The Act has a sunset provision that would return the tax to a much higher rate than has been seen in recent times. This paper explores the history, intent and purpose of federal estate taxes; the intent and purpose behind the repeal in EGTRAA; and what attempts congress has made to fix the mess.

It’S Time To Replace Tsa’S John Pistole Because Of His Lack Of Conflict Resolution Skills, Christopher C. Cooper Dr.

Christopher C. Cooper Dr.

In order to be a solid Law Enforcement leader, one must possess excellent social skills. Included should be expertise in interpersonal conflict resolution. Yes, Pistole has an obligation to keep travelers safe; however, Pistole also has an obligation to guard children from being groped by TSA employees. Pistole has an obligation to allow men and women to be free from exploitation by TSA workers. Since we are country characterized by Democracy, Pistole has an obligation to do what the people ask when the request is reasonable. This obligation extends to all of our federal elected officials. Let us commend the …

The Problem Is A Combative Chief Of U.S. Airport Security, Christopher C. Cooper Dr.

Christopher C. Cooper Dr.

The Transportation Security Administration (TSA) head, John Pistole, has become known by many Americans this week because of his hard-line, inflexible stance that aggressive patdowns of airport passengers will not be modified. As incredulous, although we live in a Democracy, Pistole has implied wrongdoing on the part of the media for airing stories about the aggressive patdowns that are akin to molestation.

Yes, Pistole has an obligation to keep travelers safe; however, Pistole also has an obligation to guard children from being groped by TSA employees. Pistole has an obligation to allow men and women to be free from exploitation …

Determining The Appropriate Interest Rate Under Till In A Bankruptcy Proceeding, C. Paul Wazzan

Christopher P Wazzan

The determination of the appropriate rate of interest in a bankruptcy proceeding is guided by the United States Supreme Court’s decision in Till v. SCS Credit Com. which establishes a formula approach and states one should begin with the Prime Rate and then consider: 1) the circumstances of the bankruptcy estate; 2) the nature of the security; 3) the duration of the reorganization plan; and 4) the feasibility of the reorganization plan. The Supreme Court decision does not specify exactly what these four factors consist of. This paper attempts to superimpose economic principles on the Till decision and provide legal …

Medical Malpractice From A Surgeons Surgical Instruments, Andre77 S. Brown

andre77 S Brown

Hello, My name is Andre Brown and I’m a medical researcher for HNM Medical. I’ve written an article about medical malpractice that I would like to share you to post on your site. You may have full reprint rights to this article as long as you include the 3 links with do follow attributes that I have included in the body. - Please see the attachment for the article

Down The Rabbit Hole: The Madness Of State Film Incentives As As "Solution" To Runaway Production, Adrian H. Mcdonald

Adrian H. McDonald

This working paper is a "sequel" to my first law review article on runaway productions called "Through the Looking Glass": Runaway Productions and "Hollywood Economics," published in The University of Pennsylvania Journal of Labor and Employment Law in August 2007.

Since 2007, there has been a race to the bottom as virtually every state has enacted significant, if not detrimentally generous, tax incentives to lure film and television production. The efficacy of these incentives is evaluated at length, with particular attention paid to the origin and implementation of tax incentives in California, Massachusetts and Louisiana - states with colorful backgrounds …

Mapping The Culture Wars: American Legal Cultural Studies Now, Katie Rose Pryal

Katie Rose Guest Pryal

This article draws connections between cultural studies and legal studies in U.S. legal practice and theory. In the United States, scholars in both cultural studies and legal studies have bridged the academic divide between the two disciplines. Legal scholars have broadened the scope of the work that counts as legal scholarship, pushing into the realm of the cultural. At the same time, culturalcritics have been drawn to the powerful, practical aspects of the law, to the promise the law makes to those wishing to engage in cultural work for social change. This intersection of social power and textual interpretation has …

Studying Japanese Law Because It's There, Tom Ginsburg

Tom Ginsburg

No abstract provided.

Models Of Religious Freedom, Marcel Stuessi Swiss Human Rights Lawyer

Marcel Stüssi

MODELS OF RELIGIOUS FREEDOM

The Swiss, US American, and Syrian models are in this thesis illustrated by way of three representations. The Analytical Representation comprises more than statements of posi-tive law or mechanical comparison. Each chapter is introduced by thought-forms predominant in the respective legal culture. The objective of the Methodological Representation is to investigate the logic and legitimate pattern by which the Swiss and US American judiciary meth-odologically come to the conclusion that an alleged governmental inter-ference is covered under the right to religious freedom. The last dimen-sion, which is the Eclectic Representation, pursues a dual aim. Firstly, the …

“Mystic Infallibility” And “Fancy Devices”: A Conceptual Analysis Of The Application Of The Frye Test, John F. Johnson Iii

John F Johnson III

The Frye test stood as the first widely used test to determine the admissibility of scientific evidence and stood as the majority test until the Supreme Court introduced the Daubert test in 1993. Despite taking a backseat, seventeen jurisdictions, including California, Florida, New York and Pennsylvania, continue to apply the Frye test. The Frye test holds that a when a party provides novel scientific evidence, that party must demonstrate the proffered evidence relies on principles, methodologies, and devices that are generally accepted by the relevant scientific community. Commentators frequently discuss the test’s general acceptance requirement, but ignore the preliminary issue …

Resolving Incompatibilities Of Bilateral Investment Treaties Of The Eu Member States With The Ec Treaty: Individual And Collective Options, Ahmad Ali Ghouri

Ahmad Ali Ghouri

Bilateral Investment Treaties (BITs) concluded by the EU Member States contain substantially similar clauses, including free movement of capital and investor-to-state dispute resolution. Article 307 EC provides for the primacy of pre-accession treaties over the EC Treaty and simultaneously requires the Member States to eliminate their mutual incompatibilities. The European Court of Justice has declared that free movement of capital clauses of Austrian and Swedish pre-accession extra-EU BITs are incompatible with the EC Treaty as they will impede any restrictions on the movement of capital imposed as future Community legislation. A similar ‘free movement of capital’ clause is present in …

Resolving Financial Disputes In The Context Of Global Civil Justice Reform: Will Court Sponsored Mediation Overtake Litigation?, Shahla F. Ali

Shahla F. Ali

In recent years, many countries have increased their use of alternative mechanisms of dispute resolution to resolve a growing number of financial and commercial disputes. This trend has been supported by civil justice reforms taking place throughout the world, including those within the United Kingdom, Hong Kong, Australia, and Canada. Such reforms have aimed at encouraging cost effective, expeditious and amicable case handling within the civil justice system. This paper will analyze the increasing use of mediation to resolve financial and commercial disputes in countries undergoing civil justice reform, review the scope and nature of the civil justice reforms and …

When Enough Is Not Enough: Correcting Market Inefficiencies In The Purchase And Sale Of Residential Property Insurance, Kenneth S. Klein

Kenneth S Klein

Each year at least hundreds, and often thousands of Americans lose their homes to natural disasters striking populated areas, and tens of thousands lose their homes to single-instance fires, floods, or other catastrophes. A recurring storyline is that the majority of these homeowners are underinsured, meaning they have less insurance than it will cost to rebuild their homes. This Article analyzes whether that is indicative of correctible inefficiencies in the residential property insurance markets. The Article identifies two inefficiencies – (1) Inadequate information, which is impairing informed pricing decisions by purchasers; and (2) Dispute costs (such as litigation) in the …