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Business Organizations Law Commons

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1990

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Institution
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Articles 61 - 70 of 70

Full-Text Articles in Business Organizations Law

Corporate Regulation And The Origins Of The Corporate Income Tax, Marjorie E. Kornhauser Jan 1990

Corporate Regulation And The Origins Of The Corporate Income Tax, Marjorie E. Kornhauser

Indiana Law Journal

No abstract provided.


Recent Judicial Developments In Delaware Takeover Law, Mark J. Loewenstein Jan 1990

Recent Judicial Developments In Delaware Takeover Law, Mark J. Loewenstein

Publications

No abstract provided.


Just Say No To Whom?, Ronald J. Gilson Jan 1990

Just Say No To Whom?, Ronald J. Gilson

Faculty Scholarship

"Just say no" is the current rallying cry of those seeking to give target management the unrestricted power to block hostile tender offers. Not surprisingly, the turn of phrase chosen by management leaves ambiguous the precise issue on which the debate should turn: To whom does management want the power to say no? As target management poses the issue, it wants to say no to a raider. The image is of stalwart management protecting shareholders against a marauding outsider. However, that image is seriously misleading. In fact, target management seeks the power to say no to its own shareholders.

The …


Delaware's Omnipotent Business Judgment Rule: Who Speaks For The Shareholders, Chris J. Pietrafitta Jan 1990

Delaware's Omnipotent Business Judgment Rule: Who Speaks For The Shareholders, Chris J. Pietrafitta

Villanova Law Review

No abstract provided.


What Triggers Revlon?, Ronald J. Gilson, Reinier Kraakman Jan 1990

What Triggers Revlon?, Ronald J. Gilson, Reinier Kraakman

Faculty Scholarship

Delaware's new approach to takeover law is announced in three cases that address different aspects of management's role in the standard drama of defending against a hostile takeover. Unocal Corp. v. Mesa Petroleum Co. scripts a main act for the drama by prescribing a duty to compare the outsider's offer with the universe of other options and, if necessary, to resist the outsider within the guidelines fixed by the proportionality test. Moran v. Household International, Inc. writes a prologue by encouraging management to plan a vigorous defense that can thwart a coercive offer without damaging the company. Finally, Revlon …


It Does The Crime But Not The Time: Corporate Criminal Liability In Federal Law, Michael E. Tigar Jan 1990

It Does The Crime But Not The Time: Corporate Criminal Liability In Federal Law, Michael E. Tigar

Faculty Scholarship

No abstract provided.


Why Not Good Faith?-The Foibles Of Fairness In Closely Held Corporations, Daniel S. Kleinberger Jan 1990

Why Not Good Faith?-The Foibles Of Fairness In Closely Held Corporations, Daniel S. Kleinberger

Faculty Scholarship

This essay describes the contours of the shareholder’s duty to be fair and explores some of the problems caused by the law’s imprecision in defining the duty of fairness. Because this duty is best understood as a rejection of old norms, part one of this essay describes the traditional doctrines of intra-corporate responsibility. Part two describes the special characteristics of a close corporation and outlines how those characteristics pushed close corporation law to new concepts of fairness and shareholder duties. Part three attempts to delineate those duties of fairness and also to highlight some of the dangers that arise when …


Taxing International Income: An Analysis Of The U.S. System And Its Economic Premises, Hugh Ault, David Bradford Dec 1989

Taxing International Income: An Analysis Of The U.S. System And Its Economic Premises, Hugh Ault, David Bradford

Hugh J. Ault

No abstract provided.


Federal Income Taxation Of Partnerships And S Corporations, Hugh Ault, Paul Mcdaniel, Martin Mcmahon, Daniel Simmons Dec 1989

Federal Income Taxation Of Partnerships And S Corporations, Hugh Ault, Paul Mcdaniel, Martin Mcmahon, Daniel Simmons

Hugh J. Ault

Supplemented by 1991 Supplement to Federal Income Taxation of Partnerships and S Corporations, by McDaniel, Ault, McMahon, and Simmons. Westbury, N.Y.: Foundation Press, 1991; 1992 Supplement to Federal Income Taxation of Partnerships and S Corporations, by McDaniel, Ault, McMahon, and Simmons. Westbury, N.Y.: Foundation Press, 1992.


Legal Opinions In Financial Transactions: Their Purpose And Interpretation, Scott T. Fitzgibbon, Donald W. Glazer Dec 1989

Legal Opinions In Financial Transactions: Their Purpose And Interpretation, Scott T. Fitzgibbon, Donald W. Glazer

Scott T. FitzGibbon

No abstract provided.