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Articles 1 - 12 of 12
Full-Text Articles in Securities Law
The Failure Of Market Efficiency, William Magnuson
The Failure Of Market Efficiency, William Magnuson
BYU Law Review
Recent years have witnessed the near total triumph of market efficiency as a regulatory goal. Policymakers regularly proclaim their devotion to ensuring efficient capital markets. Courts use market efficiency as a guiding light for crafting legal doctrine. And scholars have explored in great depth the mechanisms of market efficiency and the role of law in promoting it. There is strong evidence that, at least on some metrics, our capital markets are indeed more efficient than they have ever been. But the pursuit of efficiency has come at a cost. By focusing our attention narrowly on economic efficiency concerns—such as competition, …
Nontraditional Investors, Jennifer S. Fan
Nontraditional Investors, Jennifer S. Fan
BYU Law Review
In recent years, nontraditional investors have become a major player in the startup ecosystem. Under the regulatory regime of U.S. securities law, those in the public realm are heavily regulated, while those in the private realm are largely left alone. This public-private divide, which is a fundamental organizing principle of securities law, has eroded with the rise of nontraditional investors. While legal scholars have addressed the impact of some of these nontraditional investors individually, their collective impact on deal terms, deal timelines, due diligence, and board configuration has not been discussed in a holistic manner; neither has their impact on …
Spotify’S Direct Listing And Foreign Private Issuers: Protecting Investors When Foreign Private Issuers List On A U.S. Exchange But Not On Their Home Exchange, Tayler Tanner
BYU Law Review
No abstract provided.
The Importance Of Inferior Voting Rights In Dual-Class Firms, Dov Solomon
The Importance Of Inferior Voting Rights In Dual-Class Firms, Dov Solomon
BYU Law Review
Over the past several years, corporate law scholarship has carefully analyzed the effects of dual-class capital structures, which allocate superior voting rights to insiders and inferior voting rights to public shareholders. This Article adds to the literature by focusing on a unique and novel type of dual-class structure—one in which the public shares have no voting rights at all. It notes that this structure is fundamentally different because in the absence of even highly diluted voting rights in public hands, the firm does not have to abide by certain types of disclosure rules and corporate governance standards. Nonvoting shareholders are …
Contemporary Legal Transplants: Legal Families And The Diffusion Of (Corporate) Law, Holger Spamann Spamann
Contemporary Legal Transplants: Legal Families And The Diffusion Of (Corporate) Law, Holger Spamann Spamann
BYU Law Review
No abstract provided.
The Plight Of The Private Securities Litigation Reform Act In The Post-Enron Era: The Ninth Circuit's Interpretation Of Materiality In Employer-Teamster V. America West, Patrick Hall
BYU Law Review
No abstract provided.
The Business Judgment Rule: How Much Board Deliberation Is Enough When A Board Is Under Time Constraints?-Citron V. Fairchild Camera And Instrument Corp., Jeffrey M. Moss
The Business Judgment Rule: How Much Board Deliberation Is Enough When A Board Is Under Time Constraints?-Citron V. Fairchild Camera And Instrument Corp., Jeffrey M. Moss
BYU Law Review
No abstract provided.
The Eec Merger Regulation And Its Impact On Non-Eec Businesses, Alec Burnside, Carl Meyntjens False
The Eec Merger Regulation And Its Impact On Non-Eec Businesses, Alec Burnside, Carl Meyntjens False
BYU Law Review
No abstract provided.
Company Law In The European Single Market, Richard D. English
Company Law In The European Single Market, Richard D. English
BYU Law Review
No abstract provided.
Corporate Scienter Under The Securities Exchange Act Of 1934, Craig L. Griffin
Corporate Scienter Under The Securities Exchange Act Of 1934, Craig L. Griffin
BYU Law Review
No abstract provided.
Independent Motion Picture Financing: Unregistered Limited Partnership Offerings, James L. Thompson
Independent Motion Picture Financing: Unregistered Limited Partnership Offerings, James L. Thompson
BYU Law Review
No abstract provided.
Tender Offers And Bidder Access To Target Company Shareholder Lists
Tender Offers And Bidder Access To Target Company Shareholder Lists
BYU Law Review
No abstract provided.