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Articles 1 - 5 of 5

Full-Text Articles in Law

Justice, Mercy, And Craziness, Stephen J. Morse Jul 1984

Justice, Mercy, And Craziness, Stephen J. Morse

Faculty Scholarship at Penn Law

No abstract provided.


The Interpretation Of Contracts Governing Corporate Debt Relationships, William W. Bratton Jan 1984

The Interpretation Of Contracts Governing Corporate Debt Relationships, William W. Bratton

Faculty Scholarship at Penn Law

No abstract provided.


The Economics And Jurisprudence Of Convertible Bonds, William W. Bratton Jan 1984

The Economics And Jurisprudence Of Convertible Bonds, William W. Bratton

Faculty Scholarship at Penn Law

Professor Bratton examines judicial regulation of issuer-bondholder conflicts of interest within three different, but closely related doctrinal frameworks: neoclassical contract interpretation; contract avoidance; and corporate law fiduciary restraint. After discussing the elements of convertible bond valuation and their interaction with issuer actions giving rise to conflicts of interest, he evaluates the case for judicial intervention to protect bondholder interests. He concludes that ·bondholder protective intervention is fair and tolerably efficient, provided it is kept within the bounds of contract interpretation. But he finds that more aggressive judicial intervention under the frameworks of contract avoidance and fiduciary restraint carries an unnecessary ...


The Source Of Law In Civil Rights Cases; Some Old Light On Section 1988, Seth F. Kreimer Jan 1984

The Source Of Law In Civil Rights Cases; Some Old Light On Section 1988, Seth F. Kreimer

Faculty Scholarship at Penn Law

No abstract provided.


Allocational Sanctions: The Problem Of Negative Rights In A Positive State, Seth F. Kreimer Jan 1984

Allocational Sanctions: The Problem Of Negative Rights In A Positive State, Seth F. Kreimer

Faculty Scholarship at Penn Law

No abstract provided.