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Self-Interested Transactions In Corporate Law, Melvin Aron Eisenberg
Self-Interested Transactions In Corporate Law, Melvin Aron Eisenberg
Melvin A. Eisenberg
This Article will consider the rules that govern exchange transactions between a corporation and one or more of the corporation's directors or senior executives. I shall refer to these transactions as self-interested transactions, and I shall take as my text section 5.02 of the Tentative Draft of the ALI's PRINCIPLES OF CORPORATE GOVERNANCE.
Private Ordering Through Negotiation: Dispute-Settlement And Rulemaking, Melvin Aron Eisenberg
Private Ordering Through Negotiation: Dispute-Settlement And Rulemaking, Melvin Aron Eisenberg
Melvin A. Eisenberg
Negotiation is a vital instrument in the private ordering of affairs among disputants and among those who seek to work out rides to guide their future conduct in relation to one another. In this Article, Professor Eisenberg analyzes the way principles, niles, and precedents operate in private negotiation, both in the context of resolving present disputes and in the context of rulemaking to govern future conduct. Professor Eisenberg rejects the widely perceived dichotomy between norm-free negotiation and norm-bound adjudication, and suggests that norms play an integral role in the negotiation process, especially in the resolution of disputes. While granting that …