Law Commons^™

How Artificial Intelligence Will Shape Securities Regulation, Gabriel Rauterberg

Other Publications

How will the increasing prevalence and sophistication of artificial intelligence (AI) change the doctrine and practice of securities law? My main thesis is that it will push securities regulation toward a more systems-oriented approach. This approach will replace securities law's emphasis, in areas like manipulation, on forms of enforcement targeted at specific individuals and accompanied by punitive sanctions with a greater focus on ex ante rules designed to shape an ecology of actors and information.

Against Judicial Generalists, Matthew L.R. Fletcher

Other Publications

There is something irritatingly wrong with Indian law practice at the Supreme Court.

Oral argument at the Supreme Court is a bitterly unpleasant affair for Indigenous people and tribal advocates for a lengthy variety of reasons. It is canonical that tribal advocates must attempt to avoid Supreme Court review; the strategic thinking is that the Court is the last place an Indian tribe would ever want to be. No Indigenous person has argued a case before the Supreme Court since 2001, approaching a quarter century. Only a tiny handful of Indigenous people have ever clerked for a Supreme Court justice. …

Most-Favored-Nation Drug Pricing—How Courts Could Shape Future Health Regulation, Nicholas Bagley, Craig Garthwaite, Benedic Ippolito

Other Publications

The Trump administration recently issued an Executive Order aimed at delivering most-favored- nation (MFN) drug pricing to the US. The order instructs drug manufacturers to reduce the prices of brand-name drugs to match the lowest price among selected high-income countries. If drug makers do not make significant progress toward this goal, the administration will pursue several strategies to lower prices. Most notably, the Executive Order directs the Secretary of Health and Human Services (HHS) to propose a rule to impose MFN pricing. In all likelihood, the administration will revisit prior efforts to enact MFN pricing through the Center for Medicare …

Transformative Impact Of Ai And Digital Technologies On The Fintech Industry: A Comprehensive Review, Soudeh Pazouki, Behdad Jamshidi, Armia Jalali, Arya Tafreshi

Finance Faculty Publications

This paper examines the impact of artificial intelligence (AI) and digital technologies on the financial technology (FinTech) industry and demonstrates how AI- enabled strategies are increasing the ability of businesses not only to grow, but also to better serve their customers through operational efficiencies. But as immersive as the technological advancements may be, they present challenges in connection with increasingly complicated licensing regulations and a constantly evolving technological landscape. We examine the way AI and algorithms are streamlining workflows, enhancing productivity and expanding access to financial resources for traditionally under – served populations. The paper also discusses the macroeconomic implications …

Measuring The Rapidly Increasing Use Of Artificial Intelligence In Legal Scholarship, Michael Conklin, Christopher Houston

St. Mary's Journal on Legal Malpractice & Ethics

The rapid advancement of artificial intelligence (AI) has had a profound impact on nearly every industry, including legal academia. As AI-driven tools like ChatGPT become more prevalent, they raise critical questions about authorship, academic integrity, and the evolving nature of legal writing. While AI offers promising benefits—such as improved efficiency in research, drafting, and analysis—it also presents ethical dilemmas related to originality, bias, and the potential homogenization of legal discourse.

One of the challenges in assessing AI’s influence on legal scholarship is the difficulty of identifying AI-generated content. Traditional plagiarism-detection methods are often inadequate, as AI does not merely copy …

Co-Constructing The Future Of Digital Intimacy, Chris Geeng, Lucy Qin, Allison Mcdonald, Amna Batool, Diana Freed, Oliver L. Haimson, Jevan Hutson, Elissa M. Redmiles, Zahra Stardust, Miranda Wei, Douglas Zytko

Articles

The Internet, artificial intelligence, and other emerging technologies have transformed the way humans can interact with each other and express romance, sex, and other forms of intimacy. Digital intimacy, including online dating, sexual/intimate content sharing, online sex work, and romantic chatbots, has grown ubiquitous. This can both be a source of great joy, such as when connecting remote partners and supporting sexual self-expression, and a source of harms, including but not limited to image-based sexual abuse, deepfakes, location privacy violations, and technology-enabled intimate partner violence. As new technologies continue to transform digital intimacy, this workshop aims to create a sex-positive …

Curb Their Enthusiasm: Controlling The Discretion Of Creative Prosecutors, Scott Schumacher

Articles

On January 6, 2021, a mob of supporters of then-president Donald Trump stormed the U.S. Capitol Building to disrupt the certification by Congress of the presidential election. Joseph Fischer was a member of that mob, and he was one of the individuals who forced his way into the Capitol Building. He was charged with multiple criminal counts, including obstruction of an official proceeding, in violation of 18 U.S.C. § 1512(c) for allegedly attempting to delay Congress’ election certification. In Fischer v. United States, the United States Supreme Court reversed the obstruction charge, holding that section 1512(c) did not apply to …

Title Page, South Dakota Law Review

South Dakota Law Review

No abstract provided.

Mapping The South Dakota Legislature, John Mccullough

South Dakota Law Review

All state legislatures are unique. Each is rooted in a state’s political tradition and culture. A state legislature carries out its constitutional duties at a specific place— in a capital city and usually in a state capitol building. The setting of legislative activity is not simply a backdrop on a political stage, but rather, it is an integral component of a state’s political story. What makes the South Dakota Legislature’s story “one-of-a-kind” is the location at which it carries out its work. This article maps out that location, showing its distinctiveness among all state legislatures and providing a greater context …

South Dakota's Citizen Legislature: 100 Sessions Of Constancy And Change, Tonnis H. Venhuizen, David K. Wheeler

South Dakota Law Review

The 2025 session of the South Dakota State Legislature marks its 100th regular session, providing an opportunity to reflect on its history and celebrate its role as a citizen-focused, part-time, and accessible institution. Established in 1889, South Dakota’s statehood was shaped by a desire to end the perceived corruption of territorial governance and to create a system rooted in republican principles, limited spending, and agrarian values. The state’s early legislature emphasized fiscal restraint, citizen representation, and rural priorities. Over time, reforms modernized the institution, including changes to apportionment, term limits, and technology, enhancing transparency and public engagement. Women gained representation …

Have Recent Legislative Changes In South Dakota Made Using The Initiated Measure Process More Difficult?, Cory Heidelberger, Teagan Mcnary, Reynold F. Nesiba

South Dakota Law Review

The right of the people to initiate and refer laws has been enshrined in South Dakota’s Constitution since 1898. In recent years, citizen advocates have used the initiated measure process to raise the minimum wage (2014), end payday lending (2016), and expand Medicaid (2022). In November 2020, Amendment A passed with 54% of the vote, legalizing recreational marijuana. However, after judicial review, this result was nullified. While these ballot measures were being organized and promoted, South Dakota’s Republican supermajority legislature and two Republican Governors enacted dozens of changes to the initiative and referendum process. Some of these measures, too, have …

Introduction To Contemporary Facets Of Injustice, Gordon Babst

Political Science Faculty Books and Book Chapters

Injustice itself is too infrequently the subject of direct rumination, with one notable exception being Judith Shklar’s The Faces of Injustice. The chapters in this volume consider some contemporary injustices, revealing their presence in ways that help to explain current issues that range from inequities in food access to the dangers of Christian nationalism, from better understanding how to conceptualize international law, to income disparity and the tax code.

Religious Liberty, Public Accommodations, And Non-Discrimination: A Rapidly Emerging Injustice, Gordon Babst

Political Science Faculty Books and Book Chapters

The decision in Burwell v. Hobby Lobby Stores, Inc., suggested to many that the scope of religious liberty was in a principled, logical way expanded to include free expression rights of corporate entities. It is concerning that many champion the decision as a basis for expanding religious exemptions to non-discrimination law as regards public accommodations, especially since the same reasoning that is being used with respect to the contemporary target of discrimination based in religious belief—American citizens who happen to be in a sexual minority—would apply by analogy, as it once did explicitly, to racial minorities. Unfortunately, given the …

Community Redevelopment Agencies' (Cras) Perceptions Of The Legal, Ethical, Economic, And Financial Impacts On Florida's Redevelopment Since The Passage Of Florida House Bill 9 In 2019, Laurel L. Richmond

Honors Undergraduate Theses

This qualitative study explores the legal, ethical, economic, and financial impacts on Community Redevelopment Agencies (CRAs) following the passage of Florida House Bill (HB) 9 in 2019 by interviewing administrators and attorneys of the oldest Florida CRAs. CRAs are dependent special districts, funded by tax increment financing (TIF), and created to address areas deemed slum, blighted, or facing a shortage of affordable housing. HB 9 intended to address transparency and accountability issues and restore CRA operations and spending back to the original purpose, as authorized by Florida Statute 169.

The findings are timely and novel, given it has been five …

The Efficient Default Rule For Sandbagging In Mergers And Acquisitions: A Limited Pro-Sandbagging Default, Alexis Klimaszewski

Connecticut Law Review

In the area of mergers and acquisitions (“M&A”), a buyer “sandbags” a seller when, knowing the seller has breached—intentionally or unintentionally—a representation or warranty prior to closing, the buyer nonetheless closes the sale and subsequently brings a post-closing indemnification claim. Parties to a merger or acquisition can negotiate a pro- or anti-sandbagging provision; however, the recent trend has been rising instances of silence in M&A agreements. Given the modern majority default rule, the result is that most buyers in the United States hold a sandbagging right; however, default rules are ambiguous, uncertain, and inconsistent across jurisdictions. While sandbagging at first …

Navigating Wastewater: Minnesota Mining Wastewater Permit Challenges And Evolving Compliance Standards, Madelaine Adamich

Journal of Earth and Life Science

February of 2021 marked the beginning of Minnesota clearly establishing that groundwater qualifies as a Class 1 water in a legal battle involving United States Steel, the Minnesota Pollution Control Agency, WaterLegacy, Fond du Lac Band of Lake Superior Chippewa, the Minnesota Court of Appeals, and eventually the Minnesota Supreme Court (MNSC). Minnesota has a water classification system, as required by the federal Clean Water Act, with 7 classes of use. Class 1 waters are waters used for domestic consumption (MPCA 4, n.d.). According to Minnesota Statute § 7050.0220, the acceptable level for sulfate is 250 mg/L in Class 1 …

Informing Choice: The Role Of Adoption In Women’S Pregnancy Decision-Making, Elizabeth R. Kirk, Ryan Hanlon

Notre Dame Journal of Law, Ethics & Public Policy

No abstract provided.

Don’T Trust The Vibes: A Better Test For Pop Music Copyright Infringement, Lauryn M. Sparger

Notre Dame Journal of Law, Ethics & Public Policy

No abstract provided.

Sidgwick’S “Move”: A Reply, T. A. Cavanaugh

Notre Dame Journal of Law, Ethics & Public Policy

No abstract provided.

The Haitian Revolution, Anti-Haitianism, And The Evolution Of Exclusionary Immigration Policy In The United States, Joseph M. Frengel

Student Articles and Papers

No abstract provided.

The Escazú Compliance Mechanism And Its Legitimacy As An Effective Tool For Advocacy, Sarah Dávila A.

UIC Law Open Access Faculty Scholarship

No abstract provided.

Adjusting The Law Librarian Pipeline, David Whelan

UIC Law Open Access Faculty Scholarship

No abstract provided.

Social Justice, Practical Lawyering, And The Elephant In Solitary Confinement: Why Animal Law Belongs In The Legal Writing Classroom, Conley Wouters

UIC Law Open Access Faculty Scholarship

No abstract provided.

A Continuum Of Responsibility: An Examination Of The Human Right To A Healthy Environment Of Present And Future Generations, Sarah Dávila A.

UIC Law Open Access Faculty Scholarship

No abstract provided.

Harmonizing Delegation And Deference After Loper Bright, Kristin Hickman, Amy J. Wildermuth

Articles

By overturning Chevron, the Supreme Court's Loper Bright decision clearly changed the way in which courts must approach agency actions interpreting statutes. But Loper Bright stopped well short of declaring that courts should always ignore agency interpretations and only interpret statutes using their independent judgment. In two critical paragraphs, the Court acknowledged that some statutory provisions delegate discretionary authority to agencies counseled a more restrained judicial review for reasoned decisionmaking when agencies exercise such power. But, whereas Chevron focused nearly exclusively on the statutory word or phrase that an agency was endeavoring to interpret and implement, Loper Bright shifts …

Weaponization Of Taxation: Sovereign Tax Immunity As A National Security Tool, Vinita R. Singh

Articles

Amidst calls to reconceptualize taxation as a national security tool, legislators are reexamining how the United States taxes foreign governments. Federal income taxation of foreign governments—what this Article terms “the law of immunity from taxation” or “sovereign tax immunity”—strongly influences whether and how foreign governments pursue investment in the United States. This impact on international business transactions indicates sovereign tax immunity has the potential to be a powerful national security tool. Yet, despite its import, the law of immunity from taxation has been underexplored and undertheorized. This Article steps into this gap in discourse by challenging the way recent legislative …

The Powers That Perpetuate Child Marriage In India, China, And The United States, Ava Kegler

Undergraduate Honors Theses

Child marriage is a crisis that continues to be practiced in many countries around the world. This is not to discredit the progress that organizations like the United Nations Children’s Fund (UNICEF) and Girls Not Brides have made to aid countries in their process of eliminating child marriage. However, the commitment to completing the UN Sustainable Development Goal (SDG) of ending child marriage by 2030 seems less achievable as we enter 2025. The question this thesis considers is why this goal is challenging to reach. While child marriage is prominent in developing nations, caused by high poverty rates, low education, …

An Eye For An Eye Makes A Vigilant Society, Liam C. Preyer

Capstone Showcase

Vigilantism is one of the oldest practices of mankind; for as long as there have been moral and legal laws to govern us and live by, there have been individuals who have sought justice outside these systems. Vigilantism is the response to failures in the justice system, and in the United States in particular, we have seen examples from the Western Frontier to the modern-day digital landscape. This paper will explore the nature of vigilante justice through historical, psychological, media-driven, legal, and digital lenses. We will explore how cultural narratives, media influences, government actions, and psychological motivations have shaped the …

The Gift Of Exit Financing, Robert W. Miller

Faculty Publications

Aggressive liability management exercises have spilled over into bankruptcy court and exit financing is often the prize in the center of the arena. Debtors no longer rely upon gifting, the traditional strategy for buying plan support. Instead, they can replicate gifting's benefits in a more defensible package by funneling discounted subscription rights to chosen constituencies as part of exit financing.

Recognizing exit financing's distortive power, courts responded by evaluating the quality of negotiations and reviewing precedent transactions. Meanwhile, commentators suggest heightened monitoring and informal guardrails. All of these approaches ignore the shortcomings of judicial valuation. Market testing is the only …

Reflections On The Importance Of Critical Theory To Teaching Environmental Law, Sean Kammer

Faculty Publications

The freedom of students to learn about critical approaches to understanding their world is under sustained political attack. In this time of increasing environmental peril and political dysfunction, Professor Sean M. Kammer reflects upon the importance of critical theory (including Critical Race Theory) to understanding—and ultimately redressing—the related problems of resource scarcity and environmental degradation. While these problems can surely be described in terms of “economic inefficiencies” or “ecological disturbances,” as they most often are, they must also be understood (and taught) as problems of colonial exploitation and violence. For example, one cannot understand Justice John Marshall’s discovery doctrine or …