Business Organizations Law Commons^™

Recent Developments And Future Prospects Of The Common Market, Michael Waelbroeck

Georgia Journal of International & Comparative Law

No abstract provided.

Dismantling Democracy: Common Sense And The Contract Jurisprudence Of Frank Easterbrook, Deborah Post

Touro Law Review

No abstract provided.

Preface To The Gateway Thread, Deborah Post

Touro Law Review

No abstract provided.

Cognition And Common Sense In Contract Law, Beverly Horsburgh, Andrew Cappel

Touro Law Review

No abstract provided.

Common Sense, Contracts, And Law And Literature: Why Lawyers Should Read Henry James, Lenora Ledwon

Touro Law Review

No abstract provided.

Of Contract, Culture, And The Code: Judge Easterbrook And The Cheyenne Indians, John M. Conley

Touro Law Review

No abstract provided.

Common Sense And Contract Law: Fear Of A Normative Planet?, Thomas Joo

Touro Law Review

No abstract provided.

Markovits On Defining Monopolization: A Comment, Keith N. Hylton

Faculty Scholarship

In this comment I focus on Richard Markovits’s definition of monopolization in his new book, Economics and the Interpretation and Application of U.S. and E.U. Antitrust Law (Springer 2014), and also his assertion that monopolization is distributively unjust. I agree wholeheartedly with his approach to defining monopolization, though I might alter a few details. However, I think the distributive justice effects of monopolization are ambiguous.

Stosowanie Kar Pieniężnych W Unijnym I Polskim Prawie Konkurencji W Świetle Wymogów Ochrony Praw Człowieka, Adam Doniec

Monografie CARS/CARS Monographs

Przedmiotem pracy jest prawna analiza norm regulujących stosowanie kar pieniężnych w unijnych i polskich postępowaniach z zakresu ochrony konkurencji pod kątem przestrzegania standardów ochrony praw człowieka. Podstawowy cel tej pracy stanowi odpowiedź na pytanie, czy w polskim i unijnym systemie stosowania kar pieniężnych za naruszenie prawa konkurencji respektowane są wymogi ochrony praw człowieka. Żeby odpowiedzieć na to pytanie autor przedstawia znaczenie i zakres wybranych praw człowieka, a następnie wskazuje (po krótkiej analizie norm regulujących stosowanie kar pieniężnych przez organy ochrony konkurencji), które elementy systemu stosowania kar pieniężnych w unijnym i polskim prawie konkurencji mogą potencjalnie zagrażać wybranym prawom. Analiza ta …

Economic Ideology And The Rise Of The Firm As Criminal Enterprise, June Carbone, William K. Black

Faculty Works

No abstract provided.

Przemiany W Polskim Sektorze Pocztowym, Tadeusz Skoczny

Monografie CARS/CARS Monographs

Książka zawiera materiały z I Ogólnopolskiej Konferencji Naukowej pn. Przemiany w polskim sektorze pocztowym, zorganizowanej 9 listopada 2015 r. na WPiA UŁ przez Naukowe Koło Prawa Energetycznego i Innych Sektorów Infrastrukturalnych Uniwersytetu Łódzkiego pod patro­natem honorowym Prezesa UKE oraz patronatem CARS, Krajowej Izby Radców Prawnych, Łódzkiego Towarzystwa Naukowego oraz Ogólnopolskiego Związku Pracodawców Niepublicznych Operatorów Pocztowych. Zasadniczym celem konferencji było przeanalizowanie przemian zachodzących w polskim sektorze pocz­towym, w tym w szczególności postępów w zakresie liberalizacji rynków usług pocztowych. Dyskusji poddano jednak nie tylko regulacyjne wa­runki liberalizacji tych rynków oraz zapewnienia świadczenia powszechnych usług poc

Dochodzenie Przed Sądem Polskim Roszczeń Odszkodowawczych Z Tytułu Reguł Konkurencji, Anna Piszcz, Dominik Wolski

Monografie CARS/CARS Monographs

Książka „Dochodzenie przed sądem polskim roszczeń odszkodowawczych z tytułu reguł konkurencji” pod redakcją Anny Piszcz i Dominika Wolskiego jest rezultatem pracy zespołu autorów, analizującego postanowienia dyrektywy Parlamentu Europejskiego i Rady 2014/104/UE z 26 listopada 2014 r. w sprawie niektórych przepisów regulujących dochodzenie roszczeń odszkodowawczych z tytułu naruszenia prawa konkurencji państw członkowskich i Unii Europejskiej, objęte przepisami prawa krajowego (tzw. dyrektywy odszkodowawczej) oraz możliwości ich transpozycji do prawa polskiego. Państwa członkowskie mają do 27 grudnia 2016 r. wprowadzić w życie przepisy ustawowe, wykonawcze i administracyjne konieczne do jej wykonania. Układ książki wynika z przyjęcia przez autorów za punkt wyjścia struktury dyrektywy …

Economics Of Competition Protection. Vertical Restraints/Ekonomia Ochrony Konkurencji. Ograniczenia Wertykalne, Anna Fornalczyk, Tadeusz Skoczny

Monografie CARS/CARS Monographs

Niniejsza publikacja prezentuje dorobek międzynarodowej konferencji zorganizowanej przez Urząd Ochrony Konkurencji i Konsumentów (UOKiK) oraz Centrum Studiów Antymonopolowych i Regulacyjnych (CARS) WZ UW. Konferencja, która odbyła się w dniach 13-14 października w Warszawie, zgromadziła wybite grono prawników ze Stanów Zjednoczonych, Komisji Europejskiej oraz wielu innych praktyków z państw członkowskich Unii Europejskiej zajmujących się prawem konkurencji. Obecni byli również przedstawiciele świata naukowego z Polski i z zagranicy. Uczestnicy i uczestniczki konferencji wykazali się aktywnym udziałem w dyskusjach panelowych, wygłosili referaty naukowe, a także skorzystali z okazji, aby wymienić się opiniami i doświadczeniem zawodowym. […] cechą szczególną wyróżniającą tę publikację jest to, …

The Pendulum Swings: Reconsidering Corporate Criminal Prosecution, David M. Uhlmann

Articles

Corporate crime continues to occur at an alarming rate, yet disagreement persists among scholars and practitioners about the role of corporate criminal prosecution. Some argue that corporations should face criminal prosecution for their misconduct, while others would reserve criminal prosecution for individual corporate officials. Perhaps as a result of this conflict, there has been a dramatic increase over the last decade in the use of deferred prosecution and non-prosecution agreements for some corporate crimes, even as the government continues to bring criminal charges for other corporate crimes. To move beyond our erratic approach to corporate crime, we need a better …

The Abstract Void In Practice: Has The Statutory Business Judgment Rule Changed The ‘Acoustic Separation’ Between Conduct And Decision Rules For Directors’ Duty Of Care?, Sergio Alberto Gramitto Ricci, Jake Miyairi

Faculty Works

A recent outpouring of director sentiment claims that the stringency of directors’ duty of care is stifling entrepreneurial growth. This article explores whether the statutory business judgment rule has enhanced directors’ protection for legitimate commercial decisions, or clarified their liability for due care — the two express justifications behind its enactment. Directors’ protection for entrepreneurial decision-making cannot be amplified without broadening the pre-existing abstract void between the duty of care — as a conduct rule — and the general law ‘business judgment principle’ — as a decision rule. But Parliament’s desire to clarify and confirm the existing general law business …

Merger And Acquisition Due Diligence Part Ii- The Devil In The Details, James A. Sherer, Taylor M. Hoffman, Kevin M. Wallace, Eugenio E. Ortiz, Trevor J. Satnick

Richmond Journal of Law & Technology

Our prior scholarship examined the legal and technical challenges involved in modern Merger & Acquisition ("M&A") due diligence practices associated with transactions ("Deals"), given recent but steady advances in technology and related increases in sophistication seen in Deal participants-primarily the organizations or assets targeted (the "Targets") as part of the Deal, and the organizations that pursued and/or resulted from the Deal (the "Acquirers"). We then proposed a framework addressing five particular verticals of interest and concern: data privacy ("DP"), information security ("IS"), e-Discovery, information governance ("IG"), and the due diligence and record keeping associated with the Deal itself ("Deal Information") …

Overlapping Financial Investor Ownership, Market Power, And Antitrust Enforcement: My Qualified Agreement With Professor Elhauge, Jonathan Baker

Scholarly Articles in Law Reviews & Journals

As is well known among financial economists but not previously recognized within the antitrust community, large and diversified institutional investors such as BlackRock, Fidelity, State Street, and Vanguard collectively own roughly two-thirds of the shares of publicly traded U.S. firms overall, up from about one-third in 1980. Recent economic research involving airlines and banking raises the possibility that overlapping ownership of horizontal rivals by diversified financial institutions facilitates anticompetitive conduct throughout the economy, and that the problem has been growing for decades, unnoticed until now. This response to an article by Professor Einer Elhauge, explains why it may be more …

The New Road To Serfdom: The Curse Of Bigness And The Failure Of Antitrust, Carl T. Bogus

University of Michigan Journal of Law Reform

This Article argues for a paradigm shift in modern antitrust policy. Rather than being concerned exclusively with consumer welfare, antitrust law should also be concerned with consolidated corporate power. Regulators and courts should consider the social and political, as well as the economic, consequences of corporate mergers. The vision that antitrust must be a key tool for limiting consolidated corporate power has a venerable legacy, extending back to the origins of antitrust law in early seventeenth century England, running throughout American history, and influencing the enactment of U.S. antitrust laws. However, the Chicago School’s view that antitrust law should be …

Revising The U.S. Vertical Merger Guidelines: Policy Issues And An Interim Guide For Practitioners, Steven C. Salop, Daniel P. Culley

Georgetown Law Faculty Publications and Other Works

Mergers and acquisitions are a major component of antitrust law and practice. The U.S. antitrust agencies spend a majority of their time on merger enforcement. The focus of most merger review at the agencies involves horizontal mergers, that is, mergers among firms that compete at the same level of production or distribution.

Vertical mergers combine firms at different levels of production or distribution. In the simplest case, a vertical merger joins together a firm that produces an input (and competes in an input market) with a firm that uses that input to produce output (and competes in an output market). …

Newsroom: Fcc's Sohn On Consumer Protection, Roger Williams University School Of Law

Life of the Law School (1993- )

No abstract provided.

Cguppi: Scoring Incentives To Engage In Parallel Accommodating Conduct, Serge Moresi, David Reitman, Steven C. Salop, Yianis Sarafidis

Georgetown Law Faculty Publications and Other Works

We propose an index for scoring coordination incentives, which we call the “coordination GUPPI” or cGUPPI. While the cGUPPI can be applied to a wide range of coordinated effects concerns, it is particularly relevant for gauging concerns of parallel accommodating conduct (PAC), a concept that received due prominence in the 2010 U.S. Horizontal Merger Guidelines. PAC is a type of coordinated conduct whereby a firm raises price with the expectation—but without any prior agreement—that one or more other firms will follow and match the price increase. The cGUPPI is the highest uniform price increase that all the would-be coordinating firms …

Trending @ Rwulaw: Susan Schwab Heyman's Post: Defining The Boundaries Of Insider Trading, Susan Schwab Heyman

Law School Blogs

No abstract provided.

Why Martha Stewart Did Not Violate Rule 10b-5: On Tipping, Piggybacking, Front-Running And The Fiduciary Duties Of Securities Brokers©, Ray J. Grzebielski

Akron Law Review

This article will set out to show that Martha Stewart did not engage in insider trading. First, the article will present the legal standards for insider trading. Then, the article will examine whether Martha Stewart received an improper tip from Sam Waksal, the president of ImClone and a personal friend of Martha Stewart. The article will then proceed to look at whether Martha Stewart’s knowledge of Waksal’s attempted trading constituted material nonpublic information on which she improperly traded. Lastly, the article will examine whether Peter Bacanovic’s breach of Merrill Lynch’s confidentiality policy in telling Martha Stewart of another customer’s trading …

International Implications Of The 1982 Merger Guidelines, Vincent Draa

Georgia Journal of International & Comparative Law

No abstract provided.

The Federal Question In Patent-License Cases, Amelia Rinehart

Utah Law Faculty Scholarship

The jurisdictional rules that determine whether a license case arises under the patent laws are cumbersome and expensive for courts and litigants alike. Gunn v. Minton, a recent patent-malpractice case raising very different concerns than the ones raised in license cases, will only add to the inconsistency, inefficiency, and uncertainty that surround this “dark corridor” of federal-question jurisdiction. The time has come for a new assessment of arising-under jurisdiction in patent cases that reduces these burdens, promotes uniformity, encourages patent challenges, and reflects Congress’s intent to carry federal patent questions into federal courts.

Tax Reform Act Of 1984 - International Related-Party Factoring - A Major Tax Loophole For Multinational Corporations Is Closed, Phil Conner

Georgia Journal of International & Comparative Law

No abstract provided.

Trending@Rwu Law: Professor Carl Bogus's Post: When Corporations Grow Too Powerful: Reviving An Old Debate, Carl Bogus

Law School Blogs

No abstract provided.

Balance And Team Production, Kelli A. Alces

Seattle University Law Review

For decades, those holding the shareholder primacy view that the purpose of a corporation is to earn a profit for its shareholders have been debating with those who believe that corporations exist to serve broader societal interests. Adolph Berle and Merrick Dodd began the conversation over eighty years ago, and it continues today, with voices at various places along a spectrum of possible corporate purposes participating. Unfortunately, over time, the various sides of the debate have begun to talk past each other rather than engage with each other and have lost sight of whatever common ground they may be able …

The Boundaries Of "Team" Production Of Corporate Governance, Anthony J. Casey, M. Todd Henderson

Seattle University Law Review

We examine the cooperative production of corporate governance. We explain that this production does not occur exclusively within a “team” or “firm.” Rather, several aspects of corporate governance are quintessentially market products. Like Blair and Stout, we view the shareholder as but one of many stakeholders in a corporation. Where we depart from their analysis is in our view of the boundaries of a firm. We suggest that they overweight the intrafirm production of control. Focusing on the primacy of a board of directors, Blair and Stout posit a hierarchical team that governs the economic enterprise. We observe, however, that …

The Team Production Model As A Paradigm, Brian R. Cheffins

Seattle University Law Review

Margaret Blair and Lynn Stout suggested a few years after the publication of their 1999 Virginia Law Review article, A Team Production Theory of Corporate Law, that their team production model was poised to emerge as part of a new corporate law “paradigm.” In so doing, they specifically invoked Thomas Kuhn’s well-known analysis of scientific revolutions. This Article revisits Blair and Stout’s team production theory by offering a critique of their claim that their model is destined to become a new corporate law paradigm in the Kuhnian sense. In so doing the Article draws upon key corporate law theories and …