Business Organizations Law Commons^™

Intermediating Crowdfunding: A Foundational Assessment, Joan Macleod Heminway

Book Chapters

No abstract provided.

Donald Weidner And The Modern Law Of Partnerships, Robert W. Hillman

Florida State University Law Review

No abstract provided.

What Is A Board Attorney's Duty When The Board Takes Action Detrimental To The Organization The Board Represents?

Nova Law Review

In 1973, board members of the Ford Motor Company circulated a memo that addressed an issue in the manufacturing of one of its cars, the Ford Pinto.

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 …

Judgment Without Notice: The Unconstitutionality Of Constructive Notice Following Citizens United, Carliss N. Chatman

Scholarly Articles

Citizens United v. Federal Election Commission positions a corporation as an entity entitled to constitutional rights equal to the rights of natural persons. In many situations, this holding may be the impetus for reform and reconsideration of state restrictions on corporate rights that were problematic before the decision. The operation of corporate statutes on corporations chartered in one state but doing business in another state as a foreign corporation is an area in need of this Citizens United-inspired review. Although most corporations operate as foreign corporations outside of their state of incorporation, neither the constitutional validity of corporate withdrawal …

Justice Stevens And Securities Law, Lyman P.Q. Johnson, Jason A. Cantone

Scholarly Articles

In this Article, we tell the overlooked story of Justice Stevens's important role in Supreme Court securities law decisions. In Part I, where we briefly highlight Stevens's career before his 1975 appointment to the Supreme Court, we observe that we can identify no evident interest in or connection to federal securities law or the securities industry, making his contributions all the more remarkable. The only foreshadowing of his prolific opinion-writing on the subject of securities law was his voluminous writing of opinions, in general, while serving on the Seventh Circuit Court of Appeals. This commitment to authoring opinions stemmed, in …

Fortifying The Rights Of Unauthorized Immigrant Workers: Why Employee-Focused Incentives Under The Nlra Would Help End The Cycle Of Labor Rights Abuse, Caitlin E. Delaney

Journal of Law and Policy

Over the past several decades, there has been an unmistakable tension between labor law and immigration law in the United States. That tension, addressed by the Supreme Court most recently in 2001, still exists for unauthorized immigrant workers who wish to assert their labor rights under the National Labor Relations Act (NLRA). While the Obama Administration has made significant strides in easing the concerns that unauthorized immigrant workers may have before filing an NLRA claim, the unavailability of the back pay remedy and the uncertainty of protection from immigration authorities leave little incentive for such workers to assert their labor …

Where Are The Jobs In The Jobs Act? An Examination Of The Uneasy Connection Between Securities Disclosure And Job Creation, Ian K. Peck

American University Business Law Review

No abstract provided.

Protecting Delaware Corporate Law: Section 115 And Its Underlying Ramifications, Andrew Holt

American University Business Law Review

No abstract provided.

The Business Of Art Theft: Assessing Auction House Standard Of Care And The Sale Of Stolen Cultural Property, Alexandra M.S. Wilson

American University Business Law Review

No abstract provided.

A Step Too Far: Recent Trends In Corporate Personhood And The Overexpansion Of Corporate Rights, 49 J. Marshall L. Rev. 889 (2016), James Wright

UIC Law Review

No abstract provided.

Lack Of Marketability And Minority Discounts In Valuing Close Corporation Stock: Elusiveness And Judicial Synchrony In Pursuit Of Equitable Consensus, Stephen J. Leacock

Faculty Scholarship

No abstract provided.

Making Corporate Law More Communitarian: A Proposed Response To The Roberts Court's Personification Of Corporations, Robert M. Ackerman, Lance Cole

Brooklyn Law Review

Both Citizens United and Hobby Lobby are notable for the Roberts Court’s personification of the corporation. In Citizens United, the United States Supreme Court expanded corporate speech rights in a political context; in Hobby Lobby, it accorded religious rights to corporations in an unprecedented manner. This article explains how the Court’s expansion of corporate personification has ignored both traditional corporate law doctrine regarding shareholder primacy and the fundamental distinction in corporate law between the corporate entity and the shareholders who control it.

The article takes a communitarian approach to corporate law analysis, recognizing that corporations play useful roles …

The New Governance And The Challenge Of Litigation Bylaws, Jill E. Fisch

Brooklyn Law Review

Corporate governance mechanisms designed to ensure that managers act in shareholders’ interest have evolved dramatically over the past 40 years. “Old governance” mechanisms such as independent directors and performance-based executive compensation have been supplemented by innovations that give shareholders greater input into both the selection of directors and ongoing operational decisions. Issuer boards have responded with tools to limit the exercise of shareholder power both procedurally and substantively. This article terms the adoption and use of these tools, which generally take the form of structural provisions in the corporate charter or bylaws, the “new governance.”

Delaware law has largely taken …

Dissecting Hobby Lobby'S Corporate Person: A Procedural Proposal For Aligning Corporate Rights And Responsibilities, Andrew J. Fleming

Brooklyn Law Review

Over the years, the U.S. Supreme Court’s corporate personhood decisions have allowed for the corporation to become increasingly more “person-like” by recognizing corporate constitutional rights that were previously reserved for flesh-and-blood human beings. Yet in cases where the rights of corporations are evaluated, the Court’s analysis flows from an axiomatic conceptualization of the corporation as a static, theoretical being, as if plucked straight from a business organizations law school textbook. The result is a gulf between corporate rights as “persons” and corporate legal responsibilities. Nowhere is that gulf more evident than in the Court’s personal jurisdiction jurisprudence. In particular, this …

Entity Exit: Rights, Remedies, And Bounded Rationality, Mark Anderson

Articles

No abstract provided.

Issues Arising Upon The Death Of The Sole Member Of A Single-Member Llc, F. Philip Manns Jr., Timothy M. Todd

Marquette Law Review

Sole entrepreneurs overwhelmingly choose the single-member limited liability company (SMLLC) as the business entity for their operations. Consequently, simplicity of formation and operation of SMLLCs is highly desirable, both to facilitate entrepreneurship and to acknowledge that costs, lack of knowledge, bad advice, or a combination of them very often will cause sole entrepreneurs to forego professionally drafted documents and accept default SMLLC rules in the jurisdiction of formation.

The death of the sole member is always an anticipated, indeed inevitable, occurrence, so one would expect that the default statutory rules and the widely available forms for SMLLCs would address this …

The Development And Evolution Of The U.S. Law Of Corporate Criminal Liability And The Yates Memo, Sara Sun Beale

Faculty Scholarship

No abstract provided.

Bad Math: State-Centric Anti-Corruption Enforcement + International Information Sharing Agreements = Conflicting Corporate Incentives, Matthew Reeder

The International Lawyer

No abstract provided.

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

Faculty Works

No abstract provided.

Wait, Wait, Don’T Tell Me: Accountability, Plausible Deniability, Model Rule 1.13, And The Role Of Corporate Counsel In An Age Of Enhanced Monitoring, Irma S. Russell

Faculty Works

No abstract provided.

Contractual Mechanisms Of Investor Protection In Non-Listed Limited Liability Companies, Suren Gomstian

Villanova Law Review (1956 - )

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, …

Charitable Choices: The Need For A Uniform Nonprofit Limited Liability Company Act (Unllca), Kenya J. H. Smith

University of Michigan Journal of Law Reform

Uniform laws serve an important role in our society, balancing state autonomy and the need to provide consistent solutions to common problems among the states. The Uniform Law Commission (ULC) is the preeminent authority that promulgates uniform laws. To date, the ULC has promulgated over 150 uniform and model acts. ULC tackles a wide array of issues, including child custody and protection, probate, electronic records, and commercial law. The ULC aims to “provide[ ] states with non-partisan, well-conceived and well-drafted legislation that brings clarity and stability to critical areas of state statutory law.”

A Rational Approach To Business Entity Choice, Eric H. Franklin

Scholarly Works

This Article reinvigorates the entity rationalization movement and will ultimately argue that there are only three necessary entity options: corporations, partnerships, and nonprofit organizations. Part I defines the issue of entity proliferation and, along with the Appendix, presents a state-by-state analysis of the types of legal entities available, an endeavor that has not yet been conducted. The Appendix contains a chart that enumerates each legal entity available in each of the fifty states and the District of Columbia. Part II discusses the problems associated with entity proliferation from the perspective of the public, potential business owners, small business attorneys, and …

The Business Of Treaties, Melissa J. Durkee

Articles

Business entities play important and underappreciated roles in the production of international treaties. At the same time, international treaty law is hobbled by state-centric presumptions that render its response to business ad hoc and unprincipled.

This Article makes three principal contributions. First, it draws from case studies to demonstrate the significance of business participation in treaty production. The descriptive account invites a shift from attention to traditional lobbying at the domestic level and private standard-setting at the transnational level to the ways business entities have become autonomous international actors, using a panoply of means to transform their preferred policies into …

Follow The Money: A Discussion Of The Organisation For Economic Co-Operation And Development’S Base Erosion And Profit Shifting Project: Has The Us Taken Steps To Adopt A Global Solution To This Worldwide Problem?, Claire Arritola

University of Miami Business Law Review

This article looks at the recent actions taken by the Organisation for Economic Co-operation and Development (OECD) to prevent hybrid mismatches and tax base erosion. These actions have come in the form of the “Action Plan for Base Erosion and Profits” (BEPS). BEPS has spanned from 2013 to 2015 and has been the collaborative effort of representatives from 34 countries (with much help from the G-20 countries) as well as input from other non-member countries. Through this project, the OECD seeks to eradicate the problems caused by the current corporate tax structure and the tendency of countries to choose country-specific …

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 …