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The Life (And Death?) Of Corporate Waste, Harwell Wells 2017 Temple University School of Law

The Life (And Death?) Of Corporate Waste, Harwell Wells

Washington and Lee Law Review

At first glance, corporate waste makes no sense. The very definition of waste—a transaction so one-sided that no reasonable business person would enter into it, an act equivalent to gift or “spoliation”—suggests that it would never occur, for what corporation would ever enter into a transaction so absurd? Yet waste claims are regularly made against corporate managers. Respected judges have downplayed waste as a “vestige” and described it as “possibly non-existent,” the Loch Ness monster of corporate law; but waste survives. It is a remnant of ultra vires, a doctrine proclaimed largely dead for the last hundred years—but waste is …


The Board’S Responsibility For Crisis Governance, Lawrence J. Trautman 2017 UC Law SF

The Board’S Responsibility For Crisis Governance, Lawrence J. Trautman

UC Law Business Journal

A clear strategy and implementation plan for reasonably foreseeable industry disasters--- before they take place, helps to prevent mistakes made under conditions of severe stress. Survivalthreatening disasters such as the BP Gulf of Mexico oil spill or natural disasters such as hurricanes, fires, or the March 11, 2011 Japanese earthquake and tsunami, constitute any board’s worse nightmare. I have attempted to draw upon lessons from each of these disasters and explore how they may be applied more generally across all industries when crisis strikes. While effective risk management is perhaps the topic highest on every board's agenda, it is imperative …


Looking Back, Looking Forward: Personal Reflections On A Scholarly Career, David K. Millon 2017 Washington and Lee University School of Law

Looking Back, Looking Forward: Personal Reflections On A Scholarly Career, David K. Millon

Washington and Lee Law Review

No abstract provided.


Reflecting On Three Decades Of Corporate Law Scholarship, Lyman P.Q. Johnson 2017 Washington and Lee University School of Law

Reflecting On Three Decades Of Corporate Law Scholarship, Lyman P.Q. Johnson

Washington and Lee Law Review

No abstract provided.


Too Vast To Succeed, Miriam Baer 2017 Brooklyn Law School

Too Vast To Succeed, Miriam Baer

Faculty Scholarship

No abstract provided.


The Fiduciary Enterprise Of Corporate Law, Christopher M. Bruner 2017 Washington and Lee University School of Law

The Fiduciary Enterprise Of Corporate Law, Christopher M. Bruner

Washington and Lee Law Review

No abstract provided.


Corporate Officers As Agents, Deborah A. DeMott 2017 Duke University School of Law

Corporate Officers As Agents, Deborah A. Demott

Washington and Lee Law Review

No abstract provided.


Repugnant Business Models: Preliminary Thoughts On A Research And Policy Agenda, Claire A. Hill 2017 University of Minnesota Law School

Repugnant Business Models: Preliminary Thoughts On A Research And Policy Agenda, Claire A. Hill

Washington and Lee Law Review

No abstract provided.


Corporate Governance As Moral Psychology, Alan R. Palmiter 2017 Wake Forest University School of Law

Corporate Governance As Moral Psychology, Alan R. Palmiter

Washington and Lee Law Review

No abstract provided.


From Sports Stadiums To The Stock Exchange: The Economic Agency Costs Of Fantex’S Income- Share Agreements With Professional Athletes, Nicole Medeiros 2017 UC Law SF

From Sports Stadiums To The Stock Exchange: The Economic Agency Costs Of Fantex’S Income- Share Agreements With Professional Athletes, Nicole Medeiros

UC Law Business Journal

With the advent of Yahoo! Fantasy Sports, FanDuel, and DraftKings, and other online platforms, sports enthusiasts can not only cheer for their favorite teams, but they can also draft a team of professional athletes, regularly monitor their players’ performances through detailed analytics, and even place friendly wagers. The recent launch of Fantex, a brand marketing and acquisition company, has taken fan engagement to the stock exchange by providing investors an opportunity to purchase stocks linked to their favorite athletes’ earnings. While income-share agreements are not entirely novel, Fantex is the first company to create and securitize income-share agreements with professional …


Daily Fantasy Sports: A Call For Clear Guidelines, Paul Suh 2017 UC Law SF

Daily Fantasy Sports: A Call For Clear Guidelines, Paul Suh

UC Law Business Journal

Professional sports are no longer what they used to be. Imagine rooting for a “fantasy” team that consists of professional athletes, who may or may not have ties to your hometown, from different teams within the same amateur or professional organization. You question whether the countless hours of research spent in drafting your fantasy team were sufficient to win money from other contestants or participants by accruing “fantasy points” based on the statistical performances of individual athletes on a yearly or daily basis.


Gerber Products Co. Order On Plaintiff's Motion To Compel Discovery, Alice D. Bonner 2017 Fulton County Superior Court Judge

Gerber Products Co. Order On Plaintiff's Motion To Compel Discovery, Alice D. Bonner

Superior Court of Fulton County: Metro Atlanta Business Case Division Opinions

No abstract provided.


How Many #Followers Do You Have?: Evaluating The Rise Of Social Media And Issues Concerning In Re Ctli’S Determination That Social Media Accounts Are Property Of The Estate, Patricia A. Leeson 2017 The Catholic University of America, Columbus School of Law

How Many #Followers Do You Have?: Evaluating The Rise Of Social Media And Issues Concerning In Re Ctli’S Determination That Social Media Accounts Are Property Of The Estate, Patricia A. Leeson

Catholic University Law Review

With the rise of social media use, legal disputes have surfaced with litigants looking to the courts to determine issues of ownership and legal authority. As a matter of first impression, a U.S. Bankruptcy Court in Texas held that a Twitter and Facebook social media account were to be regarded as property of the estate pursuant to Section 541 of the Bankruptcy Code. The court analogized the social media accounts to subscriber lists because they provide valuable access to customers. Although the court addressed the question of whether social media applications are to be regarded as property in bankruptcy proceedings, …


The Limits Of Gatekeeper Liability, Andrew F. Tuch 2017 Washington University School of Law

The Limits Of Gatekeeper Liability, Andrew F. Tuch

Washington and Lee Law Review Online

No abstract provided.


Gross Endowment Trust, Llc Et Al., Order On Defendants' Motion For Summary Judgment, Alice D. Bonner 2017 Fulton County Superior Court Judge

Gross Endowment Trust, Llc Et Al., Order On Defendants' Motion For Summary Judgment, Alice D. Bonner

Superior Court of Fulton County: Metro Atlanta Business Case Division Opinions

No abstract provided.


A Glass-Half-Empty Approach To Securities Regulation, Wendy Gerwick Couture 2017 University of Maryland Francis King Carey School of Law

A Glass-Half-Empty Approach To Securities Regulation, Wendy Gerwick Couture

Maryland Law Review

No abstract provided.


Robert L. Nix Order On Motion For Attorney's Fees, John J. Goger 2017 Fulton County Superior Court Judge

Robert L. Nix Order On Motion For Attorney's Fees, John J. Goger

Superior Court of Fulton County: Metro Atlanta Business Case Division Opinions

No abstract provided.


Ainealem "Alex" Gidewon And Ag Entertainment, Inc. Order On Defendants' Second Motion For Summary Judgment, John J. Goger 2017 Fulton County Superior Court Judge

Ainealem "Alex" Gidewon And Ag Entertainment, Inc. Order On Defendants' Second Motion For Summary Judgment, John J. Goger

Superior Court of Fulton County: Metro Atlanta Business Case Division Opinions

No abstract provided.


The Limits Of Performance-Based Regulation, Cary Coglianese 2017 University of Pennsylvania Law School

The Limits Of Performance-Based Regulation, Cary Coglianese

University of Michigan Journal of Law Reform

Performance-based regulation is widely heralded as a superior approach to regulation. Rather than specifying the actions regulated entities must take, performance-based regulation instead requires the attainment of outcomes and gives flexibility in how to meet them. Despite nearly universal acclaim for performance-based regulation, the reasons supporting its use remain largely theoretical and conjectural. Owing in part to a lack of a clear conceptual taxonomy, researchers have yet to produce much empirical research documenting the strengths and weaknesses of performance-based regulation. In this Article, I provide a much-needed conceptual framework for understanding and assessing performance-based regulation. After defining performance-based regulation and …


Rethinking Corporate Governance For A Bondholder Financed, Systemically Risky World, Steven L. Schwarcz 2017 William & Mary Law School

Rethinking Corporate Governance For A Bondholder Financed, Systemically Risky World, Steven L. Schwarcz

William & Mary Law Review

This Article makes two arguments that, combined, demonstrate an important synergy: first, including bondholders in corporate governance could help to reduce systemic risk because bondholders are more risk averse than shareholders; second, corporate governance should include bondholders because bonds now dwarf equity as a source of corporate financing and bond prices are increasingly tied to firm performance.


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