The Need For Corporate Guardrails In U.S. Industrial Policy,
2024
Seattle University School of Law
The Need For Corporate Guardrails In U.S. Industrial Policy, Lenore Palladino
Seattle University Law Review
U.S. politicians are actively “marketcrafting”: the passage of the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act collectively mark a new moment of robust industrial policy. However, these policies are necessarily layered on top of decades of shareholder primacy in corporate governance, in which corporate and financial leaders have prioritized using corporate profits to increase the wealth of shareholders. The Administration and Congress have an opportunity to use industrial policy to encourage a broader reorientation of U.S. businesses away from extractive shareholder primacy and toward innovation and productivity. This Article examines discrete opportunities within the …
Securities Regulation And Administrative Deference In The Roberts Court,
2024
Seattle University School of Law
Securities Regulation And Administrative Deference In The Roberts Court, Eric C. Chaffee
Seattle University Law Review
In A History of Securities Law in the Supreme Court, A.C. Pritchard and Robert B. Thompson write, “Securities law offers an illuminating window into the Supreme Court’s administrative law jurisprudence over the last century. The securities cases provide one of the most accessible illustrations of key transitions of American law.” A main reason for this is that the U.S. Securities and Exchange Commission (SEC) is a bellwether among administrative agencies, and as a result, A History of Securities Law in the Supreme Court is a history of administrative law in the Supreme Court of the United States as well.
Delegated Corporate Voting And The Deliberative Franchise,
2024
Seattle University School of Law
Delegated Corporate Voting And The Deliberative Franchise, Sarah C. Haan
Seattle University Law Review
Starting in the 1930s with the earliest version of the proxy rules, the Securities and Exchange Commission (SEC) has gradually increased the proportion of “instructed” votes on the shareholder’s proxy card until, for the first time in 2022, it required a fully instructed proxy card. This evolution effectively shifted the exercise of the shareholder’s vote from the shareholders’ meeting to the vote delegation that occurs when the share-holder fills out the proxy card. The point in the electoral process when the binding voting choice is communicated is now the execution of the proxy card (assuming the shareholder completes the card …
Capitalism Stakeholderism,
2024
Seattle University School of Law
Capitalism Stakeholderism, Christina Parajon Skinner
Seattle University Law Review
Today’s corporate governance debates are replete with discussion of how best to operationalize so-called stakeholder capitalism—that is, a version of capitalism that considers the interests of employees, communities, suppliers, and the environment alongside (if not before) a company’s shareholders. So much focus has been dedicated to the question of capitalism’s reform that few have questioned a key underlying premise of stakeholder capitalism: that is, that competitive capitalism does not serve these various constituencies and groups. This Essay presents a different view and argues that capitalism is, in fact, the ultimate form of stakeholderism. As such, the Essay urges that the …
The Esg Information System,
2024
Seattle University School of Law
The Esg Information System, Stavros Gadinis, Amelia Miazad
Seattle University Law Review
The mounting focus on ESG has forced internal corporate decision-making into the spotlight. Investors are eager to support companies in innovative “green” technologies and scrutinize companies’ transition plans. Activists are targeting boards whose decisions appear too timid or insufficiently explained. Consumers and employees are incorporating companies sustainability credentials in their purchasing and employment decisions. These actors are asking companies for better information, higher quality reports, and granular data. In response, companies are producing lengthy sustainability reports, adopting ambitious purpose statements, and touting their sustainability credentials. Understandably, concerns about greenwashing and accountability abound, and policymakers are preparing for action.
In this …
Table Of Contents,
2024
Seattle University School of Law
Table Of Contents, Seattle University Law Review
Seattle University Law Review
Table of Contents
The Marijuana Insurgency: Federalism And Social Reframing In Policy Reform,
2024
Seattle University School of Law
The Marijuana Insurgency: Federalism And Social Reframing In Policy Reform, Matthew P. Cavedon
Seattle University Law Review
After fifty years of federal prohibition, marijuana reform efforts have won political and legal success. These victories hold lessons for anyone seeking to resist federal law without being able to directly affect it.
Victory can come from reframing an issue. For marijuana reform, social reframing—not formal legal analysis or material factors—provides the best explanation for how advocates achieved change. Their unconventional political tactics, akin to those used by insurgents in wartime, undercut federal prohibition by winning hearts and minds.
This is an analysis of the sociology of legal change. It is also the story of how ordinary Americans retook personal …
What Is In Your Tampon? Increasing Transparency In Menstrual Products,
2024
Seattle University School of Law
What Is In Your Tampon? Increasing Transparency In Menstrual Products, Elianna Spitzer
Seattle University Law Review
The average person who menstruates will bleed for an average of five days, every twenty-four to thirty-eight days, over several decades and could use thousands of disposable menstrual products in their lifetime. Menstrual products line retail shelves. They can be found in homes, bags, and bodies—but until 2021, manufacturers were not required to disclose the ingredients used to make these products to consumers at all. In fact, they still are not federally required to disclose menstrual product ingredients on product packaging. Instead, in recent years, changes to menstrual product labels have largely been the result of state legislation. In 2019, …
Review Of Veterans Law Decisions Of The Federal Circuit 2022-2023 Edition,
2024
American University Washington College of Law
Review Of Veterans Law Decisions Of The Federal Circuit 2022-2023 Edition, Yelena Duterte, Hugh Mcclean, Stacey-Rae Simcox
American University Law Review
In 2022 to 2023, the U.S. Court of Appeals for the Federal Circuit (“Federal Circuit”) continued its conversation with the Court of Appeals for Veterans Claims (“Veterans Court”), Department of Veterans Affairs (“VA”), and veterans to help sculpt the jurisprudence coming from the youngest of the federal courts, the Veterans Court. The Federal Circuit’s jurisprudence addressed ten main legal issues: class actions, petitions for writ of mandamus under the All Writs Act, defining standards of proof with the term “results from,” the benefit of the doubt doctrine post-Lynch, education benefits, less than honorable discharges, the rating schedule, implicit denials, equitable …
A Year In Review: The Federal Circuit's 2023 Government Contract Law Decisions,
2024
American University Washington College of Law
A Year In Review: The Federal Circuit's 2023 Government Contract Law Decisions, Sophie Marsh, Taylor Mcdaniels, Allison Moors
American University Law Review
This Article continues previous in-depth reviews of government contract law cases decided by the Federal Circuit and published by the American University Law Review. In 2023, the Federal Circuit clarified the appropriate standard of review, emphasizing that, more likely than not, the Boards of Contract Appeals should apply a de novo standard of review. Additionally, the court set significant judicial precedent by holding that the issues of party standing, timely raising a solicitation defect, and asserting a sum certain are nonjurisdictional. Finally, the court also issued decisions concerning implied-in-fact contracts, excusable delays, and the importance of reporting unallowable costs.
The Difference A Da Makes,
2024
St. Mary's University School of Law
The Difference A Da Makes, Victoria M. Smiegocki, Shem Vinton, Pamela R. Metzger
Faculty Articles
During his 2018 campaign to become Dallas County District Attorney, John Creuzot promised to decline prosecution of low-level marijuana misdemeanors. After his election, District Attorney Creuzot (DA Creuzot) honored this campaign promise, issuing policies designed to radically reduce misdemeanor marijuana prosecutions. Analyzing qualitative and quantitative data, the authors describe police enforcement changes associated with the Dallas County District Attorney's Office's (DAO) marijuana prosecution policies. The authors also explore how the
DAO's Intake Unit successfully implemented and enforced these marijuana prosecution policies.
The authors show that DA Creuzot's policies were associated with a significant decrease in marijuana misdemeanor arrests and an …
Brief Of Professor Derek T. Muller As Amicus Curiae In Support Of Neither Party,
2024
Hacker Stephens LLP
Brief Of Professor Derek T. Muller As Amicus Curiae In Support Of Neither Party, Heather Gebelin Hacker, Derek T. Muller
Court Briefs
No. 23-719
Donald J. Trump v. Norma Anderson
On Writ of Certiorari to the Supreme Court of Colorado
From the Summary of Argument
States hold the power to adjudicate the qualifications of presidential candidates. That power extends to the general election, even though the election is formally a process to appoint presidential electors. And that power extends to the primary election, even though state voters are formally selecting delegates to a party’s nominating convention. But states have no obligation to evaluate the qualifications of presidential candidates, and states may choose to permit openly unqualified presidential candidates to appear on the …
The Constitutional Multiverse: A Retroactive Analysis Of Hemphill V. New York,
2024
Albany Law School
The Constitutional Multiverse: A Retroactive Analysis Of Hemphill V. New York, Michael C. Wetmore
Loyola University Chicago Law Journal
In 2022, the Supreme Court was asked the question: May a criminal defendant “open the door” to evidence that it is otherwise inadmissible because of their Sixth Amendment right to confront adversarial witnesses? It is not unheard of that, at trial, a defendant’s attorney makes arguments that prosecutors and judges think will mislead the jury. Many times, these arguments reference evidence that—by evidentiary rule, pretrial ruling, or otherwise—is inadmissible. Trial courts have long been afforded the discretion to measure how much evidence can come through the door a defendant opens by raising these arguments to cure any false impression that …
An Unconstitutional Band-Aid: The Practice Of Sitting By Designation In The Federal Judiciary,
2024
Candidate for Juris Doctor, Roger Williams University School of Law, Class of 2024
An Unconstitutional Band-Aid: The Practice Of Sitting By Designation In The Federal Judiciary, Michaela Conley
Roger Williams University Law Review
No abstract provided.
Legal Issues In Blockchain, Cryptocurrency, And Non-Fungible Tokens (Nfts),
2024
Cleveland State University College of Law
Legal Issues In Blockchain, Cryptocurrency, And Non-Fungible Tokens (Nfts), Christa Laser
Law Faculty Articles and Essays
When do new technologies require changes in the law? Judge Easterbrook argued in 1996 that there is no more need for a "Law of Cyberspace" than there ever was for a "Law of the Horse." Rather, existing laws spanning multiple fields are often sufficient to cover niche factual applications and even new technological change. The same is true now for "The Law of Blockchain." Nonetheless, blockchain marketplace participants lack any cohesive, useful analysis to tum to that is neutral in outcome and performs a comprehensive analysis spanning the multitude of laws affecting the whole ecosystem. We might not need a …
Converse-Osborn: State Sovereign Immunity, Standing, And The Dog-Wagging Effect Of Article Iii,
2024
Georgetown University Law Center
Converse-Osborn: State Sovereign Immunity, Standing, And The Dog-Wagging Effect Of Article Iii, Carlos Manuel Vázquez
Georgetown Law Faculty Publications and Other Works
“[T]he legislative, executive, and judicial powers, of every well-constructed government, are co-extensive with each other . . . [T]he judicial department may receive from the Legislature the power of construing any . . . law [which the Legislature may constitutionally make].” Chief Justice Marshall relied on this axiom in Osborn v. Bank of the United States to stress the breadth of the federal judicial power: The federal courts must have the potential power to adjudicate any claim based on any law Congress has the power to enact. In recent years, however, the axiom has sometimes operated in the opposite direction: …
Sticky Procedure And Procedural Values In The Federal Appellate Courts,
2024
University of Florida Levin College of Law
Sticky Procedure And Procedural Values In The Federal Appellate Courts, Merritt E. Mcalister
UF Law Faculty Publications
New federal appeals have fallen by forty percent over the last three decades. And yet the case management procedures—reduced oral argument, unpublished decisions, case-screening, and staff attorneys—adopted to help courts tackle rising caseloads have remained. And these case management adaptations appear as durable as ever. The “stickiness” of these adaptations suggest that efficient resolution of disputes is the sine qua non of modern appellate practice. Equally sticky are some longstanding disparities in the extent to which different federal appellate courts rely on these efficiencies, raising new questions about the extent to which the federal appellate courts share core adjudicatory values.
Against The Clock: Examining How Federal Courts Consider Agency Delay In Emergency Rulemaking Cases,
2024
Candidate for Juris Doctor, Roger Williams University School of Law
Against The Clock: Examining How Federal Courts Consider Agency Delay In Emergency Rulemaking Cases, Tyler Haas
Roger Williams University Law Review
No abstract provided.
Compassionless Plea Bargaining,
2024
University of Florida Levin College of Law
Compassionless Plea Bargaining, Julian A. Cook Iii
UF Law Faculty Publications
Too often, the guilty plea hearing process practiced in our federal courts fails to adequately ensure the validity of a defendant’s change of plea decision. Rather than engage in colloquies that are sufficiently in-depth and truly aimed at ascertaining voluntariness and defendant comprehension, critical details are frequently glossed over, and defendant guilty pleas are accepted without meaningful inquiry.
While academics have skillfully critiqued the Sixth Amendment and its trial-focused provisions, comparatively scant focus has been expended on the equally, if not more, critical change of plea hearing. Compassionless Plea Bargaining seeks to fill this gap with its focus on a …
Shareholder Primacy Versus Shareholder Accountability,
2024
Seattle University School of Law
Shareholder Primacy Versus Shareholder Accountability, William W. Bratton
Seattle University Law Review
When corporations inflict injuries in the course of business, shareholders wielding environmental, social, and governance (“ESG”) principles can, and now sometimes do, intervene to correct the matter. In the emerging fact pattern, corporate social accountability expands out of its historic collectivized frame to become an internal subject matter—a corporate governance topic. As a result, shareholder accountability surfaces as a policy question for the first time. The Big Three index fund managers, BlackRock, Vanguard, and State Street, responded to the accountability question with ESG activism. In so doing, they defected against corporate legal theory’s central tenet, shareholder primacy. Shareholder primacy builds …
