State and Local Government Law Commons^™

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, 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, 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, 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, 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, Seattle University Law Review

Seattle University Law Review

Table of Contents

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 …

Sex, Guns, Climate Change, And More: Why Our Republic Needs Independent State Attorneys General, Thomas M. Fisher

Indiana Law Journal

Wabash College established the David W. Peck Senior Medal in 1974 to recognize eminence in the law in memory of Judge David W. Peck, Wabash class of 1922. In his long and distinguished legal career, Peck served as partner at Sullivan and Cromwell and as Presiding Justice of the Appellate Division of the New York Supreme Court. The annual Peck Lecture has honored some of the nation’s most distinguished practitioners, judges, and law professors. Solicitor General Fisher’s 2023 Peck Lecture explores the origins of the office of state attorney general and argues that the political independence of attorneys general is …

Vol. 29, No. 4 Summer 2024

Roger Williams University Law Review

No abstract provided.

Dimaggio V. Tucker, 288 A.3d 981 (R.I. 2023)., Sara Jane Pruell

Roger Williams University Law Review

No abstract provided.

State V. Li, 297 A.3d 908 (R.I. 2023)., Elijah M. Santos

Roger Williams University Law Review

No abstract provided.

Green Dev., Llc V. Town Of Exeter, 297 A.3d 931 (R.I. 2023)., Liz Harvey

Roger Williams University Law Review

No abstract provided.

Behaviour Of Creditors And Involved Stakeholders In Corporate Insolvency Resolution Process (Cirp) In India: An Economic Perspective, Hiteshkumar Thakkar, Pranay Agarwal, Randall K. Johnson

Faculty Works

IBC has long clarified its purpose of achieving efficiency in the resolution procedure along with the welfare of the stakeholders. In order to achieve it, the code introduced Corporate Insolvency Resolution Process (CIRP) as a group solution mechanism in insolvency cases. While there is a plethora of studies focusing on the procedural and substantive working of the process, its influence over the behaviour and conduct of the stakeholders and its impact on its success has been ignored. Through this study, the author aims to develop a comprehensive economic model to explain the impact of CIRP on the creditor’s behaviour and …

The Multitudinous Racial Harms Caused By Florida's Anti-Dei And "Stop Woke" Laws, Katheryn Russell-Brown

UF Law Faculty Publications

Since 2021, Florida has passed legislation that radically redefines how educators address race-related topics in the university classroom. Two laws in particular, House Bill 7 (HB 7 or the "Stop WOKE Act") and Senate Bill 266 (SB 266), which outlaws diversity, equity, and inclusion (DEI) programs at Florida universities, have led the charge. The goals of this Article are three-fold. First, to demonstrate how HB 7 and SB 266 have created a devasting and powerful educational force in Florida, a force that diminishes and punishes certain forms of racial discussion and inquiry in the college classroom. Second, to show the …

Florida's Homeowners Insurance Problems, Peter Molk

UF Law Faculty Publications

Floridians have seen dramatically rising homeowners insurance premium increases over the past several years, with year-over-year increases of forty percent or more over multiple years. The problem grew so severe that the State legislature convened a special session in 2022 to address the problem, ultimately passing several efforts designed to moderate rates. This Article reviews the evidence of Florida’s experience to interrogate why the State has suffered disparately high homeowners insurance premium increases. In light of this interrogation, I critically assess the prospects for the recent legislative efforts and other suggestions to address the underlying problems. Reform efforts predominantly address …

State V. Leonard, 296 A.3d 111 (R.I. 2023)., Jillian L. Murray

Roger Williams University Law Review

No abstract provided.

State V. Vose, 287 A.3d 997 (R.I. 2023)., Amy Anthony

Roger Williams University Law Review

No abstract provided.

Felkner V. R.I. Coll. (Felkner Ii), 291 A.3d 1001 (R.I. 2023)., Delaney J. Dibble

Roger Williams University Law Review

No abstract provided.

Dockray V. Roger Williams Med. Ctr., 295 A.3d 68 (R.I. 2023)., Natalie E. Deangelis

Roger Williams University Law Review

No abstract provided.

Bringing Context To Legal Battles Over Trans Rights – A Reply To Professor Yeargain, Jonathan L. Marshfield

UF Law Faculty Publications

This review looks at Professor Yeargain’s findings and analysis through the lens of three important debates in constitutional theory and design.