The Law Review
Regulating Companies as if the World Matters: Reflections From the Ongoing Sustainable Companies Project
Author: Beate SjåfjellPosted on April 14th, 2012 | No Comments |
Introduction: A Moral Imperative for Action The company is one of the most ingenious inventions of our time.[1] With limited liability for its investors, enabling capital to be (in theory) put to its most efficient use, the company has become the backbone of our economies. But must this all-important component…
Continue reading...A Unique Religious Exemption From Antidiscrimination Laws in the Case of Gays? Putting the Call for Exemptions for Those Who Discriminate Against Married or Marrying Gays in Context
Author: Michael Kent CurtisPosted on April 14th, 2012 | No Comments |
Introduction A. The Issue Faced with gay marriage in a few states, the Becket Fund for Religious Liberty and some scholars advocate exemptions from antidiscrimination laws for those with religious or moral objections to “facilitating” gay marriage.[1] Advocates seek exemptions only in connection with gays and, at least initially, they…
Continue reading...Our Continuing Struggle With the Idea That For-Profit Corporations Seek Profit
Author: Leo E. Strine, Jr.Posted on April 14th, 2012 | No Comments |
This Essay addresses an issue that, to be candid, perplexes me. That issue is the continuing dismay evidenced in Western, capitalist nations when public corporations that pursue profit for their stockholders take actions that adversely affect the nation’s economic stability, the corporation’s employees, or the environment. When a corporation’s ardor…
Continue reading...When Staying Discovery Stays Justice: Analyzing Motions to Stay Discovery When a Motion to Dismiss is Pending
Author: Kevin J. LynchPosted on April 11th, 2012 | Comments Off |
Discovery plays a key role in our modern federal courts. Discovery can be costly and burdensome, but it also enables settlement, reduces informational disparities between parties, and clarifies issues for trial. Under the Federal Rules of Civil Procedure, discovery is intended to occur with limited intervention by the court, absent a dispute arising. However, in cases where a motion to dismiss is filed, judges are routinely asked to stay discovery while that motion is pending.
Continue reading...A Signaling Theory of Lockups in Mergers
Author: Shmuel LeshemPosted on April 11th, 2012 | No Comments |
Empirical evidence shows that termination fees (“lockups”) in merger agreements of public companies discourage competition for the target company but do not necessarily harm target shareholders. This Article presents a signaling theory consistent with this evidence and considers the theory’s normative implications. The chief argument is that the presence of…
Continue reading...Copyright, Death, and Taxes
Author: Edward LeePosted on April 11th, 2012 | No Comments |
The Copyright Act of 1976 is nearing its fourth decade of existence. By historical standards, that longevity puts the 1976 Act “on the clock” for a major revision in the near future. Indeed, given the incredible advances in digital technologies and the Internet—all of which were unforeseen by Congress back in 1976—the need for a major revision and modernization of copyright law may already be upon us.
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