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Directors' Duties in a Post-Enron World: Why Language Matters
(Wake Forest Law Review, 2003)
This essay observes that, in the face of corporate scandals of the last few years, a number of prominent advocates for shareholder primacy have retreated to the position that directors and officers should attempt to maximize ...
Locking in Capital: What Corporate Law Achieved for Business Organizers in the Nineteenth Century
(UCLA Law Review, 2003)
This Article argues that corporate status became popular in the nineteenth century as a way to organize production because of the unique manner in which incorporation permitted organizers to lock in financial capital. ...
The Economics of Post-September 11 Financial Aid to Airlines
(Indiana Law Review, 2003)
This Article considers the economic and policy merits of the Air Transportation Safety and System Stabilization Act, passed by Congress and signed into law in the immediate aftermath of the Sept. 11, 2001 terrorist attacks. ...