New Article: Rights Architecture for Legal Organizations
What do shareholders "own," what do directors "owe," and to whom?
Would love it if you were willing to provide criticisms and comments on this initial draft: https://t.co/m5KwAlk0iV
This case is remarkable. Also, this means that even if we imagine a world in which AI can do governance advice the same or better than lawyers, the simple discovery issue will let us keep our job , unless the AI platforms lawyer-wrap their technology I suppose
https://t.co/ZnuIFmUVUR
Thanksgiving ex ante/ ex post illustration just dropped: fam was discussing turducken. I mentioned that there is also a hybrid animal that is a DNA mix of all of them, not just the food
#Delaware, #Texas, #Nevada, or federal incorporation? Andrew Appleby and I revealed another option: multistate incorporation.
The Framers encouraged such neglected cooperation under The Compact Clause of the Constitution.
Time to revisit? https://t.co/yBCk9AAJfb
In 2024, I argued directors aren't agents, criticizing the #Moelis amendments. "The Merging of Ownership and Control" was just published by @GaLRev this week. My new article below provides the theory behind my view of the firm. Connecting the Hohfeldian and Coasean spirits.
New Article: Rights Architecture for Legal Organizations
What do shareholders "own," what do directors "owe," and to whom?
Would love it if you were willing to provide criticisms and comments on this initial draft: https://t.co/m5KwAlk0iV
I find it impressive that AI can learn to cheat in unprompted and unanticipated ways. But I think it will be even more impressive if AI could develop dominant strategies of cooperation (e.g., tit-for-tat) without being prompted to do so. Has it? https://t.co/HCHQOLJD09
I am teaching a "private ordering" seminar this semester (as well as M&A). Idea is to have a seminar that introduces students to all the great (and useful) works in both law & econ and legal theory. What article would you say is a must? Would love to check against my syllabus
Excited that my Article, The Merging of Ownership and Control, has been accepted for publication by the Georgia Law Review @GaLRev! The Article presents my theory of directors as residual obligors and addresses the recent amendments concerning shareholder agreements.
UTK is seeking applications from business law scholars for the position of Professor and Director of the business law center. While the position focuses on business law generally, we have specific teaching needs in Bankruptcy, Contracts, and Secured Transactions. Please reach out
NEW: W.C. Bunting (@stetsonlaw) and @Stein_Tomer (@UTKLaw) investigate the role of amicus curiae process in the development of business law cases at the state level. https://t.co/qmuKaix2Dv
Very excited that Will Bunting and I got to join this episode of the @busscholarship podcast. Huge congratulations to @akjennings for this super impressive milestone (5 years of content!!) #businesslaw @UTKLaw @stetsonlaw