Our two year old interrupted my remote M&A class this morning in his tiger costume to demand I take him trick or treating. It is going to be a long quarantine....
So, much more work to be done, in M&A and other markets, on the question of how deal innovations diffuse, and it'll be exciting to see a comprehensive theory take shape. And then we can link that to the question of how legal institutions interact with that change in turn.
Market infrastructure (esp. contracts + institutions for enforcing them) is sorta like plumbing. Trillions of dollars of deals flow through it, so long as the pipes are fitted properly. But how does the system maintain that stability while adapting to new innovations? 🧵
Very much one piece of a broad puzzle. Eg, we study one deal innovation (top up options), and we know that adoption of new terms in other markets and, fascinatingly, the adoption of other terms within M&A itself (see link below) follow different patterns. https://t.co/xkYQJulaGI
This paper presents a new methodology for analyzing contractual evolution in complex #markets by examining the diffusion of deal #innovations within an advisory network.
Read: https://t.co/GUMZSRklpI
Subscribe: https://t.co/AJ8f2aO0L0
#LawTwitter
@david__simon Simply asking. But I think it’s most useful to think of it as a pitch process. Get an interesting idea, determine whether you want to do it solo or need a coauthor, assuming the latter then share it with someone, and if they engage then pitch them on doing the project together.
Excited to be attending @BYULaw/@UChicagoLaw Inaugural Winter Bankruptcy Conference.
I'll be presenting our paper "Debt Tokens" co-authored with @ChrisOdinet and Diane Dick.
Looking forward to hanging out with all the commercial law and bankruptcy law geeks!
Excited that the LSE-BYU-Wisconsin Corporate Law Roundtable is underway at @LSELaw today. Brilliant research being shared and looking forward to insights from Vice Chancellor Will of the Delaware Court of Chancery this afternoon. Full program in thread. @BYULaw@ecgiorg
This paper argues legal #scholars should take more seriously the Court’s role as a rhetorical actor by analyzing effects of language the #Court uses to describe women & mothers.
Read: https://t.co/vfREJrTHLt
Subscribe: https://t.co/Pc0mJpCNAo
@williamsxlucy@BYULaw#LawTwitter
@LidskyLidsky For me, it's been the iPad Pro + Apple Pencil + Notability. Useful for annotating articles (in pdf) and grading. Nice functionality and exports seamlessly to Dropbox. (I use Zotero separately for bib/citation management)