Liability management exercises introduce aggressive restructuring tactics into credit markets, enabling distressed corporate borrowers and private equity sponsors to exploit… Continue reading →
Market efficiency has a central role in two distinct areas of corporate litigation: Rule 10b-5 securities claims and shareholder appraisal… Continue reading →
Under the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA), welfare beneficiaries seeking cash assistance must cooperate in… Continue reading →
When one thinks of elected officials, those that come to mind are heads of the executive, members of the legislature,… Continue reading →
The principle of stare decisis provides that courts should usually, but not always, follow their precedents. Recent Supreme Court decisions… Continue reading →
Tortious interference with contract has bedeviled legal commentators for over a century. It can provide relief in some situations where… Continue reading →
The Supreme Court is dismantling what little is left of an equal protection doctrine capable of promoting a progressive vision… Continue reading →
The prices of drugs developed with federal funding have received a significant amount of political attention. In 1980, Congress passed… Continue reading →
The estate tax and the broader wealth transfer tax system are even more broken than is commonly understood. Over the… Continue reading →
A strong consensus has taken hold in the legal academy. Criminal Justice Localism, espoused by scholars of every stripe, promotes… Continue reading →