Corporate and Securities
What's So Bad About Paying Plaintiffs? (with Bruce H. Kobayashi), 2006 - The Fall and Rise of Federal Corporation Law (2006)
Dabit, Preemption and Choice of Law, University of Illinois Legal Working Paper Series (2006)
The Supreme Court's decision in Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Dabit, involves...
Perils of Criminalizing Agency Costs, University of Illinois Legal Working Paper Series (2006)
This is a brief and informal discussion of some issues related to corporate criminal liability...
Outsider Trading as an Incentive Device (with Bruce H. Kobayashi), University of Illinois Legal Working Paper Series (2006)
Outsiders often have and seek to trade on material nonpublic information about firms. For example,...
Should History Lock in Lock-In?, University of Illinois Legal Working Paper Series (2006)
The corporation does not allow owners, at least by default, to cash out their interests....
Law and Economics
Delaware for Small Fry: Jurisdictional Competition for Limited Liability Companies, ExpressO (2010)
Most of the work on jurisdictional competition for business associations has focused on publicly held...
The Death of Big Law, ExpressO (2010)
Large law firms face unprecedented stress. Many have dissolved, gone bankrupt or significantly downsized in...
Initial Reflections on the Law and Economics of Blogging, American Law & Economics Association Annual Meetings (2007)
Incomplete Contracts and Opportunism in Franchising Arrangements (with Jonathan Klick and Bruce H. Kobayashi), American Law & Economics Association Annual Meetings (2007)
The Economics of Federalism (with Bruce H. Kobayashi), University of Illinois Legal Working Paper Series (2006)
This is the introductory essay for the Economics of Federalism, a book edited by the...
Political Structure and Behavior (including Constitutional Law)
The Public Face of Scholarship, University of Illinois Legal Working Paper Series (2006)
The web enables scholars to engage in several types of what I have called "amateur...
Wall Street and Vine: Hollywood's View of Business, University of Illinois Legal Working Paper Series (2005)
American films have long presented a negative view of business. This article is the first...
Imagining Wall Street, University of Illinois Legal Working Paper Series (2005)
The 1987 film Wall Street is one of the most popular films dealing with business,...
International corporate law
Cross-Listing and Regulatory Competition, Review of Law & Economics (2007)
Firms can “rent” the securities laws in other countries by listing or selling securities there...
Corporations
Delaware for Small Fry: Jurisdictional Competition for Limited Liability Companies, ExpressO (2010)
Most of the work on jurisdictional competition for business associations has focused on publicly held...
The Evolving Partnership, University of Illinois Legal Working Paper Series (2006)
Versions of this article were prepared for conferences in 2001 and 2006 in Europe dealing...
The Important Role of Non-Organization Law, University of Illinois Legal Working Paper Series (2005)
The proliferation of partnership-based business organizations raises questions concerning the law’s role in shaping firms....
Why Corporations?, University of Illinois Legal Working Paper Series (2005)
This Article suggests that reform of the governance of publicly held firms might appropriately include...
Are Partners Fiduciaries?, University of Illinois Legal Working Paper Series (2004)
The proliferation of partnership-type entities raises many questions about how the traditional rules of business...
Partnerships
Delaware for Small Fry: Jurisdictional Competition for Limited Liability Companies, ExpressO (2010)
Most of the work on jurisdictional competition for business associations has focused on publicly held...
The Death of Big Law, ExpressO (2010)
Large law firms face unprecedented stress. Many have dissolved, gone bankrupt or significantly downsized in...
Organizations
Delaware for Small Fry: Jurisdictional Competition for Limited Liability Companies, ExpressO (2010)
Most of the work on jurisdictional competition for business associations has focused on publicly held...
The Death of Big Law, ExpressO (2010)
Large law firms face unprecedented stress. Many have dissolved, gone bankrupt or significantly downsized in...
Legal Profession
The Death of Big Law, ExpressO (2010)
Large law firms face unprecedented stress. Many have dissolved, gone bankrupt or significantly downsized in...
Legislation
Delaware for Small Fry: Jurisdictional Competition for Limited Liability Companies, ExpressO (2010)
Most of the work on jurisdictional competition for business associations has focused on publicly held...