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27 May 2024, 1:10 pm by Steve Bainbridge
The OC Register published my op-ed "CalPERS continues to play politics despite poor performance,"criticizing CalPERS for siding with shareholder activists versus Exxon.https://t.co/f4wVu3OEZJ— Steve Bainbridge (@PrawfBainbridge) May 27, 2024 [read post]
24 May 2024, 4:48 pm by Steve Bainbridge
Bainbridge, Director Primacy: The Means and Ends of Corporate Governance, 97 Nw. [read post]
5 May 2024, 7:31 pm by Francis Pileggi
Zuckerberg, and corporate law scholar Professor Bainbridge provides scholarly insights about the topic and the decision on his blog, which includes the following money quote from the opinion: Under the standard Delaware formulation, directors owe fiduciary duties to the corporation and its stockholders. [read post]
5 May 2024, 7:11 pm by Francis Pileggi
The unanimous Supreme Court reversed the dismissal, finding the plaintiffs’ claims of an unfair deal by non-independent directors are supported by the facts that: 1) the minority stockholders received a slightly higher percentage of ownership of New Match; (2) Old Match was capitalized in a vastly different way, with limited cash, much higher debt, and restrictive governance provisions; and (3) the boards were different Supplement: One of Delaware’s favorite corporate law… [read post]
2 May 2024, 5:28 am by Brian Leiter
UPDATE: Via UCLA law professor Stephen Bainbridge on Twitter, I came across this striking account of recent events on campus by a UCLA history professor. [read post]
29 Apr 2024, 7:49 pm by Francis Pileggi
One of the nation’s leading corporate law professors, Stephen Bainbridge, addresses on his eponymous blog, whether a board meeting may be conducted by text messaging alone, and concludes that DGCL section 141(i) requires that board members participating in a meeting must be able to hear each other. [read post]
22 Apr 2024, 12:15 am
  Recently, Professor Stephen Bainbridge pointed out that he discussed this question more than two decades ago. [read post]
20 Apr 2024, 4:38 pm by Steve Bainbridge
Quoted re CSR/Divestment Steven Bainbridge, a corporate law professor at UCLA, agrees and says social activist divestment tends to have little impact on its targets, but does reduce returns to investors who divest. [read post]
17 Apr 2024, 2:08 pm by Steve Bainbridge
Where Texas fits in. https://t.co/6ojzkzUmH0— Bloomberg (@business) April 17, 2024 Thread. https://t.co/Y4iWD4GCD7 — Steve Bainbridge (@PrawfBainbridge) April 17, 2024 My new research paper on Tesla considering leaving Delaware and relocating to Texas is about to be released... [read post]
17 Apr 2024, 9:29 am by kblocher@hslf.org
Some Bainbridge residents are suing city and county authorities regarding the process that led to the facility being approved. [read post]
15 Apr 2024, 6:32 am
Finally, several other law schools are represented by one faculty member each – Northwestern (Bernard Black, Ranked 5), Vanderbilt (Randal Thomas, Ranked 21), Berkeley (Frank Partnoy, Ranked 30), Stanford (Ron Gilson, ranked 34), Virginia (Mitu Gulati, Ranked 40), Yale (Roberta Romano, Ranked 56), Michigan (Adam Pritchard, Ranked 71), UCLA (Stephen Bainbridge, 78), and Penn (Jill Fisch, Ranked 99). [read post]
15 Apr 2024, 6:32 am
Finally, several other law schools are represented by one faculty member each – Northwestern (Bernard Black, Ranked 5), Vanderbilt (Randal Thomas, Ranked 21), Berkeley (Frank Partnoy, Ranked 30), Stanford (Ron Gilson, ranked 34), Virginia (Mitu Gulati, Ranked 40), Yale (Roberta Romano, Ranked 56), Michigan (Adam Pritchard, Ranked 71), UCLA (Stephen Bainbridge, 78), and Penn (Jill Fisch, Ranked 99). [read post]
12 Apr 2024, 1:41 am by Ann Lipton
Here is the abstract: Professor Stephen Bainbridge’s new book, The... [read post]
11 Apr 2024, 6:00 am by Brian Leiter
My review itself has been favorably reviewed by UCLA lawprof Steve Bainbridge on Twitter: "The opening line... [read post]
7 Apr 2024, 9:05 pm by renholding
For many business economists and legal academics, the purpose of any business organization is simply stated: to maximize profits. [read post]
3 Mar 2024, 7:30 pm by Francis Pileggi
Fortunately, Professor Stephen Bainbridge provided his typically erudite insights and learned commentary about this opinion on his eponymous blog. [read post]
27 Feb 2024, 12:15 am
Professor Stephen Bainbridge recently commented on a decision by Vice Chancellor J. [read post]
16 Feb 2024, 3:29 pm by Steve Bainbridge
I note that Delaware Vice Chancellor Sam Glasscock intends to retire at the end of the year. [read post]