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22 Jun 2018, 2:24 pm by Jon Levitan
This morning the court issued a 5-4 opinion in Carpenter v. [read post]
25 May 2018, 10:26 am by Second Circuit Civil Rights Blog
Joseph by the Sea High School, Cardinal Timothy Dolan and the Archdiocese of New York, respondents.Harrison, Harrison & Assoc., Ltd., New York (Julie Salwen of counsel), for amicus curiae.Judges: Friedman, J.P., Gische, Andrias, Kern, Oing, JJ.Opinion Order, Supreme Court, New York County (Erika M. [read post]
10 Apr 2018, 2:40 pm
From early in the twentieth century it has been commonplace to understand that the corporation and its fiduciaries owe their highest duty of loyalty to equity holders, and that this duty requires the operation of the enterprise to maximize the value of their holdings.9 This principle of shareholder primacy continues to serve as the central principal of the legal management of corporate governance.10 From the 1960s, CSR acquired a political dimension as well.11 Milton Friedman famously… [read post]