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11 Apr 2018, 6:03 am
Posted by Martin Lipton, Wachtell, Lipton, Rosen & Katz, on Wednesday, April 11, 2018 Editor's Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. [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]
2 Apr 2018, 7:12 am by assoulineberlowe
Judge Farina heard testimony from the attorneys in the case and from expert witnesses Glen Waldman and David Friedman regarding the reasonableness of the attorneys’ fees sought. [read post]
2 Apr 2018, 3:50 am by Peter Mahler
Two of the panel’s seven judges dissented from this part of the court’s decision and would have disallowed the minority discount as a matter of law. [read post]
1 Apr 2018, 8:10 pm by Omar Ha-Redeye
The impact on civil matters is even more pronounced. [read post]
In 2017, he and his wife issued a joint statement about this affair; they acknowledged it, but said it was a private matter, which they had dealt with “honestly and privately. [read post]
24 Mar 2018, 11:31 am by Ilya Somin
Even such libertarians as Milton Friedman argued that this justifies government subsidization of education (though Friedman argued it should take the form of vouchers rather than traditional public schools). [read post]
16 Mar 2018, 10:13 am by John Buhl
The fact of the matter is that while tariffs may help Detroit-based steelworkers, they hurt the production of Iowa-grown steel. [read post]
14 Mar 2018, 6:00 am by Barbara van Schewick
Most importantly, the bill ensures that every Californian -- no matter the size of their wallets or the color of their skin -- has an equal chance to innovate and reach people online. [read post]
12 Mar 2018, 3:13 pm by Thomas Kidera
 As a matter of first impression, Justice Friedman ruled that a claim for failure to notify does not accrue until the defendant discovers a breach of representations and warranties and fails to promptly notify the Trustee. [read post]
8 Mar 2018, 9:01 pm by Jim Sedor
Trump Spoke to Witnesses About Matters They Discussed with Special CounselMSN – Michael Schmidt and Maggie Haberman (New York Times) | Published: 3/7/2018 The New York Times reported the special counsel in the Russian election meddling probe has learned of two conversations in which President Trump asked witnesses about matters discussed with investigators. [read post]
6 Mar 2018, 10:00 am by David Kris
A few years ago, shortly after stepping down as Assistant Attorney General for National Security, I published a long article called Law Enforcement as a Counterterrorism Tool. [read post]
5 Mar 2018, 10:43 am by Camilla Alexandra Hrdy
To the extent the subject matter of intellectual property rights is labor displacing innovation, then intellectual property contributes to what economists call technological unemployment: job loss brought about by technological change. [read post]