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22 Oct 2012, 3:45 am
Three-member LLC’s sole asset is long-term commercial lease. 40% Member A buys out 60% Members B and C for $1.5 million. [read post]
21 Jun 2010, 11:00 am
Update: Larry Ribstein is also critical of Bebchuk: ... leaving the issue with the SEC is only marginally better than leaving it with Congress. [read post]
26 Sep 2011, 3:52 am
It is an excellent time to reexamine the costs and benefits of existing and alternative regimes in light of these changes.The Head Mortician was Larry Ribstein, who opened and closed the show. [read post]
6 Aug 2008, 6:01 am
As Larry Ribstein has been asking for years, do we really want to be sending a message to investors that risk is bad when it often leads to valuable innovation and wealth creation? [read post]
25 Apr 2011, 4:30 am
Larry Ribstein's scholarship on why Hollywood so consistently gets these issues wrong explains why I find this question tough, but I enjoyed the first half of John Grisham's The King of Torts for its depiction of a corrupt class action settlement that never would have survived Amchem scrutiny. [read post]
5 Jun 2023, 1:02 pm
I've been following the litigation involving AMC Entertainment quite closely, mainly because I've been advising several investment funds about various aspects of the litigation. [read post]
22 Nov 2010, 3:00 am
As Professor Larry Ribstein writes in a recently published paper (about which I'll be posting in coming weeks), "[t]he indeterminacy of close corporation law is especially evident when the oppression remedy meets an actual contract. [read post]
3 Sep 2006, 2:50 pm
" As many of you know, the topic has been much-discussed of late here at TOTM and over at Larry Ribstein's Ideoblog (who, it turns out, beat us to this punch), and you're probably wondering when we're ever going to stop. [read post]
28 Nov 2016, 1:53 pm
— Justice Antonin Scalia, October 26, 1984 Question: In your acknowledgements, you note that “Business and the Roberts Court” was almost derailed owing to the “untimely passing of Professor Larry Ribstein,” one of the former editors of The Supreme Court Economic Review. [read post]
13 Sep 2010, 5:30 am
Larry Ribstein jumped in, too: "The Franken misconception is widely espoused by those in the radical anti-corporate camp, such as the author of the widely read screed The Corporation. [read post]
29 Nov 2009, 11:47 pm
I. [read post]
4 Dec 2007, 9:20 am
(As noted below, here in the US, Professor Milton Regan, Professor Larry Ribstein, and blogger/lawyer Bruce MacEwen published a three-way "conversation" about the prospect of US firms having investor owners.) [read post]
15 May 2007, 9:45 am
Investor advocates defended non-binding shareholder proposals as a useful tool of engagement with companies and urged the Securities and Exchange Commission not to scale back the ability of investors to file those resolutions. [read post]
17 Apr 2010, 7:12 pm
As I posted yesterday, the legal case against Goldman boils down to disclosure, particularly to this question: “Did Goldman have to disclose to investors in the ABACUS CDO that the Paulson hedge fund, who was shorting the CDO, was involved in selecting the collateral? [read post]
28 Nov 2011, 3:00 am
Professor Larry Ribstein, a leading authority on LLC and partnership law, filed an amicus brief in support of the defendants' position (read here), in which he argues: the intermediate appellate court's holding in favor of fiduciary duty of disclosure of organizers of LLCs is unprecedented in the law of LLCs; the NY LLC Law's provisions governing organizers and managers do not support a status-based fiduciary obligation for the former; and the old… [read post]
4 Aug 2011, 12:38 pm
One of the things that I hope to spend more time doing now that I have returned to the blogosphere is open-source article writing. [read post]
13 Oct 2009, 11:01 pm
On the heels of the U.S. [read post]
1 Sep 2008, 11:30 am
I can't resist asking the above question in the wake of two recent decisions, one from Delaware Chancery Court invoking freedom of contract to enforce an LLC operating agreement's waiver of a member's right to seek judicial dissolution, and the other from New York's Commercial Division refusing on public policy grounds to enforce an operating agreement's in terrorem provision… [read post]
11 May 2009, 3:48 am
And Larry Ribstein unburdens himself on the banks' recent stress test at Ideoblog, in one of a series of "Dismantling Capitalism" posts. [read post]
9 Nov 2011, 8:16 am
Larry Ribstein follows up with commentary suggesting that law school becomes a logical option for students who were badly guided in their choices of majors — leading them to liberal arts with few skills and few prospects in today’s world.I want to reiterate something I wrote about a few weeks ago about the incentive structures for students. [read post]
