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5 Feb 2025, 1:26 pm
Instead, as you might expect from my emphasis on the impact of Delaware's conflicted controller caselaw, I think Jonathan Macey correctly diagnosed the problem: The problem is exacerbated by what are perceived to be the “suspicious and negative tone adopted towards corporate boards and management” by in certain opinions that weaken the contracting power of controlling shareholders and afford legal “protection” to minority and noncontrolling… [read post]
21 Apr 2025, 9:05 pm
Why the “Voluntary Resignation” Defense Fails Professor Jonathan Macey argues that because directors may resign at will, it is no problem to require resignations: [D]irectors are free to resign their board positions at any time, and nothing in the Phillips charter or bylaws possible can be construed as preventing directors from voluntarily offering to resign. [read post]
18 Feb 2025, 12:32 pm
As I discussed in a December blog post on this topic, an academic article by Yale Law Professor Jonathan Macey correctly points out that much of theoretical justification for the redomestication advocacy, and indeed much of the heat surrounding the debate, arises from what is perceived in certain circles as the “the suspicious and negative tone adopted toward corporate boards and management” particularly with respect to decisions involving controlling shareholders. [read post]
15 Apr 2013, 9:44 am
Evidence Helland, Eric and Jonathan Klick. [read post]
25 Oct 2010, 10:30 am
There was a very interesting article in Saturday's WSJ on a problem that we've noted before; namely, that the policy prescriptions of behavioral economists tend towards regulatory rather than market solutions. [read post]
26 Mar 2025, 10:46 am
In a March 7, 2025 post on the Harvard Law School Forum on Corporate Governance (here), Yale Law Professors Jonathan Macey and Roberta Romano praised Texas for being both disruptive and innovative. [read post]
22 Jul 2011, 7:20 pm
Consulting, & Jonathan Macey, Yale Law School, Report on Effects of Proposed SEC Rule 14a-11 on Efficiency, Competitiveness and Capital Formation 9 (2009), available at www.nera.com/upload/Buckberg_Macey_Report_FINAL.pdf. [read post]
16 Oct 2007, 9:05 am
I. [read post]
25 Apr 2022, 9:05 pm
Macey, Corporate Law As Myth, 93 S. [read post]
2 Oct 2024, 9:05 pm
., Jonathan R. [read post]
5 Jun 2023, 9:30 pm
[As longtime LHB readers know, I post here the essays I research and write for my exam in American Legal History, which principally treats the years 1898 to 1962. [read post]
15 Jan 2009, 6:49 am
AUTHOR Macey, Jonathan R. [read post]
1 Feb 2019, 10:51 am
Jonathan Macey & David Swensen. [read post]
5 Feb 2011, 10:22 am
The Hill: “Businesses have a responsibility, too,” said Obama in his weekly address on Saturday. [read post]
9 Oct 2023, 5:00 am
In a recently published article in ProMarket, John Kwoka of Northeastern University (who “worked on the draft Merger Guidelines while serving at the Federal Trade Commission as chief economist to the chair in 2022”) asserts that the U.S. [read post]
