25 Mar 2007, 11:43 pm
As I've noted before, Lucian's views on competitive federalism have been criticized by yours truly in The Creeping Federalization of Corporate Law, as well as by Steven Choi and Andrew Guzman, Jonathan Macey, and Roberta Romano. [read post]
Prof. Myriam Giles and Practitioner Gary Friedman Publish Penn Article Challenging the Class Action Agency Costs "Myth"
14 Dec 2006, 3:37 am
" Jonathan Macey and Geoffrey Miller picked up on this theme in a highly influential 1991 article, recognizing that "the single most salient characteristic of class and derivative litigation is the existence of 'entrepreneurial' plaintiffs' attorneys [who, because they] are not subject to monitoring by their putative clients . . . operate largely according to their own self-interest . . . . [read post]
24 Oct 2006, 8:11 am
" Jonathan Macey, a professor at Yale Law School labels the attempts "Regulatory McCarthyism" in this op-ed piece in today's Wall Street Journal.You will need a subscription to read the piece, and while the title is a bit over the top, the professor is right when he takes on the new justification for hedge fund regulation - "systemic risk" to the markets and our economy. [read post]