Search for: "MICH. EXPRESS v. Pub. Serv. Comm." Results 1 - 7 of 7
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4 Dec 2022, 5:20 am by Bernard Bell
A governmental misconduct exception certainly exists, and is needed, in civil litigation where the motive or intent of a government actor is legitimately put into question, see, Subpoena Duces Tecum Served on the Office of the Comptroller of the Currency, 145 F.3d 1422, 1424-25 &  n.2 (D.C. [read post]
7 Sep 2022, 5:23 am by Eugene Volokh
Because policy preferences differ across states, regulating at the state level can in the aggregate satisfy more individual preferences than a uniform national law.[3] And federalism also lets states serve as "laboratories" that can experiment with various options, and show the way for other states (and perhaps for an eventual national rule).[4] A uniform national law is sometimes appropriate to implement important national values or correct various state-level pathologies. [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]
17 Apr 2017, 1:26 pm
From early in the 20th 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. [read post]