American Law Institute
The ALI’s Restatement of the Corporate Objective Is Flawed
Almost 30 years after the American Law Institute published the Principles of Corporate Governance, it has launched an effort covering similar ground, this time promising a Restatement of the Law of Corporate Governance.
The difference between the Principles…
The Hollowed Out Common Law
There are two striking features about the ways in which contracts stemming from the electronic marketplace are adjudicated today. The first is the steady decline in the number of cases litigated in state court as compared with the federal forum. …