Common Law

The Corporation Of The United States Of America Is It True? We Are Not Under

In its neverending quest to take the energy of judges to minimize a conviction to a lesser offense or dismiss it (when the trial judge deems that situations are suitable), the Virginia Court of Appeals has this week invalidated every single single alteration to the common law of Virginia that appellate courts have completed, in the entire history of recorded decisions (considering that 1790). When a court decides a case it does so on the merits of the case prior to it. The court’s choice is meant to only effect the rights of the parties, the litigants, ahead of it. …

Corporate Law

The Corporation Of The United States Of America Is It Accurate? We Are Not Under

This post is the initial chapter of the second edition of The Anatomy of Corporate Law: A Comparative and Functional Approach, by Reinier Kraakman, John Armour, Paul Davies, Luca Enriques, Henry Hansmann, Gerard Hertig, Klaus Hopt, Hideki Kanda and Edward Rock (Oxford University Press, 2009). The structure of the academic program guarantees access to a rigorous and broadly-primarily based curriculum such as a required class in US corporation law and an exceptionally rich array of courses in finance, bankruptcy, securities regulation as effectively as quite a few specialized seminars. Such internal handle breakdowns are breaking a cardinal rule of good …