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Corporate & Securities Law

: BusinessAssociationsBlog.com

In praise of Private Ordering

By Stephen Bainbridge

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A great new paper from Fred Tung: The article identifies a worrisome trend in corporate law and scholarship. Across seemingly unrelated issue areas, courts and scholars have lost faith in private corporate bargains. They invite judicial intervention into private contract, proposing to expand fiduciary duties beyond their traditional shareholder centered focus to protect non-shareholder...

[continued on site]

Full post as published by BusinessAssociationsBlog.com on July 14, 2008 (boomark / email).

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