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Corporate & Securities Law

: BusinessAssociationsBlog.com

The Grasso Lawsuit?s Demise: Why Don?t Courts Decide Compensation?

By Stephen Bainbridge

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Joseph Bachelder offers a detailed and insightful analysis of why Eliot Spitzer’s much ballyhooed excess compensation lawsuit against former NYSE CEO Richard Grasso fizzled in the NY courts. One of his theories takes a deeply Legal Realist approach: One explanation may lie in the March 2008 downfall of Mr. Spitzer, the initiator of the litigation. His aggressive attacks on financial...

[continued on site]

Full post as published by BusinessAssociationsBlog.com on August 28, 2008 (boomark / email).

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