Featured Articles

The CA decision: it's not about principle

Larry E. Ribstein
July 18, 2008 18:53

As I said yesterday, the Delaware Supreme Court “was careful to present itself as a pragmatic forum that would hear the shareholders out on a case by case basis.” This is important: the SEC gave Delaware an unprecedented chance to...As I said yesterday, the Delaware Supreme Court “was careful to pre...

What to do about the auto industry

Larry E. Ribstein
November 17, 2008 17:28

Allowing GM to fail might threaten a million jobs, counting the domino effect (see this WSJ article). However, as Bruce MacEwen among others has said: If the Big Three have demonstrated anything over the past 30 years, it is their...Allowing GM to fail might threaten a million jobs, counting the...

Recent Articles

RULLCA's little agency problem

Larry E. Ribstein
January 06, 2009 17:27

Suppose you’re dealing with a member of a small LLC. You’re about to enter into a transaction that is clearly in the regular course of the LLC’s business. The person proves he’s a member and shows you articles of organization...Suppose you’re dealing with a member of a small LLC. You’re ...

AALS Agency/Partnership Section

Larry E. Ribstein
January 06, 2009 16:55

The Section on Agency, Partnership, LLCs and Unincorporated Associations, which I'm chairing this year, will meet at Friday, January 9, 1:30 — 3:15 pm, Coronado, South Tower/Level 4, San Diego Marriott Hotel & Marina. This year we had a call...The Section on Agency, Partnership, LLCs and U...

An Iceland bank strikes back

Larry E. Ribstein
January 06, 2009 14:53

Last month a WSJ article on the Icelandic banking crisis chose to focus on Iceland's role in the financial excess that led to the global meltdown. I suggested that the WSJ reporter missed a more interesting story -- about how...Last month a WSJ article on the Icelandic banking crisis chose to focus...

How to reduce fraud: abolish the SEC?

Larry E. Ribstein
January 06, 2009 04:17

Today’s WSJ reports on the numerous investigations of Madoff by the SEC and other agencies that failed to catch him. Of course regulators and other readers will draw the wrong lesson. So in a probably futile effort to prevent this,...Today’s WSJ reports on the numerous investigations of M...

Hot off the press

Larry E. Ribstein
January 05, 2009 22:27

You'll want to get your very own copy.You'll want to get your very own copy.

Some perspective for the New Year

Larry E. Ribstein
January 01, 2009 22:39

From one of the year's best stories: Rolling up to the meetings at around the same time was Goldman's chief, Mr. Blankfein. A Goldman aide, referring to days of meltdowns and meetings, carped to Mr. Blankfein: "I don't think I...From one of the year's best stories: Rolling up to the meetings at...

Iseman v. NYT

Larry E. Ribstein
December 31, 2008 22:18

Not to pick on the NYT, but Vicki Iseman’s defamation suit against the Grey Lady (HT Law Blog) makes fascinating reading. This is no fly-by hit job – it’s a careful and persuasive piece of work. The complaint is co-authored...Not to pick on the NYT, but Vicki Iseman’s defamation suit against t...

The Times, the critics, the columnists and the crunch

Larry E. Ribstein
December 30, 2008 15:41

I have been discussing, e.g., here, the dire straits of the newspaper business. I have also discussed one particular paper, the NYT. As I said back in April 2006: If the market demands that the NYT adjust to these new...I have been discussing, e.g., here, the dire straits of the newspaper business....