One could not maintain a blog in Wilmington, Delaware without noting the news that came out today about Bank of America announcing its acquisition of MBNA (or as their new logo styles it: “mbna”). Prof. Gordon Smith has a post on it.
June 2005
Vice Chancellor Strine Featured in Article
An article in the publication Legal Affairs about Vice Chancellor Strine provides keen insights into his style on the Court of Chancery and his influence on corporate law issues. The article is “must reading” for anyone interested in the Court of Chancery and how cases are decided before it. Credit goes to the Confidential Report…
What If There Were Only 2 Big Accounting Firms Left?
Prof. Ribstein posts about the hypothetical possibility of going from the Big Four to the Big Two, in light of potential issues facing the biggest accounting firms.
Scrushy Found Not Guilty
A post by Bainbridge (with references to other posts), comments on the first real prosecution under the 2002 Sarbanes-Oxley Act, in which today a not guilty verdict was handed down against the former HealthSouth CEO.
Possible Indictment of Law Firm
Prof. Ribstein has a post today that compares the possible indictment of a major class action law firm as reported today in the Wall Street Journal with the recent discussion about the possible indictment of KPMG, as well as the ramifications of both.
Does Character Affect Behavior
The Legal Ethics Forum blog has a discussion, with references, in a post about research concerning the interfacing between character and behavior, such as the Milgram experiment and the Stanford Prison Project. It is worth reading for anyone interested in legal ethics and whether ethics can be effectively taught.
Major Decision on Attorneys’ Fees
Vice Chancellor Strine recently issued an 85-page opinion in a case called In Re Cox Communications Inc., download decision in pdf format. It is a magnum opus on the issue of the standard that should apply when the court reviews applications for attorneys’ fees in representative cases, such as derivative or class action…
Legal Guide for Bloggers
The Feedmelegal blog has a post that references a legal guide for bloggers, which is a source that should be of interest to those who participate in the blogosphere.
Choice of Law
Prof. Ribstein has a post on choice of law and Prof. Bainbridge has a related post, comparing choice of law ex post facto in the bankruptcy context, as opposed to corporate law, where parties agree by contract, before a dispute arises, which forum (e.g., Delaware) they want disputes to be addressed in.
More on World Affairs
I have written a few posts recently on world affairs on the theory that it is relevant to everyone, despite the limited scope of this blog. I admit to stretching that theory somewhat by referring to this post by Steve Bainbridge who comments on a preview photo of a possible new Popemobile, and provides a…