June 2005

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.

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.

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.

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.

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