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Myth of director consent: After Shaffer, beyond Nicastro
Delaware, the most influential state in corporate America, routinely invokes an unconstitutional statute, Section 3114, to assert personal jurisdiction over virtually every non-resident director and officer. The Supreme ...
Medicaid, elective shares, and the ghosts of tenures past
Legislators and administrators understandably struggle to ensure that Medicaid benefits are paid only to those who meet the criteria for financial need. Thus, Medicaid benefits will be denied to those who have "available" ...
Brave new world of lawyers in Japan revisited: Proceedings of a panel discussion on the Japanese legal profession after the 2008 financial crisis and the 2011 Tōhoku earthquake
In the United States, the 2008 financial crisis had a serious impact on a legal profession that had been growing strongly for three decades, highlighting fundamental issues concerning the business and educational models ...
Postwar reform of corporate law and corporate governance
(International House of JapanThe Blakemore Foundation, 2010)
This short essay introduces two opposing views, held by two American lawyers who directly participated in the occupation of Japan, on the necessity and success of reforming Japanese corporate law in 1950. One view, by ...
What can we learn from U.S. corporate governance?
This essay re-examines our views of corporate governance in light of the recent influence of U.S. corporate governance institutions on reform efforts in other countries. It suggests that the current emphasis on the roles ...
Reassessment of Japan's big bang financial regulatory reform
(Institute for Monetary and Economic Studies, Bank of Japan, 2011)
This paper reassesses the results of Japan‘s financial deregulation over the last two decades. Japan‘s Big Bang sought to transform a highly regulated bank-centered financial system to a transparent, market-centered financial ...
Cases and materials on business entities