IdeoBlog
A blog about ideas relating to the law and legal academia.
Author: Law professor Larry E. Ribstein teaches courses on business organizations, market regulation and unincorporated business and securities at the University of Illinois College of Law. He also maintains a blog, Busfilm, focusing on how business is depicted in the movies.
Blawg Related Categories: Corporate Law • Law Professors • Media & Communications Law • Securities Law • University of Illinois • Law Professor • Business Law • Economics
Recent Posts from IdeoBlog
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Hot off the press: Litigating in LLCs
My article, Litigating in LLCs, has been published in The Business Lawyer. Here's the abstract: One of the most important issues involving limited liability companies is the appropriate way to characterize and handle disputes among…
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Off to Scotland
For the next couple of weeks here's where I'll be. No, not in the cemetary, but looking at it. Sort of a momento mori. Anyway, this gives a good picture of my internet access. So…
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Obama proposes SOX II
Here's a nifty summary, and Bainbridge's early critique. I haven't evaluated the proposal closely, and won't be able to for awhile because I'm about to get out of range for a couple of weeks. But…
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Conglomerate book club: Street Fighters
Over at the Glom, they're having a discussion of Kate Kelly's Street Fighters about the last days of Bear Stearns. Here's my entry on who killed the Bear.
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Volcker talking sense on hedge funds
Volcker told the International INstitute of Finance meeting in Beijing June 11: Hedge funds and private-equity funds have an entirely legitimate role to play in providing liquidity and innovation in our capital markets. I do…
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Dismantling capitalism: substituting government decisions for market prices
The WSJ has an interesting article on what it means to insert the government into decisions that used to be made by the price system. Cabela, the hunting goods store, got TALF money. So now…
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Dismantling capitalism: The hidden costs of the government's implicit guarantee
In the film Other People’s Money, Larry the Liquidator Garfiled said: “You can change all the laws you want. You can't stop the game. I'll still be here. I adapt.” Well, maybe, but John Carney…
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Dismantling capitalism: the hidden costs of Chrysler's 363 sale
Saturday’s WSJ notes that the “363 sale” used in Chrysler (referring to Section 363 of the Bankruptcy Code) is typically used to shed assets * * * that need[] to be sold quickly to maximize…
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The significance of the Cravath deferrals
The Law Blog and ATL, among others, are reporting deferrals at Cravath. The payment terms are generous. Cravath is supposedly saying its business is fine, it just has too many associates and summer clerks because…
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Private equity-backed IPOs
Private equity bashing is inevitable as entrenched interest groups defend their corporate turf. They will try to show that substitutes are hazardous – despite the manifest difficulties with corporate governance we’ve observed, especially lately. Consider…