Articles
“Publicness” in Contemporary Securities Regulation After the JOBS Act (with Donald C. Langevoort), 101 Georgetown U. L. J. 337-386 (2013)
A Theory of Representative Suits and Its Application to Multijurisdictional Litigation (with Randall S. Thomas), 106 Northwestern U. L. Rev.1753-1819 (2012)
Shareholder Litigation in Mergers and Acquisitions (with C.N.V. Krishnan, Ronald W. Masulis & Randall S. Thomas) 18 J. Corp. Finance 1248-1268 (2012)
Market Makers and Vampire Squid: Regulating Securities Markets after the Financial Meltdown, 89 Washington U. L. Review 323-375 (2011)
Allocating the Roles for Contracts and Judges in the Closely Held Firm, 33 West. N. Eng. L. Rev. 369-403 (2011) (Symposium on Fiduciary Duties in the Closely Held Business)
The Case for Iterative Statutory Reform: Appraisal and the Model Business Corporation Act, 74 L. & Contemp. Prob. 253-269 (2011)
The Short, But Interesting Life of Good Faith as an Independent Liability Rule, 55 N.Y.L.Sch. L. Rev. 543-559 (2010/11)
The Future of Agency Independence (with Lisa Schultz Bressman) 63 Vand. L. Rev. 599-672 (2010)
The SEC after the Financial Meltdown: Social Control over Finance? 71 U. Pitt. L. Rev. 567-583 (2010)
Securities Law and the New Deal Justices (with Adam C. Pritchard) 95 Va. L. Rev. 841-926 (2009).
Corporate Voting (with Paul Edelman) 62 Vand. L. Rev. 129-175 (2009).
Delaware’s Disclosure: Moving the Line of Federal-State Corporate Regulation 2009 U. Illinois. L. Rev.167-190.
Defining the Shareholder’s Role, Defining a Role for State Law, 33 Del. J. Corp. L. 771-788 (2008)
Globally Integrated Corporations as “Good for the Country”: The Impact of Soft Law. 10 Soft Law J. 33-56 (2007) (translated to Japanese).
The Dilemma of Odious Debts (with Lee C. Buchheit and G. Mitu Gulati), 56 Duke L. J. 1201-1262 (2007).
Corporate Federalism in the Administrative State: The SEC’s Discretion to Move the Line Between the State and Federal Realms of Corporate Governance 82 Notre Dame L. Rev. 1143-1186 (2007).
Securities Litigation and Its Lawyers: Changes during the First Decade after the PSLRA, (with Stephen J. Choi) 106 Colum. L. Rev. 1489-1533 (2006)
Federal Corporate Law: Torts and Fiduciary Duty, 31 J. Corp. L. 877-891 (2006)
Wall Street Scandals: The Curative Effects of Finance and Law (with William G. Christie), 84 Washington U. L. Rev. 1567-1590 (2006)
Corporate Law Criteria: Law’s Relation to Private Ordering, 2 Berkeley Bus. L. J. (2005) 95-104
Piercing the Veil: Is the Common Law the Problem? 37 Conn. L. Rev. 619-637 (2005)
The Public and Private Faces of Derivative Suits, 57 Vand. L. Rev. 1747-1793 (2004) (with Randall S. Thomas)
The Supreme Court and Private Law: The Vanishing Importance of Securities and Antitrust, 53 Emory L. J. 1571-1644 (2004) (with E. Thomas Sullivan)
Delaware, the Feds and the Stock Exchange: Challenges to the First State as First in Corporate Law, 29 Del. J. Corp. L. 779-804 (2004)
The New Look of Shareholder Litigation: Acquisition-Oriented Class Actions, 57 Vand. L. Rev. 133-209 (2004) (with Randall S. Thomas)
Agency Law and Asset Partitioning, 71 U. Cin. L. Rev. 1321-1343 (2003)
Collaborative Corporate Governance: Listing Standards, State Law, and Federal Regulation, 38 Wake Forest L. Rev. 961-982 (2003)
Securities Fraud as Corporate Governance: Reflections upon Federalism, 56 Vand. L. Rev. 857-908 (2003) (with Hillary A. Sale)
Corporate Governance After Enron, 40 Houston L. Rev. 99-117 (2003)
Takeover Regulation after the Convergence of Corporate Law, 24 Sydney L. Rev. 323-335 (2002)
Van Gorkom's Legacy: The Limits of Judicially Enforced Constraints and the Promise of Proprietary Incentives, (with Charles Elson), 96 Northwestern L. Rev. 579-593 (2002)
Toward a New Theory of the Shareholder Role: Sacred Space and Corporate Takeovers, (with D. Gordon Smith) 80 Tex. L. Rev. 261- 326 (2001)
Credibility and Information in Securities Markets After Regulation FD, (with Ronald King), 79 Wash U. L.Q. 615-637 (2001)
Teaching Business Associations: Norms, Economics and Cognitive Learning, 34 Ga. L. Rev. 997-1009 (2000)
Preemption and Federalism in Corporate Governance: Protecting Shareholder Rights to Vote, Sell and Sue, 62 L & Contemp. Prob. 215-242 (1999)
Insider Trading, Investor Harm, and Executive Compensation, 50 Case West. R. L. Rev. 291-304 (1999)'Shareholders as Grown-ups: Voting, Selling and Limits on the Board’s Power to Just ‘Say No,’ 67 U. Cin. L. Rev., 999-1020 (1999)
Piercing the Veil Within Corporate Groups: Corporate Shareholders as Mere Investors, 13 Conn. J. Int’l. L. 379-396 (1999)
The Basic Business Associations Course: An Empirical Study of Methods and Content, 48 Journal of Legal Education 438-448 (1998)
Securities Regulation in an Electronic Age: The Impact of Cognitive Psychology, 75 Wash. U. L.Q. 779-789 (1997)
The Limits of Liability in the New Limited Liability Entities, 32 Wake Forest L. Rev. 1-29 (1997)
“Simplicity and Certainty” in the Measure of Recovery Under Rule 10b-5, 51 Business Lawyer 1177-1201 (1996)
Exit, Liquidity and Majority Rule: Appraisal’s Role in Corporate Law, 84 Georgetown L.J. 1-60 (1995)
The Taming of Limited Liability Companies, 66 U. Colo. L. Rev. 921-946 (1995)
Value Creation by Lawyers Within Relational Contracts and in Noisy Environments, 74 Oregon L. Rev. 315-325 (1995)
Unpacking Limited Liability: Direct and Vicarious Liability of Corporate Participants for Torts of the Enterprise, 47 Vand. L. Rev. 1-41 (1994)
The Shareholder’s Cause of Action for Oppression, 48 Business Lawyer 699-745 (1993)
Foreword--Evolving Business Associations: Understanding the Role of Law, 70 Wash. U. L.Q. 265-75 (1992) (Foreword to the F. Hodge O’Neal Conference on Corporate Law & Finance)
“Piercing the Corporate Veil: An Empirical Study,” 76 Cornell L. Rev. 1036-1074 (1991)
“The Law’s Limits on Contracts in a Corporation,” 15 J. Corp. L. 377-415 (1990). Reprinted in 33 Corporate Practice Commentator 1 (1991)
“Corporate Dissolution and Shareholders’ Reasonable Expectations,” 66 Wash. U. L.Q. 193-238 (1988)
“Defining the Federal and State Realms of Tender Offer Regulation,” 64 Wash. U. L.Q. 1059-1102 (1987)
“Squeeze-Out Mergers and the ‘New’ Appraisal Remedy,” 62 Wash. U. L.Q. 415-434 (1984). Reprinted in 27 Corporate Practice Commentator 193 (1985)
“The Measure of Recovery Under Rule 10b-5: A Restitution Alternative to Tort Damages,” 37 Vand. L. Rev. 349-398 (1984). Reprinted in Securities Law Review 1985, 213-262. Cited by the majority and dissenting opinions in Randall v. Loftsgaarden, 478 U.S. 647 (1986)
“United States Jurisdiction Over Foreign Subsidiaries: Corporate and International Law Aspects,” 15 Law & Pol’y Int’l Bus. 319-400 (1983). Reprinted in Corporate Counsel’s Annual - 1984, 1005-1081
“The Shrinking Definition of a Security: Why Purchasing All of a Company’s Stock is not a Federal Security Transaction,” 57 N.Y.U. L. Rev. 225-279 (1982). Reprinted in Corporate Counsel’s Annual - 1983, 317-373
A Theory of Representative Suits and Its Application to Multijurisdictional Litigation (with Randall S. Thomas), 106 Northwestern U. L. Rev.1753-1819 (2012)
Shareholder Litigation in Mergers and Acquisitions (with C.N.V. Krishnan, Ronald W. Masulis & Randall S. Thomas) 18 J. Corp. Finance 1248-1268 (2012)
Market Makers and Vampire Squid: Regulating Securities Markets after the Financial Meltdown, 89 Washington U. L. Review 323-375 (2011)
Allocating the Roles for Contracts and Judges in the Closely Held Firm, 33 West. N. Eng. L. Rev. 369-403 (2011) (Symposium on Fiduciary Duties in the Closely Held Business)
The Case for Iterative Statutory Reform: Appraisal and the Model Business Corporation Act, 74 L. & Contemp. Prob. 253-269 (2011)
The Short, But Interesting Life of Good Faith as an Independent Liability Rule, 55 N.Y.L.Sch. L. Rev. 543-559 (2010/11)
The Future of Agency Independence (with Lisa Schultz Bressman) 63 Vand. L. Rev. 599-672 (2010)
The SEC after the Financial Meltdown: Social Control over Finance? 71 U. Pitt. L. Rev. 567-583 (2010)
Securities Law and the New Deal Justices (with Adam C. Pritchard) 95 Va. L. Rev. 841-926 (2009).
Corporate Voting (with Paul Edelman) 62 Vand. L. Rev. 129-175 (2009).
Delaware’s Disclosure: Moving the Line of Federal-State Corporate Regulation 2009 U. Illinois. L. Rev.167-190.
Defining the Shareholder’s Role, Defining a Role for State Law, 33 Del. J. Corp. L. 771-788 (2008)
Globally Integrated Corporations as “Good for the Country”: The Impact of Soft Law. 10 Soft Law J. 33-56 (2007) (translated to Japanese).
The Dilemma of Odious Debts (with Lee C. Buchheit and G. Mitu Gulati), 56 Duke L. J. 1201-1262 (2007).
Corporate Federalism in the Administrative State: The SEC’s Discretion to Move the Line Between the State and Federal Realms of Corporate Governance 82 Notre Dame L. Rev. 1143-1186 (2007).
Securities Litigation and Its Lawyers: Changes during the First Decade after the PSLRA, (with Stephen J. Choi) 106 Colum. L. Rev. 1489-1533 (2006)
Federal Corporate Law: Torts and Fiduciary Duty, 31 J. Corp. L. 877-891 (2006)
Wall Street Scandals: The Curative Effects of Finance and Law (with William G. Christie), 84 Washington U. L. Rev. 1567-1590 (2006)
Corporate Law Criteria: Law’s Relation to Private Ordering, 2 Berkeley Bus. L. J. (2005) 95-104
Piercing the Veil: Is the Common Law the Problem? 37 Conn. L. Rev. 619-637 (2005)
The Public and Private Faces of Derivative Suits, 57 Vand. L. Rev. 1747-1793 (2004) (with Randall S. Thomas)
The Supreme Court and Private Law: The Vanishing Importance of Securities and Antitrust, 53 Emory L. J. 1571-1644 (2004) (with E. Thomas Sullivan)
Delaware, the Feds and the Stock Exchange: Challenges to the First State as First in Corporate Law, 29 Del. J. Corp. L. 779-804 (2004)
The New Look of Shareholder Litigation: Acquisition-Oriented Class Actions, 57 Vand. L. Rev. 133-209 (2004) (with Randall S. Thomas)
Agency Law and Asset Partitioning, 71 U. Cin. L. Rev. 1321-1343 (2003)
Collaborative Corporate Governance: Listing Standards, State Law, and Federal Regulation, 38 Wake Forest L. Rev. 961-982 (2003)
Securities Fraud as Corporate Governance: Reflections upon Federalism, 56 Vand. L. Rev. 857-908 (2003) (with Hillary A. Sale)
Corporate Governance After Enron, 40 Houston L. Rev. 99-117 (2003)
Takeover Regulation after the Convergence of Corporate Law, 24 Sydney L. Rev. 323-335 (2002)
Van Gorkom's Legacy: The Limits of Judicially Enforced Constraints and the Promise of Proprietary Incentives, (with Charles Elson), 96 Northwestern L. Rev. 579-593 (2002)
Toward a New Theory of the Shareholder Role: Sacred Space and Corporate Takeovers, (with D. Gordon Smith) 80 Tex. L. Rev. 261- 326 (2001)
Credibility and Information in Securities Markets After Regulation FD, (with Ronald King), 79 Wash U. L.Q. 615-637 (2001)
Teaching Business Associations: Norms, Economics and Cognitive Learning, 34 Ga. L. Rev. 997-1009 (2000)
Preemption and Federalism in Corporate Governance: Protecting Shareholder Rights to Vote, Sell and Sue, 62 L & Contemp. Prob. 215-242 (1999)
Insider Trading, Investor Harm, and Executive Compensation, 50 Case West. R. L. Rev. 291-304 (1999)'Shareholders as Grown-ups: Voting, Selling and Limits on the Board’s Power to Just ‘Say No,’ 67 U. Cin. L. Rev., 999-1020 (1999)
Piercing the Veil Within Corporate Groups: Corporate Shareholders as Mere Investors, 13 Conn. J. Int’l. L. 379-396 (1999)
The Basic Business Associations Course: An Empirical Study of Methods and Content, 48 Journal of Legal Education 438-448 (1998)
Securities Regulation in an Electronic Age: The Impact of Cognitive Psychology, 75 Wash. U. L.Q. 779-789 (1997)
The Limits of Liability in the New Limited Liability Entities, 32 Wake Forest L. Rev. 1-29 (1997)
“Simplicity and Certainty” in the Measure of Recovery Under Rule 10b-5, 51 Business Lawyer 1177-1201 (1996)
Exit, Liquidity and Majority Rule: Appraisal’s Role in Corporate Law, 84 Georgetown L.J. 1-60 (1995)
The Taming of Limited Liability Companies, 66 U. Colo. L. Rev. 921-946 (1995)
Value Creation by Lawyers Within Relational Contracts and in Noisy Environments, 74 Oregon L. Rev. 315-325 (1995)
Unpacking Limited Liability: Direct and Vicarious Liability of Corporate Participants for Torts of the Enterprise, 47 Vand. L. Rev. 1-41 (1994)
The Shareholder’s Cause of Action for Oppression, 48 Business Lawyer 699-745 (1993)
Foreword--Evolving Business Associations: Understanding the Role of Law, 70 Wash. U. L.Q. 265-75 (1992) (Foreword to the F. Hodge O’Neal Conference on Corporate Law & Finance)
“Piercing the Corporate Veil: An Empirical Study,” 76 Cornell L. Rev. 1036-1074 (1991)
“The Law’s Limits on Contracts in a Corporation,” 15 J. Corp. L. 377-415 (1990). Reprinted in 33 Corporate Practice Commentator 1 (1991)
“Corporate Dissolution and Shareholders’ Reasonable Expectations,” 66 Wash. U. L.Q. 193-238 (1988)
“Defining the Federal and State Realms of Tender Offer Regulation,” 64 Wash. U. L.Q. 1059-1102 (1987)
“Squeeze-Out Mergers and the ‘New’ Appraisal Remedy,” 62 Wash. U. L.Q. 415-434 (1984). Reprinted in 27 Corporate Practice Commentator 193 (1985)
“The Measure of Recovery Under Rule 10b-5: A Restitution Alternative to Tort Damages,” 37 Vand. L. Rev. 349-398 (1984). Reprinted in Securities Law Review 1985, 213-262. Cited by the majority and dissenting opinions in Randall v. Loftsgaarden, 478 U.S. 647 (1986)
“United States Jurisdiction Over Foreign Subsidiaries: Corporate and International Law Aspects,” 15 Law & Pol’y Int’l Bus. 319-400 (1983). Reprinted in Corporate Counsel’s Annual - 1984, 1005-1081
“The Shrinking Definition of a Security: Why Purchasing All of a Company’s Stock is not a Federal Security Transaction,” 57 N.Y.U. L. Rev. 225-279 (1982). Reprinted in Corporate Counsel’s Annual - 1983, 317-373
Book Chapters
“Empirical Studies of Representative Litigation” in Research Handbook on the Economics of Corporate Law (Claire A. Hill & Brett H. McDonnell, editors) (Edward Elgar 2012) (with Randall S. Thomas)
“Restructuring Policy: Carrots, Sticks, and the Sometimes Need of Government to Provide Bailouts” in Restructuring Companies in Troubled Times: Director and Creditor Perspectives (R.P. Austin & F. Aoun, editors) (Ross Parsons Centre, Sydney 2012)
“The Story of Meinhard v. Salmon: Fiduciary Duty’s Punctilio” in Corporate Law Stories (J. Mark Ramseyer, Ed) (Foundation Press 2009)
“Mapping Judicial Review: Sinclair v. Levien” in Iconic Cases in Corporate Law, (Jonathan Macey Ed.) (Thomson/West 2008)
“The Private Company and Our Two Corporate Laws” and “Close Corporations in the United States of America” in The European Private Company? (H. de Kluiver & W. Van Gerven, editors) (Maklu 1995)
“Tender Offer Regulation and the Federalization of State Corporate Law” in Public Policy Toward Takeovers (M. Weidenbaum & K. Chilton, Eds.) (Transaction Books 1988)
“Accounting in a Global Market and in an Electronic Age,” in Festschrift for Bernhard Grossfeld, (Verlag Recht und Wirtschaft, 1999)
“Restructuring Policy: Carrots, Sticks, and the Sometimes Need of Government to Provide Bailouts” in Restructuring Companies in Troubled Times: Director and Creditor Perspectives (R.P. Austin & F. Aoun, editors) (Ross Parsons Centre, Sydney 2012)
“The Story of Meinhard v. Salmon: Fiduciary Duty’s Punctilio” in Corporate Law Stories (J. Mark Ramseyer, Ed) (Foundation Press 2009)
“Mapping Judicial Review: Sinclair v. Levien” in Iconic Cases in Corporate Law, (Jonathan Macey Ed.) (Thomson/West 2008)
“The Private Company and Our Two Corporate Laws” and “Close Corporations in the United States of America” in The European Private Company? (H. de Kluiver & W. Van Gerven, editors) (Maklu 1995)
“Tender Offer Regulation and the Federalization of State Corporate Law” in Public Policy Toward Takeovers (M. Weidenbaum & K. Chilton, Eds.) (Transaction Books 1988)
“Accounting in a Global Market and in an Electronic Age,” in Festschrift for Bernhard Grossfeld, (Verlag Recht und Wirtschaft, 1999)
