The States as a Laboratory: Legal Innovation and State Competition for Corporate Charters

Delaware and the Market for Llc Law: a Theory of Contractibility and Legal Indeterminacy

Incorporating in Delaware can be expensive. Corporations pay up to $180,000 annually for this simple privilege—a figure that is substantially higher than incorporation in any other state. In their controversial article, Price Discrimination in the Market for Corporate Law, Professors Marcel Kahan and Ehud Kamar show that Delaware’s ability to charge a premium for incorporations, in the form of ...

Getting Stuck Between Bottom and Top: State Competition for Corporate Charters in the Presence of Network Effects

For decades, American legal scholars have debated over the implications of allowing corporations to choose in which state they will incorporate, irrespective of where they do business. Until recently the debate has centered almost exclusively on whether the managers who choose where to incorporate have incentive to choose a state whose laws favor managers to the disadvantage of shareholders (th...

Fact and Fiction in Corporate Law and Governance

INTRODUCTION..................................................................................................... 1325 I. CONTRACTING AT THE IPO STAGE ................................................................. 1331 A. IPO Charters and Takeover Defenses ...................................................... 1332 B. Innovation, Diversity, and the “Plain Vanilla” Charter ......................

بررسی فرآیند حمایت حقوقی از اطلاعات بالینی و آزمایشگاهی داروها در حقوق ایران، اتحادیه اروپا و ایالات متحده آمریکا

One of the most important new evidence of intellectual property that had always plenty of differences behind it regarding the protection or non-protection is the new medicine laboratory information that is presented to the competent state authority for consideration and registry. The original purpose of intellectual property is to protect all property that derives from human intellectual leakin...

Competition for Corporate Charters and the Lesson of Takeover Statutes