This Article proposes and describes operationally a rule-based method for comparing corporate or other entity laws. The method consists of six steps. The first step is to create a hypothetical fact scenario that raises the aspect of corporate law that is of interest to the researchers. The...

This manuscript is the first chapter from a law school casebook in the Aspen Casebook Series. The casebook, Business Associations: A Systems Approach, is scheduled for publication on September 15, 2020. The book is grounded in the understanding that corporations, partnerships, LLCs, and limited...

Delaware dominates the competition to sell corporate charters. Leading scholars consider that dominance so great as to be irreversible. This book chapter argues that the advent of arbitration bylaws makes reversal not merely possible, but likely.Delaware's competitive advantage results almost...

This paper explains the VisiLaw marking system. It includes a complete, VisiLaw-marked copy of the Delaware General Corporation Law, current as of July 1, 2014. VisiLaw is a patented and commercially successful system for marking legal text to make it faster and easier to read. The markings...

This paper explains the VisiLaw marking system in a short introduction and contains a complete, VisiLaw-marked copy of the <em>Delaware</em> General Corporation Law, including all laws effective as of May 5, 2015. VisiLaw is a patented and commercially successful system for marking legal text to make it...

Of the large, public companies that seek to remain in business through bankruptcy reorganization, only 70% succeed. The assets of the other 30% are absorbed into other businesses. Success is important both because it is efficient and it preserves jobs, communities, supplier and customer...

VisiLaw is a system for marking statutes to make them easier to read. This paper contains a short introduction to VisiLaw and a complete, VisiLaw-marked, copy of the Delaware General Corporation Law. The corporation law is current through end of the legislative session on June 30, 2019. It...

This article presents the findings of an empirical study of professional fee and expense awards by United States Bankruptcy Courts in 48 large public company bankruptcy cases concluded from 1998 through the first half of 2002. Data was gathered from fee applications and orders in the courts...

In an article recently published in the Stanford Law Review Professors Douglas G. Baird and Robert K. Rasmussen assert that big-case bankruptcy reorganizations have "all but disappeared" and give three theoretical explanations. This reply provides empirical evidence that the assertion is wrong;...