Litigation

Shareholder Suits and Outside Director Liability: The Case of Korea

Reforms to Korean corporate and securities law carried out in the wake of the 1997-1998 East Asian financial crisis included a mandate that boards...

The Shifting Tides of Merger Litigation

In 2015, Delaware made several important changes to its laws concerning merger litigation. These changes, which were made in response to a perception...

Corporate Litigation, Governance, and the Role of Law Firms

Corporations pay out large settlements to their shareholders and other plaintiffs as compensation for corporate governance failures. Hired to...

Litigation in Mergers and Acquisitions

The Paradox of Delaware’s “Tools at Hand” Doctrine: An Empirical Investigation

Much has been written on the subject of abusive shareholder litigation. The last decade has witnessed at first an increase and then a dramatic spike in...

Mapping Types of Shareholder Lawsuits Across Jurisdictions

Shareholder litigation has been a prominent topic in the comparative corporate governance literature for decades. However, scholars trained in a...

Research Handbook on Comparative Corporate Governance: Introduction

This chapter introduces the Research Handbook on Comparative Corporate Governance and surveys several of the central themes addressed in the book....

Auditors' Multi-Layered Liability Regime

Understanding the (Ir)Relevance of Shareholder Votes on M&A Deals

Has corporate law and its bundles of fiduciary obligations become irrelevant? Over the last thirty years, the American public corporation has...

Corporate Fraud and the Consequences of Securities Class Action Litigation

We analyze class action litigation as a corporate governance device. Firms that have lower internal governance standards and those with fewer external...

Corporate Darwinism: Disciplining Managers in a World with Weak Shareholder Litigation

Corporate legal scholarship largely focuses on addressing managerial agency costs. As part of this paradigm, legal scholars examine how effectively...

Mandatory Arbitration of Intra-Corporate Disputes in Brazil: A Beacon of Light for Shareholder Litigation?

We survey law firms, firms and institutional investors to better understand their preferred method of intracorporate dispute resolution in Brazil....