Law & Business

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Business Associations Spring 2007 Class # 6

Topic: Introduction to Partnerships Assigned reading: KRB 91-108, 140-151 Cases: Fenwick v. Unemployment Compensation Commission; Martin v. Peyton; Young v. Jones; National Biscuit Company v. Stroud; Summers v. Dooley; Moren ex rel. Moren v. JAX Restaurant; Day v. Sidley & Austin …Continue Reading...

Wednesday, January 31 2007

Costco CEO Supports Minimum Wage Boost. But Why?

From the WaPo:The chief executive of Costco Wholesale, the nation's largest wholesale club, yesterday became the most prominent member of a new organization of business owners and executives pressing Congress to approve an increase in the federal minimum wage. Jim Sinegal, …Continue Reading...

Wednesday, January 31 2007

What’s Wrong with Shareholder Nominations Anyway?

Lisa Fairfax poses that question over at Conglomerate, noting the various reasons HP has offered for ooposing a shareholder proposal "to allow certain shareholders to gain access to the corporation’s proxy in order to nominate up to two directors." This was …Continue Reading...

Tuesday, January 30 2007

Hedge Funds and Empty Voting

My latest op-ed for the Examiner is Sunlight the best disinfectant for hedge fund empty voting:As Texas law professors Henry Hu and Bernard Black have demonstrated, this so-called “empty voting” phenomenon is potentially subject to serious abuses. Because the hedge fund …Continue Reading...

Tuesday, January 30 2007

Lichtman Leaves Chicago for UCLA

UCLA just announced the hiring of Doug Lichtman. Prior to agreeing to join the UCLA law faculty, Lichtman was a tenured member of the University of Chicago law faculty. He will add considerable strength to our IP and technology law programs:Mr. …Continue Reading...

Monday, January 29 2007

Flyer for my SOX Book

Flyer for my SOX Book Originally uploaded by Professor Bainbridge. Here's the flyer for my forthcoming book, The Complete Guide to Sarbanes-Oxley, which you can already pre-order from Amazon.

Monday, January 29 2007

Business Associations Spring 2007 Class # 5

Topic: Consequences of Creating an Agency Relationship: Tort; Fiduciary Durites of Agents Assigned reading: KRB6 75-90; Restatement (Second) of Agency sec. 13, 395-396, 404 Cases: Majestic Realty Associates, Inc. v. Toti Contracting Co.; Reading v. Regem; General Automotive Manufacturing Co. v. …Continue Reading...

Monday, January 29 2007

Baude’s Book Selection

Will Baude reports that as he prepared for his exam in Business Organization, he relied on:The Economic Structure of Corporate Law, by Easterbrook and Fischel, has been something like my bible throughout learning and studying for my exam. It is implausible …Continue Reading...

Saturday, January 27 2007

Wine & Food

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Pine Ridge Epitome (Carneros) 2003

This wine has all the ingredients for producing a Chardonnay that would illustrate everything that's wrong with California Chardonnay these days: Dijon clones, new French oak, extended lees aging, and so on. Instead of producing an overblown, industrialized, woody wine, however, …Continue Reading...

Saturday, January 27 2007

Ridge Pagani Ranch Zinfandel (Sonoma County) 1997

Since last noted in 11/2004, this wine has continued to evolve, proving an exception to the general rule that Zinfandel lasts but does not age. Huge bouquet of spice, pepper, briars, and dark berries. The palate offered a more claret-like impression …Continue Reading...

Saturday, January 20 2007

Behrens & Hitchcock Alder Springs Merlot (Mendocino) 2002

This is precisely what a quality young Merlot should be. Plenty of forward fruit (plums, raspberry, and blueberry) with smooth tannins that make it easy to drink now. At the same time, however, there's enough stuffing to suggest that up to …Continue Reading...

Friday, January 19 2007

Rodney Strong Cabernet Sauvignon (Sonoma County) 2002*

I lasted tasted this wine in 10/2006, when I gave it a B-. Tonight's bottle was more impressive. Jammy cherry, berry, and cocoa flavors with chalky tannins. More fruit than I recall the last bottle offering. Very attractive at this price …Continue Reading...

Thursday, January 18 2007

Pesto Crusted Rack of Lamb with Rice Cooker Green Pea Risotto

A nice example of quasi-homemade cooking. Rack of Lamb An 8 bone rack of lamb, Frenched A tub of store-bought basil pesto, reserving 2 tablespoons for the risotto Panko bread crumbs Salt and pepper Olive oil spray Season the lamb with …Continue Reading...

Saturday, January 13 2007

Silver Oak (Alexander Valley) 1992

California wine writer Bob Thompson used to say that most California Cabernet Sauvignon is at prime drinking age at 8-15 years from release. These days, of course, all too much California Cabernet Sauvignon is vinified to be drinkable upon release and …Continue Reading...

Saturday, January 13 2007

Smith-Madrone Chardonnay (Napa Valley) 2003

Since last noted in 9/2005, this Spring Mountain-sourced hillside Chardonnay has continued to evolve in bottle. It's now offering an interesting mix of mature aromas and flavors, including almonds, caramel, and butterscotch, although there's still plenty of bright melon and stone …Continue Reading...

Saturday, January 13 2007

San Simeon Chardonnay (Monterey) 2002*

An inoffensive, neutral white wine mostly lacking in Chardonnay characteristics, except for a modest amount of oak. An okay wine with which to cook, but that's about it. Grade: C-

Saturday, January 13 2007

Punditry

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The Law Blog Football Hall of Fame

A challenge:With Super Bowl XLI just days away, we need your help in creating the Law Blog Football Hall of Fame. The 11-member team will be announced during halftime of Sunday’s game. Our suggested formula is simple: one part football talent, …Continue Reading...

Wednesday, January 31 2007

Books in Brief

Andy Olree, The Choice Principle: The Biblical Case for Legal Toleration -- An argument founded in Evangelical theology for a quasi-libertarian political framework in which sinful choices are not regulated by law except where they victimize others. Eric Klinenberg, Fighting for …Continue Reading...

Wednesday, January 31 2007

Politicians and Consistency

Glenn Greenwald catches Republican politicians flip-flopping on the scope of Congressonal war powers. When Clinton was bogged down in Somalia, they endorsed expansive Congressional war powers. Now that Bush is bogged down in Iraq, they're emphasizing Presidential power. But so what? …Continue Reading...

Tuesday, January 30 2007

The Constitutionality of the Marine Corps?

Over at the Volokh Conspiracy, Ilya Somin and Eugene Volokh are blogging about the constitutionality (perhaps more precisely the constitutional status) of the Air Force, the Marine Corps, and the Coast Guard. It's all pretty Scholastic, but since Eugene claims "the …Continue Reading...

Tuesday, January 30 2007

Partisan Front Page of the University of Chicago Law School Website

Does it strike anybody else that such an explicitly partisan quote doesn't belong on the front page of a law school's website? Indeed, could one not argue that it creates a hostile educational environment for conservative students and faculty? UChicagoFront Originally …Continue Reading...

Friday, January 26 2007

Meet the New Blog, [Not Quite] the Same as the Old Blog

Okay. The experiment didn't work. Trying to manage three blogs proved far more of a hassle than it was worth, while most readers who commented on the so-called magazine format didn't like it. So I've consolidated my blogging activities back here …Continue Reading...

Thursday, January 25 2007

Second Annual Conference on Empirical Legal Studies

The Second Annual Conference on Empirical Legal Studies will be held on November 9-10, 2007. I've been asked to announce that:The conference's goals are: (i) to encourage and develop empirical and experimental scholarship on legal issues by providing scholars with an …Continue Reading...

Wednesday, January 24 2007

Bloggers would not be lobbyists

Mark Fitzgibbons continues to claim that Section 220 of the Senate ethics reform bill would treat bloggers as lobbyists, criticizing me personally. He continues to be wrong. I can understand why Fitzgibbons, Viguerie and their ilk want people to think bloggers …Continue Reading...

Monday, January 22 2007