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Showing results for:  “ribstein”

SSRN Top Tens for Corporate, Corporate Governance, and Securities Law

The current SSRN top tens for corporate, corporate governance, and securities law are after the jump.

Stock Options, Exec. Comp., etc.

I had lunch with a new colleague today, and we discussed both stock options and the SEC’s new Exec. Comp. rule.  My colleague asked many good questions, not the least of which dealt with securities fraud.  Given that I live alone, my conversation with my colleague was the first time I had tested out my ... Stock Options, Exec. Comp., etc.

SSRN Top Tens for Corporate, Corporate Governance, and Securities Law

The current SSRN top tens for corporate, corporate governance, and securities law are after the jump.

SSRN Top Tens for Corporate, Corporate Governance, and Securities Law

The current SSRN top tens for corporate, corporate governance, and securities law are after the jump.

Anabtawi on Spring-loaded Options

Over at Professor Bainbridge’s place, Iman Anabtawi has some thoughts on the granting of “spring-loaded” options, an option granted at a market price that does not incorporate some favorable non-public information, and insider trading laws. The practice is analytically similar to granting a discount option (one with an exercise price below the market price) and ... Anabtawi on Spring-loaded Options

The Conglomerate Enron Forum

The Conglomerate Enron Forum is up and running with a handful (yes, 1, 2, 3, 4, and 5!) of posts from Larry Ribstein, as well as entries from Bill Bratton, Ellen Podgor, Don Langevoort, Victor Fleischer, Nancy Rapoport, and Matt Bodie.  The lineup also includes John Coffee, Thomas Joo, Vic Khanna, and of course, the ... The Conglomerate Enron Forum

In Defense of Short-Selling

In today’s W$J, Holman Jenkins stands up for short-sellers, and rightly so. Those folks have taken a bit of a beating lately. They’ve been sued by companies like Biovail and Overstock.com and trashed on talk shows like CBS’s 60 Minutes. [NOTE: I originally linked to the 60 Minutes segment, but I just realized that the ... In Defense of Short-Selling

Universities redux: The anti-market folks begin to crow

Last week I made a few observations and asked a few questions about higher education in the wake of the Summers fiasco (which I dubbed l’Affair Étés, but apparently no one thought that was nearly as clever as I did). Over at Prawfsblawg, guest blogger Jonathan Zittrain takes NYT columnist John Tierney (for my money, ... Universities redux: The anti-market folks begin to crow

On disclosure: Hands-tying

Dale Oesterle has called Gretchen Morgenson a “national treasure.” Today Larry Ribstein exposes the treasure for fool’s gold. I’m with Larry on this one. Morgenson’s article on executive compensation is yellow journalism at its worst (well, at least a far as business journalism goes. And really — what else is there?). As Larry suggests, hatchet ... On disclosure: Hands-tying

Directors' Duties Even in Solvent Firms

In the Ribstein & Alces paper mentioned below by Keith, Ribstein & Alces write: The problem with holding that directors have duties to the “corporation” is that the corporation is composed of contracts among claimants with varying and possibly conflicting interests in the firm’s wealth. In solvent firms this is not troubling. Serving the firm’s ... Directors' Duties Even in Solvent Firms

Directors’ Duties in Failing Firms

Larry Ribstein over at Ideoblog has written (together with coauthor Kelli Alces) an important new paper concerning the fiduciary duties of directors of failing firms. Conventional wisdom (as often stated in law review articles and judicial dicta) is that director fiduciary duties, though generally owed to shareholders, shift from shareholders to creditors when the firm ... Directors’ Duties in Failing Firms

Venture Backed Firms Going Public in London

This article from CFO.com reports that VCs have been having trouble taking their portfolio companies public in the U.S. largely because SOX has made it too expensive for small companies and the Wall Street research settlement has resulted in much less analyst coverage of small public companies. Larry Ribstein also talks about this here. As ... Venture Backed Firms Going Public in London