prawfbainbridge.bsky.social
Blogs and tweets about Catholicism, corporate law and governance, politics, higher education (especially law schools). and food and wine. Amazon associate. www.professorbainbridge.com
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You couldn't be bothered to find any vocal supporters of Delaware SB 21 for your article or engage the arguments in favor of it? It's not like we're hiding out here.
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Other than the absence of any shred of evidence?
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And I take the point being made by some of SB 21's opponents is to elevate the Delaware judiciary to a pantheon of Platonic guardians whose ruling should sacrosanct and thus immune from review by the pleb's elected representatives.
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Thanks!
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Many questions. 1. Why did you think the original draft of SB 21 tried to write the common law fairness standard out of the law? As I read it, it simply codified (and thus admittedly ossified) Weinberger/Lynch's fairness definition.
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Dude. Tiramisu may be one of the worst desserts ever. Certainly bottom 10. I'd rather eat Rachel's trifle from Friends.
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I'm now inclined to think that the definition of fairness was included in Delaware SB 21 so as to tell courts "don't think you can end run what we're doing by changing the definition of fairness."
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Do you publish your schedule the way Brandon does? (I have mixed feelings about that. At my age, it's conceivable I won't be around when some of his series wrap up, which is sort of depressing. Hopefully heaven has a good lending library.)
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Maybe it was different for girl scouts but us boy scouts got merit badges not badges of honor. My merit badges included the rarely given one for being pedantic.
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I plan on adding more non-Delaware cases to an update to the 12th edition of my Business Associations casebook. Suggestions welcome.
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3/ My fullest discussion of the case against shareholder democracy is in Stephen M. Bainbridge, The Case for Limited Shareholder Voting Rights, 53 UCLA L. Rev. 601, 616-35 (2006).
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2/ As I have written, "we need not value corporate democracy simply because we value political democracy. Indeed, we need not value shareholder democracy very much at all." Stephen M. Bainbridge, Unocal at 20: Director Primacy in Corporate Takeovers, 31 Del. J. Corp. L. 769, 812 (2006).
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Sure. Lovely folks. It was so sad when they had to switch from using hundred dollar bills to light their cigars to using singles after Trulia.
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Don't they all?