Jared A Ellias and Elisabeth de Fontenay, ‘The Credit Markets Go Dark’, 134 Yale Law Journal 779 (2025). Corporate governance and corporate finance operate very differently as legal academic topics. With governance, there’s always some new legal development – a Delaware ruling, a provision in a corporate code, or a new SEC regulation. Failing that, the international corporate governance machine is a reliable generator of new material, whether a new wrinkle on a monitoring process or a substantive initiative falling inside the big tent of corporate purpose. With finance, law and legal theory are more in the back seat while practice takes the lead … (more)
[Bill Bratton, JOTWELL, 27 February 2025]
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