‘Do we need a Restatement of the Law of Corporate Governance? (No)’

“In 1978, the American Law Institute authorized a project originally intended to result in a restatement of corporate law. As the decade long process of reaching consensus on the corporate governance project dragged on, it became what is still one of the most controversial projects the ALI ever attempted. Indeed, one highly respected commentator went so far as to describe the project as ‘the most controversial event in the history of American corporate law’ …” (more)

[ProfessorBainbridge.com, 10 June]

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