Author
Our Trade Law System
Jun. 5, 2020—Kathleen Claussen | 73 Vand. L. Rev. En Banc 195 (2020) | In Misaligned Lawmaking, Timothy Meyer identifies a major problem in U.S. trade law design. Professor Meyer argues that there is a misalignment between trade liberalization laws—laws that enable the executive branch to lower trade barriers with other countries—and trade adjustment assistance laws—laws that...
Irrational Inequality: The Role of Fact-Based Review in Equality Change
May. 27, 2020—Katie Eyer | 73 Vand. L. Rev. En Banc 177 (2020) | In Broken Records: Reconceptualizing Rational Basis Review to Address “Alternative Facts” in the Legislative Process, Joseph Landau offers an important exposition of how legislative records “predicated on a false factual foundation” are, and ought to be, treated by constitutional equality law. As Landau...
Taking an Interest in Inmate Trust Accounts
May. 27, 2020—Charlotte Elam | 73 Vand. L. Rev. En Banc 143 (2020) | The Fifth Amendment’s Takings Clause is generally unconcerned about the size of property taken. But is it more concerned about the person from whom the property is taken? When that person is a prisoner, courts have found the relevance of the Takings Clause...
Making Litigating Citizenship More Fair
May. 14, 2020—Ming H. Chen | 73 Vand. L. Rev. En Banc 133 (2020) | In Litigating Citizenship, Cassandra Burke Robertson and Irina D. Manta chart the contours of expanding immigration enforcement in the Trump administration: from criminal aliens and illegal aliens, to legal immigrants, to naturalized citizens. In their own words, their interest is “How do...
Delaware Supreme Court Approves Federal Forum Selection Provision for Securities Act Claims
May. 7, 2020—Robert S. Reder | 73 Vand. L. Rev. En Banc 123 (2020) | “In 2018, the Delaware Court of Chancery (“Chancery Court”) confronted the question of whether a corporation could validly adopt an exclusive forum selection provision requiring that claims under the Securities Act of 1933 (“Securities Act”) be brought in federal rather than state...
Chancery Court Dismisses Breach of Fiduciary Duty Claims Against Target Company Directors Despite Unavailability of Corwin Defense
May. 4, 2020—Robert S. Reder & Lorin Hom | 73 Vand. L. Rev. En Banc 111 (2020) | “In Morrison III, Vice Chancellor Glasscock again dismissed the claims of fiduciary breach brought against all but one of the named target company directors, citing failure by plaintiff to adequately plead facts satisfying the high bar imposed by an...
Spring 2020 Alumni Newsletter
Apr. 21, 2020—Vanderbilt Law Review Alumni Newsletter Spring 2020
Chancery Court Denies Rescission of Merger Agreement Where “Indispensable” Company Stockholders Not Named as Parties to Litigation
Apr. 21, 2020—Robert S. Reder & Jacob R. Haskins | 73 Vand. L. Rev. En Banc 105 (2020) | It is customary, when a private corporation with numerous stockholders is sold, for a representative to be appointed to act on behalf of the stockholders if a dispute arises post-closing with respect to a purchase price adjustment or...
Norcraft Appraisal: Chancery Court Gives No Weight to Deal Price Negotiated in a Conflicted CEO-Led Transaction with a Flawed Sales Process
Apr. 21, 2020—Robert S. Reder & Szymon S. Barnas | 73 Vand. L. Rev. En Banc. 93 (2020) | “[I]n Blueblade Capital Opportunities LLC v. Norcraft Companies, Inc., No. CV 11184-VCS, 2018 WL 3602940 (Del. Ch. July 27, 2018) (hereinafter “Norcraft Appraisal Action”), the Chancery Court determined that neither the deal price produced by the sales process...
The Misuse of Tobin’s q
Mar. 25, 2020—Robert Bartlett & Frank Partnoy | 73 Vand. L. Rev. 353 (2020) | In recent years, scholars have addressed the most important topics in corporate law based on a flawed assumption: that the ratio of the market value of a corporation’s securities to their book value is a valid measure of the value of the...
Broken Records: Reconceptualizing Rational Basis Review to Address “Alternative Facts” in the Legislative Process
Mar. 25, 2020—Joseph Landau | 73 Vand. L. Rev. 425 (2020) | In 2016, North Carolina passed “HB2,” also known as the “bathroom ban”—a law prohibiting transgender individuals from accessing public restrooms corresponding to their gender identity—based on the unfounded fear that cisgender men posing as transgender women would assault women and girls in bathrooms. Around the...
Patenting New Uses for Old Inventions
Mar. 25, 2020—Sean B. Seymore | 73 Vand. L. Rev. 478 (2020) | A bedrock principle of patent law is that old inventions cannot be patented. And a new use for an old invention does not render the old invention patentable. This is because patent law requires novelty—an invention must be new. But while a new use...
Shackling Prejudice: Expanding the Deck v. Missouri Rule to Nonjury Proceedings
Mar. 25, 2020—Sadie Shourd | 73 Vand. L. Rev. 535 (2020) | Courts in the United States have traditionally held that criminal defendants have the right to be free from unwarranted restraints visible to the jury during the guilt phase of a trial. The term “unwarranted restraints” refers to the use of restraints on a defendant absent...
Artistic Justice: How the Executive Branch Can Facilitate Nazi-Looted Art Restitution
Mar. 25, 2020—Paige Tenkhoff | 73 Vand. L. Rev. 569 (2020) | Eight decades after the Holocaust, many pieces of art stolen from Jewish families still sit in the state-owned museums of former Nazialigned regimes. In an effort to right old wrongs, plaintiffs are bringing suit in the United States against the foreign governments who retain the...
In Defense of Excellence
Jan. 29, 2020—Jasper L. Tran | 73 Vand. L. Rev. En Banc 71 | Reviewed: Anthony T. Kronman, THE ASSAULT ON AMERICAN EXCELLENCE, Free Press 2019. Pp. 272. $27.00 Hardcover. “Up until recently, excellence had been an educational ideal. At the founding of the Catholic University of Ireland in 1852, John Henry Newman envisioned a university as a...
Chancery Court Indicates Willingness to Extend M&F to Compensation Award to Controlling Stockholder
Jan. 28, 2020—Robert S. Reder & Alexandra N. Bakalar | 73 Vand. L. Rev. En Banc 61 (2020) | PDF Download Link “Delaware courts are tasked with reviewing breach of fiduciary duty claims arising from a variety of commercial transactions. No matter the type of transaction, however, the standard of review applied by the court is all-important...