Viewing profile — danielisaac

It's not just a character and fitness check for past conduct. Almost all states require that students pass the Multistate Professional Responsibility Exam (MPRE) for admission to t…

Agree with the above. There are also cases in which secured or unsecured creditors will vote for a Chapter 11 reorganization plan to give something to equity holders--even in viola…

Interesting argument, but I think this is somewhat different. A bankrupt company could always offer new equity to its existing creditors as part of a Chapter 11 reorganization plan…

They're not making any money, but they're not universally worse off. Depending on their status (e.g. if their debt is secured by a lien), it's totally possible that some classes of…

I'm pretty eager to see where the ASTM case lands. I'm rooting for Public.Resource.Org, but given that the DC Circuit remanded on fair use (rather than copyrightability), the court…

This is my lane.

> Criminal law is literally a set of statutes. Simply untrue in common law countries (e.g. the US). Criminal law is absolutely driven by judicial opinions and statutory interpretat…

> ...are all much more complex than the laws governing the cases that come before these low-level courts. The law is hardly a set of statutes. It's comprised of thousands of judici…

I think it's unlikely that Adam would be liable for having accepted an inflated valuation. Courts typically give management pretty wide latitude to make business decisions as along…

This is a slight oversimplification. Self-dealing can create a presumption of unfairness, but it's rebuttable under certain circumstances. For example, if Adam had disclosed the tr…