By Sharifa Hurt I. Introduction The legal rules of corporate governance are necessarily in place to discourage corporate greed and corruption. The situation in which corporate actors operate in self-interest at the cost of their shareholders’ demise is hardly an uncommon circumstance, and often has devastating outcomes. Theranos founder Elizabeth Holmes, defrauded investors out of… Keep Reading
By Steven Moore I. Introduction In December 2022, the House Financial Services Committee convened a hearing to investigate the collapse of the cryptocurrency exchange FTX, which occurred in early November 2022.[1] The testimony provided at this hearing, as well as subsequent reporting, exposed a shocking case of fraud and corporate malfeasance, rivaling the infamy of… Keep Reading
By Sophia Sahagun I. Introduction In December 2022, Southwest Airlines melted down. Almost 16,000 total canceled flights at the end of the month left travelers and employees stranded at airports all over the country.[1] Though at first inclement weather was blamed, later it became clear that this was a Southwest-specific problem about far more than… Keep Reading
By Dawson J. Sanders I. Introduction Jimi Hendrix, Janis Joplin, Jim Morrison, Kurt Cobain – For many, these names together are invariably associated with what Rolling Stone Magazine calls “one of the most elusive and remarkably tragic coincidences in rock & roll history.”[1] The coincidence is now known as “the 27 Club,” referring to the… Keep Reading
By Benjamin Miles I. Introduction to Bankruptcy Fraud Although many foreign legal scholars praise the U.S. bankruptcy system for its effectiveness in providing a fresh start for individuals or businesses in financial distress, the American public largely has lost faith in the system because of its perceived misuse by businesses seeking to evade debt obligations.… Keep Reading
By Elizabeth Lee I. Introduction Ever since advertising first began, companies have utilized celebrities’ fame and power to market their products. In doing so, companies can reach larger audiences and tap into extensive networks of loyal fans. With the rise of social media and platforms like Instagram and TikTok, companies have taken a greater interest… Keep Reading
By Lauren Dickstein I. Introduction: About M&A Mergers and acquisitions, commonly known as M&A, refers to the process of combining different companies through buying and selling.[1] While M&A transactions take place in various forms or “deal structures,” they all involve the transfer of ownership of part or all of a business.[2] For example, a company… Keep Reading