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Principles of Fiduciary Deference: The Business Judgment Rule and Exculpatory Clauses

Farrel Fritz

A number of lawsuits have percolated through New York’s courts over the past five years between Adam Max, son of world-renowned visual artist Peter Max, and Adam’s sister, Libra, over control and management of the family business, ALP, Inc., Adam’s Allegations. The Dismissal Motion.

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SEC Chair on Final Rules Regarding Short Sale Activity

Reynolds Holding

Congress did so even though the Financial Industry Regulatory Authority (FINRA) already had been making some disclosures with regard to short sale transactions. Separately, since 1978, investment managers have had to report their long positions quarterly on so-called 13f filings.

Equity 40
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We Need to Move Beyond Profit Maximization to Plural Business Purposes

Reynolds Holding

As Adam Smith recognized in The Theory of the Moral Sentiments , business as an institution depends on certain basic moral principles and understandings. [15] 9] For a good summary of the standard contemporary view of financial economics, see Michael C. 15] Adam Smith, The Theory of Moral Sentiments (D.D. 10] Eric W. Macfie eds.