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ICYMI: #corpgov Midweek Roundup (May 2, 2018)

By Stefan J. Padfield on May 2, 2018

“b/c charters & bylaws involve the state in ways that are at odds with private-ordering principles & … entail only a limited form of ‘consent,’ an analysis of enforceability must account for the hybrid nature–public & private–of such terms” 93 Wash. L. Rev. 265 #corpgov

— Stefan Padfield (@ProfPadfield) May 1, 2018

“Is It Ethical to Teach That Beta and CAPM Explain Something?” https://t.co/aTrRx9ttUO #corpgov

— Stefan Padfield (@ProfPadfield) May 1, 2018

“best reality TV show in Australia right now is the televised hearings of the Royal Commission into Australian banks…. has uncovered a litany of wrongdoing including bribery & fraud rings, poor lending practices, & pervasive lying to regulators” https://t.co/6sKKJEI5UF #corpgov

— Stefan Padfield (@ProfPadfield) May 1, 2018

“company’s misclassification of employees as independent contractors constituted an unfair labor practice in violation of the National Labor Relations Act” https://t.co/KQZBKpLTkt #corpgov

— Stefan Padfield (@ProfPadfield) May 1, 2018

“California workers & companies have a new test to determine whether someone should be classified as an employee or independent contractor …. ‘It’s a bombshell,’ Richard Reibstein, a partner at Locke Lord LLP in New York, told Bloomberg Law.” https://t.co/ZbEQ3QnldR #corpgov

— Stefan Padfield (@ProfPadfield) May 1, 2018

“Xerox … said its CEO and most of its board will step down to settle a suit by activist shareholders Carl Icahn and Darwin Deason … new management … will reconsider a contentious deal with Fujifilm” https://t.co/S7Sqa4Vq9n #corpgov

— Stefan Padfield (@ProfPadfield) May 2, 2018

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Photo of Stefan J. Padfield Stefan J. Padfield

Director of the NCPPR’s Free Enterprise Project. Prior experience includes 15+ years as a law professor, two federal judicial clerkships, private practice at Cravath, Swaine & Moore, LLP, and 6 years enlisted active duty (US Army). Immigrant (naturalized).

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