August 2025

A position that may be of interest to our readers. University of Georgia has one of the very best legal studies faculties within a business school. —- The Department of Insurance, Legal Studies and Real Estate in the Terry College of Business at The University of Georgia invites applications for a full-time non-tenure-track faculty position in Legal Studies at the lecturer level, beginning in spring semester 2026, with a start date of January 1, 2026. Candidates must hold a juris doctorate or equivalent degree. Strong communication skills and demonstrated potential for excellent teaching are required. The position is renewable based on performance, and promotion to Senior Lecturer is possible after six years of service. For information regarding the requirements for each faculty rank, please see the University of Georgia Guidelines for Appointment and Promotion of Lecturers (https://provost.uga.edu/policies/appointment-promotion-and-tenure/guidelines-for-appointment-and-promotion-of-lecturers/).Participation in service activities appropriate to the rank is expected. Salary is competitive and commensurate with qualifications. Applications received by October 10, 2025 are assured of consideration; however, applications will continue to be accepted until the position is filled. Interested candidates should upload a cover letter, a full vitae, and contact information for three references (including email addresses) to https://www.ugajobsearch.com/postings/443802The department will reach out to your references at the appropriate time in the process. No additional materials will be considered. Applications submitted in other ways will not be considered. Since our founding in 1785, the University of Georgia has operated as Georgia’s oldest, most comprehensive, and most diversified institution of higher education (https://www.uga.edu/). The proof is in our more than 235 years of academic and professional achievements and our continual commitment to higher education. UGA is currently ranked among the top 20 public universities in U.S. News & World Report. The University’s main campus is located in Athens, approximately 65 miles northeast of Atlanta, with extended campuses in Atlanta, Griffin, Gwinnett, and Tifton. UGA employs approximately 3,100 faculty and more than 7,700 full-time staff. The University’s enrollment exceeds 41,000 students including over 31,000 undergraduates and over 10,000 graduate and professional students. Academic programs reside in 19 schools and colleges, including our newly formed School of Medicine. Questions can be directed to the search committee chair, Mike Schuster at Mike.Schuster@uga.edu . The University of Georgia is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ethnicity, age, genetic information, disability, gender identity, sexual orientation or protected veteran status. Persons needing accommodations or assistance with the accessibility of materials related to this search are encouraged to contact Central HR (hrweb@uga.edu). Please do not contact the department or search committee with such requests.…

As I mentioned in an earlier post, the Nevada Supreme Court has launched an effort to create “Commission to Study the Adjudication of Business Law.” Nevada will hold a hearing on the Petition to create the Commission tomorrow at 3:00 p.m. This is the order explaining how to participate.

The Petition explains that:

The nature and scope of business law cases require specialized knowledge of complex areas of the law and often result in lengthy times to disposition. Rules and procedures specifically focused on business law cases are necessary to efficiently and effectively adjudicate these cases. The proposed rules provide consistent statewide rules defining the scope and procedures for resolving business cases necessary to ensuring consistent and effective adjudication of business cases. Further, the proposed rules mandate the selection of district court judges, experienced in all aspects of business law, to be dedicated solely to the adjudication of business law matters as defined in the proposed rules. A commission to study the area of business law, including reviewing and making recommendations regarding proposed SCR 254, is necessary to advance the training, education, specialization, timeliness, and efficiency of Nevada’s districts in resolving business law cases.

In essence, the Petition does…

THE UNIVERSITY OF KENTUCKY ROSENBERG COLLEGE OF LAW invites applications to fill three regular title series tenure-track faculty positions at the rank of Assistant or Associate Professor, beginning in August 2026. The positions will be 9-month appointments corresponding with the University’s fall and spring. The College welcomes applications from candidates across all areas of law and particularly from persons whose teaching interests span multiple subjects. Contracts, business law, and commercial law are among the subjects sought. We may consider an applicant for a full Professor position. The Rosenberg College of Law is an important part of a major research university and offers a collegial and supportive atmosphere for its faculty, staff, and students. Applicants should have a J.D. or equivalent law degree, a record of high academic achievement, and a demonstrated potential for excellence in teaching and in scholarly productivity. Successful applicants will be expected to distribute their work effort as follows: 45% of effort into teaching, 45% of effort into research, and 10% of effort into service. We are interested in applicants with a wide variety of professional and academic experiences and backgrounds. Salary for this position will be commensurate with experience.  

To receive consideration for this position…

Now that two months have passed since the last time I updated this chart, it seemed like a good opportunity to look at what happened in the votes that were still pending.

I also added a separate chart for Texas.

Nevada Running Results

As it stands, Nevada saw 18 firms attempt to shift to Nevada. Only three were unsuccessful. The list below includes 19 firms though because I added the Live Nation split off as something to track and discovered that Netcapital now seeks to shift from Utah to Nevada.

The three that failed seem driven by non-votes. Simply getting shareholders to vote seems to be a consistent problem. Eightco, Revelation Biosciences, and Nuburu all won majorities of the votes cast, but lacked sufficient votes overall.

2025 Nevada Domicile Shifts
 FirmResultNotes
 1.Fidelity National FinancialPass 
 2.MSG SportsPass 
 3.MSG EntertainmentPass 
 4.Jade BiosciencesPassJade merged with Aerovate.
 5.BAIYU HoldingsPassAction by Written Consent
 6.RobloxPass 
 7.Sphere EntertainmentPass 
 8.AMC NetworksPass 
 9.Universal Logistics Holdings, Inc.PassAction by Written Consent
 10.Revelation BiosciencesFail97% of votes cast were for
…

Contractual disputes are an ongoing source of amusement to me, especially when the words of the deal are used to defeat the actual meaning of what the parties bargained for. To wit: VC Will’s recent opinion in Kim, et al. v. FemtoMetrix, Inc.

Avaco was a stockholder in FemoMetrix, and had signed a voting agreement with other stockholders.  That agreement gave Avaco the right to designate one director, and it chose Kim, who was then an Avaco employee.

The voting agreement had the following relevant terms:

1) Section 1.2(a) granted Avaco a designation right, subject to sections 1.6 and 1.4(a).

2)  Section 1.6 provided that Avaco could not designate a “bad actor” as defined by SEC rules.

3)  Section 1.4(a) provided that Avaco’s designee could be removed without Avaco’s approval, but only for “cause.”

4) Section 7.8 provided that amendments to the voting agreement required a stockholder vote, but an amendment specific to a particular investor – that did not “appl[y]” to all equally – would require that investor’s consent.  It also provided that Section 1.2(a) could not be amended without Avaco’s consent.

(At this point, “Jaws” music should be playing in your head.)

Avaco got into a…

Tenured Faculty – Cornell Law School

Founded in 1887, Cornell Law School is a top-tier law school. We offer a 3-year JD program for about 200 students per class, a one-year LLM program for about 90 students from countries throughout the world, and a doctoral (JSD) program for about 2-3 new students per year. Cornell Law School has 41 tenured and tenure-track faculty, including 20 with chaired faculty positions; and 15 clinical professors in the legal research and writing program and in clinics at the local, national, and international level. Our faculty is consistently ranked among the top in the country for scholarly productivity and influence, and has pre-eminence in many areas, including quantitative and qualitative empirical legal studies, international and comparative law, and robust doctrinal scholarship in core fields. Our school is committed to being recognized as the leader among law schools at combining inspiring theoretical, doctrinal, and experiential teaching with cutting-edge scholarship in a supportive, intellectually rich community, so that our graduates can achieve excellence in all facets of the legal profession.

Cornell Law School invites applications from experienced candidates for one or more senior-level faculty positions commencing in the 2026-2027 academic year. Particular focus will be given…

Suffolk University Law School in Boston seeks to fill an entry-level, tenure-track faculty position, starting in 2026-2027.  We seek candidates with strong academic and professional backgrounds who show promise of high achievement in scholarship, teaching, and service. We welcome future colleagues who would contribute to any of our faculty’s broad research perspectives, including quantitative or qualitative empiricism; critical, historical, comparative, or philosophical approaches; and doctrinal or policy analysis. Our search will focus on candidates with a primary interest in Tax Law, but we will also consider  a candidate’s potential to contribute to our curricular needs in other areas, including Criminal Law, Labor & Employment Law, Property Law, Torts, and our Concentrations.

Although we will be considering candidates through the AALS Faculty Appointments Register, we encourage candidates with a particular interest in Suffolk Law to submit a direct application through our Jobvite page as soon as possible, as we will begin reviewing applications immediately. Candidates should include in their Jobvite application a curriculum vitae and research agenda, with a cover letter addressed to Professors Erin Braatz and Joshua Weishart, Co-Chairs of the Appointments Committee.

Suffolk University does not discriminate on the basis of race, color, ethnicity, religion, national origin, sex, gender…

Miami has assembled a strong lineup of papers and presenters for its Law & Finance workshop. If there is a paper you’re interested in, you can register to attend remotely.

We are excited to announce the 2025-26 schedule for the Miami Law & Finance Workshop, set out below. All workshops will be held on zoom on Fridays, from 1pm to 2pm ET. Please use this form to register for the Fall workshops. We will send the draft paper and zoom link to registered participants one week before each workshop. The registration form for the Spring 2026 workshops will be circulated later in the year.   

Please feel free to share this with others who might be interested. We look forward to seeing you soon! 

Warm regards

Nikita Aggarwal, Caroline Bradley, & George Georgiev (workshop co-organizers)

Miami Law & Finance Workshop, 2025-26 

Fall 2025

1. Friday, August 22: William Magnuson (Texas A&M) presenting “The Deep Learning of Hedge Funds.” 

– Howell Jackson (Harvard) discussing.

2. Friday, September 5: Luca Enriques (Bocconi), Matteo Gatti (Rutgers), & Roy Shapira (Reichman) presenting “How the EU Sustainability Due Diligence Directive Could Reshape Corporate America.” 

– Sarah Haan (Brooklyn) discussing.

3. Friday, September 26: …

Although we’re likely in the slow season for these sorts of moves now, I found two recent announcements on EDGAR. Dillard’s announced for Texas and Liberty Media announced a spin out for Liberty Live to Nevada.

Dillard’s DExit

Dillard’s recently announced that it would seek to depart Delaware for Texas. Its proxy notes that had began to consider options in response to “certain high-profile litigation outcomes in Delaware that involved companies with ‘controlling stockholders’ ​. . . such as the Company.” It also took into account recent state initiatives and local contacts.

Dillard’s launched a special committee to look at the issue and charged it “to consider whether the Company should remain incorporated in Delaware or reincorporate in either Nevada or Texas.” The special committee hired its own counsel, Vinson & Elkins LLP. Dillard’s was represented by Haynes and Boone, LLP. For Delaware law, the special committee consulted with Young Conaway Stargatt & Taylor, LLP.

Regrettably, I was not able to identify whether the special committee hired Nevada counsel. Vinson & Elkins has three different offices in Texas, but doesn’t have on in Nevada yet. It may be that they obtained advice from a Nevada firm, but the firm just…