EagleiOnline

Introduction

The years leading up to the 2008 financial crisis saw unprecedented levels of what the FBI calls “mortgage fraud suspicious activity,” especially in the sub-prime market. Had damages for being found guilty of fraud…

There is nothing foundational about philosophy and therefore, nothing foundational about law. To some philosophy is the programme that seeks to found our rational thoughts in an unmovable, universal, all-encompassing, propositional truth as it as…

Back in 2010, in a hearing in front of the Senate Finance Committee, Goldman Sachs was accused of wrongdoing that helped precipitate the economic collapse of 2008. Goldman CEO Lloyd Blankfein nonchalantly dismissed these charges,…

Last week I criticized the shareholder and progressive models of corporate governance for imposing value judgments on corporate direction. As an alternative I advocated for the release of second-order financial knowledge on the grounds that…

Kent Greenfield in his Failure of Corporate Law offers one interpretation of the corporate function. He suggests corporations ought to be long standing value creators furthering, among other things, the interests of its…

Joint and several liability (J&S liability) is a way of assigning responsibility in cases where two independent parties act to create one indivisible harm. The doctrine is roughly that in such a case, one defendant…