Vol. 77, No. 1

SYMPOSIUM:
THEORY INFORMS BUSINESS PRACTICE

SYMPOSIUM EDITOR
CLAIRE A. HILL

FOREWORD: THEORY INFORMS BUSINESS PRACTICE
Claire A. Hill

OF THEORY AND PRACTICE
Tamar Frankel

A COMMENT ON LANGUAGE AND NORMS IN COMPLEX BUSINESS CONTRACTING
Claire A. Hill

WHY CONTRACTS ARE WRITTEN IN “LEGALESE”
Claire A. Hill

THE WRITTEN CONTRACT AS SAFE HARBOR FOR DISHONEST CONDUCT
Lawrence M. Solan

ROUNDTABLE DISCUSSION: THEORY’S CONTRIBUTIONS TO CORPORATE LAW AND PRACTICE

Moderator:
John Coates IV, Professor, Harvard University Law School

Participants:
Lee Buchheit, Partner, Cleary, Gottlieb, Steen & Hamilton
Robin Engelson, Senior Vice President, GE Capital Commercial Finance
Gary Funderlich, Vice President & General Counsel, AOL Canada Inc.
Larry Isaacson, Partner, Fried, Frank, Harris, Shriver & Jacobson
David Van Zandt, Dean and Professor of Law, Northwestern University School of Law

WHO OWNS A CORPORATION AND WHO CARES?
Richard A. Booth

IMPLICATIONS OF SHAREHOLDER DIVERSIFICATION ON CORPORATE LAW AND ORGANIZATION: THE CASE OF THE BUSINESS JUDGMENT RULE
Peter V. Letsou

THE VENTURE CAPITAL INVESTMENT BUST: DID AGENCY COSTS PLAY A ROLE? WAS IT SOMETHING LAWYERS HELPED STRUCTURE?
Joseph Bankman and Marcus Cole

ROUNDTABLE DISCUSSION:
CORPORATE GOVERNANCE

Moderator:
William Carney, Charles Howard Candler Professor of Law, Emory University School of Law

Participants:
Jack B. Jacobs, Vice Chancellor, Delaware Court of Chancery
Richard Painter, Professor of Law, University of Illinois College of Law
Robert Pritzker, President and Chief Executive Officer, The Marmon Group, Inc.
Robert H. Sitkoff, Assistant Professor of Law, Northwestern University School of Law.

INSTITUTIONAL FOUNDATIONS FOR ECONOMIC LEGAL REFORM IN TRANSITION ECONOMIES: THE CASE OF COMPETITION POLICY AND ANTITRUST ENFORCEMENT
William E. Kovacic

CENTENNIAL LECTURE

WHY SOME COUNTRIES ARE RICH AND SOME ARE POOR
Douglass C. North

STUDENT NOTES

LEARNING FROM THE STORM:
LESSONS FOR ILLINOIS FOLLOWING CALIFORNIA’S EXPERIENCE WITH ELECTRICITY RESTRUCTURING
William A. Borders

A COMPREHENSIVE APPROACH TO CONFLICTS BETWEEN ANTIDISCRIMINATION LAWS AND FREEDOM OF EXPRESSIVE ASSOCIATION AFTER BOY SCOUTS OF AMERICA V. DALE
Adrianne K. Zahner

THE SAME-SOVEREIGN RULE RESURRECTED:
THE SUPREME COURT REJECTS THE INVOCATION OF THE FIFTH AMENDMENT’S PRIVILEGE AGAINST SELF-INCRIMINATION BASED UPON FEAR OF FOREIGN PROSECUTION IN UNITED STATES V. BALSYS
Carlin Metzger