The Wall Street Journal just ran a noteworthy article on Judge Jed Rakoff’s path-breaking judicial opinion. Judge Rakoff, a federal trial court judge who sits in the Southern District of New York, recently refused to approve a settlement between the Securities and Exchange Commission (SEC) and Citibank because the settlement omits any facts that would [...]
Posted tagged ‘legal innovation’
Judge Rakoff Holds Bank and Regulator to a Higher Standard
November 30, 2011Research Spotlight: Beyond the Board of Directors
August 27, 2011In a Wake Forest Law Review article, FSU Law professor Kelli Alces provides a novel and intriguing recommendation to re-shape how corporations are governed in America. Her recommendation is to eliminate the board of directors as the ultimate decision-maker. From a legal realism perspective, which looks at human behavior as a driver of legal outcomes, [...]
Letter or Spirit?
January 6, 2011Business Insider posted a story recently about Facebook and the news the company has made working with Goldman Sachs to obtain significant capital investment without going public. The story boils down to Facebook wanting to trade stock for a capital infusion. There is no shortage of people wanting to invest in Facebook stock. A thorny [...]
Louis Vuitton Wins a $32 Million Trademark Judgment
September 2, 2009That’s a pretty big sum for a trademark infringement case, litigated in a federal court in Northern California. What is interesting is it wasn’t levied against some knock off artists directly. Instead, the charge was contributory infringement (kind of like aiding and abetting) against web site hosts that allowed fake L.V. hand bags to be [...]
The Patent Piler
April 25, 2009I met Allan Tokuda when I was a Teaching and Research Fellow at Northwestern University. I was helping teach a course on Innovation and Invention in the engineering program. Allan was one of the brighter and more inquisitive students. I knew he had some remarkable qualities when, before class one day, he took out a [...]
Pimp My Trademark
February 5, 2009I recently watched the MTV show “Pimp My Ride“, in which people with junkers contact the show with the hopes of getting their cars souped -up. The show I happened to watch involved a pretty beaten up Honda Civic. During the car’s transformation, the team installed Lambo doors on the Civic. Lambo doors are car [...]
Law 2.0 – Harnessing the Web to gather legally relevant data
February 1, 2009The Web has transformed how we gather, process and view information. Yet, the legal system has largely ignored the Web’s vast potential to settle legal issues. Just one possible way for the Web to improve the efficiency of legal determinations is through online surveys, which are cost efficient and quickly obtained. Surveys are often used in intellectual [...]
