LATEST SCHOLARSHIP

Insider v. Issuer: Resolving and Preventing Insider Trading Compliance Policy Disputes

During the 1990s, the use of stock-based compensation by U.S. companies skyrocketed. Many companies bound their officers and employees to insider trading compliance policies, requiring personnel to pre-clear proposed transactions in company securities with a compliance officer. These policies, however, frequently fail to stipulate the precise level of discretion afforded the compliance officer...

(In)Juries, (In)Justice, and (Il)Legal Blame: Tort Law as Melodrama - Or Is It Farce?

According to the National Academy of Sciences' Institute of Medicine (IOM), preventable medial errors are not so much caused by the carelessness of individual physicians, nurses, or other hospital personnel. Rather they are the result of cumulative opportunities for human error inevitable in today's complex medical system. The ICM report calls for shifting attention away from the faults of...

The Torts History Scholarship of Gary Schwartz: A Commentary

This Article examines the historical scholarship of Gary Schwartz, spanning the Industrial Revolution to the late twentieth century. Schwartz set out to show that the fault principle had far deeper historical roots, both before and during the Industrial Revolution, than prominent American tort scholarship recognized-and correspondingly, that late twentieth-century tort law developments in many...

Reflections on Assumption of Risk

Despite calls for the abolition of assumption of risk, and for its merger within comparative fault, the doctrine survives in some jurisdictions, and its spirit endures in most, if not all. The consensual rationale underlying assumption of risk is distinctive, important, and not easily reducible to the paradigm of victim fault. That rationale helps shape many of the no-duty and limited-duty rules...

Comparative Economic Loss: Lessons from Case-Law-Focused "Middle Theory"

In common law jurisdictions outside the United States, Gary Schwartz was the most highly regarded American torts scholar of his time, not least because of the similarity of his approach to the approach adopted by the vast majority of common law scholars outside the United States. This case-law-focused middle theory seeks to promote legal reasoning that is precise, internally coherent, and...