Cornell Law Review
Volume 104 Issue 4
Article
Note
Toward a Horizontal Fiduciary Duty in Corporate Law
Fiduciary duty is arguably the single most important aspect of our corporate law system. It consists of two distinct subduties—a duty of care and a duty of loyalty—and it applies to all directors and corporate officers. Yet, under extant law, the duty only applies vertically, in the relationship between directors and corporate officers and the […]
Local Evidence in Constitutional Interpretation
The Supreme Court frequently relies on state law when interpreting the U.S. Constitution. What is less understood is the degree and manner in which the Supreme Court and other federal courts look to local law. Although it has gone largely unnoticed, there is a robust practice of acknowledging and accounting for local law in the […]