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| | Publications of Robert B. Thompson |
 | | Corporate Dissolution and Shareholders' Reasonable Expectations, 66 Wash. U.L.Q. In an issue that is a tribute to F. Hodge O'Neal, this article traces the development of one of Professor O'Neal's key contributions to American corporate law: the use of "reasonable expectations" as a basis for judicial relief when shareholder disputes arise in close corporations. |
 | | When state rewrote their laws and presented them as regulating the relative roles of management and shareholders within one corporation, they were more successful-- even though a necessary casualty was the federal effort to preserve a market for corporate control against state interference. |
 | | Law, both ex ante statutory law, and settling up by judges after the fact, is an alternative to markets (products, capital, management services, and corporate control) and private ordering (bonding, monitoring, dispute resolution etc.) Thus, there will be a different need for law in various contexts depending on the nexus of constraints. |
| www.law.vanderbilt.edu /faculty/thompson/publica.htm (3029 words) |
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