Authoruclalaw

The Birth of Rule 144A Equity Offerings

In a groundbreaking deal closed in May 2007, Oaktree Capital Management LLC, a leading private U.S. hedge fund advisory firm, sold a 15 percent equity stake in itself for $880 million. The deal is groundbreaking because it was not structured as an initial public offering (IPO), traditionally the only option for an equity offering of this size by a private company. Instead, it was structured as a...

Unconsciously Regarded as Disabled: Implicit Bias and the Regarded-As Prong of the Americans With Disabilities Act

Much scholarly work has been written detailing the shift away from the original congressional intent behind the Americans with Disabilities Act (ADA), starting with the landmark U.S. Supreme Court decision in Sutton v. United Air Lines. While the U.S. Congress intended the protections under the ADA to be broad, courts have interpreted the act very narrowly, denying protections for many whom...

Taking the "Hate" Out of Hate Crimes: Applying Unfair Advantage Theory to Justify the Enhanced Punishment of Opportunistic Bias Crimes

Should bias crime perpetrators who, for personal gain, intentionally select victims from social groups that they perceive to be more vulnerable be punished similarly to typical bias crime perpetrators who are motivated by group hatred? In this Comment, I apply unfair advantage theory to argue that enhancing the punishment of opportunistic bias crimes is proper because of the perpetrators’...

Melville B. Nimmer Memorial Lecture: The World of the Framers - A Christian Nation?

Each year, the UCLA School of Law hosts the Melville B. Nimmer Memorial Lecture. Since 1986, the lecture series has served as a forum for leading scholars in the fields of copyright and First Amendment law. In recent years, the lecture has been presented by distinguished scholars such as Lawrence Lessig, David Nimmer, Robert Post, Mark Rose, Kathleen Sullivan, and Jonathan Varat. The UCLA Law...

The iPhone Meets the Fourth Amendment

Under the search incident to arrest doctrine, police may search the entire body and immediate grabbing space of an arrestee, including the contents of all containers, without any probable cause. Because almost all traffic infractions are arrestable offenses, police have enormous opportunity to conduct such searches incident to arrest. In the near future, these already high-stakes searches will...

The Value of a Promise: A Utilitarian Approach to Contract Law Remedies

This Article critically examines the applicability of law and economics, or wealth maximization theory, to contract law by examining this theory from within the consequentialist framework of utilitarianism. Roughly speaking, wealth maximization theory is a consequentialist theory of justice holding that those actions that increase wealth are just and should be allowed, whereas those actions that...

Freeing Exercise at Expression's Expense: When RFRA Privileges the Religiously Motivated Speaker

Congress and more than a dozen states have statutorily expanded the scope of religious liberty beyond that provided for in the U.S. Constitution. These Religious Freedom Restoration Acts (RFRAs), modeled closely after the federal progenitor, afford heightened protection to religious objectors by mandating that laws substantially burdening religious exercise pass strict scrutiny. In this Comment...

The Case for Comparative Fault in Compensating the Wrongfully Convicted

The issue of compensating the wrongfully convicted has recently been thrust into public awareness. Over one hundred and fifty people have been exonerated through DNA evidence since 2000. Only half have received compensation for their time behind bars. While twenty-two states have enacted statutes that provide a direct legal right to compensation, these statutes require victims of wrongful...