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Leverage in the Board Room: The Unsung Influence of Private Lenders in Corporate Governance

The influence of banks and other private lenders pervades public companies. From the first day of a lending arrangement, loan covenants and built-in contingency provisions affect managerial decisionmaking. Conventional corporate governance analysis has been slow to notice or account for this lender influence. Traditionally, corporate governance discourse has focused only on corporate law...

After the Bailout: Regulating Systemic Moral Hazard

How do we prevent excessive risk taking in the financial markets? This Essay offers a strategy for regulating financial markets to better prevent the kind of disaster we saw during the Financial Crisis of 2008. By developing a model of risk-manager decisionmaking, this Essay illustrates how even “good people” acting in utterly rational and expected ways brought us into economic turmoil. The...

Evaluating The Public Interest: Regulation Of Industrial Hemp Under The Controlled Substances Act

Farmers throughout the industrialized world grow hemp legally as a source for a diverse range of products including foods, fabrics, plastic, cosmetics, and building materials. Although hemp was once widely grown in the United States, modern efforts to cultivate hemp have been frustrated by federal drug-control laws because the Drug Enforcement Administration (DEA) does not distinguish between...

Improving The Education Of California’s Juvenile Offenders: An Alternative To Consent Decrees

Access to public education is undeniably important, particularly in the context of the juvenile justice system. It is especially difficult for juvenile wards to receive an adequate education in California, which currently has one of the worst juvenile justice systems in the nation. This Comment examines the current legal responses to California’s state and local juvenile correctional facilities’...

The Right to Control One's Name

Is there a constitutionally protected right to choose one’s name? This Comment seeks to answer this question and to evaluate current government control over the name choices of adults. It first discusses the conflicting interests in names as identification and communication tools, as an expressive medium, and as a com- ponent of identity. It then summarizes the current law of name changes. Next...