The Securities Act and Corporate Reorganizations

In 1934, Congress directed the Securities and Exchange Commission to make an investigation of reorganization and protective committees and to report the result of its study and its recommendations. The Securities Act of 1933 was not designed to provide controls over corporate reorganizations. Comparatively few reorganizations are subjected to the regulatory provisions of the Act, and no specialized treatment is provided for even these cases. Moreover, observation of the current cycle of reorganizations and the detailed investigations made by the Commission, pursuant to Congressional direction, have shown that adequate controls over reorganizations do not elsewhere exist–that controls are necessary and that existing regulatory machinery is inadequate. It is, therefore, timely and important to canvass the theory and operation of existing controls so that new machinery may be devised which will be effective for the purpose of inducing reorganizations which are fair and economically sound

Washington Law Review Lecture Series—The Constitution and the Presidency

The Washington Law Review Lecture Series, initiated this year, is designed to bring outstanding speakers to the law school to discuss contemporary legal issues

67/12/12 Oral Arguments before the US Supreme Court

Tuesday, December 12, 1967 oral arguments before the United States Supreme Court

Empirical Legal Studies Before 1940: A Bibliographic Essay

The modern empirical legal studies movement has well-known antecedents in the law and society and law and economics traditions of the latter half of the 20th century. Less well known is the body of empirical research on legal phenomena from the period prior to World War II. This paper is an extensive bibliographic essay that surveys the English language empirical legal research from approximately 1940 and earlier. The essay is arranged around the themes in the research: criminal justice, civil justice (general studies of civil litigation, auto accident litigation and compensation, divorce, small claims, jurisdiction and procedure, civil juries), debt and bankruptcy, banking, appellate courts, legal needs, legal profession (including legal education), and judicial staffing and selection. Accompanying the essay is an extensive bibliography of research articles, books, and reports