Volumes Category
Democracy on a Shoestring
May. 28, 2021—Joshua S. Sellers & Roger Michalski | 74 Vand. L. Rev. 1079 (2021) | Democracy requires money. Voters must be registered, voting rolls updated, election dates advertised, voting technology purchased and tested, poll workers trained, ballots designed, votes counted and verified, and on and on. Despite the importance of election expenditures, we have a shamefully...
The Duty to Update Corporate Emissions Pledges
May. 28, 2021—Nathan Campbell | 74 Vand. L. Rev. 1137 (2021) | Facing both internal and external market pressures, a rapidly growing number of private companies are making public, voluntary, and ambitious pledges to reduce or outright eliminate by a certain date or benchmark their greenhouse gas emissions. Yet, ambition and necessity notwithstanding, nonfulfillment of these emission...
Private Offerings in the Age of Surveillance Capitalism and Targeted Advertising
May. 28, 2021—Christina M. Claxton | 74 Vand. L. Rev. 1187 (2021) | Social media platforms, as well as the internet more broadly, have fundamentally altered many aspects of modern life. In particular, platforms’ targeted advertising mechanisms have revolutionized how companies reach consumers by providing advertisers more effective tools for reaching consumers and by tailoring content to...
The SG’s Indefensible Advantage: A Comment on The Loudest Voice at the Supreme Court
May. 4, 2021—Lincoln Caplan | 74 Vand. L. Rev. En Banc 97 (2021) | It is time for a fundamental reconsideration of the SG’s role—by outstanding scholars like Richard Lazarus, Michael McConnell, Joshua Schwartz, David Strauss, and others who have practiced law in the SG’s office and have studied and written about the role; by other scholars...
Chancery Court Employs Context-Driven Analysis in Adopting Nuanced Interpretations of DGCL Provisions
Apr. 29, 2021—Robert S. Reder | 74 Vand. L. Rev. En Banc 85 (2021) | In Stream TV, Vice Chancellor Laster addressed aspects of the DGCL which previously had received scant attention in the Delaware courts. Employing a context-driven approach to statutory interpretation, the Vice Chancellor arrived at nuanced explanations of two provisions of the DGCL whose...
The Shadows of Litigation Finance
Apr. 20, 2021—Suneal Bedi & William C. Marra | 74 Vand. L. Rev. 563 (2021) | Litigation finance is quickly becoming a centerpiece of our legal system. Once a dispute arises, litigants may seek money from third-party financiers to pay their legal bills or monetize their claims, and in turn those financiers receive a portion of any...
Advisory Opinions and the Problem of Legal Authority
Apr. 20, 2021—Christian R. Burset | 74 Vand. L. Rev. 621 (2021) | The prohibition against advisory opinions is fundamental to our understanding of federal judicial power, but we have misunderstood its origins. Discussions of the doctrine begin not with a constitutional text or even a court case, but a letter in which the Jay Court rejected...
The Loudest Voice at the Supreme Court: The Solicitor General’s Dominance of Amicus Oral Argument
Apr. 20, 2021—Darcy Covert & Annie J. Wang | 74 Vand. L. Rev. 681 (2021) | The Solicitor General (“SG”) is often called the “Tenth Justice,” a title that captures his unique relationship with the Supreme Court and his independence from the executive branch. No phenomenon better reflects this relationship than the Court’s practice of permitting amici...
The Quick (Spending) and the Dead: The Agency Costs of Forever Philanthropy
Apr. 20, 2021—Brian Galle | 74 Vand. L. Rev. 757 (2021) | American philanthropic institutions control upwards of a trillion dollars of wealth. Because contributions to these entities are deductible from both income and estate taxes, and the entities’ earnings are tax-free, that trillion dollars is heavily underwritten by contemporary taxpayers. Law offers little assurance that those...
Make Hay While the Sun Shines: Private Equity and the False Claims Act
Apr. 20, 2021—Gregory F. Maczko | 74 Vand. L. Rev. 797 (2021) | For years, the federal government has used the False Claims Act to police fraud in the healthcare industry. Every year, the Department of Justice recovers billions of dollars from healthcare companies for their False Claims Act violations, both penalizing wrongdoers and providing incentives for...
Creditors, Keepers: Passive Retention of Estate Property and the Automatic Stay
Apr. 20, 2021—Caitlin M. McAuliffe | 74 Vand. L. Rev. 829 (2021) | The automatic stay provision is one of the most important provisions in the Bankruptcy Code. Until recently, however, it has remained unclear if passive retention of property of the bankruptcy estate must be immediately turned over to the debtor under the automatic stay provision....
Deterring Algorithmic Manipulation
Mar. 24, 2021—Gina-Gail S. Fletcher | 74 Vand. L. Rev. 259 (2021) | Does the existing anti-manipulation framework effectively deter algorithmic manipulation? With the dual increase of algorithmic trading and the occurrence of “mini-flash crashes” in the market linked to manipulation, this question has become more pressing in recent years. In the past thirty years, the financial...
Data Autonomy
Mar. 24, 2021—Cesare Fracassi & William Magnuson | 74 Vand. L. Rev. 327 (2021) | In recent years, “data privacy” has vaulted to the forefront of public attention. Scholars, policymakers, and the media have, nearly in unison, decried the lack of data privacy in the modern world. In response, they have put forth various proposals to remedy...
Presidential Control of Elections
Mar. 24, 2021—Lisa Marshall Manheim | 74 Vand. L. Rev. 385 (2021) | In recent decades, presidents of both political parties have asserted increasingly aggressive forms of influence over the administrative state. During this same period, Congress has expanded the role that the federal government plays in election administration. The convergence of these two trends leads to...
Chevron Is a Phoenix
Mar. 24, 2021—Lisa Schultz Bressman & Kevin M. Stack | 74 Vand. L. Rev. 465 (2021) | Judicial deference to agency interpretations of their own statutes is a foundational principle of the administrative state. It recognizes that Congress has the need and desire to delegate the details of regulatory policy to agencies rather than specify those details...
Measuring Semantic Relatedness: A Proposal for a New Textual Tool
Mar. 24, 2021—Katherine A. Cohen | 74 Vand. L. Rev. 483 (2021) | Judicial decisions, statutes, constitutions, sentencing guidelines, and ERISA-related documents have at least one thing in common: at a molecular level, the laws are all composed of words. The scientific study of linguistics, particularly the field of semantics, analyzes what words mean and how they...