{"title":"A Rose by Any Other Name: How Labels Get in the Way of U.S. Innovation Policy","authors":"M. Dent","doi":"10.15779/Z38258X","DOIUrl":"https://doi.org/10.15779/Z38258X","url":null,"abstract":"1 SVB is the premier provider of financial services for companies in the technology, life science, venture capital and premium wine industries. Through Silicon Valley Bank and its other subsidiaries, SVB provides a comprehensive array of banking services including lending, treasury management, trade finance, foreign exchange and other banking services to its clients worldwide. Today, SVB serves more than 13,000 clients through 26 U.S. offices and through international offices located in China, India, Israel and the United Kingdom.","PeriodicalId":326069,"journal":{"name":"Berkeley Business Law Journal","volume":"154 5-6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120909583","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Globalization (Americanization?) of Executive Pay","authors":"B. Cheffins, Randall S. Thomas","doi":"10.15779/Z38R87J","DOIUrl":"https://doi.org/10.15779/Z38R87J","url":null,"abstract":"","PeriodicalId":326069,"journal":{"name":"Berkeley Business Law Journal","volume":"55 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131936061","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Dodd-Frank's Abusive Standard: A Call for Certainty","authors":"Johnquan D. Wright","doi":"10.15779/Z38XC60","DOIUrl":"https://doi.org/10.15779/Z38XC60","url":null,"abstract":"The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (hereinafter, “Dodd-Frank” or the “Act”) promises to radically transform the U.S. financial services industry. The Act was based on five objectives for financial regulatory reform articulated by the Obama Administration in a June 2009 white paper: 1) promote supervision and regulation of financial firms; 2) establish comprehensive supervision of financial markets; 3) protect consumers and investors from financial abuse; 4) provide the government with the tools it needs to manage financial crises; and 5) raise international regulatory standards and improve international cooperation. Given the scale of transformation involved, Dodd-Frank is the most significant financial services reform legislation since the Federal Deposit Insurance Act, the Glass-Steagall Act, and federal securities laws of the 1930s. For banks and others in the financial services industry who deal primarily with consumers, the most radical change resulting from the Act is the establishment of a new agency, the Bureau of Consumer Financial Protection (hereinafter, the “Bureau”), solely","PeriodicalId":326069,"journal":{"name":"Berkeley Business Law Journal","volume":"33 5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129545360","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Section 83(b) Election and the Fallacy of “Earned Income”","authors":"Matthew A. Melone","doi":"10.15779/Z384W1P","DOIUrl":"https://doi.org/10.15779/Z384W1P","url":null,"abstract":"","PeriodicalId":326069,"journal":{"name":"Berkeley Business Law Journal","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121834499","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Concept of Autonomy and the Independent Director of Public Corporations","authors":"D. Marchesani","doi":"10.15779/Z38RW1W","DOIUrl":"https://doi.org/10.15779/Z38RW1W","url":null,"abstract":"Introduction ...................................................................................................... 3 17 I. The Different Roles of the Board of Directors ..................................... 319 II. Independent as Synonymous with Trustworthy ................................... 321 Ill. A Different View of Independent Directors ......................................... 325 A. Directors' Personal Attributes ......................................................... 326 B . Structural C onstraints ...................................................................... 330 IV. Autonomy v. Independence .................................................................. 332 A. The Concept of Autonomy in Contemporary Philosophy ............... 332 B. Autonomy, Independence, and Corporate Governance ................... 335 C. The Conditions of Autonomy .......................................................... 336 V. Realizing the Conditions of Autonomy ................................................ 338 A. Directors' Personal Attributes ......................................................... 338 B. The Independent Director Staff ....................................................... 340 1. The Central Role of the Independent Director Staff ................. 340 2. The Multiple Benefits of the Independent Director Staff ......... 344 C. The Latest Structural and Procedural Solutions ............................... 345 D. Independent Director Confirmation ................................................. 346 E. Control Over the Institutional Environment ..................................... 351 VI. A New Judicial Definition of Independence ........................................ 352 C on clu sion ....................................................................................................... 353","PeriodicalId":326069,"journal":{"name":"Berkeley Business Law Journal","volume":"27 4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131284185","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Thinking inside the Box: Analyzing Judicial Scrutiny of Deal Protection Devices in Delaware","authors":"T. Panagopoulos","doi":"10.15779/Z38GG57","DOIUrl":"https://doi.org/10.15779/Z38GG57","url":null,"abstract":"","PeriodicalId":326069,"journal":{"name":"Berkeley Business Law Journal","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122327745","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Human Capital and the Search for Originality","authors":"Larry A. DiMatteo","doi":"10.15779/Z38V40K04V","DOIUrl":"https://doi.org/10.15779/Z38V40K04V","url":null,"abstract":"","PeriodicalId":326069,"journal":{"name":"Berkeley Business Law Journal","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127658145","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Measuring the Effects of Mandated Disclosure","authors":"F. Ferrell","doi":"10.15779/Z38BW1R","DOIUrl":"https://doi.org/10.15779/Z38BW1R","url":null,"abstract":"","PeriodicalId":326069,"journal":{"name":"Berkeley Business Law Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129260429","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Criteria for Good Laws of Business Association","authors":"W. Klein","doi":"10.15779/Z383C6Q","DOIUrl":"https://doi.org/10.15779/Z383C6Q","url":null,"abstract":"","PeriodicalId":326069,"journal":{"name":"Berkeley Business Law Journal","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130884762","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Valuation of Reverse Termination Options in Mergers and Acquisitions","authors":"V. Sekhon","doi":"10.15779/Z38VK4R","DOIUrl":"https://doi.org/10.15779/Z38VK4R","url":null,"abstract":"This article describes the recent development and increasing use of reverse termination options in acquisition agreements governing private equity leveraged buyouts. It derives a modification of the Black-Scholes option pricing formula for use in estimating the value of such a transaction structure to an acquirer. Relaxing the assumptions underlying the reverse termination option pricing formula as appropriate for a given transaction provides a refined estimate of a reverse termination option's value to an acquirer. Thus, targets can use the reverse termination option pricing formula to evaluate a bid containing a reverse termination option against alternate bids or valuations of the target.","PeriodicalId":326069,"journal":{"name":"Berkeley Business Law Journal","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133459299","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}