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MBELR Online

The blog is a composite of academic, opinion, and news-related pieces submitted by Journal members and practitioners. If you would like to submit a piece for review, please contact the MBELR staff at mbelrsubmissions@umich.edu.

  • Corporate Law in Post-Communist Countries: Changes in the Czech Republic

    Within every legal system, corporate law serves the immensely important function of regulating influential economic actors and economic affairs. It is therefore crucial that corporate law attracts the necessary academic and legislative attention to pursue perpetual development of an appealing framework that will not itself be an obstacle for economic activities and operations. For post-communist countries still transitioning from totalitarian

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  • Delaware Courts Should Add Meaning to Caremark’s Board Oversight Standards in the Cybersecurity Context

    A prior blog post on corporate governance and cybersecurity mentioned recent high-profile cyberattacks on companies like Sony, Home Depot, Target, and Yahoo, and discussed the growing role the board of directors has in overseeing a corporation’s cybersecurity risk management.1 That blog post ended noting that, given the complexity of cybersecurity, the severe consequences an attack can have on corporations, and

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  • Can the U.S. Improve Its International Competitiveness as a FinTech Hub?

    The nation’s challenging regulatory scheme may induce FinTech firms’ to do business in countries with friendlier regulatory environments like the United Kingdom. In an effort to be more accommodating to FinTech, the U.S. Federal Government is taking some steps to limit the regulatory burdens placed on FinTech firms.

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  • Money Transmitter Laws and FinTech in the United States

    Cumbersome and numerous, financial regulations in the United States have proven to be a daunting task for FinTech firms to navigate. The U.S. banking sector has a significant regulatory structure that can vary from state to state. This makes things difficult for FinTech firms because there is persistent confusion about what regulations apply to FinTech.1 These companies and their investors

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  • Implications for “Unicorn” Startups of the SEC’s Investigation of Theranos

    Elizabeth Holmes aimed to revolutionize the blood test industry and was once regarded as a wunderkind that would become the Steve Jobs of the biotech industry. The company she founded, Theranos, was seen as one of the “unicorn” startups in Silicon Valley, a term given to startups that are privately-held and valued at $1 billion or more.1 Unfortunately, Theranos’ unicorn status was short-lived.

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  • Missing Oxford Comma Costs Dairy Business Millions

    In O’Connor v. Oakhurst Dairy, the First Circuit overruled a lower court and held that a group of drivers for a dairy company were collectively owed millions of dollars in overtime pay, all over a missing Oxford comma.1 In a list of three or more items—for example, bacon, egg, and cheese—the Oxford comma is the comma after egg.2 People (often

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