Two articles by T.J. Maloney Chair in Business Law and Fordham Corporate Law Center Director Sean J. Griffith were chosen among the top 12 corporate and securities articles in Corporate Practice Commentator’s 27th annual poll of corporate and securities law professors.
Those scholars chose Griffith’s “Does Revlon Matter? An Empirical and Theoretical Study” and “Deal Insurance: Representation and Warranty Insurance in Mergers and Acquisitions” from a pool of more than 320 articles published in legal journals in 2020.
“Does Revlon Matter?”—which appeared in the California Law Review—was co-written by Griffith, New York University Law Professor Robert J. Jackson Jr., Senior Fellow at Berkeley Law School Matthew Cain, and Berkeley Law School Professor Steven Davidoff Solomon. The article examines the effect Revlon v. MacAndrews & Forbes Holdings has had in the takeover process. Through their unique dataset of more than 1,900 transactions made between 2003 and 2017, the authors found, essentially, that Revlon matters—at least for Delaware firms.
“Deal Insurance” explores the emergence of representation and warranty insurance (RWI), focusing on three interrelated questions—how does RWI affect transactions, why do transacting parties use RWI, and why do insurers sell RWI? The article was published in the Minnesota Law Review.
Since 2015, four of Griffith’s articles have been named among the Corporate Practice Commentator’s annual list of the “Ten Best Corporate and Securities Articles.” “Confronting the Peppercorn Settlement in Merger Litigation: An Empirical Analysis and a Proposal for Reform” was recognized in 2015 and “How Corporate Governance is Made: The Case of the Golden Leash” was recognized in 2016.
Corporate Practice Commentator has also previously recognized articles written by Alpin J. Cameron Chair in Law Richard Squire.