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The Business Lawyer | Winter 2021-2022

Volume 77, Issue 1


Corporate Law’s Critical Junctures

Steven A Bank and Brian R. Cheffins

The article deploys critical junctures to explain major changes to corporate law, arguing major alterations are associated with depressed share prices linked with business misconduct.

Jan 19, 2022 66 min read


Report on Audit Response Timing Issues

Audit Responses Committee

Discusses the meaning and applicability of various dates relevant to audit responses and summarizes practices and guidance for audit response letters under the ABA Statement of Policy Regarding Lawye…

Jan 19, 2022 12 min read

Legal Opinions on Section 4(1½) Resale Transactions

Securities Law Opinions Subcommittee - Federal Regulations Committee

This report addresses legal opinions regarding the resale of securities conducted in reliance on the so-called “Section 4(1½)” exemption from the registration requirements of the Securities Act of 19…

Jan 19, 2022 10 min read

Survey—Cyberspace Law

Privacy Law Update

Meg Strickler

The privacy law landscape continues to evolve with new and emerging issues. This essay will address several significant legal developments in privacy law in the past year.

Jan 19, 2022 11 min read

State Privacy Law Developments

Garylene Javier

The key developments in state privacy laws during the survey year occurred primarily in California and Virginia. The California Privacy Rights Act of 2020 (“CPRA”) expands consumer rights by amending…

Jan 19, 2022 9 min read

Developments in Digital “Wrap” Contracts

Nancy S. Kim

Courts are increasingly adopting an ex ante approach when assessing contract formation by emphasizing what the drafter should have done to make the terms prominent and noticeable.

Jan 19, 2022 18 min read