Unconscionability and Consent in Corporate Law (A Comment on Cunningham)
Iowa Law Review Bulletin, Vol. 96, pp. 92-99, 2011
9 Pages Posted: 22 Feb 2013
Date Written: October 1, 2011
Abstract
Lawrence Cunningham has written an insightful and persuasive article calling on courts to apply the contract-law doctrine of unconscionability in evaluating executive compensation. According to Cunningham, this additional doctrinal tool will allow courts to engage in genuine and meaningful oversight of excessive compensation. He argues that such oversight is valuable because existing corporate-law doctrine too often prompts courts to defer too much and too often to management’s decisions.
Suggested Citation: Suggested Citation
Greenfield, Kent, Unconscionability and Consent in Corporate Law (A Comment on Cunningham) (October 1, 2011). Iowa Law Review Bulletin, Vol. 96, pp. 92-99, 2011, Boston College Law School Legal Studies Research Paper, Available at SSRN: https://ssrn.com/abstract=2221920
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.