87.4

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87.4
The Golden Share: Attaching Fiduciary Duties to Bankruptcy Veto Rights
Yiming Sun
BA 2018, University of California, Los Angeles; JD Candidate 2021, The University of Chicago Law School.

I wish to thank Professors Douglas Baird and Anthony Casey, as well as The University of Chicago Law Review editors, for their guidance and advice throughout the writing process.

Suppose you are a large investment fund that just loaned money to a company. Like many large lenders, you secured the loan with the company’s equipment as collateral. But unfortunately, the company missed an interest payment and defaulted under the terms of its notes. What’s worse, it subsequently filed for bankruptcy.

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87.4
The Case for Noncompetes
Jonathan M. Barnett
Torrey H. Webb Professor, University of Southern California, Gould School of Law.

We thank Shyam Balganesh, Norman Bishara, Michael Burstein, Richard Castanon, Bryan Choi, Victor Fleischer, Lee Fleming, Ronald Gilson, John Goldberg, Robert Gomulkiewicz, Charles Tait Graves, Michael Guttentag, Ryan Holte, Justin Hughes, David Levine, Orly Lobel, Greg Mandel, Karl Mannheim, Matt Marx, Adam Mossoff, Natasha Nayak, Ruth Okediji, David Orozco, Eric Posner, Greg Reilly, Michael Risch, Ben Sachs, David Schwartz, Joseph Singer, Henry Smith, Kathy Spier, Matt Stephenson, James Stern, Olav Sorenson, Evan Starr, David Taylor, Saurabh Vishnubhakat, Polk Wagner, and Stephen Yelderman, as well as attendees at the 2015 Works in Progress in Intellectual Property Conference, the 2017 Conference of the American Law and Economics Association, and workshops at Harvard Law School, University of Pennsylvania Law School, Loyola Law School, Los Angeles, the Center for Law and the Social Sciences at the University of Southern California School of Law, and the University of San Diego School of Law for their helpful discussions and comments on prior versions of this paper. We also thank Carolyn Ginno, Matthew Arnold, Anna Ayar, Vanand Baroni, Haley Dumas, Ryan Foley, David Javidzad, Rachel Stariha, and Millicent Whitemore for their valuable research assistance.

Ted Sichelman
Professor of Law, University of San Diego School of Law.

On February 23, 2017, two titans of Silicon Valley went to war in federal court: Google filed a lawsuit against Uber, accusing it of using intellectual property allegedly stolen by one of the lead engineers on Waymo, Google’s self-driving automotive subsidiary. Specifically, Google alleged that Anthony Levandowski had misappropriated Google’s intellectual property before departing (along with other Google engineers) to found Otto, a self-driving car startup subsequently acquired by Uber for $680 million.

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87.4
The Spectrum of Procedural Flexibility
Ronen Avraham
Professor of Law, Tel Aviv University Faculty of Law; Lecturer, University of Texas at Austin School of Law.

We are grateful for comments from Bob Bone, Alon Klement, Shay Lavie, Jay Tidmarsh, Diego Zambrano, and participants at the Law Faculty Workshops at the University of Chicago, the University of Notre Dame, Tel Aviv University, and the University of Texas School of Law, as well as the 2018 ALEA Annual Meetings. We thank Ramon Feldbrin, Kathryn Garcia, Sakina Haji, Deanna Hall, Adam Picker, Jill Rogowski, and Kelly Yin for valuable research assistance. William Hubbard thanks the Paul H. Leffmann Fund and the Jerome F. Kutak Faculty Fund for research support.

William H.J. Hubbard
Professor of Law, The University of Chicago Law School.

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