Tuesday, July 14, 2009
Wondering what to read during your next weekend at the beach? The latest Nora Roberts or Catherine Colter novels not attracting your attention? Or maybe like me, your local bookstore for some reason doesn't carry the latest Glenn Beck tome? OK, that's probably a sign that your weekend might be better spent catching up on recent developments in the Delaware corporate law. So how about the 2009 Developments in Delaware Corporation Law (James Holzman at Prickett, Jones, & Elliott)? It's a nice 60 page overview of everything you missed over the past year while you were struggling just to keep up with the day's headlines. Print it out and bring it to the beach.
Monday, July 13, 2009
Prof. Donald Clarke over at the China Law Prof Blog has some thoughts on the Chinese arrests of four Rio Tinto employees for "espionage" following the collapse of the Chinalco/Rio Tinto transction last month. He thinks its a serious and unusual situation. I agree, but it also points to an obvious danger. The espionage/state secrets statutes in China are vague and over-broad, meaning that the kind of information that was easily shared with Rio Tinto when everyone thought its deal with Chinalco was still on suddenly became a "state secret" when Rio Tinto walked away from the transaction. It's hard to know what exactly is happening as there is not a lot of information. Who knows, maybe this is just about bribery. One thing for sure, it's better to tread lightly.
The WSJ has the Reuters video here: