id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cjal-3260	Pak, Bliss Burdett	National Markets and New Defenses: The Case for an East Asian Opt-in Takeover Law	2007	30	.pdf	application/pdf	12817	494	46	52 The victory came in the Delaware courts and some state statutes granting company boards the right to just say no to a buyout offer, where they can do so consistent with their fiduciary duties to shareholders.53 Mr. Lipton now sees a second front emerging in the same battle: some regulators, academics and special-interest shareholders 54 are charged with demoniz[ing] the American corporation and mounting a more trenchant, multi-level and multi-jurisdictional attack on the ability of the board and management to manage effectively the corporation., 55 Mr. Lipton's battle is with proponents of shareholder empowerment; his Institutional View identifies the board of directors as the gatekeeper of significant business transactions. 412 I. INTRODUCTION The arrival of Anglo-Saxon source capital to East Asia has brought with it the debate over corporate takeover defenses and the appropriate allocation of power among shareholders and directors of public companies.	cache/cjal-3260.pdf	txt/cjal-3260.txt