Indiana Law Review Indiana law Review Volume 21 No. 2 1988 Article Toward True and Plain Dealing: A Theory of Fraudulent Transfers Involving Unreasonably Small Capital Bruce A. Markell The Rationale of Personal Admissions Roger Park Notes Apportionment of Harm to Causes: Asbestosis and the Smoking Plaintiff Remedies for Employer's Wrongful Discharge of an Employee Subject to Employment of Indefinite Duration The Limitations Period for Title I of the LMRDA: Protection of the Union Member's Civil Rights Book Review Applications of Political Science to the Analysis and Practice of Law David A. Funk Why more lawyers choose USCA^ More lawyers choose USCA than any other annotated federal law source. Here are just some of the reasons why: USCA is complete. It offers more comprehensive coverage of federal cases than any other federal statute source. It's official. 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Bill me for subscriptions. Mail to: INDIANA LAW REVIEW INDIANA UNIVERSITY SCHOOL OF LAW -INDIANAPOLIS 735 West New York Street Indianapolis, Indiana 46202 Subscription Rates (one year): Regular, $22; Foreign, $25; Survey, $12; Single Issue, $7 Indiana Lai^r Revieiv Volume 21 1988 Number 2 Copyright © 1988 by the Trustees of Indiana University TABLE OF CONTENTS ARTICLE Toward True and Plain Dealing: A Theory of Fraudulent Transfers Involving Unreasonably Small Capital Bruce A. Markell 469 The Rationale of Personal Admissions Roger Park 509 NOTES Apportionment of Harm to Causes: Asbestosis and the Smoking Plaintiff 523 Remedies for Employer's Wrongful Discharge of an Employee Subject to Employment of Indefinite Duration 547 The Limitations Period for Title I of the LMRDA: Protection of the Union Member's Civil Rights 587 BOOK REVIEW Applications of Political Science to the Analysis and Practice of Law .David A. Funk 617 Volume 21 Spring 1988 Number 2 The INDIANA LAW REVIEW (ISSN 0090-4198) is the property of Indiana University and is published quarterly by the Indiana University School of Law—Indianapolis, which assumes complete editorial responsibilty thereof. Subscription rates: one year $22; foreign $25. Please notify us one month in advance of any change in address and include both old and new addresses with zip codes to ensure delivery of all issues. Send all correspondence to Editorial Assistant, Indiana Law Review, Indiana University School of Law—Indianapolis, 735 West New York Street, Indianapolis, Indiana 46202. Publication office: 735 West New York Street, Indianapolis, Indiana 46202. Second class postage paid at Indianapolis, Indiana 46201. POSTMASTER: Send address changes to INDIANA LAW REVIEW, 735 West New York Street, Indianapolis, Indiana 46202. Indiana La^v Revie^iv Volume 21 1988 Editor-in-Chief Ellen M. White Executive Editors Articles and Production Notes and Topics \ Kristin A. Mulholland John R. Maley 1 Articles Editors Margo Eckard Scott Bruning Stahl Marcia K. Icenogle Ron Weisenberger Michael D. Wright Business Editor D. Michael Young Note and Development Editors | Leslie Cracraft Stephen C. Hombach Michael P. Dugan Kevin R. Kaster David H. Eyke John G. Shubat Associate Editors Jay D. Benjamin Mary Jane Harmon Lyn K Berkebile Amy Link Karozos David Berry Michael McNelis Duane R. Denton Patrick D. Murphy Richard R. Dykhouse Fran Quigley | Teresa Eppley CHfford T. Rubenstein Robert C. Feightner James Schrier Edwin W. Free III Douglas Taylor Ronald Gorsline Jeffrey Townsend Kathryn S. Hall James Waanders — Rebecca Wehling Editorial Assistant Amy Morrison Grubbs 1 Faculty Advisor Paul J. Galanti Indiana University School of Law—Indianapolis 1987-88 ADMINISTRATIVE OFFICERS AND FACULTY Administrative Officers Thomas M. Ehrlich, LL.B., President of the University Gerald L. Bepko, L.L.M., Vice-President Norman Lefstein, LL.M., Dean James F. Bindley, J.D., Assistant Dean for Administration G. Kent Frandsen, J.D., Associate Dean for Student Affairs James W. Torke, J.D., Acting Associate Dean for Student Academic Affairs Faculty Thomas B. Allington, Professor. B.S., University of Nebraska, 1964; J.D., 1966; LL.M., New York University, 1971. Edward P. Archer, Professor. B.M.E., Rensselaer Polytechnic Institute, 1958; J.D.., Georgetown University, 1962; LL.M., 1964. James F. Bailey, III., Professor and Director of Law Library. A.B., University of Michigan, 1961; J.D., 1964; M.A.L.S., 1970. James F. Bindley, Assistant Dean for Administration and Director of Placement & Develop- ment, B.A., Loyola University, 1969; J.D., University of Kentucky, 1972. Paul N. Cox, Professor. B.S., Utah State University, 1971; J.D., University of Utah, 1974; LL.M., University of Virginia, 1980. Clyde Harrison Crockett, Professor. A.B., University of Texas, 1962; J.D., 1965; LL.M., University of London (The London School of Economics and Political Science), 1972. Debra a. Falender, Professor. A.B., Mount Holyoke College, 1970; J.D., Indiana Univer- sity, 1975. G. Kent Frandsen, Associate Dean for Student Affairs and Associate Professor. B.S., Bradley University, 1950; J.D., Indiana University. 1965. David A. Funk, Professor. A.B., College of Wooster, 1949; J.D., Case Western Reserve University, 1951; M.A., The Ohio State University 1968; LL.M., Case Western Reserve University, 1972; LL.M., Columbia University, 1973. Paul J. Galanti, Professor. A.B., Bowdoin College, 1960; J.D., University of Chicago, 1963. Helen P. Garfield, Professor. B.S.J. , Northwestern University, 1945; J.D., University of Colorado, 1967. Harold Greenberg, Associate Professor. A.B., Temple University, 1959; J.D., University of Pennslyvania, 1962. Jeffrey W. Grove, Professor. A.B., Juniata College, 1965; J.D., George Washington Univer- sity, 1969. William F. Harvey, Carl M. Gray Professor of Law. A.B., University of Missouri, 1954; J.D., Georgetown University, 1959; LL.M., 1961. W. William Hodes, Professor. A.B., Harvard College, 1966; J.D. Rugters Newark, 1969. Lawrence A. Jegen, III., Thomas F. Sheehan Professor of Tax Law and Policy, 1982. A.B., Beloit College, 1956; J.D., The University of Michigan 1959; M.B.A., 1960, LL.M., Harvard University, 1963. Henry C. Karlson, Professor. A.B., University of Illlinois, 1965; J.D., 1968; LL.M., 1977. Welllam Andrew Kerr, Professor. A.B., West Virginia University, 1955. J.D., 1957, LL.M., Harvard University, 1958; B.D., Duke University, 1968. Eleanor D. Kinney, Assistant Professor. A.B., Duke University, 1969; M.A., University of Chicago, 1970; J.D., Duke University, 1973. Walter W. Krieger, Associate Professor. A.B., Bellarmine College, 1959; J.D., University of Louisville, 1962; LL.M., George Washington University, 1969. David P. Leonard, Professor. B.A., University of California at San Diego, 1974; J.D., UCLA School of Law, 1977. Robin Paul Malloy, Associate Professor. B.S., Purdue University, 1971; J.D., University of Florida, 1980; LL.M., University of Illinois, 1983. William E. Marsh, Professor. B.S., University of Nebraska, 1965; J.D., 1958. SusANAH M. Mead, Associate Professor. B.A., Smith College, 1969; J.D., Indiana University, 1976. Mary H. Mitchell, Associate Professor. A.B., Butler University, 1975; J.D., Cornell Law School, 1978. David R. Papke, Associate Professor. A.B., Harvard College, 1969; J.D., Yale Law School, 1973; M.A., in American Studies, Yale University, 1973; Ph.D., in American Studies, The University of Michigan, 1984. Ronald W. Polston, Professor. B.S., Eastern Illinois University, 1953; LL.B., University of Illinois, 1958. Kenneth M. Stroud, Professor. A.B., Indiana University, 1958; J.D., 1961. James W. Torke, Acting Associate Dean. B.S., University of Wisconsin, 1963; J.D., 1968. Joe a. Tucker, Assistant Professor. B.A., Houston, 1977; J.D., University of Texas, 1981. James Patrick White, Professor of Law. A.B., University of Iowa, 1953; J.D., 1956; LL.M., George Washington University, 1959. Lawrence P. Wilkins, Professor. B.A., The Ohio State University, 1968; J.D., Capital University Law School, 1973; LL.M., University of Texas School of Law, 1974. Mary Wolf, Visiting Assistant Professor of Law, B.A., Saint Xavier College, 1969; J.D., University of Iowa College of Law, 1974. Harold R. Woodard, Professorial Lecturer. B.S., Harvard University, 1933; J.D., 1936. Emeriti Agnes P. Barrett, Associate Professor Emeritus. B.S., Indiana University, 1942; J.D., 1964. Cleon H. Foust, Professor Emeritus. A.B., Wabash College, 1928; J.D., University of Arizona, 1933. John S. Grimes, Professor of Jurisprudence Emeritus. A.B., Indiana University. 1929; J.D., 1931. Melvtn C. Poland, Cleon H. Foust Professor of Law Emeritus. B.S., Kansas State University, 1940; LL.B., Washburn University, 1949; LL.M., The University of Michigan, 1950. R. Bruce Townsend, Cleon H. Foust Professor of Law Emeritus, A.B., Coe College, 1938; J.D., University of Iowa, 1940. Legal Writing Instructors Cynthia Adams, B.A., Indiana State University, 1976; B.A., Kentucky Wesleyan College, 1977; J.D., Indiana University, 1983. Robert L. Ellis, B.A.. Ohio State University, 1971; J.D., Antioch School of Law, 1981. Vickie Renfrow, Lecturer, B.A., University of Northern Iowa, 1970; M.A., 1971; Ph.D., Indiana University, Bloomington, 1976; J.D., Indiana University, Bloomington, 1981. Joan Ruhtenberg, Lecturer. B.A., Mississippi University Women, 1959; J.D., Indiana Univer- sity, 1980. Law Library Staff Terri Lea Hardin, Affiliate Librarian, B.A., Indiana University, 1982; M.L.S., 1983. Mary P. Hudson, Assistant Librarian, B.A., Ball State, 1969; M.L.S., Indiana University, 1973. Wendell F. Johnting, Technical Services Librarian. A.B., Taylor University, 1974; M.L.S., Indiana University. 1975. Kr^osKi Otsu, Assistant Librarian, Parkland College, A.A., 1976; A.B., University of Illinois, 1980; M.S., 1982; C.A.S., 1983.