Within corporate law there is a tense awareness of the overwhelming power of controlling shareholders. Oftentimes, such shareholders exert prodigious force over the actions of the company’s board of directors, in part because controlling shareholders may handpick the board.1 Using their connections to the board, a controlling shareholder may influence company action in an interested2…
Author: James Pierce
Pay to Play: the NCAA Must Use Caution with New Player Compensation Rules
On October 29, 2019, the NCAA announced that it intends to allow collegiate athletes to profit off their own likenesses, opening the door for popular athletes to receive compensation from merchandising and sponsorship opportunities.1. Michael Drake, NCAA board chair and president of Ohio State University, stressed the need for the NCAA to adapt to the…
The Gig is Up: How the Future of the Modern American Economy Necessitates a New Class of Worker to Protect Employee Rights
The advent of short-term job placement facilitators, such as Uber and Task Rabbit, has drastically changed the employment landscape of modern America over the past 15 years. For decades, the average American worked at a so-called “traditional” job, received benefits from their employer, and retired after 40-some-odd years with a golden watch. With the advent…