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FORUM « Windfalls ahead for Illinois plaintiffs? | "A short and plain statement of the claim" » April 03, 2006The US as the new NJ A century ago NJ was the leading US jurisdiction for incorporations. Then Governor Woodrow Wilson got the bright idea of trying to use the NJ corporation law as an antitrust law. The rest, as they say, is history. More recently, the US has been the leading capital market in the world. Then somebody got the bright idea of passing Sarbanes-Oxley. I discuss the latest data on the flight of foreign firms from US markets here. It's not pretty. The new battle cry on SOX: Remember New Jersey. Posted by Larry Ribstein at 10:56 AM | TrackBack (0) |
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Published by the Manhattan Institute
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