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Stephen Bainbridge
  Email:profbainbridge@aol.com

TCS Contributor

Stephen Bainbridge is a professor of law at UCLA, where he currently teaches Business Associations, Unincorporated Business Associations, and Advanced Corporation Law. In past years, he has also taught Corporate Finance, Securities Regulation, Mergers and Acquisitions, and a seminar on corporate governance. Professor Bainbridge previously taught at the University of Illinois Law School (1988-1996), where the Class of 1990 gave him the "Best Instructor Award." He has also taught at Harvard Law School as the Joseph Flom Visiting Professor of Law and Business (2000-2001), and at Aoyama Gakuin University in Tokyo (1999).

Professor Bainbridge is a prolific scholar, whose work covers a variety of subjects, but with a strong emphasis on the law and economics of public corporations. He has written over 40 law review articles, which have appeared in such leading journals as the Virginia Law Review, the Northwestern University Law Review, the Cornell Law Review, the Stanford Law Review and the Vanderbilt Law Review. Bainbridge's most recent books include: Business Associations: Cases and Materials on Agency, Partnerships, and Corporations, (5th ed. 2003) (with Klein and Ramseyer); Corporation Law and Economics (2002); Agency, Partnerships, and Limited Liability Entities: Cases and Materials on Unincorporated Business Associations (2001) (with Klein and Ramseyer); Securities Law-Insider Trading (1999).

From 1994 to 1996, Bainbridge was a Salvatori Fellow with the Heritage Foundation. Bainbridge currently serves as a Vice Chair of the Publications Committee of the Corporations, Securities & Antitrust practice group of the Federalist Society and as a member of the practice group's executive committee. Professor Bainbridge regularly serves as a consultant and expert witness on a variety of corporate law issues, and gives frequent lectures on corporate and securities laws.

Professor Bainbridge's home page may be viewed here: http://www.professorbainbridge.com/

Articles by Stephen Bainbridge
From Priest Abuse to Legal Abuse
26 Mar 2007

The parties with an interest in priest sex abuse litigation are not just the victims and their abusers. All American Catholics are stakeholders in this litigation. The risk that abuse litigation poses to the financial viability of the Church and, as such, the implications of such litigation for the values that inform the First Amendment's guarantee of freedom of religion must be taken into account when secular courts assess the claims of the competing interests.


The Fourth Great Assault on the Anglosphere
05 Mar 2007
Whether the 21st Century extends the era of Anglosphere hegemony thus depends on whether the Anglosphere becomes a house divided against itself.
Law, Morality and a Just Wage
02 Feb 2007
Whether the minimum wage should raised is a matter of prudential judgment about an empirical matter, not a matter of faith or morals.
Cafeteria Catholicism and the Minimum Wage
19 Jan 2007
When liberal Catholic politicians support abortion rights, conservatives are quick to accuse them of being cafeteria Catholics. When conservative Catholic politicians oppose increasing the minimum wage, liberals are quick to hurl the same accusation. What gives?
First, Kill All the Transactional Lawyers?
09 Jan 2007

Transactional lawyers play a critical role in virtually all business transactions. But why is this so? Much of the work of transactional lawyers entails giving advice that could be given by other professionals. Accordingly, it seems fair to ask: why does anybody hire transactional lawyers?

Building a Better Blogtrap
20 Dec 2006

After a hiatus that lasted much longer than I expected, I recently returned to blogging with a new website design and, more importantly, a new philosophy about blogging.


Is There 'No Obligation to Act'?
01 Dec 2006
What does it mean when an institution changes its views about a 2,000 year-old tradition?
The Holes in Holistic Admissions
20 Nov 2006
What Michigan voters can learn from California's experience with affirmative action in higher education.
Why Have a Board of Directors?
13 Nov 2006
Why aren't corporations run using direct democracy—putting all major corporate decisions, including the choice of a new CEO, to a shareholder vote? Or by absolute corporate monarchy—allowing management to make all the decisions without oversight?
The Rite Move
27 Oct 2006
There is something very profound and moving in knowing that millions of people around the world, in dozens of countries, are saying precisely the same words that you are speaking.
The Communitarian Connundrum
13 Oct 2006
It is an over-broad understanding of what it means to be a community that is one of the things conservatives and libertarians steeped in the classical liberal tradition find most off-putting about modern liberalism.
A Shot Across Many Bows
15 Sep 2006
The Pope does seem to have the problem of religiously motivated terror in mind. Even so, Islam was not his only target.
What Left and Right Both Miss About the Wal-Mart Debate
13 Sep 2006
When you look under the rug, it turns out that Wal-Mart is a beneficiary of corporate welfare.
The GOP's Fawlty Towers
31 Aug 2006
The conventional wisdom is wrong -- Democrats need to talk about the war, while Republicans need to talk about something else.
Assessing Eliot
25 Aug 2006
In November, Eliot Spitzer likely will be elected as New York's next governor. Whether that will be good news for New Yorkers is perhaps debatable, but it's great news for America's economy.
The Red Wines of Summer
18 Aug 2006
Just as St. Paul eventually put away childish things when he became an adult, so too the evolving oenophile eventually realizes that the highest and best duty of any wine is to be red. Yes, even in summertime.
Perks for Perps?
27 Jul 2006
Executive perks are back on the SEC's radar. But many so-called perks are perfectly appropriate forms of compensation.
Double Trouble
25 Jul 2006
What do we conclude about an action that produces the 'double-effect' of both good and bad consequences? A response to Michael Rosen on stem cell research.
Just War for the Sake of Argument
18 Jul 2006
"Even a just war must be waged justly." Professor Bainbridge weighs in on the question of Israel's use of force.
Through the (Digital) Grapevine
11 Jul 2006
News you can use about booze; Professor Bainbridge on purchasing wine online.