BANKING, BUSINESS, AND CONTRACT LAW

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  • Source:
    Indiana Law Review, 2016/01/01, Vol: 49, p981
  • Additional Information
    • Author:
      FRANK SULLIVAN, JR.
    • Citation:
      49 Ind. L. Rev. 981
    • Copyright:
      Copyright (c) 2016 The Trustees of Indiana University
    • Abstract:
      This Article surveys banking, business, and contract law decisions of the Indiana Supreme Court and Indiana Court of Appeals between September 1, 2013, and August 31, 2014. This Article includes discussion of many so-called not-for-publication "memorandum" decisions of the court of appeals because such decisions often establish new law; clarify, modify, or criticize existing law; or involve legal or factual issues of unique interest or substantial public importance. Whatever the appellate rules are at the moment about the citation of memorandum decisions, they contain critical guidance on Indiana law and cannot be ignored. 1 This Article will not itemize every banking, business, and contract law case decided during the survey period. Instead, it will highlight cases illustrating some of the big-picture issues in these fields as well as some practice pointers for both transactions lawyers and litigators. This Article will also discuss the Indiana Supreme Court's commercial courts initiative and the enactment of a new statute authorizing "benefit corporations." I. COMMERCIAL COURTS COME TO INDIANA For many decades now, the Delaware Court of Chancery has enjoyed an exalted reputation for the manner in which it has adjudicated business disputes, especially those over corporate governance. 2 Major national corporations explicitly attribute their decisions to incorporate in Delaware to the "prominence and predictability of Delaware corporate law." 3 In today's competitive economic development environment and in a push for judicial efficiency, at least twenty-seven states have established specialized business or complex litigation courts to assure judicial expertise and streamline business litigation. 4
    • Subject Terms:
    • Keywords:
      predictability
      corporations
      transactions
      illustrating
      specialized
      established
      environment
      development
      competitive
      incorporate
    • Accession Number:
      edslex3C432783
  • Citations
    • ABNT:
      SULLIVAN, F. Banking, Business, and Contract Law. Indiana Law Review, [s. l.], v. 49, p. 981, 2016. Disponível em: . Acesso em: 17 set. 2019.
    • AMA:
      SULLIVAN F. Banking, Business, and Contract Law. Indiana Law Review. 2016;49:981. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3C432783&custid=s8280428. Accessed September 17, 2019.
    • APA:
      SULLIVAN, F. (2016). Banking, Business, and Contract Law. Indiana Law Review, 49, 981. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3C432783&custid=s8280428
    • Chicago/Turabian: Author-Date:
      SULLIVAN, FRANK. 2016. “Banking, Business, and Contract Law.” Indiana Law Review 49 (January): 981. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3C432783&custid=s8280428.
    • Harvard:
      SULLIVAN, F. (2016) ‘Banking, Business, and Contract Law’, Indiana Law Review, 49, p. 981. Available at: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3C432783&custid=s8280428 (Accessed: 17 September 2019).
    • Harvard: Australian:
      SULLIVAN, F 2016, ‘Banking, Business, and Contract Law’, Indiana Law Review, vol. 49, p. 981, viewed 17 September 2019, .
    • MLA:
      SULLIVAN, FRANK. “Banking, Business, and Contract Law.” Indiana Law Review, vol. 49, Jan. 2016, p. 981. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3C432783&custid=s8280428.
    • Chicago/Turabian: Humanities:
      SULLIVAN, FRANK. “Banking, Business, and Contract Law.” Indiana Law Review 49 (January 1, 2016): 981. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3C432783&custid=s8280428.
    • Vancouver/ICMJE:
      SULLIVAN F. Banking, Business, and Contract Law. Indiana Law Review [Internet]. 2016 Jan 1 [cited 2019 Sep 17];49:981. Available from: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edslex&AN=edslex3C432783&custid=s8280428