UPDATED 4/24/13: Francis Pileggi has further details and analysis at the Delaware Corporate and Commercial Litigation Blog. Like Professor Bainbridge, Francis has been posting on Revlon-related issues for many years.
"Whoever takes goods (on credit) and becomes bankrupt, then again takes goods and again becomes bankrupt, then takes goods again and yet again becomes bankrupt is to be put to death after the third time."
-The Yasa, medieval Mongolian law code c. 1220 (statute reported by the Egyptian historian al-Maqrizi, c. 1400)
Attorneys who represent creditors and debtors, respectively, will likely have different views on this particular piece of legal history.
Updated 4/24/2012 - Meghan McArdle has further discussion at the Daily Beast.
Eugene Volokh reports on an interesting case, Med Express Inc. v. Nicholls, Case No. 13-CIV-0351 (Ohio Comm. Pl.). The action was filed by an online vendor who received negative feedback on Ebay from a purchaser.
Chapters 1 (Introduction) and 2 (What is Law?) of Business Law Basics are now available online.
The term “ADR” stands for “alternative dispute resolution.” The term ADR, when used in reference to a pending civil lawsuit, refers to the resolution of the lawsuit by means other than having a judge or jury decide the ultimate issues. ADR can be as informal as negotiations between the parties or their attorneys, or it can be as formal as binding arbitration. One of the many advantages of ADR is that it can be tailored to suit the needs of the parties.