Ann M. Lipton

add it to the blog?

www.unnecessaryquotes.com

Ryan from The OC going hard on how crypto is a scam is the wildest silver lining in this timeline

Unrestrained billionaire spending is not just going to sway the White House (see: Elon Musk in 2024), but to races for governor, Congress, mayor, courts, initiatives, school boards.

Here is what a former RNC chair told me.

5/7

www.nytimes.com/2026/03/09/u...

Billionaires’ % share of federal election spending in:

2008: 0.3%

2024: 19%

@nytimes.com #GildedAge
www.nytimes.com/2026/03/09/u...

A Bluesky thread. Daniel Radosh writes: Took my kid to a college fair for small liberal arts schools and asked each one, "how are you thinking about Al?" (hard to find a neutral way to phrase that so they didn't just say what I want to hear). Only one gushed about how they're integrating it into the curriculum (crossed it off the list) The most common response was a cautious "right now we leave it up to individual profs but it's not going away so we've begun an investigation into whether to formally allow it or adopt it, and how to engage with it critically." But one school said, "We believe in a human-centered education and Al is at odds with that. Honor code rules about plagiarism cover Al but we also don't waste effort cracking down on it. Instead we make it clear that using it is cheating yourself out of the education you presumably signed up for" I told the rep, "That's the best answer I've heard all day, now I need to ask about Leon Botstein," and she just deflated.

Look, you win some, you lose some @radosh.bsky.social

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Organized in Nevada

Okay emergency blog post explaining this:

www.businesslawprofessors.com/2026/03/i-kn...

wait, correction - when arcbest moved, it did take advantage of limits on shareholder lawsuits for anything other than fraud - but it also promised not to adopt the ownership thresholds for suits and proposals

- real self-dealing claims.

So this puts BR/Vanguard in a bind.

I think politically they're under attack for being hostile to fossil fuels/believing climate change is real, and so they probably want to keep their heads down.

But Exxon's proposal here won't just insulate Exxon from ESG activism, it will block lawsuits over -

February 2026 Reincorporation Update Following up on January's post on this topic, we have some updates. This is the list I've compiled so far. Announced Moves as of February 26 Company

But, critically, it's not saying it won't in the future - unlike Arcbest, which adopted a charter provision opting out of these extra TX protections:
www.businesslawprofessors.com/2026/02/febr...

not opting in to the provisions of Texas law that would require ownership thresholds for derivative suits and SH proposals.

- for anything short of fraud and illegality (i.e., mere conflicts of interest won't do it).

Apparently as a sweetener to the Blackrocks of the world, Texas is -

since tesla moved to texas, texas revamped its corporate law to be much, much more manager friendly.

in particular, texas allows companies to prevent derivative lawsuits if you don't have 3% of the stock, and to prevent SH proposals if you don't have $1 million worth.

it also prevents lawsuits -

more seriously, the proposed move is actually very interesting.

first, exxon doesn't have a controlling shareholder, which means it needs the approval of blackrock/vanguard, etc - normie institutional investors.

ExxonMobil joins corporate migration to Texas amid investor activism battle Oil giant said it expects to benefit from more ‘reasonable, productive decisions’ in Lone Star state

and exxon isn't even a delaware company

www.ft.com/content/96d7...

These anti-social transition bills have been kicking around for the last couple of years, and since you can't make it illegal for kids to have certain kinds of haircuts, they mostly focus on punishing teachers.

Goldman pitches hedge funds on strategies to bet against corporate loans Fears that AI advances will upend the software industry have driven demand for new ways to place wagers

heh

www.ft.com/content/52c4...

Figurines of Brady Bunch and Partridge Family fighting each other

I have created a diorama of the Partridge family attacking the Brady Bunch family. My life is very boring.

i mean the shoes aren't that expense, he can afford $145.

it's funny he didn't think to go out and buy the same brand of shoes, in the correct size, and wear those instead

Maybe we can do this every trading day.

Which leading economies will pay the biggest price for the Iran war? Not the US, it turns out

Great to end my first week on the @financialtimes.com economics desk working on this story with Sam and Myles

as.ft.com/r/7babde76-f...

states have to step up, part infinity

Musk's tweets/retweets about the trial have been an issue for the judge in this case. In court this morning, Justice Breyer raised the issue that these kinds of posts could bias the jury if they inadvertently came across them. Today he asked jurors if they had seen any publicity related to the case.

we’re so fucked lol i just waited in line to get gas bc people are filling multiple extra containers each (at $3.39 each

i am not religious but true religious belief can translate into awe-inspiring levels of self-sacrifice and commitment to a cause

strategically, it is folly for the left to give that up to the right

had fun today in class comparing dgcl 144 (revised) with mbca with texas

normally going through statutory text is a slog but i ... believe my students got the point

This is to say: if you're an attorney who's hesitated to take on habeas cases because you think you lack the knowledge, or you're worried about whether you'll really help, I PROMISE you can make a difference. I'm just a dipshit with a 7-year-old laptop and a bad attitude. If I can do it, so can you.