Larry Ribstein, nexus of contracts theory, employee ownership
This essay approaches the scholarship of the late Professor Larry Ribstein from a progressive vantage point. It argues that Ribstein's revolutionary work upended the "nexus of contracts" theory in corporate law and provided a potential alternative to the regulatory state for those who believe in worker empowerment and anti-cronyism. Progressive corporate law scholars should look to Ribstein's scholarship not as a hurdle to overcome, but as a resource to be tapped for insights about constructing a more egalitarian and dynamic economy.
Hayden, Grant M. and Bodie, Matthew T., Larry from the Left: An Appreciation (October 15, 2013). Virginia Law & Business Review (2013).