AALL Spectrum

AALL Spectrum / July/August 2020 / Volume 24, Number 6

AALL Spectrum / Published by American Association of Law Libraries

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4 AALL SPECTRUM | WWW.AALLNET.ORG 105 West Adams Street, Suite 3300, Chicago, Illinois 60603 www.aallnet.org | 312.939.4764 EXECUTIVE DIRECTOR Vani Ungapen EDITOR Steven A. Lastres DIRECTOR OF MARKETING & COMMUNICATIONS Heather Haemker COPY EDITOR Timothy Johnson DESIGN Feldcomm AALL SPECTRUM EDITORIAL BOARD Kristina J. Alayan • Cynthia L. Brown • Tina S. Ching • Elizabeth Farrell Clifford • Elaine M. Egan • Karin Johnsrud • Kim Nayyer AALL EXECUTIVE BOARD LEADERSHIP Michelle Cosby, President Emily R. Florio, Vice President Cornell H. Winston, Treasurer Luis Acosta, Secretary ADVERTISING Bill Spilman | Innovative Media Solutions 309.483.6467 | bill@innovativemediasolutions.com SUBSCRIBE AALL Spectrum is a benefit of membership in the merian ssoiation of Law Libraries. Nonmembers may subscribe to AALL Spectrum for $75 per year. PUBLICATION AALL Spectrum (ISSN: 1089–8689) is published six times per year by the American Association of Law Libraries. Periodicals postage paid at Chicago, Illinois, and aitional mailing offies : en aress hanges to AALL Spectrum, 105 W. Adams St. Ste. 3300, Chicago, IL 60603-6225. This publication is provided for informational and educational purposes only. The American Association of Law Libraries does not assume, and expressly disclaims, any responsibility for the statements advanced by the contributors to, and the advertisers in, the Association's publication. Editorial views do not neessarily represent the offiial position of the ssoiation or of its offiers directors, staff, or representatives. All advertising copy is subject to editorial approval. The Association does not endorse or make any guarantee with re- spect to any products or services mentioned or advertised in the publication. All content copyright 2020 by the American Association of Law Libraries, except where otherwise expressly indicated. Except where otherwise express- ly provided, the author of each item in this issue has granted permission for copies of that item to be made for classroom use or for any other educational purpose, provided that (1) copies are distributed at or below cost, (2) author and AALL Spectrum are ientifie an proper notie of opyright is affie to each copy. For items in which it holds copyright, the American Association of Law Libraries grants permission for copies to be made for classroom use or for any other educational purpose under the same conditions. AALLSpectrum 7.375 x 4.75 Legal Capital is widely credited with pioneering the introduction of the balance sheet and equity solvency tests, as well as other reforms in the Model Business Corporation Act and corporation statutes in more than 30 states. This edition adds new historical material, updates the statutes and caselaw on dividends and other distributions in the U.S., and compares the evolution of legal capital/ capital maintenance in countries around the world. ISBN 9781599417721 "Legal Capital turns on a basic tension around the corporate form – how the concept of limited liability can place creditors' and shareholders' interests at odds, and how that tension is resolved through statute, case law, and private contracting. It is a must-read for corporate law students, academics, and practitioners, and a must-have for law firm and university libraries." Charles K. Whitehead Myron C. Taylor Alumni Professor of Business Law Cornell Law School Visit | store.westacademic.com Call | 800-782-1272 email | inquiries@westacademic.com © 2020 LEG, Inc. d/b/a West Academic. West, West Academic Publishing, and West Academic are trademarks of West Publishing Corporation, used under license. 101755-b1 LEGAL CAPITAL, 4th Ed Bayless Manning, Late Former Dean, Stanford Law School James J. Hanks, Jr., Partner, Venable LLP

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