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Professor Stephen Bainbridge Comments on Carlyle Group Plan to Require Shareholders to Resolve Claims through Arbitration
January 25, 2012—Professor Stephen Bainbridge commented on Carlyle Group’s efforts to require future shareholders to resolve claims through arbitration in a Bloomberg article.
“The justices have never ruled on whether public companies can extend the concept to shareholders,” said Stephen Bainbridge, a corporate and securities law professor at the UCLA School of Law in Los Angeles. “That could change should Carlyle meet opposition from the SEC and respond by suing the agency,” Bainbridge said.
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