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Volume 100 - Issue 2

Note: Rejecting Tax Exceptionalism: Bringing Temporary Treasury Regulations Back in Line with the APA

By Eleanor D. Wood. Full text here. The Treasury Department has broad general rulemaking power and has historically used this power to create new regulations promulgated under APA notice-and-comment procedures. However, out of supposed necessity in the 1980s, the Treasury began increasingly using temporary regulations, which follow no such promulgation procedure, yet are binding on taxpayers…

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Note: Same-Sex Marriage and Disestablishing Parentage: Reconceptualizing Legal Parenthood Through Surrogacy

By Michael S. DePrince. Full text here. Parenthood is easily determined when a heterosexual married couple conceives a child through sexual reproduction. The common law marital presumption of parenthood holds that when a child is born into a marriage, the woman, having given birth, is presumed the child’s mother; likewise, the woman’s husband, by virtue of marriage…

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Note: Striking Before the Well Goes Dry: Exploring If and How the United States Ban on Crude Oil Exports Should Be Lifted To Exploit the American Oil Boom

By Sam Andre. Full text here. President Gerald Ford championed the adoption of the Energy Policy and Conservation Act (EPCA) in 1975 to promote American energy independence through the limiting of American crude oil exports. Through this law and related regulatory provisions, the federal government successfully shielded American energy interests from crises similar to the 1973…

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Syria, Cost-sharing, and the Responsibility to Protect Refugees

By E. Tendayi Achiume. Full text here. The Syrian refugee crisis is the largest since the Second World War. This Article is the first to analyze the devastating fallout of this crisis, and to propose a novel approach to a perennial international law problem at its center. Nearly all of the more than four million refugees that…

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The Digital Shareholder

By Andrew A. Schwartz. Full text here. Crowdfunding, a new Internet-based securities market, was recently authorized by federal and state law in order to create a vibrant, diverse, and inclusive system of entrepreneurial finance. But will people really send their money to strangers on the Internet in exchange for unregistered securities in speculative startups? Many are doubtful,…

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Equity Crowdfunding: A Market for Lemons?

By Darian M. Ibrahim. Full text here. Angel investors and venture capitalists (VCs) have funded Google, Facebook, and virtually every technological success of the last thirty years. These investors operate in tight geographic networks, which mitigates uncertainty, information asymmetry, and agency costs both pre- and post-investment. It follows, then, that a major concern with equity…

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Communicating the Canons: How Lower Courts React When the Supreme Court Changes the Rules of Statutory Interpretation

By Aaron-Andrew P. Bruhl. Full text here. From time to time, the Supreme Court changes some aspect of its approach to statutory interpretation. These changes include large-scale shifts on matters such as the relative prominence of textual sources versus legislative history as well as small-scale changes exemplified by the creation, modification, or abandonment of particular interpretive…

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