Volume 91, Number 3 – May 2011
CONTENTS
SYMPOSIUM
THE ROLE OF FIDUCIARY LAW AND TRUST IN THE TWENTY-FIRST CENTURY: A CONFERENCE INSPIRED BY THE WORK OF TAMAR FRANKEL
Editors’ Foreword
Page 833
PANEL I: THE NATURE OF FIDUCIARY LAW AND ITS RELATIONSHIP TO OTHER LEGAL DOCTRINES AND CATEGORIES
Fiduciary Law: Why Now? Amending the Law School Curriculum
Rafael Chodos
Page 837
Causation in the Fiduciary Realm
Deborah A. DeMott
Page 851
Who Are the Beneficiaries of Fisk University’s Stieglitz Collection?
Alan L. Feld
Page 873
Fencing Fiduciary Duties
Larry E. Ribstein
Page 899
Fiduciary Law’s “Holy Grail”: Reconciling Theory and Practice in Fiduciary Jurisprudence
Leonard I. Rotman
Page 921
PANEL II: AN INTERDISCIPLINARY VIEW OF FIDUCIARY LAW
“As if.” Accountability and Counterfactual Trust
Joshua Getzler
Page 973
Fiduciary Relations and the Nature of Trust
Richard Holton
Page 991
Psychological Perspectives on the Fiduciary Business
Donald C. Langevoort
Page 995
Trust and Fiduciary Duty in the Early Common Law
David J. Seipp
Page 1011
The Economic Structure of Fiduciary Law
Robert H. Sitkoff
Page 1039
PANEL III: CURRENT ISSUES IN FIDUCIARY LAW
SEC v. Capital Gains Research Bureau and the Investment Advisers Act of 1940
Arthur B. Laby
Page 1051
Insider Trading, Congressional Officials, and Duties of Entrustment
Donna M. Nagy
Page 1105
Governance, Accountability, and Trust: A Comment on the Work of Tamar Frankel
James E. Post
Page 1165
The Puzzle of Independent Directors: New Learning
Frederick Tung
Page 1175
Fiduciary Duty and the Public Interest
Cheryl L. Wade
Page 1191
Executive Pay Lessons from Private Equity
David L. Walker
Page 1209
PANEL IV: PUBLIC SERVANTS AND PRIVATE FIDUCIARIES
Parents: Trusted but not Trustees or (Foster) Parents as Fiduciaries
Margaret F. Brinig
Page 1231
Fiduciary Law’s Lessons for Deliberative Democracy
David L. Ponet & Ethan J. Leib
Page 1249
Why Not a CEO Term Limit?
Charles K. Whitehead
Page 1263
ESSAY
Fiduciary Law in the Twenty-First Century
Tamar Frankel
Page 1289