Selected Publications

Solvency Tests and Related Work

The Altman Z Score Does Not Predict Bankruptcy, AIRA Journal, 33(3), 32-34 (2020).

Simple Insolvency Detection for Publicly-Traded Firms, Business Lawyer, Vol 74(3), 723-734 (2019).

Debt and Insolvency, Review of Banking and Financial Law Vol. 38, 363-388 (2019).

Positive Equity Prices with Insolvency Under Legal Solvency Tests, 23 Journal of Forensic Economics, Vol 23, 63-70 (2018).

Solvency Tests, Business Lawyer, Vol. 62, No. 3, 983-1006 (2007).

Deepening Insolvency, The Journal of Corporation Law, Vol. 30, No. 3, pp. 465-500 (2005).

Incomplete Financial Contracts and Non-Contractual Legal Rules: The Case of Debt Capacity and Fraudulent Conveyance Law, Journal of Financial Intermediation, Vol. 9, pp. 169-183 (2000).

Economic Analysis of Litigation

The Siren Song of Litigation Funding, Michigan Business & Entrepreneurial Law Review, Vol 9(1), 139-155 (2020).

Litigation Funding: An Economic Analysis, American Journal of Trial Advocacy, Vol 42, 307-330. (2019).

What Injures a Corporation? Toward Better Understanding Corporate Personality, Business Lawyer Vol. 73(4), 1031-1050 (2018).

The ‘Long Term’ in Corporate Law, Business Lawyer, Vol. 72 (2), 353-366 (2017).

Event Studies in Securities Litigation: Low Power, Confounding Effects, and Bias, 93 Washington University Law Review pp. 583-614 (2015) (with Alon Brav).

Settlement Pressure, International Review of Law and Economics, Vol. 25, pp. 264-275 (2005).