Corporate Law

A recent article of The Wall Street Journal; in the section titled “Law Journal”, has encouraged me to question the rights and court case outcomes regarding the corporate entity. One article in particular has sparked my interest in the dealings of corporations and the validity of their assumed power. The article titled Sotomayor Issues Challenge to a Century of Corporate Law relates to what some see as a “provocative comment” which challenged the established foundation of corporate law and behavior by Judge Sotomayor. The debate began with corporate campaign and political spending, afterwards progressing into the rights and restrictions of corporations themselves. Judge Sotomayor was seen to have inferred that corporate entities should not be afforded the same inalienable rights and protection as flesh and blood citizens are entitled to. She probed the 19th century court decision which gave corporations their inalienable rights as a possible error of the court’s judgment, and inadvertent shortsightedness to future implications or consequences. The article briefly reviews past decisions and history in corporate law which encouraged me to investigate further. Per my findings, I encourage others to research the basic rights and privileges given to corporations as many of you will be quite surprised with your findings. The article concludes with an implied allusion of future conflict between the Supreme Court and future corporate cases, specifically when the corporate campaign finance decision is to be decided by years end.