Abstract

http://ssrn.com/abstract=92069
 
 

Citations (2)



 


 



The Essential Structure of Judgment Proofing


Lynn M. LoPucki


University of California, Los Angeles (UCLA) - School of Law


Stanford Law Review, Vol. 50, No. 4, 1998

Abstract:     
This article argues that substantially all judgment proofing can be described through a single model: a symbiotic relationship between two or more entities, in which one of the entities generates disproportionately high risks of liability while the other owns a disproportionately high level of assets. The two entities typically are joined by a contract that allocates the profits gained from externalization of the tort liability. Proof that the model is workable even in large businesses is made by demonstrating that a single business can be divided into two such entities without altering its components or its function. The courts cannot collapse the two entities into one because no principle exists for distinguishing them from each other or from their environment.

Number of Pages in PDF File: 14

JEL Classification: K13, K22

Accepted Paper Series





Download This Paper

Date posted: May 8, 2000  

Suggested Citation

LoPucki, Lynn M., The Essential Structure of Judgment Proofing. Stanford Law Review, Vol. 50, No. 4, 1998. Available at SSRN: http://ssrn.com/abstract=92069 or http://dx.doi.org/10.2139/ssrn.92069

Contact Information

Lynn M. LoPucki (Contact Author)
University of California, Los Angeles (UCLA) - School of Law ( email )
385 Charles E. Young Dr. East
Room 1242
Los Angeles, CA 90095-1476
United States
(310) 794-5722 (Phone)
Feedback to SSRN


Paper statistics
Abstract Views: 2,247
Downloads: 258
Download Rank: 68,523
Citations:  2

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo8 in 0.297 seconds