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Limited Liability in Historical Perspective: 1997 Paper Resurfaces

Original: Limited Liability In Historical Perspective (1997) [pdf]

A 1997 law review article, 'Limited Liability in Historical Perspective', is drawing renewed attention after being shared as a PDF. The paper traces how limited liability for shareholders developed as a legal concept and examines its historical justifications and criticisms. Readers are debating whether the doctrine's original rationale still holds up today, particularly in light of modern concerns about corporate accountability and risk-shifting onto society.

Why now: Readers are revisiting the historical and legal foundations of limited liability amid ongoing debates about corporate responsibility.

Washington and Lee Universitylimited liabilitycorporate law

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