Art in Walled Gardens

Angela Zhao & Sonia K. Katyal Volume 77, Issue 5, 1097-1152 Years ago, Lawrence Lessig warned society of the dangers of a “permission culture” and a “pay per use” society that requires licenses in order to create. With the rise of licensing and contractual...

Artificial Infringement

Michael P. Goodyear Volume 77, Issue 5, 1153-1212 Generative artificial intelligence (“AI”) is changing the way we do everything from legal research to artistic creation. These advances are possible through recent improvements in machine learning, but greater AI...

Behind the Stock Market

Paolo Saguato Volume 77, Issue 5, 1213-1276 In January 2021, retail broker-dealer Robinhood abruptly restricted trading in GameStop and other “meme” stocks, sparking public outrage and political scrutiny. While conspiracy theories spread quickly, a more mundane...

Disclosures as Warranties

Emily Strauss Volume 77, Issue 5, 1277-1312 The federal securities laws are conventionally understood as a disclosure regime: They compel issuers to provide information to the market, and they back that mandate with strict liability under provisions such as Section 11...

Immigration Parole

Eunice Lee Volume 77, Issue 5, 1313-1392 Under the Biden Administration, over 1.5 million noncitizens arrived in the United States through an under-studied immigration power known as “parole.” On his first day back in office, President Trump signed multiple executive...