Volume 2015, Number 1

The Board of Editors is pleased to present Issue 1 of the 2015 Volume of the Illinois Law Review.

First, Professors Ayres and Curtis propose legal reform in the area of mutual fund regulation responding to the problem of high-cost funds. The article’s central premise is that lawmakers and regulators can enhance competition in mutual funds by enabling sophisticated investors to arbitrage supracompetitive fees.

Next, Professor Clowney qualifies the optimistic view of private ordering of property rights. The article then endeavors to analyze the costs associated with violence imposed by a central authority compared to the violence that comes from private ordering.

Third, Professor Monahan attempts to resolve debates regarding the underfunding of state pension plans by examining state constitutions.

Fourth, Professor Secunda addresses the deliberate indifference of students towards the bullying of their special education peers.

In the final article in Issue 1, Professor Hurt discusses the dynamics inherent with the proposed Regulation Crowdfunding. Will crowdfunding as an alternative to private equity financing lead to a greater risk of founder control?

Issue 1 concludes with notes by Nathaniel Wackman, Nicholas R. Vallorano, and Benjamin Sunshine & Victor Abel Pereyra.