ARTICLES

THE NON-MERGER VIRTUAL MERGER: IS CORPORATE LAW READY FOR VIRTUAL REALITY?.................................................................................Stuart R. Cohn

OBSERVATIONS ON THE NEED TO REDESIGN ORGANIZATIONS AND TO REFOCUS CORPORATION LAW TO PROMOTE ETHICAL BEHAVIOR AND DISCOURAGE ILLEGAL CONDUCT.......William ArthurWines and J. Brooke Hamilton III

THE UNIFIED BUSINESS ORGANIZATIONS CODE: THE NEXT GENERATION....... ...........................................................................................................Harry J. Haynsworth

"GOOD FAITH" AND THE ABILITY OF DIRECTORS TO ASSERT SECTION 102(b)(7) OF THE DELAWARE GENERAL CORPORA- TION LAW AS A DEFENSE TO CLAIMS ALLEGING ABDICATION, LACK OF OVERSIGHT, AND SIMILAR BREACHES OF FIDUCIARY DUTY............................................................John L. Reed and Matt Neiderman

NOTE

INDEMNIFICATION IN DELAWARE: BALANCING POLICY GOALS AND LIABILITIES................................................................................................Karl E. Stauss

COMMENT

MM COMPANIES INC. V. LIQUID AUDIO INC.: DETERMINATION OF THE REVIEW STANDARD WHEN DIRECTORS' DEFENSIVE MEASURE IMPEDES SHAREHOLDERS' RIGHT TO VOTE..................................................................................Shaunna L. Wollpert