“Y’all could have guessed I’d be blogging about this, because it’s like someone created a corporate law honey pot just for me personally. I’m a bit late to the party on the Ben & Jerry’s structure – I know social enterprise scholars have studied the Unilever / Ben & Jerry’s arrangement for years – but now that there’s a dispute, I am fascinated. As I understand it, Ben & Jerry’s was a publicly traded company, with a multi-class stock structure that handed control to founders Ben Cohen and Jerry Greenfield. Cohen and Greenfield were famously committed to the company’s social mission as well as its economic one …” (more)
[Ann Lipton, Business Law Prof Blog, 9 July]
First posted 2022-07-09 13:00:02
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