W&L Law’s Parella Wins Scholarship Award Professor Kish Parella was honored by the American Business Law Journal with the Hoeber Award for Excellence in Research.
Washington and Lee law professor Kish Parella was named as a recipient of the Ralph Hoeber Award for Excellence in Research for her article, “Protecting Third Parties in Contracts,” published recently in the American Business Law Journal (ABLJ).
The Hoeber Award, given annually by the ABLJ’s faculty board of reviewers and advisors, is granted every year to recognize scholarly excellence among two peer-reviewed articles published in the ABLJ during the year. Every article published in the ABLJ undergoes a rigorous and lengthy double-blind peer review process.
Parella’s article looks at the impacts that corporations have on non-shareholders and argues that corporate misconduct towards non-shareholders arises from a fundamental inconsistency within contract law regarding the status of third parties.
“Contracts are the primary means through which corporations interact in the world; revising our views about the duties that contracting parties owe third parties has significant implications for our views of how corporations should treat non-shareholders,” she writes.