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59 Wm. & Mary L. Rev. Online 1 (2017-2018)

handle is hein.journals/willmaon59 and id is 1 raw text is: William & Mary Law Review Online VOLUME 59 2017 DISTRIBUTED GOVERNANCE CARLA L. REYES,* NIZAN GESLEVICH PACKIN** & BENJAMIN P. EDWARDS*** ABSTRACT Distributed ledger technology disrupts traditional business organ- izations by introducing new business entities without the directors and officers of traditional corporate entities. Although these emerg- ing entities offer intriguing possibilities, distributed entities may suffer significant collective action problems and expose investors to catastrophic regulatory and governance risks. Our Article examines * Visiting Assistant Professor, Stetson University College of Law; Faculty Associate, Berkman Klein Center for Internet and Society at Harvard University; Affiliated Faculty, Indiana University Bloomington Ostrom Workshop Program on Cybersecurity and Internet Governance. J.D., L.L.M. in International & Comparative Law, Duke University School of Law; M.P.P., Duke University Terry Sanford School of Public Policy. ** Assistant Professor of Law, Baruch College, Zicklin School of Business, City University of New York; Affiliated Faculty, Indiana University Bloomington Ostrom Workshop Program on Cybersecurity and Internet Governance. S.J.D., University of Pennsylvania, L.L.M. Columbia Law School, B.A. & L.L.B. Haifa University. *** Associate Professor of Law, University of Las Vegas William S. Boyd School of Law. J.D., Columbia Law School; B.A., University of South Carolina. 1

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