Business Associations I
This course is designed for those in the Executive LLM Program. Business Associations I provides an introduction to the law that governs business associations. The class is designed to provide students with a foundation in the common law and state statutory systems that regulate business organizations, and to understand the broader legal and policy implications involving this regulation. The course begins with the law of agency, which provides the foundation for our discussion of partnerships and corporations. Most of the course will be dedicated to studying the large, publicly-traded corporation. We will explore limited liability, the ultra vires doctrine, and challenges firms face during incorporation, which, taken together, can loosely be considered the corporation?s dealings with outsiders. We will then proceed to board structure, shareholder voting rules, managers? fiduciary duties, and transactions involving corporate control (which includes takeovers); these topics collectively involve the corporation?s dealings with insiders.
Catalog Number: BUSCOM 803E
Practice Areas: Business, Corporate,Trans Area