BUSINESS ORGANIZATIONS (BUSINESS AND FINANCE LAW - 3000)
This course is intended to familiarize students with the nature of business entities. The course begins with a review of Agency Law. Partnerships, limited partnerships and joint ventures are then examined against the background of the Uniform Partnership and Revised Uniform Limited Partnership Acts. In the examination of corporations, attention is given to the problems of forming and financing the corporation, the federal securities laws and the distinctions between publicly held and closely held firms. Considerable stress is placed on the rights of shareholders and the authority and obligations of directors and officers of a corporation. Consideration is also given to shareholders derivative actions and to the problems involved in the dissolution and combination of corporations. Grades are based upon a final examination.
BUSINESS PLANNING (BUSINESS AND FINANCE LAW - 1060)
This course is designed to coordinate several areas of business-related law previously studied and to sensitize students to the constant practical interplay of these business-related areas of the law. Students will be assisted in verbalizing and drafting responses to the problems encountered by employing materials and documents which provide the framework for the practical application of previous legal training to commercial topics. Significant emphasis is placed on out-of-class drafting of and solutions to legal-business problems. Grades are based upon class performance and short written assignments.
COMPARATIVE CORPOR LAW SEMINAR (BUSINESS AND FINANCE LAW - 3070)
This course examines the corporate governance systems used by key European and Asian countries. Much of the seminar will be devoted to analyzing the common problems facing business organizations and how different legal systems respond to those problems. Among other topics, the seminar will analyze differences in the basic governance structure of corporations, creditor protection, related party transactions, mergers and acquisitions, and investor protection. The class will be conducted as a seminar in which students will present, defend, and receive comments from their fellow students on their papers. Students will be responsible for reading all required course materials and for class participation. Each student will also be required to research and write a paper on a relevant topic. The grade will be based on the paper (80%) and class participation (20%).
MERGERS AND ACQUISITIONS (BUSINESS AND FINANCE LAW - 3080)
This course examines mergers and acquisitions from both a practical and theoretical perspective. It focuses on principal acquisition methods, transaction structures, corporate and securities laws, fiduciary duties, legal and regulatory concerns, and the underlying financial and economic principles that drive these transactions. This course will also cover current M&A practice and recent developments, as well as significant M&A theory, case law, and history. Students will be responsible for reading all required course materials and for class participation. There will be a final examination at the end of the semester. Grades are based on the final examination (90%) and class participation (10%).
SECURITIES REGULATION (BUSINESS AND FINANCE LAW - 2070)
This course will focus on the Securities Act of 1933 and the Securities Exchange Act of 1934. With respect to the former, the course will particularly emphasize the public distribution process, registration, proxy regulation, regulation of tender offers and corporate repurchases, short-swing trading by corporate insiders and the anti-fraud provisions (including Rule 10B-5 and civil liability). The course will also examine the professional responsibilities of securities lawyers and other professionals and will touch upon regulation of securities exchanges and the over-the-counter market and regulation of brokers and dealers. Grades are based upon a final examination.