Marks, Tung and Walker: Course about the legal structure and characteristics of business corporations. Topics include the promotion and formation of corporations; the distribution of power between management and shareholders; the limitations on management powers imposed by state law fiduciary duties and federal securities laws; shareholder derivative suits; capital structure and financing of corporations; and fundamental changes in corporate structure, such as mergers and sales of assets. The course serves as a prerequisite to advanced courses. PREREQUISITE: Business Fundamentals. GRADING NOTICE: The CR/NC/H option is only offered in Professor Marks's section. Ellias: This course is an introduction to the basic legal rules and principles governing corporations. We examine three basic problems: (1) conflicts between a firm's managers and its owners (the shareholders); (2) conflicts between shareholders; and (3) conflicts between shareholders and creditors. We examine the costs associated with these conflicts and how markets, legal rules, and contracts might reduce them. This is a foundational law school course that provides the fundamental knowledge of business and finance needed for upper level classes. No prior knowledge of business or finance is expected. PREREQUISITE: Business Fundamentals. GRADING NOTICE: This class does not offer the CR/NC/H option.
Fall 2017: LAW JD 816 , Sep 6th to Dec 6th 2017
A1Frederick Tung4Mon,Wed2:10 pm - 4:10 pmLAW414
Fall 2017: LAW JD 816 , Sep 5th to Dec 7th 2017
M1Stephen G. Marks4Tue,Thu2:10 pm - 4:10 pmLAW103
Spring 2018: LAW JD 816 , Jan 16th to Apr 24th 2018
E1Jared Ellias4Tue,Thu8:30 am - 10:30 amLAW103
Spring 2018: LAW JD 816 , Jan 17th to Apr 25th 2018
W1Stephen G. Marks4Mon,Wed10:40 am - 12:40 pmLAW103