This survey course covers topics that such as (1) the rights and responsibilities of sellers, buyers, lessors and lessees of personal property, including transactions in documents of title and letters of credit; and (2) studying the security interests in personal property. There is particular emphasis on Articles 2, 2A and 9 of the Uniform Commercial Code.
(if not used as satisfying required course)
An introduction to the language and law of business organizations, including agency, partnership, and business corporations. Topics include formation and structure of the corporation, power and fiduciary responsibility of management, rights and liabilities of shareholders, corporate capital structure and finance, shareholders' derivatives litigation, acquisitions and tender offers, and insider trading. Federal securities law is introduced.
(if not used as satisfying required course)
Prerequisites: None
This course covers the organizational law of small businesses, particularly those with relatively few owners or shareholders. It introduces and compares different types of legal organizations commonly used by small businesses, such as general partnerships, limited partnerships, closely held corporations, and limited-liability companies (LLCs).
Prerequisites: Taxation I
Co-requisites: Corporations OR Closely Held Business Organizations
A study of the regulation of securities under the federal securities laws. Topics include registration of public offerings, exempt sales, insider trading, anti-fraud rules, mergers and tender offers, and the professional responsibility of securities lawyers.
Economics plays an important role in all areas of the law. This course introduces students to the economic concepts that they will need to know to be effective litigators and transactional lawyers. Among other things, we will address the following questions. How do markets work? What happens when one party to a transaction has an informational or bargaining advantage? How can we tell whether a party is acting rationally or irrationally? How can lawyers use economics to advice clients, draft contracts and make persuasive legal arguments?
Survey of basic legal and policy concepts governing the employment relationship.
Prerequisites: Corporations
An advanced corporate course designed to develop students' awareness of the range of legal issues involved in the public and private funding of the activities of a corporation or similar business entity. The course provides a basic analysis of commercial loan agreements; stocks, bonds, and other securities; mergers and acquisitions; corporate capital structure; and enterprise valuation.
A comprehensive study of the legal principles governing the relationship of debtors and creditors, with primary emphasis on federal bankruptcy law and focus on the rights of unsecured creditors. Traditional state remedies such as attachment, garnishment, execution, fraudulent conveyance and debtors' exemptions also are covered.
A study of judicial decisions construing and applying the federal antitrust laws ( i.e., Sherman, Clayton, Robinson-Patman, and Federal Trade Commission Acts) to the control of the competitive process in the American economy.
