Course Info
This course is an introduction to the law of business associations, including general and limited partnerships, limited liability companies, and corporations. The functions and relationships of enterprise participants, primarily promoters, equity owners, creditors, and managers are investigated. The course covers pre-organizational problems and then canvasses the roles of ownership and management, with emphasis on the special duties (fiduciary and other) imposed on certain participants in publicly and closely-held entities. The regulation of securities fraud, proxy voting and solicitations, and the issuance of securities under the federal securities laws is explored. Fundamental concepts of business financing, including valuation of the concern and claim structure, are investigated. Organic changes, including dissolutions, mergers, and tender offers, are discussed.
Instructor [Sections 310, 610]
Prof. Charles R. Korsmo is a Professor of Law who teaches courses in corporate law, mergers & acquisitions, corporate finance and torts. Korsmo's articles have appeared in the Iowa Law Review, Washington Law Review, among others. His scholarship has been cited by the Delaware Court of Chancery, the U.S. Court of Appeals for the Second Circuit and in the New York Times and Wall Street Journal.
Instructor [Sections 320, 620]
Prof. Anat Alon-Beck is an assistant professor of law. Her research focuses on corporate law and governance, particularly the shift in equities from public markets to private markets and the rise in the number of "unicorn" firms—privately held venture-capital backed startups that are valued at $1 billion or more.
Syllabus
The syllabus for your course is available on Canvas.
Textbooks [Both Sections]
Business Associations, Cases and Materials on Agency, Partnerships, LLCs, and Corporations by Call Number: KF1355.A7K56ISBN: 9781684673346Publication Date: 2021-11-08Available for the first 2 weeks of classes at eproducts.westacademic.com.
Instruction sheet to set up access
Business Associations by ISBN: 9781636599014Publication Date: 2022-03-02
Study Aids
These study aids are available online. Please click the hyperlinked title to view them. For instructions on how to use the specific platforms, including troubleshooting, please view Andy Dorchak's Study Aids Research Guide.
Acing Business Associations by ISBN: 9781634596008Publication Date: 2016Available via West Academic Study Aids.
Questions and Answers by ISBN: 9781422490853Publication Date: 2015Available via LexisNexis Digital Library.
Business Associations in a Nutshell by ISBN: 9780314208514Publication Date: 2009-12-03Available via West Academic Study Aids.
CALI
Computer-Aided Legal Instruction (CALI) requires an authorization code to use. If you do not have a CALI account, please contact Kieran Layton or the reference desk for assistance.
Quimbee
If you have not registered your Quimbee account, please contact Kieran Layton or the reference desk for assistance.
Audio Guides
Law School Legends Audio on Business Organizations by ISBN: 9781634598408Publication Date: 2020Available via West Academic Study Aids.
Office Hours on Business Organizations by Publication Date: 2020Available via West Academic Study Aids.