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Commentary and Cases on the Law of Business Organization (w/ Connected eBook with Study Center)
- Edition : 6th ed., 2021
- Author(s) : Allen, Kraakman, Khanna
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Commentary and Cases on the Law of Business Organization (w/ Connected eBook with Study Center)
- ISBN: 9781543815733
- SKU: 93216
- Condition: New
- Format: Hardcover/Access Code
$225.00
List Price: $345.00
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Commentary and Cases on the Law of Business Organization (w/ Connected eBook with Study Center) (Instant Digital Access Code Only)
- SKU: 93216E
- Format: Digital Access Code Only
- Instant Access!
Purchase or rental of a new Connected eBook with Study Center includes a new print textbook PLUS a full ebook version of your text; outlining and case briefing tools; a variety of practice questions; straightforward explanations of complex legal concepts; and progress indicators to help you better allocate your study time.
Order now to get INSTANT ACCESS to the ebook and other digital tools — just redeem the access code sent in your order confirmation email!
Extraordinary authorship adds a unique real-world perspective to Commentaries and Cases on the Law of Business Organization. Logical and flexible organization allows for chapters to be taught in any order to accommodate alternative teaching approaches. Rich commentary in the form of explanatory notes facilitates teaching and understanding. Careful case selection and editing presents both classic and important recent cases and an economic-analysis perspective is made accessible through clear and consistent explanatory text. Examples, hypotheticals, and diagrams illustrate conceptual and theoretical models. The text can easily be used in any Business Organization course with a focus on corporate law.
New to the Sixth Edition:
- Extensively revised Chapter on rise of alternative business entities (e.g., LLCs, LPs) and case law pertaining to them such as Dieckman and Miller). Also, we discuss implications of greater contractualization of fiduciary duties in business entities – a theme repeated in numerous places throughout the book.
- Extensively revised and updated Chapter on corporate voting discussing the impact of institutional investors and asset managers (alternatively hedge funds and index funds); the new SEC rules on proxy advisory firms and shareholder proposals; and the growth of ESG related proposals.
- Updated and revised discussion on the duty of loyalty, corporate purpose, and the rise of public benefit corporations.
- Updated and revised discussions in a number of Chapters including on developments related to Caremark duties and compliance programs (e.g., the Marchand decision); Creditor protection; basic finance and valuation; judicial review of executive compensation (e.g., Investors Bancorp); regulation of shareholder litigation (e.g., Trulia; Sciabacucci); insider trading (e.g., Salman, Martoma, and Dozorkho) and fraud on the market.
- Extensively revised and updated Chapter on Mergers & Acquisitions discussing the rise of deal litigation, appraisal actions, and fair value determinations (e.g., Dell; Aruba; Jarden) along with developments in fiduciary duty class actions related to freeze out mergers under M.F. Worldwide such as Synutra.
- Extensively revised and updated Chapter on Corporate Control Contests including discussion of Corwin and its progeny including Morrison and PLX.
Order now to get INSTANT ACCESS to the full ebook version of the text; outlining and case briefing tools; a variety of practice questions; and other resources — just redeem the access code sent in your order confirmation email!
Making the economic concepts that underlie corporate law doctrine understandable and accessible to students takes exceptional teaching and writing skills - such as those possessed by William T. Allen and Reinier Kraakman. In Commentary and Cases on the Law of Business Organization, this outstanding author team brings clarity and insight to the course, using economic analysis as a tool for understanding business structures and transactions. This new teaching tool is carefully crafted to engage student interest:
Clear and concise introductions and transitional text provide context and meaning;
An excellent selection of cases includes classics such as Kamin v. American Express Co. (exploring the business judgment rule), Walkovszky v. Carlton (limiting shareholder liability for corporate torts), and important recent cases, such as In re Caremark (dealing with the board's responsibility to monitor for wrongdoing) and Paramount Communications Inc. v. QVC Network, Inc. (addressing the board's duty to obtain the highest value for shareholders in a sale of control transaction).
Table of Contents includes:
Introduction to the Law of Enterprise Organization;
Acting Through Others: The Law of Agency;
The Problem of Joint Ownership: The Law of Partnership;
Introduction to the Corporate Form;
Debt, Equity, and Economic Value;
The Protection of Creditors;
Normal Governance: The Voting System;
Normal Governance: The Duty of Care;
Conflict Transactions: The Duty of Loyalty;
Shareholder Lawsuits;
Fundamental Transactions: Mergers and Acquisitions;
Transactions in Control;
Public Contests for Corporate Control;
Trading in the Corporations Securities.
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