Renowned for its richness, depth, and authorship, Cases and Materials on Corporations offers broad coverage of both public and closely held corporations. A powerful introductory chapter sets out the defining characteristics of a corporation. A thematic framework frames corporate law in terms of the corporation’s responsibilities to its employees, its investors, and society. New to the Ninth Edition: The introductory Chapter recognizes that issues of race and systemic discrimination have dominated recent headlines and political discourse. This has re-focused attention on the long-standing debate between proponents of the dominant shareholders primacy model of corporate governance and proponents of a more stakeholder-oriented model. Without taking sides on this issue, this Chapter notes that this debate has continued throughout American legal history, and it focuses on recent efforts by some states and Nasdaq to require greater diversity (both in terms of race and gender) on corporate boards. Current data is provided. In addition, this Chapter adds a new section to introduce the “public benefit corporation,” a new corporate form that is a hybrid of a profit-making corporation and a not-for-profit entity now recognized by a majority of the states. New material on the emerging line of good faith cases in the context of director oversight where a corporation is subject to “mission critical” regulation. This new line of cases opens up potential avenues to assign monetary liability to directors for failure to manage corporate risks. New Supreme Court decisions (including Lorenzo and Omnicare) are assessed, and the continuing struggle to define insider trading is reviewed. The chapter on shareholder voting and proxy gives special attention to recent efforts by activist hedge funds to influence and constrain corporate management. The revised chapter on takeovers takes up the legal rules governing friendly and unfriendly acquisitions. The chapter tracks the unique experience of Delaware law over this period: an ongoing and openly—but respectful–disagreement between the Delaware Chancery Court and the Delaware Supreme Court about the allocation of authority between the board of directors and shareholders. The chapter also examines the new texture of the takeover market where activists play a central role. Professors and students will benefit from: Richness and depth: A range of thoroughly developed topics allows instructors to delve into topics with as much depth as they wish. The text is strong in material on both public and closely held corporations. Traditional casebook pedagogy: Text notes, statutory material, excerpted commentary, problems, questions, and edited cases. Strong introductory chapter: Sets out the defining characteristics of a corporation: limited liability, perpetual existence, free transferability, and centralized management. Thematic framework: Examines corporate law in the context of the corporation’s responsibilities to its own constituents and investors, as well as to society.
This text obviates the need for law professors interested in skills training to rely on supplemental texts or creating their own materials Companion website that includes supplemental introductory cases (with notes and questions) to enable ...
Widely respected new co-author Ronald Gilson joins Professors Jesse Choper and John Coffee in this completely updated and reorganized revision of one of the most comprehensive and analytically rich casebooks...
This title covers the law of business associations for introductory courses. It discusses all forms of business organizations, including agency, general partnerships, closely held corporations, publicly held corporations, limited partnerships,...
Important features of Business Associations, Fourth Edition, include: * Complete & developed materials on agency & partnership reflecting the authors' view that a good background in agency & partnership principles...
Customers who enter the doors of the local H&R Block office therefore may reasonably believe that H&R Block is acting on their behalf—to obtain the highest and fastest return possible—in the preparation and filing of the tax returns ...
Corporation Statutes: Model Business Corporation Act Delaware General Corporation Law ALI, Principles of Corporate Governance California Corporations Code (Selected Sections) New York Business Corporation Law (Selected Sections) ...
This title is a part of our CasebookPlus™ offering as ISBN 9781634601603. Learn more at CasebookPlus.com. In addition to the law of corporations, this edition includes unincorporated forms of...
Statutory Supplement to Cases and Materials on Corporations Including Partnerships and Limited Liability Companies
It aims to foster critical thinking about corporate governance and about the role that law has played in legitimating large publicly held corporations and their managements.
Donahue v. Rodd Electrotype Co. Massachusetts Supreme Judicial Court, 1975 367 Mass. 578, 328 N.E.2d 505 TAURO, CHIEF JUSTICE. The plaintiff, Euphemia Donahue, a minority stockholder in the Rodd Electrotype Company of New England, ...