Corporations and Other Business Associations: Cases and Materials

Sophisticated, comprehensive, and teachable, CORPORATIONS AND OTHER BUSINESS ASSOCIATIONS: Cases and Materials, Fifth Edition, reflects major developments in the corporate law environment while remaining accessible to students.<p class=copymedium> The authors retain the features that earned the book widespread adoption: <li class=copymedium>a careful balance of theory, cases, and problems allows law and economic theory to enrich ¿ but not dominate -- the casebook <li class=copymedium>outstanding case selection and editing results in a thoughtful blend of classic and contemporary cases <li class=copymedium>excellent and ample problems at the end of each chapter explore the practical applications of theory in the business world and reinforce the cases and text <li class=copymedium>flexible organization adapts easily to different teaching approaches <li class=copymedium>readable, straightforward writing keeps the book sophisticated, but not intimidating <li class=copymedium>the strongest treatment of LLCs/LLPs and other business associations in any corporations casebook <li class=copymedium>comprehensive Teacher¿s Manual includes sample syllabi and a transition guide <li class=copymedium>coauthor Robert B. Thompson¿s website supplies additional materials, illustrations, and documents hyperlinked to cases</ul><p class=copymedium> The Fifth Edition focuses on two major developments in the law: <li class=copymedium>the proliferation of new business entities and the resulting changes in partnership and LLC law <li class=copymedium>the aftermath of Enron, WorldCom, and Sarbanes-Oxley, including detailed coverage of changes in the landscape of corporate governance, particularly federal regulation via securities law, stock exchange listing standards, and state law cases such as Disney</ul><p class=copymedium> Be sure to notice these other changes: <li class=copymedium>additional attention to agency law and setting the stage for contrasting private ordering via contract and law in defining business relationships <li class=copymedium>new, more teachable cases that are especially crisp in presenting basic issues <li class=copymedium>discussion of the menu of governance choices in a post-Enron world <li class=copymedium>broader focus to include the New York Stock Exchange listing standards regarding director duties and key recent Delaware cases like Disney <li class=copymedium>completely updated material on LLCs, including a new subchapter <li class=copymedium>coverage of appraisal versus fiduciary duty for friendly acquisitions, including a new focus on practitioner choices in choosing among tender offers and mergers in a cash-out setting <li class=copymedium>addresses the new importance of disclosure as the leading regulatory vehicle for corporate governance as reflected in new case law on causation under Rule 10b-5 <li class=copymedium>updated chapter on Insider Trading includes recent developments as to Regulation FD</ul>