Law 633: Business Associations I

This is a two-semester sequence course, but the student is not required to take the second semester in this series. Business Associations I is the foundational course in the corporate series. Topics include a general introduction; creation of agency and partnership; formation of the corporation, including limited liability and veil piercing; introduction to partnership governance and dissolution; close corporation governance and dissolution; introduction to LLCs and other business entities; governance of the publicly held corporation, including proxy regulation; authority of corporate managers and partners; and fiduciary duties of managers.

Sequence and Prerequisites: Business Associations I is the first course in the Corporate Law curriculum. It is a prerequisite for many of the other courses, including Business Associations II (Law 636). Second in the sequence is Business Associations II.