George S. Geis – Law School for Everyone: Corporate Law

Corporate law’s primary objective is to assist actors in maximizing the benefits of centralized business activity, while minimizing conflicts and potential problems.

George S. Geis – Law School for Everyone: Corporate Law

Corporations are inextricably connected to our daily lives. They create amazing products. They supply us with basic food and other necessities. They provide us with basic food and income. Sometimes, however, they may have a darker side.

Corporate law’s primary purpose is to allow actors to enjoy the benefits of centralized business activity and minimize the risks and problems associated with irresponsible corporate leadership. This makes American corporate law a profound influence not just on the nation’s large and small corporations—but on ourselves.

Award-winning law professor George S. Geis University of Virginia School This is Law Explores the main dimensions of corporate law in 12 lectures Law School for Everyone: Corporate Law. Professor teaches a traditional course in corporate law at a law school. Geis Guides you through the basics of corporate law, their history, and the potential problems facing corporations (including insider trading, bribery, and others). Using both iconic court cases and case studies involving today’s top corporations, this course is a fascinating look at how corporate law works, where it works well, and where it may still fall short of its goals.

Unlike contract law or property law, which evolve over decades, corporate law is a field of law that’s constantly changing in response to current events piling up in today’s headlines. Many of the corporate scandals you read about in the news lead to new legal arguments regarding the limits of corporate activities and the optimal balance between corporate power. It’s a constant surge of reaction and adaptation that makes corporate law one of the most exciting parts of a typical law school experience. Consider:

• Who can make and implement corporate decisions?
• Does it be stockholders that have final say or a board?
• What happens during a corporate merger—or hostile takeover?
• What legal rules exist to ensure that corporations act ethically?

These and other questions are at heart of corporate law. These questions are often asked because of the wealth and power they represent.-The world we live in can be shaped by enormous entities. It is important for Each consumer must understand the impact of the laws that govern them.

Discover the Fundamental Concepts Corporate Law

The term “The Term” is often used in everyday conversation. “corporate law,” you’re likely to think of a boardroom of people in suits with binders and dry documents. Professor Geis Consider corporate law to be more Wild West-like.

Download it immediately George S. Geis – Law School for Everyone: Corporate Law

“Life in the corporate world is a fight for money, power, and survival,” He said. “And getting everyone to play by the rules is no easy task.”

In Law School for Everyone: Corporate LawProfessor Geis It provides a map of the legal landscape and outlines some of its innovations. It’s the perfect introduction to what he describes as “society’s means of facilitating the good that corporations do, so that different players can focus their energy and resources on productive efforts.”

These lectures are easy to understand and present the inside workings of corporate law. They cover everything from the basic structure of a corporation to the most complex aspects.-The drama surrounding corporate control is high stakes Here are some things you should be looking at

• Types of corporations: What type of organization should entrepreneurs choose when they get together? Many larger firms want to trade their stock on the public market, and it’s usually much easier to trade the securities of a corporation. With a limited liability company (LLC), however, entrepreneurs get the best of both worlds—limited liability and single-level taxation.
• Corporate Duties: Directors of corporate boards must fulfill fiduciary duties to gain protection against bad business decisions. Among these obligations in corporate law are the duty of care (which requires corporate leaders to make careful, thoughtful decisions) and the duty of loyalty (which says agents can’t undermine the interests of their principals).
• Fights for Corporate Control: All sizes of firms are subject to control battles. They can become particularly contentious for smaller firms, where shareholders may have close relationships. Proxy fights can be very contentious. for For example, shareholders who support the vision of a new board of directors can vote for That new slate of directors will assume control of the board to run the company.
• Fusion of two corporations: What makes two companies choose to create a new corporation? There are many strategic reasons for this, but the most important is business synergies. Think of 1 + 1 =3. Both firms want to gain more from the combination than they could on their own. Sometimes, the merger synergies are divided between revenue synergies or cost synergies.

Landmark Court Cases: Learn More

All throughout Law School for Everyone: Corporate Law, you’ll plunge into fascinating, landmark court cases that have shaped the way corporate lawyers think about their field, such as:

• Dodge v. Ford Motor Company (1919): This court case is still being studied as it raises fundamental questions about how corporations should behave.
• SEC v. Texas Gulf Sulphur (1968): This landmark (and broad) decision regarding insider trading helped establish, through noble rhetoric and, a level playing surface for investors;
• Smith v. Van Gorkom (1985): The Delaware Supreme Court’s decision made duty of care, which was once something that no one really worried about, into the most hot topic in corporate law.
• Basic v. Levinson (1988): This U.S. Supreme Court ruling embraced fraud theory on the market and paved way for Class-Action lawsuits in 10b-5 fraud claims.

In these and other instances, Professor Geis Transforms “legalese” They are broken down into easy-to-understand stories that, when woven together, form a grand narrative of how corporate law has evolved from its origins to today’s challenges.

“How corporate law reacts and adapts has a powerful impact on our society,” Professor Geis says. And Law School for Everyone: Corporate Law encourages you to not only understand how corporate law works, but to also play your own role in shaping it—as a voter, as a shareholder, as a corporate leader, or perhaps even as a lawyer.