Commentaries and Cases on the Law of Business Organization

This reference will help students and non-specialist lawyers understand the basic principles of law that affect the way business is conducted in the US. Although the book's approach is informed by basic principles of economics, readers do not need formal training or understanding of economics. Allen (law and business, New York University) first deals with fundamentals of organizational law in a business setting, covering agency law, partnership and corporate forms and their variants, and basic concepts of valuation. The rest of the book addresses the legal regulation of a variety of actions, decisions, and transactions that involve the modern public corporation. These chapters cover the voting system, the duty of care, and particular classes of corporate actions and related shareholder transactions that are subject to more specialized regulation by corporate law. Cross-references and extensive text notes are included. This second edition covers developments in corporate law since 2003, and provides citations to the literature on corporate law issues. New sidebars offer real-life illustrations of topics. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)