MVV155K The Law of US Corporations

Právnická fakulta
podzim 2015
Rozsah
0/1. 5 kr. Ukončení: k.
Vyučující
Raymond P. Carpenter (cvičící), prof. JUDr. Ing. Michal Radvan, Ph.D. (zástupce)
Garance
prof. JUDr. Ing. Michal Radvan, Ph.D.
Katedra finančního práva a národního hospodářství – Právnická fakulta
Kontaktní osoba: Mgr. Věra Redrupová, B.A.
Dodavatelské pracoviště: Katedra finančního práva a národního hospodářství – Právnická fakulta
Rozvrh seminárních/paralelních skupin
MVV155K/01: Po 12. 10. 18:15–19:45 038, Út 13. 10. 18:15–19:45 038, St 14. 10. 18:15–19:45 038, Čt 15. 10. 18:15–19:45 038, Po 19. 10. 16:40–18:10 038, 18:15–19:45 038, Út 20. 10. 16:40–18:10 038, 18:15–19:45 038
Omezení zápisu do předmětu
Předmět je určen pouze studentům mateřských oborů.

Předmět si smí zapsat nejvýše 30 stud.
Momentální stav registrace a zápisu: zapsáno: 0/30, pouze zareg.: 0/30
Mateřské obory/plány
Cíle předmětu
At the end of the course students should be able to
- discuss various legal formulations, their advantages and disadvantages;
- articulate which formulations would be most advantageous to the entrepreneur in a number of hypothetical business transactions;
- discuss corporate formation, the legal requirements thereof;
- elect the jurisdiction which is most advantageous for your business formulation;
- identify significant areas where American corporate law diverges for the laws of the Czech Republic;
- formulate an opinion as to why such distinctions exist;
- evaluate the most advantageous legal entity for a hypothetical client’s business transaction.
Osnova
  • CLASS ONE :
  • A. CLASSIFICATION OF BUSINESS FORMS
  • 1. THE SOLE PROPRIETORSHIP – The single owner of a service oriented business with no employees.
  • 2. THE PARTNERSHIP - Introduction to the more formal type of business arrangement when multiple owners are contemplated and a written agreement on the sharing of profits and losses is advisable. Discuss pros and cons and contrast with the corporate form.
  • 3. THE INCORPORATED LEGAL ENTITY - Corporations, Limited Liability Corporations, Business Trusts, Special Purpose entities
  • B. BUSINESS, LEGAL AND LIABILITY CONSEQUENCES OF DECISION ON CHOICE OF ENTITY
  • CLASS TWO:
  • THE LIMITED LIABILITY CORPORATION (LLC) A HYBRID
  • A. HISTORY AND NEED FOR HYBRID ENTITY
  • B. PARTNERSHIP CHARACTERISTICS
  • C. CORPORATE CHARACTERISTICS
  • D. TAX CONSIDERATIONS
  • CLASS THREE:
  • TAX CONSIDERATIONS IN THE CHOICE OF BUSINESS ENTITY
  • A. AVOIDING DOUBLE TAXATION
  • B. LIMITATION OF EMPLOYMENT TAXES
  • C. FEDERAL AND STATE TAX CONSIDERATIONS
  • CLASS FOUR:
  • SECURITIES AND EXCHANGE COMMISSION (SEC) – FEDERAL REGULATION OF CORPORATE ACTIVITIES
  • A. SEC enforcement actions – see case review.
  • B. Sarbanes – Oxley Legislation- Need for greater corporate board accountability and oversight - violations and enforcement actions
  • C. Holding Management accountable for corporate activities - Shareholder rights -Shareholder derivative law suits
  • CLASS FIVE:
  • MANAGEMENT AND CONROL OF CORPORATIONS – CONFLICTS OF INTEREST
  • A. The Duty of Care
  • B. Duty of Loyalty –Sinclair Oil v. Levien
  • C. Business Judgment Rule – Gall v. Van Gorkom
  • CLASS SIX:
  • MERGERS, ACQUISITIONS AND HOSTILE TRANSACTIONS
  • A. Unocal Decision
  • B. Smith v. Van Gorkom
  • C. Gall v. Exxon Corp; Essex Universal v. Harris
  • CLASS SEVEN:
  • MERGERS, ACQUISITIONS AND HOSTILE TRANSACTIONS
  • A. Hollinger v. Hollinger International, Inc
  • B. Irving Bank Corp. v. Bank of New York, Inc.
  • C. Ash v. McCall
  • CLASS EIGHT
  • CORPORATE PERSONHOOD- CORPORATION’S RIGHTS UNDER THE US CONSTITUTION INCLUDING EQUAL PROTECTION, SEARCH AND SEIZURE AND FREEDOM OF SPEECH. – Analysis of U. S. Supreme Court opinion in Citizens United litigation and the precedents overruled in the process.
Literatura
  • Copies of all cases for discussion will be distributed at the class session prior to the date of discussion.
Výukové metody
lectures, discussions
Metody hodnocení
final paper
Vyučovací jazyk
Angličtina
Informace učitele
This course provides a basic understanding of American law as it relates to the creation of various legal entities formed for the conduct of business transactions, both domestic and international. The course will cover the legal requirements of the states of Georgia, New York and Delaware for the formation of such entities, the ownership structure and the manner in which ownership governs the affairs of such entities. We will briefly contrast these entities with other forms of business entities to illustrate the advantages and disadvantages of the most popular legal formulations and discuss the development of the law as it relates to personhood, liability and flexibility of the corporate formulation.
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Studijní materiály
Předmět je vyučován jednorázově.
Předmět je zařazen také v obdobích podzim 2014.
  • Statistika zápisu (nejnovější)
  • Permalink: https://is.muni.cz/predmet/law/podzim2015/MVV155K