Business Organizations

Business Organizations: Statutes, Problems, and Cases (Second Edition) comprehensively covers all important aspects of business organizations law, including agency law; partnerships and limited liability partnerships; limited partnerships; limited liability companies; corporate law basics; the duties of care and loyalty; derivative lawsuits; closely held corporations; controlling shareholders; mergers and acquisitions; the Securities Act of 1933; and insider trading. Each chapter features detailed learning objectives, as well as dozens of problems for in-class discussion that require law students to delve into and apply statutes and case law. The second edition of the textbook has completely up-to-date coverage, including recent changes to the Revised Uniform Partnership Act and the Uniform Limited Liability Company Act; important new Delaware cases concerning controlling shareholders, takeover defenses, and other matters; changes in the Securities Act of 1933 and new SEC rules on crowdfunding and other exempt offerings; and recent developments in the law of insider trading. The electronic supplement to the textbook contains an additional chapter with up-to-date coverage of publicly traded corporations and advanced corporate governance issues. The supplement also contains 350 multiple-choice questions with detailed explanations that students can use to assess their mastery of the subject matter. In sum, Business Organizations will give all students a solid grounding in the knowledge and skills that all business attorneys should have. Michael K. Molitor is a Professor at Western Michigan University Thomas M. Cooley Law School in Grand Rapids, Michigan, where he has taught since 2004. Before joining WMU-Cooley, Professor Molitor practiced corporate and securities law for nearly ten years at a large law firm based in Grand Rapids. He graduated cum laude from Wayne State University Law School in 1994. Professor Molitor teaches courses in Business Organizations, Securities Regulation, Secured Transactions, and Wills, Estates, and Trusts.