Restricted to International LLM students
This course will explore the legal implications of corporate financing decisions. The course has two main components:
(1) a brief introduction to basic financial economic concepts;
(2) legal rights, duties and relationships between the holders of senior securities (primarily debt and preferred shares), holders of common shares, and corporate directors and managers. Unlike a business school course on corporate finance, this course focuses on the legal dimensions of corporate financial decisions. An effort will be made, however, to understand the economic and financial rationale underlying corporate law principles in this area. No prior familiarity with finance will be assumed.
<<Course Updated: March 18, 2011>>