The objectives of this unit are to understand the history, structure, and operation of US corporate law; to examine the relevant common law and statutory provisions; and to explore the tension between state and federal law. Specific issues discussed in the unit include the US approach to veil-piercing; the governance role of shareholders under US law; directors' duties, including the duty of care and the duty of loyalty; the operation of the business judgment rule; derivative litigation; the law relating to closely held corporations; judicial review of takeover defences; directors’ duties in public and private equity transactions.
Unit details and rules
Academic unit | Law |
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Credit points | 6 |
Prerequisites
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None |
Corequisites
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None |
Prohibitions
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None |
Assumed knowledge
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None |
Available to study abroad and exchange students | No |
Teaching staff
Coordinator | Jason Harris, jason.harris@sydney.edu.au |
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