Preface |
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iii | |
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xxix | |
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1 | (22) |
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1 | (1) |
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2 | (11) |
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The Agent's Duty of Loyalty |
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13 | (4) |
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An Introduction to Financial Statements |
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17 | (6) |
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23 | (44) |
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23 | (8) |
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The Legal Nature of a Partnership |
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31 | (2) |
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The Ongoing Operation of Partnerships |
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33 | (5) |
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33 | (3) |
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Indemnification and Contribution |
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36 | (2) |
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Distributions, Remuneration, and Capital Contributions |
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38 | (1) |
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The Authority of a Partner |
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38 | (2) |
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Liability for Partnership Obligations |
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40 | (2) |
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Partnership Interests and Partnership Property |
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42 | (3) |
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The Partner's Duty of Loyalty |
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45 | (6) |
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Dissolution by Rightful Election |
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51 | (9) |
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Dissolution by Judicial Decree and wrongful Dissolution |
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60 | (7) |
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67 | (48) |
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The Characteristics of the Corporation |
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67 | (1) |
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Selecting a State of Incorporation |
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68 | (1) |
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69 | (7) |
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Preincorporation Transactions by Promoters |
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76 | (2) |
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Consequences of Defective Incorporation |
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78 | (7) |
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The Classical Ultra Vires Doctrine |
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85 | (6) |
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The Objective and Conduct of the Corporation |
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91 | (16) |
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The Shareholders' Interests, the Present-Value Rule, and Diversification |
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91 | (7) |
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Interests Other than Maximization of the Shareholders' Economic Wealth |
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98 | (9) |
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The Nature of Corporate Law |
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107 | (8) |
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115 | (74) |
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Shareholdership in Publicly Held Corporations |
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115 | (8) |
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The Allocation of Legal Power Between Management and Shareholders |
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123 | (23) |
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The Legal Structure of Management |
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146 | (3) |
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Formalities Required for Action by the Board |
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149 | (3) |
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Authority of Corporate Officers |
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152 | (5) |
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Formalities Required for Shareholder Action |
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157 | (2) |
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159 | (3) |
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162 | (24) |
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Equitable Subordination of Shareholder Claims |
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186 | (1) |
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The Corporate Entity and the Interpretation of Statutes and Contracts |
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187 | (2) |
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Shareholder Informational Rights and Proxy Voting |
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189 | (54) |
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Shareholder Informational Rights Under State Law |
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189 | (13) |
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Inspection of Books and Records |
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189 | (12) |
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Reporting Under State Law |
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201 | (1) |
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Shareholder Informational Rights Under Federal Law and Stock Exchange Rules |
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202 | (6) |
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An Overview of the Stock Markets |
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203 | (2) |
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An Overview of the SEC and the Securities Exchange Act |
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205 | (2) |
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Periodic Disclosure under The Securities Exchange Act |
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207 | (1) |
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Disclosure Under Stock Exchange Rules |
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208 | (1) |
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208 | (4) |
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Private Actions Under the Proxy Rules |
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212 | (13) |
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225 | (9) |
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234 | (9) |
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The Special Problems of Close Corporations |
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243 | (99) |
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243 | (13) |
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A Brief Look Back at Partnership |
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243 | (2) |
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An Introduction to the Close Corporation |
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245 | (11) |
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Special Voting Arrangements at the Shareholder Level |
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256 | (11) |
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256 | (8) |
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264 | (2) |
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Classified Stock and Weighted Voting |
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266 | (1) |
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Agreements Controlling Matters Within the Board's Discretion |
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267 | (13) |
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Supermajority Voting and Quorum Requirements at the Shareholder and Board Levels |
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280 | (4) |
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Fiduciary Obligations of Shareholders in Close Corporations |
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284 | (11) |
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295 | (12) |
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Restrictions on the Transferability of Shares, and Mandatory-Sale Provisions |
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307 | (12) |
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319 | (2) |
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Provisional Directors, and Custodians |
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321 | (1) |
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Dissolution for Oppression, and Mandatory Buy-Out |
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322 | (20) |
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Alternative Forms of Business Organization: Limited Partnerships, Limited Liability Companies, and Limited Liability Partnerships |
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342 | (31) |
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342 | (12) |
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The Uniform Limited Partnership Acts |
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342 | (1) |
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Formation of a Limited Partnership |
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343 | (1) |
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Liability of Limited Partners |
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343 | (9) |
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Corporate General Partners |
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352 | (2) |
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Limited Liability Companies |
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354 | (17) |
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Limited Liability Partnerships |
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371 | (2) |
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The Duty of Care and the Duty to Act Lawfully |
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373 | (61) |
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373 | (57) |
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The Basic Standard of Care |
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373 | (13) |
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The Business Judgment Rule |
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386 | (28) |
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The Duty to Ensure that the Corporation has Effective Internal Controls |
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414 | (12) |
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Limits on Liability; Directors' and Officers' Liability Insurance |
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426 | (4) |
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430 | (4) |
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434 | (110) |
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Self-Interested Transactions |
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434 | (21) |
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455 | (9) |
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Compensation, the Waste Doctrine, and the Effect of Shareholder Ratification |
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464 | (17) |
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The Corporate Opportunity Doctrine |
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481 | (14) |
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Duties of Controlling Shareholders |
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495 | (28) |
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523 | (21) |
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544 | (107) |
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The Common Law Background |
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544 | (5) |
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Securities Exchange Act § 10(b) and Rule 10b-5 |
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549 | (71) |
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Liability for Short-Swing Trading Under § 16(b) of the Securities Exchange Act |
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620 | (15) |
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635 | (16) |
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651 | (97) |
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651 | (3) |
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The Nature of the Derivative Action |
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654 | (9) |
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Individual Recovery in Derivative Actions |
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663 | (3) |
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The Contemporaneous-Ownership Rule |
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666 | (10) |
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The Right to Trial by Jury in Derivative Actions |
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676 | (1) |
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Demand on the Board and Termination of Derivative Actions on the Recommendation of the Board or a Committee |
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677 | (28) |
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Demand on the Shareholders |
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705 | (2) |
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707 | (22) |
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729 | (3) |
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Indemnification and Insurance |
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732 | (12) |
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732 | (12) |
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744 | (1) |
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Settlement of Derivative Actions |
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744 | (4) |
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Structural Changes: Corporate Combinations and Tender Offers |
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748 | (130) |
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748 | (50) |
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Sale of Substantially All Assets |
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748 | (4) |
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752 | (2) |
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754 | (3) |
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Tax and Accounting Aspects of Corporate Combinations |
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757 | (3) |
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The Stock Modes and the De Facto Merger Theory |
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760 | (11) |
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Triangular Mergers and Share Exchanges |
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771 | (6) |
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Exclusivity of the Appraisal Remedy |
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777 | (2) |
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779 | (18) |
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797 | (1) |
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798 | (80) |
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Distributions to Shareholders |
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878 | (23) |
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878 | (5) |
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The Elements of Dividend Policy |
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878 | (4) |
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Judicial Review of Dividend Policy |
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882 | (1) |
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Limitations on Dividends Under Creditors' Rights Law |
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883 | (2) |
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Limitations on Dividends Under Traditional Corporate Statutes |
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885 | (12) |
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885 | (2) |
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Capital-Impairment Statutes |
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887 | (9) |
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896 | (1) |
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Contractual Restrictions on the Payment of Dividends |
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897 | (1) |
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The Modern Dividend Statutes |
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897 | (4) |
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The Public Distribution of Securities |
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901 | (60) |
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901 | (7) |
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An Overview of the Securities Markets |
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901 | (1) |
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An Overview of the Securities Act |
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901 | (4) |
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An Overview of the Underwriting Process |
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905 | (3) |
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What Constitutes a ``Security'' |
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908 | (9) |
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What Constitutes a ``Sale'' and an ``Offer to Sell'' |
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917 | (1) |
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The Requirement of Registration |
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918 | (22) |
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The Broad Sweep of Section 5 |
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918 | (1) |
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919 | (5) |
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924 | (5) |
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929 | (3) |
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932 | (1) |
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Transactions not Involving an Issuer, Underwriter, or Dealer |
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933 | (7) |
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Mechanics of Registration |
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940 | (7) |
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Duties and Prohibitions When a Security is in Registration |
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947 | (9) |
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947 | (2) |
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949 | (4) |
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953 | (2) |
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The Post-Effective Period |
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955 | (1) |
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Liabilities Under the Securities Act |
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956 | (3) |
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959 | (2) |
Index |
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961 | |