This course is not a traditional business law survey class. This course is an application oriented class that provides the business professional with an understanding of certain critical legal concepts that are an integral part of the decision-making process for a business enterprise to operate effectively in the United States. The purpose of this course is to provide the student with a framework that will enable the student to identify legal issues that arise in a variety circumstances during the “life cycle” of the business enterprise beginning with the formation of the business enterprise through the dissolution of the business enterprise through sale or bankruptcy. This course will focus primarily on the legal regime in the United States, although the laws of other jurisdictions will be noted where appropriate. The course is highly interactive – legal principles will be imparted as students seek to identify legal issues arising in actual business situations. Daily student class participation is a significant element of the course and will account for 30% of the student grade.
Students who are general managers, entrepreneurs or financial advisors to companies may wish to consider this course, inasmuch as at the conclusion of this course, the student will be better able to effectively communicate business objectives against the backdrop of basic legal principles that govern the operation and strategic choices facing the business enterprise. The student will thereby gain an appreciation for each of the:
1. Execution risk associated with a particular business strategy
2. Lasting impact legal choices made today may have on the future of the business enterprise
Senior Lecturer in Discipline in Business
Professor Donna M. Hitscherich currently serves as a senior lecturer of Finance, director of the Private Equity Program, and a Bernstein Faculty Leader at the Sanford C. Bernstein & Co. Center for Leadership and Ethics at Columbia Business School. Professor Hitscherich’s courses include Corporate Finance as well as the elective courses Business Law, Mergers and Acquisitions, and Advanced Corporate Finance. In 2002, she...