LAWS 603 - Family Business Law

Credits: 2

This course examines the distinctive characteristics of family businesses, with a particular focus on their governance needs. To be effective, a legal advisor must appreciate the overlap of family law and business law principles, and we will explore important areas of intersection, including (1) how business succession relates to estate planning, and (2) the potentially adverse business implications of marital divorce. We will also discuss ethical issues involving multiple representation that often arise in the context of family businesses. Finally, the course will take up conceptual and normative questions regarding the definition of family business and the extent to which family values influence business priorities.

Prerequisites: Business Associations

Basis of Grade: Grades will be based on class participation and a final project, which students will work on in small teams.

Form of Grade: Letter

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