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About the Book

Commentaries and Cases on the Law of Business Organization

Front Cover - Commentaries and Cases on the Law of Business Organization

Third Edition

William T. Allen
New York University
Reinier H. Kraakman
Harvard Law School
Guhan Subramanian
Harvard Law School and Harvard Business School

2009. 768 pages. ISBN: 978-0-7355-8600-0.
With Teacher's Manual, PowerPoint slides, and 2009-2010 Statutory Supplement.


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About the Book

Updated throughout, the Third Edition of Commentaries and Cases on the Law of Business Organization continues to provide a refreshingly accessible economic analysis perspective. The distinguished team of authors introduces and explains economic concepts in a way that makes this sophisticated book clear and engaging for students.

This highly accessible casebook features:

  • Extraordinary authorship—Allen, former Chancellor of the Delaware Court of Chancery, adds a unique real-world perspective to the book
  • Logical and flexible organization:
    • Chapters 1-5 cover the fundamentals of organizational law in a business setting
    • Chapters 6-14 address the legal regulation of a variety of actions, decisions, and transactions that involve or concern the modern public corporation
    • Chapters can be taught out of order to accommodate alternative teaching approaches
  • Introductions and transitional text, clearly and concisely written, that provide context and perspective
  • Rich commentary in the form of explanatory notes that facilitate teaching and understanding
  • Intelligent case editing and selection, including both classic and important recent cases
  • An economic analysis perspective presented accessibly through clear and consistent explanatory text, including:
    • A useful analytic tool for evaluating business models
    • A coherent theme for the course
  • Examples, hypotheticals, and diagrams that illustrate conceptual and theoretical models
  • Flexibility for use in Business Organization courses with the focus on corporate law
  • A complete teaching package, including:
    • A Teacher's Manual with detailed guidance for structuring the course, case analyses, and answers to questions raised in the book
    • Additional PowerPoint slides that provide case summaries and raise cutting-edge and fun points

Thoroughly updated, the Third Edition:

  • Includes excerpts from important recent cases such as CA, Inc. v. AFSCME, In re Citigroup, Ryan v. Lyondell, and Stone v. Ritter
  • Provides commentary on other recent developments, such as "Say on Pay" legislation pending in the U.S. Congress, the executive compensation restrictions in the Emergency Economic Stabilization Act of 2008 and the American Recovery and Reinvestment Act of 2009, and takeover defense practices
  • Provides additional contextual background for certain cases to help students better understand the court's reasoning, including new Sidebars: "The Fall of the House of Pritchard," "The Dodge Brothers and Henry Ford," and "Richard Wagoner at General Motors"
  • Continues to provide additional questions, connections to the empirical literature, and cross-country comparisons

Preface / Sample Chapters