Business Organizations: Statutes, Problems, and Cases

by Michael K. Molitor

Business Organizations: Statutes, Problems, and Cases (Second Edition) comprehensively covers all important aspects of business organizations law, including agency law; partnerships and limited liability partnerships; limited partnerships; limited liability companies; corporate law basics; the duties of care and loyalty; derivative lawsuits; closely held corporations; controlling shareholders; mergers and acquisitions; the Securities Act of 1933; and insider trading. Each chapter features detailed learning objectives, as well as dozens of problems for in-class discussion that require law students to delve into and apply statutes and case law. The second edition of the textbook has completely up-to-date coverage, including recent changes to the Revised Uniform Partnership Act and the Uniform Limited Liability Company Act; important new Delaware cases concerning controlling shareholders, takeover defenses, and other matters; changes in the Securities Act of 1933 and new SEC rules on crowdfunding and other exempt offerings; and recent developments in the law of insider trading. The electronic supplement to the textbook contains an additional chapter with up-to-date coverage of publicly traded corporations and advanced corporate governance issues. The supplement also contains 350 multiple-choice questions with detailed explanations that students can use to assess their mastery of the subject matter. In sum, Business Organizations will give all students a solid grounding in the knowledge and skills that all business attorneys should have. Michael K. Molitor is a Professor at Western Michigan University Thomas M. Cooley Law School in Grand Rapids, Michigan, where he has taught since 2004. Before joining WMU-Cooley, Professor Molitor practiced corporate and securities law for nearly ten years at a large law firm based in Grand Rapids. He graduated cum laude from Wayne State University Law School in 1994. Professor Molitor teaches courses in Business Organizations, Securities Regulation, Secured Transactions, and Wills, Estates, and Trusts.

802 pages, Paperback

First published November 28, 2011

About the author

Michael K. Molitor is currently a professor at Thomas M. Cooley Law School.

Professor Molitor was an attorney with the Grand Rapids, Mich., law firm of Warner Norcross & Judd L.L.P. from 1994 to 2004. While in private practice, he focused on business and securities law, counseling a variety of clients including publicly traded corporations, closely held corporations, and controlling shareholders.

He has also served as a legal intern in the Washtenaw County Prosecutor's Office and as a student attorney in The Free Legal Aid Clinic., Inc., of Detroit.

In law school, he was a member of the Order of the Coif; served as Assistant Editor, then Editor-in-Chief, of The Wayne Law Review ; won American Jurisprudence Awards in Constitutional Law II, Conflicts of Law, and Civil Procedure; and was the recipient of the Bronze Key Award.

He has been published in The Wayne Law Review, Michigan Contract Law, and The Michigan Business Law Journal.

At Cooley, he teaches Securities Regulation, Business Organizations and Wills, Estates and Trusts.

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