BUAD 581 - BRS – Global Business Immersion

1.5

In the second phase of the course we will study partnerships, corporations, and limited liability companies. We will cover topics such as the formation of a partnership, partnership property, a partner’s liability; officer’s and director’s liability, promoter’s liability, shareholder rights; and mergers and acquisitions. The final segment of the course will be devoted to the study of business and consumer bankruptcy. Some of the topics will include chapters 7, 11, and 13 of the United States Bankruptcy Code, the automatic stay, the trustee’s avoiding powers, fraudulent transfers, voidable preferences, claims of secured and unsecured creditors, nondischargeable debts, adequate protection, financing the debtor in possession, executory contracts and unexpired leases, plan confirmation, and cramdown. During the 2009 calendar year, 1,473,675 bankruptcy cases were filed, and these cases affected millions of creditors.