LAW 926: Corporate Separateness in a Global Environment Seminar
The American legal system authorizes private actors to create separate legal entities with only ministerial approval of the state in filing incorporation papers. These separate entities can then be used to allocate risks and liabilities in contract settings or to avoid tort liability or to gain some governmental benefit. Subsequent litigation to pierce the corporate veil to police externalization that may occur is the most litigated issue in American corporate law. Other legal systems do not accord private ordering the same deference. This seminar will focus on selected topics arising from American law and explore differences with alternative legal regimes. [3]
