1 들어가기 Agency & Partnership 12
2 기본 개념 Agency & Partnership 13
2.1 ISSUE 1: Agency Vs. Torts 13
2.2 ISSUE 2: Apparent Authority 13
2.3 ISSUE 3 : Partnerships 14
3 Principal-Agent Relationship 14
4 Agents’ Types in Contracts and Other Transactions 17
4.1 Agent for Disclosed Principal 17
4.2 Agent for Unidentified Principal 17
4.3 Agent for Undisclosed Principal 18
5 Authority 18
5.1 Express Actual Authority 18
5.2 Implied Actual Authority 20
5.3 Apparent Authority 21
5.1 Special Issue 1: Contract Termination between Principal and Agent 26
5.2 Special Issue 2: After a Termination of Agency Contract 27
5.3 Special Issue 2: Agent’s Liability after Apparent/Actual Authority 28
5.4 Ratification 29
6 Agent’s Duty 31
6.1 Duty of Loyalty 31
6.2 Duty of Care, Competence, and Diligence 32
6.3 그 밖에 Duties 32
7 Partnership 33
7.1 General Partnership 33
7.1.1 General Partnership의 구성 요건 및 특징 34
7.1.2 General Partners’ Rights and Liabilities 36
7.2 Limited Liability Partnership/Limited Partnership 41
7.3 Registered Limited Liability Partnership 45
7.4 Limited Liability Company 45
7.4.1 LLC설립 및 특징 45
8 Fiduciary Duty 50
8.1 Duty of Loyalty 50
8.2 Duty of Care, Competence, and Diligence 51
8.3 Special Issue 1: Business Judgment Rule 52
8.4 Special Issue 2: General Partner’s Duty for Limited Party in LP 52
9 Partners의 주요 Rights 53
9.1 Action for Accounting 53
9.2 Transfer Partnership 54
9.3 Patent Creation 54
10 Dissociation/Dissolution 55
10.1 Dissociation/Dissolution의 개념 55
10.2 Partnership at Will 56
10.3 Partnership for Term or Undertaking 57
10.4 Priorities of Credit 59
10.5 Partners Liability at the Dissolution 59
10.6 Special Issue 1: Partnership’s Termination 60
10.7 Special Issue 2: Safe Harbor Rule 61
10.8 Special Issue 3: Partnership Salary 62
1 들어가기 Corporation Law 63
2 기본 개념 Corporation Law 64
2.1 ISSUE 1: Corporation Formation 64
2.2 ISSUE 2: Piercing the Corporate Veil 65
2.3 ISSUE 3: Board of Director 65
3 Formation of Corporation 65
3.1 Pre-Incorporation에서 발생하는 이슈들 68
3.1.1 Promoter (발기인)의 행동 및 책임 68
3.1.2 Promoter에 대한 Corporation의 책임(After Incorporation) 70
3.1 Ultra Vires Actions 70
3.2 Charter Amendment and Bylaws 71
4 Piercing the Corporate Veil 72
4.1 Piercing the Corporate Veil 적용 72
4.2 Passive Shareholders Vs. Active Shareholders 74
5 Fiduciary Duties 75
5.1 Duty of Oversight 75
5.2 Duty of Care 76
5.3 Duty of Loyalty 76
5.4 Special Issue 1: Controlling Shareholder’s Fiduciary Duties 78
5.5 Special Issue 2: Business Judgment Rule 79
5.6 Special Issue 3: Exculpatory Clause 79
5.7 Special Issue 4: Safe Harbor in Liability 80
6 Stocks, Vote and Shareholders 80
6.1 Corporation 기본 설명 80
6.2 Stock의 종류 81
6.3 Issuance of Stocks 82
6.4 Shareholder’s Rights 84
6.5 Shareholder Meeting 운영 방법 86
6.5.1 Shareholder Meeting 종류 및 시작 87
6.5.2 Shareholder Meeting의 요건 및 진행 88
6.5.3 Proxy Problem 91
6.6 Special Issue 1: Collateral as Stocks 92
6.7 Special Issue 2: Major Shareholders Vs. Minor Shareholders 93
6.8 Special Issue 3: Dividend Determination 93
7 Board of Directors 94
7.1 Rights of Board of Directors 94
7.2 Board of directors 선출 절차 95
7.3 Special Issue 1: Shareholders가 Board of directors를 통제하는 방법 97
8 Suits against Corporation 98
8.1 Derivative Lawsuit과 Direct Lawsuit의 차이 98
8.2 Direct Lawsuit진행 방법 99
8.3 Derivative Lawsuit진행 방법 - Demand 보내기 99
8.4 Derivative Lawsuit진행 방법 - Demand "안" 보내기 100
9 Merge and Acquisition 101
9.1 Merger Procedure 102
9.2 Acquisition 104
9.3 Merger and acquisition 불만족 발생시: Appraisal right 105
9.4 Merger and acquisition 불만족 발생시: Minority Shareholders’ Dissolution Action 106
10 Dissolution 107
1 들어가기 Secured Transactions 109
2 기본 개념 Secured Transactions 110
2.1 ISSUE 1: Priority 110
2.2 ISSUE 2: Purchased Money Security Interest (PMSI) 110
2.3 ISSUE 3: Foreclosure 111
3 Security Agreement/Security Interest 111
3.1 Security Agreement 대상 (Collaterals) 111
3.2 Attachment of Security Interest 요건 112
3.3 Attachment of Security Interest 효력 114
3.4 Special Issue 1: Security Agreement 내용 이슈 115
3.5 Special Issue 2: Nemo Dat Rule (=Bona Fide Purchaser) 116
4 Perfection 117
4.1 Perfection 방법 118
4.1.1 Financial Statement Filing 방법 118
4.2 Perfection의 효과 122
4.3 Perfection과 Security Agreement 관계 122
5 Priority 123
5.1 Priority의 원칙 123
5.2 원칙 Breaker 1: Purchase Money Security Interest(PMSI) 124
5.2.1 PMSI개념 125
5.2.2 PMSI 1: Consumer Goods 125
5.2.3 PMSI 2: Equipment 127
5.2.4 PMSI 3: Inventory 128
5.3 원칙 Breaker 2: Buyer in the Ordinary Course of Business 130
5.4 원칙 Breaker 3: Customer to Customer Sales 130
5.5 원칙 Breaker 4: 채권자가 선순위 포기하는 경우 131
5.6 원칙 Breaker 5: Certificate of Title Statute 131
5.7 Special Issue 1: Fixture 문제 132
5.8 Special Issue 2: Secured Party Vs. Debt Party 133
6 Foreclosure 135
6.1 Foreclosure의 방법 135
6.1.1 Taking Possession of Collateral 136
6.2 Public and Private Sale 137
7 Redemption 139
7.1 Equitable Redemption Vs. Statutory Redemption 139
7.2 Absolute Bar Rule Vs. Rebuttable Presumption Rule 141
7.3 Special Issue 1: Acceleration Clause 141
7.4 Special Issue 2: 잘못된 Foreclose에 대한 손해 배상 청구 142