Marcel Kahan

Courses

• Corporate Bonds and Credit Agreements Simulation

  This simulation course examines in an integrated fashion contractual, legal, financial, and policy aspects of corporate debt. The course materials focus on the drafting of, the interpretation of, and the purposes served by various provisions (e.g., covenants and subordination clauses) in credit documents (bank credit agreements and bond indentures). Most of the reading assignments are to provisions contained in actual documents. Over the course of the semester, students will be required to submit 5 - 7 analytical homework assignments and to participate in 5 - 7 in-class drafting exercises, all of which will be discussed in class after completion. Class attendance is required on days where we have in-class exercises. Timely submission of written assignments and participation in exercises is required to earn course credit. The course is an advanced course and will move at a fast pace. Regular class attendance and preparation will be necessary to follow the material. Note that the exam length information below is subject to change.

• Corporate Law: Policy Analysis Seminar

  This seminar will investigate a variety of current policy issues in corporate law and governance. Topics for 2012 have not yet been determined. Students are required to write comment papers on the readings and may be required to make a presentation. JD students may fulfill their writing requirement in conjunction with the seminar.

• Corporations

  This is the basic course on Corporations. It covers, among other topics, formation; certificate of incorporation and bylaws; limited liability; management and control rights and powers of shareholders, directors, and officers; shareholder voting; fiduciary and other duties and liabilities of officers and directors; amendments to the certificate of incorporation; and mergers and acquisitions.