Reform of American Business Law

This blog serves as support for a graduate course using the ongoing worldwide crisis as thread. The global nature of this crisis dispenses with the demonstration of the need for a course on the legal environment of business in the US, for students of other nationalities, who have registered for a Masters degree on International Business and Exports.

Last year the label of this course was "American Business Law". For many reasons, this label was debatable. The mildest one is that it sounded like a translation of "Droit des Affaires Américain" - in the US, one rather speaks of "Legal Environment of Business". The other is that nobody expects a 22 hour course to cover commercial contracts, corporate law, bankruptcy, banking law, securities law, monetary law, antitrust, intellectual property and taxation (and all of those are part of the "Legal Environment" in which businesses are created, grow, stagnate, decline and eventually die).

Last year we had used the then-ongoing financial crisis as thread for the course. This was a good choice, and we kept it for this year: "If you liked 1929, you will love 2009".

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