Business Law

Business Law in the United States

Main Topics of Business Law

This entry in the American Encyclopedia has been organized to address the following topics, among others:

  • Business Law : Corporations
  • Business Law : Limited Liability Companies
  • Business Law : Partnerships
  • Business Law : Shareholder Rights

Business Law: Summary

In this entry, Business Law covers:

  • Forms of Business Organization
  • Corporate Regulation
  • Prohibition on Self-Dealing
  • Remedies Available to Shareholders
  • Shareholder’s Derivative Suit
  • Cumulative Voting
  • Right to Dissent
  • Shareholder Proposals
  • Securities Regulation

Business Law: Main Elements

The coverage of Business Law includes the following main elements:

Forms of Business Organization

Find out an overview of this topic, in relation to Business Law, in the legal Ecyclopedia.

Corporate Regulation

There is information on this basic subject in the legal Ecyclopedia.

Prohibition on Self-Dealing

Find out an overview of this issue following this link (topic).

Remedies Available to Shareholders

There is information on this basic subject matter in this legal reference.

Shareholder’s Derivative Suit

Find out an overview of this topic in the legal Ecyclopedia.

Cumulative Voting

There is information on this basic subject in this reference work.

Right to Dissent

For information on this issue, please click here (subject).

Shareholder Proposals

Read more in relation to this subject matter here (topic).

Securities Regulation

There is information on this basic subject matter in this legal reference.

References

See Also

  • Business Law

Main Elements

Business Law Defined

Business law deals with the creation of new businesses and the issues that arise as existing businesses interact with the public, other companies, and the government. This area of the law draws on a variety of legal disciplines, including tax law, intellectual property, real estate, sales, employment law, bankruptcy, and others.

Business Formation and Internal Agreements

New companies must take steps to comply with the law even before opening their doors for the first time. Business law attorneys are routinely asked to form new entities on behalf of their clients by filing the necessary documents with the Secretary of State.

Navigating Complex Transactions

Some commercial transactions are within the ability of business owners to handle on their own. Others are not, especially when a deal touches on complicated and evolving areas of the law, such as securities regulation or internet commerce. In heavily-regulated industries in particular, companies rely on their in-house or hired lawyers for advice regarding the latest legal developments affecting their businesses.

Preemptive Measures to Avoid Litigation

One way to distinguish business law as its own field of practice is to take note of when these issues arise. Business law provides rules and guidance for companies to follow before disputes occur.

Hiring Legal Counsel

If the people affected or interested operate an existing business or plan to launch a new one, their success may depend on obtaining the right legal advice. Attorneys are available to assist with everything from simple buy/sell agreements to mergers and acquisitions of publicly-traded companies.

Resources

See Also

  • Limited Liability Partnerships
  • Business Corporations
  • List of business law topics
  • Limited Liability Companies
  • Business Trust
  • Limited Partnerships
  • Business Expenses
  • Business Licenses
  • Business Trusts
  • Business Associations
  • Executive Business
  • Business Corporation

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