Teaching Federal Corporate Law

8 Journal of Business & Technology Law 217 (2013)

Illinois Public Law Research Paper No. 13-37

6 Pages Posted: 9 May 2013 Last revised: 13 May 2013

See all articles by Verity Winship

Verity Winship

University of Illinois College of Law

Date Written: May 8, 2013

Abstract

U.S. corporate law is usually considered to be rooted in state common law, with securities regulation as its federal counterpart. The traditional law school curriculum mirrors this division. However, regulation and other responses to the new economic environment put pressure on these categories. This essay proposes one way to integrate responses to the financial crises into the way lawyers are trained: through a course in federal corporate law.

The essay argues that federal corporate law is productively viewed more expansively, as not limited to securities regulation. Instead it encompasses a diverse and growing set of categories, including such hotly contested topics as federal regulation of executive compensation, federal criminal liability for corporations, and federal corporate charters. Moreover, a federal corporate law course makes a first cut at better aligning the traditional state common law focus of corporate law with the mix of corporate law sources encountered in practice.

Keywords: corporate governance, federal corporate law, securities regulation, business associations, teaching business associations, corporate law federalism

JEL Classification: K10, K20, K22

Suggested Citation

Winship, Verity, Teaching Federal Corporate Law (May 8, 2013). 8 Journal of Business & Technology Law 217 (2013), Illinois Public Law Research Paper No. 13-37, Available at SSRN: https://ssrn.com/abstract=2262462

Verity Winship (Contact Author)

University of Illinois College of Law ( email )

504 E. Pennsylvania Avenue
Champaign, IL 61820
United States
217-244-8161 (Phone)

HOME PAGE: http://law.illinois.edu/faculty-research/faculty-profiles/verity-winship/

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