To earn a Certificate in Business Law, a student must complete the eighty-six (86) credits required for the Juris Doctor degree and satisfy all JD requirements. Within the course work required for the JD degree, a student must complete fifteen (15) credit hours from the listed business law courses. Two course are required. Three electives are required. All courses are three (3) credits unless otherwise indicated. Certificate courses may not be audited.

An applicant must maintain a minimum GPA of 3.20 in the Certificate courses. If a student takes more than the five courses required for the Certificate, all of the business law courses will factor into the final GPA. A student must declare on the Certificate application form all of the business law courses taken, even if a grade is not yet known. A student may earn a maximum of one Certificate while enrolled in law school.​

Course Requirements

Electives

LAW 102

BUSINESS ORGANIZATIONS

(3 hrs) Provides a basic introduction to the modern American business corporation. Major subject areas covered include the steps required for organizing a corporation, the nature of the corporate entity concept, control and management of the corporation, fiduciary duties of directors and controlling shareholders and an introduction to federal securities law and partnership and agency law.

LAW 600

TAXATION OF CORPORATIONS & SHAREHOLDERS

(3 hrs) Required for Certificate in Taxation. Addresses basic tax considerations in the formation, operation and liquidation of corporations. Among the areas covered are the organization of corporations, Subchapter S corporations, property and stock dividends, 306 stock, stock redemptions, liquidations, collapsable corporations, corporate divisions and corporate reorganizations.
Prerequisites:
LAW 210 or LAW 212 is a prerequisite for this class.

LAW 620

PARTNERSHIP TAXATION

(3 credit hours) Required for LLM in Taxation students. Covers the tax consequences of the formation, operation and liquidation of partnerships, including tax shelters, passive loss rules and newly emerging uses of partnerships.
Prerequisites:
LAW 210 or LAW 211 or LAW 212 is a prerequisite for this class.

LAW 202

EMPLOYMENT DISCRIMINATION

(3 credit hours) This course covers the most important Federal laws dealing with discrimination in employment and emphasizes Title VII of the Civil Rights Act of 1964. The course is designed to develop an understanding and recognition of racism and sexism in the context of employment.

LAW 212

FEDERAL INCOME TAXATION AND FEDERAL POLICY

(4 hrs) Required for Certificate in Taxation unless student takes LAW 210. Examines economic and government policy context out of which tax laws arise and ethical issues in tax practice as well as substantive tax law. Designed for those who have never studied taxation. Examines how Congress uses its revenue power to shape the economy as a whole and to implement its philosophy of taxation.

LAW 218

TAXATION OF STRUCTURED REAL ESTATE TRANSACTIONS

This course will provide an introductory overview of the primary tax considerations involved in structured real estate transactions, including: an analysis of the effect of income taxes on real estate transactions; a comparison of the various structures used for the owenership and development of real estate; a review of section 1031 like-kind exchange driven real estate syndications; alternative financing techniques such as sale-leaseback transactions; REIT; and inbound and outbound real estate investments.
Prerequisites:
LAW 210 or LAW 212 is a prerequisite for this class.

LAW 300

CORPORATE FINANCE

(3 hrs) Provides a basic analysis of corporate capital structures, dividends and retained earnings, federal policies promoting disclosure and prohibiting fraud and mergers and acquisitions.
Prerequisites:
LAW 102 is a prerequisite for this class.

LAW 304

SALES

(3 hrs) A survey of the law of sales (principally Article Two of the Uniform Commercial Code) and related Uniform Commercial Code provisions. Emphasis is placed on core concepts, including warranty, buyer and seller remedies and risk of loss.

LAW 305

SECURED TRANSACTIONS

(3 hrs) Covers the law of personal property security (principally Articles Nine and Seven of the Uniform Commercial Code) and consumer financing arrangements. Emphasis is given to transactional planning of consumer, equipment, inventory, accounts and warehouse financing arrangements, and the priorities of conflicting legal interests. Provisions of the Federal Consumer Credit Code, usury laws and the Fair Credit Reporting Act are discussed.

LAW 310

COMMERCIAL PAPER

(3 hrs) Focuses on the law of negotiable instruments (principally Articles Three and Four of the Uniform Commercial Code). Emphasis is placed on negotiability, transfer, the legal effect of endorsement, holder indo course doctrine, real and personal defenses forgery.

LAW 348

MERGERS AND ACQUISITIONS

(3 hrs) Aspects of business entities involved in a merger, consolidation, acquisition and other forms of combination. Examines business, financial, personal and real property, employment rerlations, labor, taxation, and environmental issues. Also analyzes the tax consequences of the particular form of combination.
Prerequisites:
LAW 102 is a prerequisite for this class.

LAW 349

INTERNATIONAL TRADE LAW

(3 hrs) An introduction to the regulatory structure of global economic relations, focusing on the theoretical and substantive foundations of multilateral systems such as the IMF, GATT, NAFTA and the European common market. The course also analyzes the legal and constitutional framework for the treatment of international trade questions in the US, the European Union and Japan, and explores how this framework accommodates selected issues of global trade policy.

LAW 358

EMPLOYEE BENEFITS

(3 hrs) Employee Benefits covers the creation and operation of retirement plans under the Employment Retirement Income Security Act of 1974 (ERISA) as well as medical and other welfare benefit plans for employees.

LAW 402

ANTITRUST

(3 hrs) Studies the basic federal antitrust statutes which proscribe monopolization, conspiracies to restrain trade, and mergers that unduly tend to concentrate markets. This course also entails a working knowledge of American economic history, familiarity with simple rules of applied microeconomics, and a grasp of strategic commercial behavior.

LAW 415

BANKRUPTCY

(3 hrs) A survey of the Federal Bankruptcy Code, including the trustee's power of avoidance, Chapter 13, debtor's right to discharge, federal tax liens and priorities.

LAW 417

LABOR LAW

This course addresses the common law and federal statutes applicable to private sector labor-management relations with an emphasis on organizational matters and negotiations. The course contains the following aspects: statutory interpretation, policy concerns, appropriate practical strategies for both labor and management, social issues and values, ethical issues, advocacy skills, administrative law, critical analysis of decisions, remedies and the relationship of federal labor law to other laws.

LAW 420

REAL ESTATE TRANSACTIONS

(3 hrs) Explores the basic concepts and documents involved in the inter vivos transfer, financing, development and use of real property. Topics covered include brokers' agreements, condominiums, title assurance, land trusts and closings.
Prerequisites:
LAW 160 is a prerequisite for this class.

LAW 432

SECURITIES REGULATION

(3 hrs) Deals with federal and state regulation of the distribution and transaction of investment securities. Problems related to the nature and extent of investor protection under securities legislation are studied.
Prerequisites:
LAW 102 is a prerequisite for this class.

LAW 448

INTERNATIONAL BUSINESS TRANSACTIONS

(3 hrs) Examines the foreign law aspects of establishing American business abroad, including international investment and finance relations, and problems posed by treaty, convention and trade practice between the United States and foreign countries.
Prerequisites:
LAW 102 is a prerequisite for this class.

LAW 453

COMMERCIAL ARBITRATION

(3 hrs) This course is designed to teach students the necessary skills to become effective advocates in the commercial arbitration process. Students develop arbitration skills through role-play exercises, including actual advocacy in simulated arbitrations. Additionally, the course teaches the juris prudence of commercial arbitration, the evolution of the case law in the field and where arbitration fits within the spectrum of dispute resolution processes. The course also teaches students to critically evaluate the ethical and professional issues in the field of arbitration.

LAW 460

BUSINESS PLANNING

(3 credit hours) Combines advanced work in business organizations, securities law and federal taxation in the context of business planning and counseling.

LAW 461

CORPORATE REORGANIZATIONS

(3 hrs) Survey of methods of reorganizing corporate enterprise. Cognate issues in the fields of taxation, securities regulation, and bankruptcy are also discussed.
Prerequisites:
LAW 102 is a prerequisite for this class.

LAW 462

INSURANCE LAW

(3 hrs) Cross listed course for Public Services program. Provides a comprehensive overview of the basic principles of insurance law, including: a review of how the business of insurance has developed to meet contemporary business and consumer needs; the significance of insurance in modern business; and the importance of insurance and insurance law in the practice of law. Reviews the ways in which legislators, regulators and the courts have intervened in the operations of the insurance marketplace; the purposes of such interventions, and whether such purposes have been served.

LAW 475

NEGOTIATIONS

Analyzes and uses problem solving to explore the use of negotiation techniques in the legal setting. 3 credit hours.

LAW 476

FINANCIAL ACCOUNTING FOR LAWYERS

Provides a survey of accounting principles and issues relevant to the practice of law, including accounting methods and procedures, accounting issues in business, corporate and tax law and the use of accounting data in financial analysis and business planning. This course is closed to students who have completed more than one accounting course at the undergraduate level. 3 credit hours.

LAW 497

CONSUMER PROTECTION

(3 hrs) Surveys the common law and state and federal statutes which protect consumers in various aspects of sales and credit transactions. The course begins with inducements (advertising and marketing techniques), explores financing the deal (credit regulation), substantive contract tersm (unconscionability, warranties, and interest rates) and post-transaction problems (debt collection).

LAW 604

TAX EXEMPT ORGANIZATIONS

(3 hrs) Covers qualification as section 501(c) charitable organizations, rules governing conduct of commercial and political activities of charities, unrelated business income and private foundations.

LAW 608

INTERNATIONAL TAXATION

(3 crs.) An introduction to the taxation of income of U.S. citizens, residents and corporations from foreign sources and the income of foreign residents and non-residents from U.S. sources. Topics may include sources of income rules, foreign tax treaties and a survey of the tax treatment of U.S. investments made offshore.

LAW 611

OFFSHORE FINANCIAL CENTERS: CAYMAN ISLANDS

This course is a combined classroom and field experience designed to provide an introduction to offshore financial centers which include captive insurance arrangements, hedge funds, and asset securitization transactions. A principle purpose is to study various business entities and will examine policy, business and legal issues related to use of such entities.

LAW 311

WORKOUTS & RESTRUCTURING/FINANCIAL TROUBLED COMPANIES

(3 credits) This course will examine a pre-bankruptcy corporate restructuring from the viewpoint of each of the principal parties to that workout and will examine the legal and business issues commonly faced by each party. Students will develop an understanding of the legal rights available to each party and the strategies often employed by parties with competing interests when a company is in financial distress.