Celia Bigoness is a Clinical Professor of Law and founder of the Entrepreneurship Law Clinic, Cornell’s first transactional law clinic. In addition to teaching at the Entrepreneurship Law Clinic, Professor Bigoness teaches “Introduction to Transactional Lawyering” and organizes the annual Cornell Law School Transactional Lawyering Competition. Before joining Cornell, she spent seven years practicing corporate law at Sullivan & Cromwell LLP in New York, London, and Paris. Her experience includes project finance, leveraged finance, capital markets, and mergers and acquisitions. Professor Bigoness received her J.D. from Yale Law School, where she was editor-in-chief of the Yale Journal of International Law, and her A.B. from Harvard.
If you own a business, have ever thought about starting a business, or have the opportunity to buy into a business in the future, you'll want to understand the personal implications the business structure may have for you.
In this course, you will look at how different types of business entities are structured in the U.S.? and examine the pros and cons of business structures for different individuals in different circumstances. You will also do a deep dive into corporations, which are the most common business entities, especially for large and complex businesses. You'll define the limits of the corporate structure by exploring the economic and social purposes of corporations along with what happens if individuals who own or control a corporation abuse their position of power.
Whatever your circumstances are, through this study you will be given the tools to understand who the relevant actors are in any business structure, what their rights and responsibilities are, and how you fit in.
- Analyze why different entities have different stakeholders, along with the pros and cons of choosing one entity over another
- Assess which stakeholders are involved in major business decisions and have legal responsibility over decisions made by the company
- Define the limits of the corporate structure
How It Works
Who Should Enroll
- Board members
- Founders and entrepreneurs
- Investment bankers
- Professionals working with boards of directors
- Professionals working in highly regulated industries
- Professionals working with lawyers