LAW 1027: Securities Regulation
This course provides an overview of the regulation of securities offerings and trading under the Securities Act of 1933 and the Securities Exchange Act of 1934. The course explores the elaborate disclosure obligations that this country imposes on the distribution and trading of investment securities as well as the role of the Securities Exchange Commission and private plaintiffs in shaping and enforcing these disclosure obligations. Topics to be covered include: public offerings of securities and the registration process under the Securities Act of 1933, exemptions from these registration requirements and the role of exemptions in the financing of private and public firms, and the disclosure obligations of publicly-traded issuers. The course will also examine the role of anti-fraud rules in the issuance and trading of securities as well as liability for insider trading. Elements used in grading: Attendance, Class Participation, Final Exam.
Terms: Aut
| Units: 4
Instructors:
Bartlett, R. (PI)
LAW 1028: Tax Policy
This course will explore various tax policy issues. In past years, the issues we've explored have included the carbon tax, health care, social security, consumption tax, tax compliance, tax shelters and school financing. Special Instructions: Grades will be based on class participation and memos responding to the discussion questions for any three of the sessions. Elements used in grading: Class Participation, attendance and written assignments.
Terms: Aut
| Units: 2
Instructors:
Bankman, J. (PI)
LAW 1029: Taxation I
This course provides an overview of the federal income tax. Elements used in grading: Class participation and final exam.
Last offered: Winter 2024
| Units: 3
LAW 1029: Taxation I
This course provides an overview of the federal income tax from learning to read the charming prose of the Internal Revenue Code to the principles and policies underlying the income tax, which is - by far - the largest source of revenue for the federal government (and some states, such as California). This class will provide the necessary foundations for taking more advanced tax classes but is also designed to provide crucial background for those pursuing careers in numerous other areas. For example, tax is crucial to the business lawyer's toolkit because most major business decisions have tax implications. Furthermore, because much - perhaps even most - of American public policy is conducted through the tax code, understanding tax is crucial for policy analysis. Elements used in grading: class participation and final exam.
Last offered: Autumn 2023
| Units: 4
LAW 1029: Taxation I
This course provides an overview of the federal income tax. Elements used in grading: Class participation and final exam.
Terms: Aut, Win
| Units: 4
Instructors:
Bankman, J. (PI)
LAW 1030: Partnership Tax
(Formerly
Law 377) This course will cover the basic rules that govern the tax treatment of partnerships and partners, with a focus on agreements and issues that are relevant to venture capital and private equity investment partnerships. The course will be primarily problem-set based. Prerequisites: Taxation I required; Corporate Income Taxation suggested but not required. Elements used in grading:, Final Exam, Class Participation.
Last offered: Winter 2017
| Units: 2
LAW 1031: Current Issues in Business Law
This course will focus on issues in law and business that are both important to practitioners and the subject of academic or policy debates. We will cover a range of legal and economic issues, including the following topics: nonbank lending, gatekeeper liability, capital repatriation and tax policy, corporate restructuring, blockchain and smart contracts, and cyber risk management. Each of these issues will be introduced by readings and presentations, but the classes will rely on student discussion and critical evaluation of the papers and positions we examine. Students will have the opportunity to write reaction papers that critically analyze the required readings and to learn and analyze other business law issues of their choice by working in groups. Elements used in grading: Reaction papers, class participation, and performance in the group project and presentation.
Last offered: Spring 2018
| Units: 2
LAW 1032: Banking Law
(Formerly 378) This course will examine the legal and regulatory system governing financial institutions, with an emphasis on banks. It will do so by exploring the underlying economics of banking, and the ongoing effort to reform financial regulation. Questions addressed will include: Why do we regulate financial institutions? What dangers do we want to avoid? How well does the current regulatory system achieve what we want to achieve? What alternative approaches can be taken? What are the costs and benefits of the current system, and those of the alternatives? Elements used in grading: Class participation, attendance, final exam.
Last offered: Autumn 2017
| Units: 3
LAW 1033: Trusts and Estates
This course will examine aspects of the law of donative transfers in the areas of wills, trusts and agents. The course will cover the following topics: intestacy; will execution and revocation; will provisions and interpretations; restrictions on the right to devise; probate; creation, amendment and termination of trusts; revocable and irrevocable trusts; trust provisions; charitable trusts; trust administration; and durable powers of attorneys, advanced health care directives, and conservatorships. Elements used in grading: Final exam (open book, essay).
Terms: Aut
| Units: 2
Instructors:
Nason, C. (PI)
;
Pearson, B. (PI)
LAW 1034: Real Estate Transactions
Real Estate Transactions and Commercial Development examines the structuring, negotiation and documentation of commercial real estate transactions. Working both individually and in groups, students will learn the requisite skills for drafting and negotiating leases, letters of intent, sale contracts and related financing documents. As time permits, development-related matters will be explored, including the legal aspects of site acquisition, design and construction. Since it is especially relevant now, coverage of restrictive land use controls will be covered, as well as a discussion of some approaches to increasing access to property ownership among lower income groups. Classes will be a mixture of lectures, interactive discussions, and several mock negotiations. Elements used in grading: Class attendance, individual and group project participation, quizzes and written assignments. No final exam. This class is limited to 20 students, with an effort made to have students from SLS (17 students will be selected by lottery) and 3 non-law students by consent of the instructor. Non-law students may request consent to enroll by submitting a Stanford Non-Law Student Course Add Request Form available at:
https://law.stanford.edu/education/courses/non-law-students.
Terms: Aut
| Units: 2
Instructors:
Kleiman, D. (PI)