Clear, succinct, descriptions of the reasoning and policy issues underlying corporate law that is accessible to law students with no business or economic background. The 2011 edition is thoroughly updated to include recent Delaware and other leading decisions focused on fiduciary obligations and duties in corporate acquisitions, state and statutory developments affecting corporations including the Dodd-Frank Act of 2010, the changing landscape of securities fraud suits in the federal courts, new discussions of unincorporated forms of business, insightful explanations of such news-making issues as corporate governance and director liabilities, and coverage of LLCs and LLPs.