Course Schedule
Classes Found
Law and Economics of Capital Markets and Financial Intermediation
- TUE, THU 2:00 – 3:30 pm RRH 5.408
Course Information
- Course ID:
- 392H-2
- Cross-listed with:
- Business, Government, And Society
Registration Information
- Upperclass-only elective
- Will not use floating mean GPA
Description
This course focuses on intermediaries in the capital markets -- those who trade, facilitate structure, or manage securities investments. Modern capital markets are dynamic and innovative, as creative and highly paid bankers, investment managers, and their lawyers attempt to navigate an ever-changing economic and regulatory environment. Students will gain an understanding of the institutional workings of the securities business and its legal regulation, with an eye toward recent developments and interesting economic problems. Topics include:
· Pre-IPO trading, IPO underwriting, SPACs, and other IPO alternatives;
· Investment companies, investment advisers, and broker dealers.
· Efficient markets theory and implications for investment advising;
· Structure and marketing of asset-backed securities, such as CDOs;
· Banking, shadow banking, and the demand for safe assets;
· Banking competitors, such as crypto/stablecoins and money market mutual funds;
· Market making, payment for order flow, and “gamification” of retail trading.
The course utilizes a case study approach, with examples drawn from (relatively) recent events, which include Facebook’s pre-IPO trading, Tether, the Bernie Madoff Ponzi scheme, Goldman’s ABACUS trade, the Lehman collapse, Robin Hood, and GameStop.
Evaluation is based on class discussion/participation and student group presentations.
This course is aimed at students who are planning to work as investment bankers, investment managers, broker/dealers, or legal advisors thereto, and the goal of this course is to equip students with an overview of the economic concerns that drive much capital markets activity and the consequent legal regulation that attempts to improve capital markets operation. This course is intended to be an accessible survey for all business and law students; no prior knowledge of economics, securities markets, or law is assumed.
Law and Economics of Capital Markets and Financial Intermediation
- TUE, THU 2:00 – 3:30 pm RRH 5.408
Course Information
- Course ID:
- 392H-2
- Cross-listed with:
- Business, Government, And Society
Registration Information
- Upperclass-only elective
- Will use floating mean GPA if applicable
Description
This course focuses on intermediaries in the capital markets -- those who trade, facilitate structure, or manage securities investments. Modern capital markets are dynamic and innovative, as creative and highly paid bankers, investment managers, and their lawyers attempt to navigate an ever-changing economic and regulatory environment. Students will gain an understanding of the institutional workings of the securities business and its legal regulation, with an eye toward recent developments and interesting economic problems. Topics include:
· Pre-IPO trading, IPO underwriting, SPACs, and other IPO alternatives;
· Investment companies, investment advisers, and broker dealers.
· Efficient markets theory and implications for investment advising;
· Structure and marketing of asset-backed securities, such as CDOs;
· Banking, shadow banking, and the demand for safe assets;
· Banking competitors, such as crypto/stablecoins and money market mutual funds;
· Market making, payment for order flow, and “gamification” of retail trading.
The course utilizes a case study approach, with examples drawn from (relatively) recent events, which include Facebook’s pre-IPO trading, Tether, the Bernie Madoff Ponzi scheme, Goldman’s ABACUS trade, the Lehman collapse, Robin Hood, and GameStop.
Evaluation is based on class discussion/participation and student group presentations.
This course is aimed at students who are planning to work as investment bankers, investment managers, broker/dealers, or legal advisors thereto, and the goal of this course is to equip students with an overview of the economic concerns that drive much capital markets activity and the consequent legal regulation that attempts to improve capital markets operation. This course is intended to be an accessible survey for all business and law students; no prior knowledge of economics, securities markets, or law is assumed.
Law and Economics of Capital Markets and Financial Intermediation
- TUE, THU 2:00 – 3:30 pm RRH 5.408
Course Information
- Course ID:
- 392H-2
- Cross-listed with:
- Business, Government, And Society
Registration Information
- Upperclass-only elective
- Will use floating mean GPA if applicable
Description
Same as LAW 379M, Topic: Capital Markets and Financial Intermediation.
This course uses economic analysis to understand the institutional workings of the securities and investment business and its legal regulation (especially recent developments therein). The main focus of this course is on securities intermediaries -- those who trade, facilitate trade, or manage investments on account of others -- as opposed to primary offerings (which are covered in a typical Securities Regulation class). Topics include securities trading and market regulation, banking and shadow banking, securitizations and asset-backed securities, broker-dealer duties and conflicts, and investment advisers and investment company regulation. The course utilizes a case study approach, with examples drawn from recent events. The class will be a combination of lecture, class discussion, and student group presentations. The goal of the course is to ensure that students have a good economic understanding of how and why the law applies to them once they are (or are representing) investment bankers, traders, or investment advisers.
Law and Literature
- WED 3:55 – 5:45 pm JON 6.206
Course Information
- Course ID:
- 185R
- Short course:
- 1/17/24 — 2/28/24
Registration Information
- Upperclass-only elective
Description
The materials for this one-hour pass-fail course are still being worked out. What is most likely is that each week will focus, for the two-hour class period, on one or, at most, two, stories or a short novel that raise issues relevant to the law. For example, under what circumstances do we properlyaccept private revenge, because, for example, a working legal system that provides adequate "justice" is lacking? Does Shakespeare's "Measure for Measure" offer any useful lessons about "the rule of law" and/or "fidelity to law"? We might also assign some legal opinions or essays that are thought to be of particular literary merit and analyze what that may (or may not) be true. Each student will be required to provide three short essays (of roughly 500-600) words responding to the pieces assigned during particular weeks of your choice. They will be ungraded, but we hope that they will provide the agenda for much of the class discussion for those weeks.
Law and Literature
- TUE 3:45 – 5:35 pm JON 6.207
Course Information
- Course ID:
- 185R
- Short course:
- 1/18/22 — 3/1/22
Registration Information
- Upperclass-only elective
Description
The materials for this one-hour pass-fail course are still being worked out. What is most likely is that each week will focus, for the two-hour class period, on one or, at most, two, stories or a short novel that raise issues relevant to the law. For example, under what circumstances do we properlyaccept private revenge, because, for example, a working legal system that provides adequate "justice" is lacking? Does Shakespeare's "Measure for Measure" offer any useful lessons about "the rule of law" and/or "fidelity to law"? We might also assign some legal opinions or essays that are thought to be of particular literary merit and analyze what that may (or may not) be true. Each student will be required to provide three short essays (of roughly 500-600) words responding to the pieces assigned during particular weeks of your choice. They will be ungraded, but we hope that they will provide the agenda for much of the class discussion for those weeks.
Law of Commercial Real Estate Finance and Development
- P. Murray
- MON, WED 2:00 – 3:30 pm RRH 4.308
Course Information
- Course ID:
- 396W
- Cross-listed with:
- Legal Environment Of Business
Registration Information
- Upperclass-only elective
- Will not use floating mean GPA
Description
Taught by Paula Murray.
The legal framework of commercial real estate finance and development, including basic real estate law concepts, legal aspects of financing techniques and instruments, subdivision land-use controls, environmental regulation of real estate development, and other topics.
Law of Commercial Real Estate Finance and Development
- P. Murray
- MON, WED 2:00 – 3:30 pm RRH 3.414
Course Information
- Course ID:
- 396W
- Cross-listed with:
- Legal Environment Of Business
Registration Information
- Upperclass-only elective
- Will not use floating mean GPA
Description
Taught by Paula Murray.
The legal framework of commercial real estate finance and development, including basic real estate law concepts, legal aspects of financing techniques and instruments, subdivision land-use controls, environmental regulation of real estate development, and other topics.
Law of Music Festivals
- THU 4:15 – 6:05 pm TNH 3.125
Course Information
- Course ID:
- 196V
- Short course:
- 8/26/21 — 10/7/21
Registration Information
- Upperclass-only elective
Description
Same as LAW 179P, Law of Music Festivals.
A survey of a range of core legal practice areas, including copyright, trademark, insurance, employment, immigration, contracts (with artists, sponsors, vendors and others), and working with municipalities using the backdrop of a live festival event. Expect guest lecturers from within the industry.
Law of Music Festivals
- THU 4:15 – 6:05 pm JON 6.207/208
Course Information
- Course ID:
- 179P
- Short course:
- 8/29/19 — 10/10/19
Registration Information
- Upperclass-only elective
Description
A survey of a range of core legal practice areas, including copyright, trademark, insurance, employment, immigration, contracts (with artists, sponsors, vendors and others), and working with municipalities using the backdrop of a live festival event. Expect guest lecturers from within the industry.
Law of Music Festivals & Events
- THU 4:15 – 6:05 pm TNH 3.127
Course Information
- Course ID:
- 196V
- Short course:
- 8/25/22 — 10/6/22
Registration Information
- Upperclass-only elective
Description
Same as LAW 179P and 196V, Law of Music Festivals.
A survey of a range of core legal practice areas, including copyright, trademark, insurance, employment, immigration, contracts (with artists, sponsors, vendors and others), and working with municipalities using the backdrop of a live festival event. Expect guest lecturers from within the industry.
Law of Music Festivals and Events
- THU 9:50 – 11:40 am TNH 3.129
Course Information
- Course ID:
- 196V
- Short course:
- 9/5/24 — 10/17/24
Registration Information
- Upperclass-only elective
Description
A survey of a range of core legal practice areas, including copyright, trademark, insurance, employment, immigration, contracts (with artists, sponsors, vendors and others), and working with municipalities using the backdrop of a live festival event. Expect guest lecturers from within the industry.
Law of Music Festivals and Events
- THU 9:50 – 11:40 am TNH 3.129
Course Information
- Course ID:
- 196V
- Short course:
- 8/24/23 — 10/5/23
Registration Information
- Upperclass-only elective
Description
A survey of a range of core legal practice areas, including copyright, trademark, insurance, employment, immigration, contracts (with artists, sponsors, vendors and others), and working with municipalities using the backdrop of a live festival event. Expect guest lecturers from within the industry.
Law of the US-Mexico Border
- THU 9:50 – 11:40 am TNH 3.129
Course Information
- Course ID:
- 296W
Registration Information
- 1L and upperclass elective
- Will use floating mean GPA if applicable
Description
Stretching from Texas to California, the U.S.-Mexico border brings together diverse cultural experiences and identities, along with a unique set of legal issues. This course will provide students with an opportunity to examine these issues from a historical perspective.
We will begin with the role of conquest – beginning with the Spanish conquest of indigenous peoples, and the subsequent annexation and conquest of the border territories by the United States.
We will then turn to the impact of nationality, national origin, class, ethnicity, race and language on the law affecting border communities, focusing on developments in U.S. immigration, labor and civil rights law, as well as the 1848 Treaty of Guadalupe Hidalgo and the 2020 United States-Mexico-Canada trade agreement.
The course will end with an examination of major controversies currently affecting the border region, including the militarization of the border zone; the construction of a border “wall;” and the treatment of undocumented immigrants and their children.
There are no prerequisites. Each student will prepare and present weekly reaction papers, along with an independent research project.
Law, Finance, and Science of Global Energy Transactions
- O. Anderson
- J. Butler
- R. Chuchla
- C. Moore
- WED 3:45 – 6:40 pm ONLINE
Course Information
- Course ID:
- 379M
- Cross-listed with:
- Other school
Registration Information
- Upperclass-only elective
- Prof. keeps own waitlist
- Will use floating mean GPA if applicable
Description
This course will be taught entirely online via Zoom.
Although not its official name, this class might be most appropriately called: Analyzing and Participating in a Petroleum Bid Round and Preparing an Exploration Plan. The class is open by application to students enrolled in the McComb’s School of Business MBA program, the Jackson School of Geosciences Master’s Program in Earth Sciences, and to JD and international LLM students in the School of Law. The students will work in teams of four, one from McCombs, one from Jackson, one JD student from Law, and one LLM student from law. The students will learn how to evaluate geologic information made available in a bid round package, analyze the fiscal terms offered by the government, analyze the legal regime, and determine and quantify the risks associated with an investment. Each team will prepare a written report that evaluates risk and designs and proposes a competitive bid, including an exploration plan. Each team also orally presents its report to a team of professors/guest experts who will play the role of an oil company board of directors.
Law, Finance, and Science of Global Energy Transactions
- O. Anderson
- J. Butler
- R. Chuchla
- C. Moore
- WED 3:45 – 6:35 pm TNH 3.124
Course Information
- Course ID:
- 379M
- Cross-listed with:
- Other school
Registration Information
- Upperclass-only elective
- Prof. keeps own waitlist
Description
Although not its official name, this class might be most appropriately called: Analyzing and Participating in a Petroleum Bid Round and Preparing an Exploration Plan. The class is open by application to students enrolled in the McComb’s School of Business MBA program, the Jackson School of Geosciences Master’s Program in Earth Sciences, and to JD and international LLM students in the School of Law. The students will work in teams of four, one from McCombs, one from Jackson, one JD student from Law, and one LLM student from law. The students will learn how to evaluate geologic information made available in a bid round package, analyze the fiscal terms offered by the government, analyze the legal regime, and determine and quantify the risks associated with an investment. Each team will prepare a written report that evaluates risk and designs and proposes a competitive bid, including an exploration plan. Each team also orally presents its report to a team of professors/guest experts who will play the role of an oil company board of directors.
Law, Poverty and Opportunity
- MON 3:55 – 5:45 pm JON 6.257
Course Information
- Course ID:
- 296W
Registration Information
- Upperclass-only elective
- Will use floating mean GPA if applicable
Description
Co-taught by Parisa Fatehi-Weeks and Ranjana Natarajan.
This course will cover a range of poverty law issues, including how poverty is measured, major themes in poverty law, and the most important constitutional law cases. Specific issues will include: welfare, work, housing and land use, health, education, criminalization, and access to justice. We will also spend time on the relationship between market forces and public policy, including an opportunity to apply learnings to a current policy issue.
At the end of the course, students will:
- improve their logical reasoning when faced with alternative fact patterns or rules
- learn the basic substantive material of Poverty Law so that they can bring that knowledge into practice following law school
- be able to put themselves into the shoes of different parties, understanding how parties to a dispute will view things from their unique perspectives
Legal Analysis and Communication
- TUE 9:05 – 10:12 am TNH 2.123
- THU 1:05 – 2:12 pm TNH 3.126
Course Information
- Course ID:
- 380S
- Experiential learning credit:
- 3 hours
Registration Information
- 1L-only required
Description
Introduction to problem-solving through law-practice simulation. Focuses on legal research, writing mechanics, predictive written analysis, and oral presentation of research results.
Legal Analysis and Communication
- TUE 10:30 – 11:37 am TNH 3.127
- THU 2:30 – 3:37 pm TNH 3.127
Course Information
- Course ID:
- 380S
- Experiential learning credit:
- 3 hours
Registration Information
- 1L-only required
Description
Introduction to problem-solving through law-practice simulation. Focuses on legal research, writing mechanics, predictive written analysis, and oral presentation of research results.
Legal Analysis and Communication
- THU 10:30 – 11:37 am TNH 2.124
- FRI 11:50 am – 12:57 pm TNH 2.124
Course Information
- Course ID:
- 380S
- Experiential learning credit:
- 3 hours
Registration Information
- 1L-only required
Description
Introduction to problem-solving through law-practice simulation. Focuses on legal research, writing mechanics, predictive written analysis, and oral presentation of research results.
Legal Analysis and Communication
- THU, FRI 10:30 – 11:37 am TNH 3.125
Course Information
- Course ID:
- 380S
- Experiential learning credit:
- 3 hours
Registration Information
- 1L-only required
Description
Introduction to problem-solving through law-practice simulation. Focuses on legal research, writing mechanics, predictive written analysis, and oral presentation of research results.
Legal Analysis and Communication
- TUE 10:30 – 11:37 am TNH 2.123
- THU 2:30 – 3:37 pm TNH 3.126
Course Information
- Course ID:
- 380S
- Experiential learning credit:
- 3 hours
Registration Information
- 1L-only required
Description
Introduction to problem-solving through law-practice simulation. Focuses on legal research, writing mechanics, predictive written analysis, and oral presentation of research results.
Legal Analysis and Communication
- TUE 9:05 – 10:12 am TNH 3.127
- THU 1:05 – 2:12 pm TNH 3.127
Course Information
- Course ID:
- 380S
- Experiential learning credit:
- 3 hours
Registration Information
- 1L-only required
Description
Introduction to problem-solving through law-practice simulation. Focuses on legal research, writing mechanics, predictive written analysis, and oral presentation of research results.
Legal Analysis and Communication
- THU 1:05 – 2:12 pm TNH 2.124
- FRI 10:30 – 11:37 am TNH 2.124
Course Information
- Course ID:
- 380S
- Experiential learning credit:
- 3 hours
Registration Information
- 1L-only required
Description
Introduction to problem-solving through law-practice simulation. Focuses on legal research, writing mechanics, predictive written analysis, and oral presentation of research results.
Legal Analysis and Communication
- THU 1:05 – 2:12 pm TNH 3.125
- FRI 11:50 am – 12:57 pm TNH 3.125
Course Information
- Course ID:
- 380S
- Experiential learning credit:
- 3 hours
Registration Information
- 1L-only required
Description
Introduction to problem-solving through law-practice simulation. Focuses on legal research, writing mechanics, predictive written analysis, and oral presentation of research results.
Legal Analysis and Communication
- THU 9:05 – 10:12 am TNH 3.126
- FRI 10:30 – 11:37 am TNH 3.126
Course Information
- Course ID:
- 380S
- Experiential learning credit:
- 3 hours
Registration Information
- 1L-only required
Description
Introduction to problem-solving through law-practice simulation. Focuses on legal research, writing mechanics, predictive written analysis, and oral presentation of research results.