This course focuses on real contracts with real risks. During the course will study a guaranty, a promissory note and a deed of trust. These agreements are commonly used for financing. A prominent local law firm has provided materials for our use in class. We will also study a merger agreement, an asset acquisition agreement and a joint venture agreement. The merger, joint venture and asset acquisition agreement were prepared by committees of the American Bar Association. We will also study a confidentiality agreement, non-compete agreement, a waiver of liability and several other commonly used agreements. Finally, we will study an intellectual property license. Many of these documents are lengthy. We will study them in detail, particularly the liabilities in each agreement.
This course does not focus on commercial matters, such as profit/loss.
Prerequisite: First year torts and first year contracts.
Ortman, Daniel W. 