Understand how corporate combinations change ownership, liability, and control
In this historical, annotated volume on combination, consolidation and succession of corporations, Andrew J. Hirschl assembles and explains leading cases that shape how corporations survive, merge, or end. The book focuses on “the book’s own entity” as it analyzes the legal effects of consolidation, the rights and duties that pass between old and new firms, and the practical implications for creditors, stockholders, and public authorities. It is a practical reference for readers seeking to grasp how legal principles apply to corporate restructurings and the fate of corporate franchises.
- Clear explanations of how consolidations affect debts, assets, and ongoing obligations
- Examples and discussions of the rights of creditors, stockholders, and the original and succeeding corporations
- Guidance on when and how a merged entity assumes the liabilities of its predecessors
- An organized, topic-based approach with case law and practical insights for lawyers and students
Ideal for readers of historical corporate law, business law students, and practitioners needing a solid, accessible overview of consolidation and succession in corporations.