LGST Session 12 - LGST 101 Session 12 Corporate Law and...

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LGST 101 Session 12 – Corporate Law and Governance Review for Public vs. Private International Law, Foreign Affairs Law, International Human Rights and Humanitarian Law, Source of international human rights?, Eric Posner on Human Rights and critique of him Kiobel v Royal Dutch Petroleum o Alien Tort Statute Only provides relief against tyrants and safe passage of passage American or American company in another country…you are protected under alien tort statute o STARE DECISIS – (know this) Corporate Law and Governance o A corporation is a creature of statute, a “ legal person Makes contracts Incurs liability Separate from shareholders o FIVE FEATURES of corporations: 1) Limited Liability A corporation can only satisfy damages to the extent of its own assets 2) Perpetual Life 3) Tradeable Shares 4) Legal personality 5) Entity shielding Corporate Law and Governance: Where are the people?
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