The new edition of Commentaries and Cases on the Law of Business Organization is sure to be welcomed by students and instructors alike. Updated throughout, The Second Edition continues to make the economic underpinnings of corporate law understandable and engaging. This distinguished team of authors -- William T. Allen and Reinier Kraakman, joined in the second edition by Guhan Subramanian -- clearly explains sophisticated concepts while providing context and perspective to enhance understanding. This highly accessible casebook retains the features that made it successful. The authors draw upon the experiences of William Allen, former Chancellor of the Delaware Court of Chancery, To add a unique real-world perspective To The book employ a logical and flexible organization that allows chapters to be taught out of order to accommodate alternative teaching approaches use clear and concisely written introductions and transitional text to provide context and perspective facilitate teaching and understanding through rich commentary in the form of explanatory notes draw upon both classic and important recent cases and select and edit them to maximum effect use the economic analysis perspective, presented through clear and consistent explanatory text, As a coherent theme For The course and a useful analytic tool for evaluating business models draw upon examples, hypos, and diagrams to illustrate conceptual and theoretical models provide a Teacher's Manual that includes detailed guidance for structuring the course, case analyses, and answers to questions raised in the book. Additional PowerPoint slides provide case summaries and raise cutting-edge and interesting points. the Second Edition has been updated throughout, and it provides more connections To The recent empirical literature on various topics includes additional problems as well as recent cases, such as Disney and Omnicare introduces a new feature: Sidebars that provide brief biographies or additional facts that add color To The cases being examined (e.g., biographies of Eldbridge Gerry, Frank Lorenzo, and Sumner Redstone, and an exploration of the business motives behind Timberland's philanthropic program) An author website to support classroom instruction using this title is available at http://www.aspenlawschool.com/allen2