Monday, November 28, 2011

Vampires and Business Organizations

Vampires and Business Organizations
        The November/December 2011 issue of The Journal of Passthrough Entities includes my article Vampires and the Law of Business Organizations: The Fruitless Search for Authenticity.  This piece compares the various constructs used for the vampire in various books and movies, analogizing that to the various laws governing business organizations.  What is a vampire in a particular book or movie is determined by the author.  In the same way, what are the rights, duties and responsibilities of individuals within a particular organization are determined by the controlling statute and the governing documents.  Ultimately, each must be assessed on its individual terms, and assumptions that one characteristic applies in other contexts are often erroneous.
The article can be accessed HERE

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