Courses

Michael Gerber

Professor of Law

250 Joralemon Street
Brooklyn, NY 11201
718-780-7923 |  Email
Areas of Expertise
Bankruptcy Law
Contracts
Business Reorganization
Education
B.A., New York University
J.D., New York University School of Law

Business Boot Camp

The classic law school experience is designed to teach you to think like a lawyer. That is an essential skill, but there are also times when practicing lawyers need to reach outside that traditional legal toolkit and think like a business person as well as a like a lawyer. There are certain issues that confront all business professionals, including how to develop a business plan, how to keep track of money, how to value assets, how to raise the capital necessary to run their companies, and how to meet their business goals while also complying with the law. The goal of the BLS Business Boot Camp is to introduce students to these issues from the business persons perspective, and provide students with the vocabulary and framework they will need to communicate effectively with clients and evaluate their needs. The Business Boot Camp is being taught by a team of business and finance professionals from Deloitte Financial Advisory Services in collaboration with BLS faculty and alumni. The syllabus is based in part on an intensive course that Deloitte developed for first-year law firm associates, and will include the following topics: development of business plans; types and sources of financing; capital budgeting; valuation; how to read a financial statement; and the purchase and sale of businesses. The Business Boot Camp is a complement to  and not a substitute for  our many business and tax law courses offerings. Students participating in the Boot Camp do not need a background in finance or business law, as the Boot Camp is designed to help provide that background.

Business Reorganizations

Prerequisite: Debtors' and Creditors' Rights Recommended: Corporations prior to or concurrently

This course concentrates on Chapter 11 of the Bankruptcy Code, dealing with business reorganizations. The course follows a hypothetical Chapter 11 case from commencement to confirmation. The shifting and competing interests of parties to Chapter 11 cases are identified and explored. Students are taught both the techniques and strategies of Chapter 11 practice, as well as the history and philosophy of business rehabilitation.

Grading and Method of Evaluation

Letter grade with pass/fail option. Final exam.

Contracts

This course is concerned with the law governing private agreements. The course deals with how contracts are formed; which contracts are valid and enforceable; what constitutes breach of a contract; and what remedies are available when a contract has been breached. Issues relating to the interpretation of contract language, the role of contracts in a market economy, and the policing of unfair bargains are also explored.

Grading and Method of Evaluation

Letter grade only. Final exam.

Debtors' and Creditors' Rights

This course is an introduction to the law of bankruptcy. It explores the relief available to individual and business debtors in financial distress as well as the remedies available to creditors. The focus is on the federal Bankruptcy Code and state laws governing the enforcement of judgments. Among the topics that may be covered: who is eligible for bankruptcy relief; the nature and scope of the bankruptcy discharge; what property may be claimed as exempt; priorities among creditors; interplay of bankruptcy and non- bankruptcy laws; the role and powers of bankruptcy judges and bankruptcy trustees.

Grading and Method of Evaluation

Letter grade with pass/fail option. Final exam.