These students are learning corporate law through TV hit ‘Succession’

(Reuters) – An growing old billionaire who heads a media empire is going through major well being problems.

Is he lawfully bound to disclose that to his company’s shareholders?

The circumstance ought to seem acquainted to viewers of “Succession,” the well-known HBO collection that follows fictional media baron Logan Roy and his four little ones as they vie to take around the spouse and children business. It’s also one particular of the plot factors learners dissected in a new course at the University of Virginia College of Legislation that takes advantage of the exhibit to teach things of corporate legislation.

The class – The Corporate Law of HBO’s “Succession” — is a limited 1-credit history program provided right before the normal spring expression starts upcoming 7 days. It extends a trend of educational institutions utilizing pop lifestyle hits like “The Wire,” “Making a Murderer” and even “Battlestar Galactica” to instruct legislation and lawful ethics.

The concept emerged previous summer when Virginia law professor Cathy Hwang experienced lunch with Peter Lyon, a corporate and M&A law firm at regulation company Freshfields Bruckhaus Deringer who teaches a class at the university. Lyon talked about that he was serving as a consultant on the legal aspects of the show’s third year.

“It was like this light bulb minute when we explained, ‘We must train a short class on “Succession!’” Hwang reported in an job interview. “We want pupils to see how these challenges shake out in real life.” (Lyon declined to comment on the course and his operate on the series.)

Pupils who managed to safe a seat in the course were expected to check out the show and assigned reading through on topics that crop up in the sequence, this sort of as mergers, takeovers and corporate bylaws.

In the scenario of Logan Roy’s wellbeing difficulties, learners researched real-environment parallels involving Apple Inc co-founder Steve Employment and previous Viacom Inc chairman Sumner Redstone. They also read from Wilmer Cutler Pickering Hale and Dorr companion and Virginia Legislation alumna Susan Muck, who counsels organizations on disclosure issues.

Hwang claimed she occasionally has M&A learners comply with an actual corporate merger around the study course of a semester, but in this situation working with a tv clearly show was additional compelling.

“Succession is unconventional as a company legislation display, since it is actually fairly precise,” she claimed.

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