Students enrolled in Business  Planning can access the course materials from this website.   The Class List will give you the email addresses of other students enrolled in the course.   There are also links to statutes, in-class discussion questions, and other useful resources.   You may print out the  Course  Materials as a Word document with page breaks.  

This course will follow the creation, operation and  reorganization of a closely-held company called, Compu Devices. The course text is a CWB Workbook written by    Dwight Drake on Business Planning, and integrates case study problems written by Andrea Johnson.   The course will be divided up into fourteen modules. Students will work individually and in teams of two  to represent different party interests in each of the modules.  Assignments will be random, based upon student last names. Teams will also be asked to prepare a presentation to their client on a variety of topics, and lead the discussion on in-class problems that will be handed out.

All supplemental handouts or follow-up documents shall be posted  on this site so check it periodically.   I  will attach "New" so that you know something new has been downloaded. There is a discussion list that will send you email messages from Professor Johnson.     

GO TO TWEN COURSE WEBPAGE

 CLASS  LIST & CONTACT INFO         LIBRARY  REFERENCE  

CWB COURSE WORKBOOK               INSTRUCTIONS FOR WORKBOOK 

TIPS TO SOLVE TECHNICAL ISSUES     LIBRARY RESOURCES  POWER POINT

TECHNICAL ASSISTANCE FORM

   MODULE  DESCRIPTIONS

   SYLLABUS                                      

   GRADING POLICY & LEARNING OUTCOMES 

  IN-CLASS DISCUSSION QUESTIONS

  CALIFORNIA  BUSINESS  CODE  SECTIONS

CALIFORNIA  SECURITIES  CODE  SECTIONS

  SAMPLE TERM SHEET

Each lecture will have Power Point slides, which will be posted below after class. Selected  classes will be taped and MP3 slides will also be posted.

Cyber Workbooks: Representing Closely-Held Entities

Outline of Course Modules and Assignments

Module 1: Tutorial to Get Started       Module 1 PPT

            A.  Goals & Learning Outcomes

                        1. Library Resources  -See Power Point

                        2. Skill and Outcomes   

             B.  Overview of Computers   

                        1. Computer Basics             

Module 2: Lawyer’s Role    Module 2  PPT Slides

            A. Code of Professional Responsibility

                        1. As Business Advisors.  

                        2. Ethical Issues  

            B.  Retainer Agreement

                        1. Analyzing Potential Conflicts

                          Handout on Lawyering Skills

                        2. Drafting the Retainer Agreement: Written Exercise 1-(Due  9/13/10  via email or hard copy at the beginning of class)

Module 3. Tutorial on Business Law Basics 

                    Module 3-PPT     

            A.  Different Types of Legal Entities                      

                        1. Partnerships    

                        2.  Corporations  

                        3. Limited Liability Companies  

            B. Business Law Basics 

                        1. Understanding the Deal  

                        2. Tax Basics   

                        3. Tax Planning

Module 4: Choice of Entity Challenge   (

                     Module 4- PPT

            A.  Client Objectives

                        1. Classifying the Business 

                        2. Non-Tax Considerations  

            B. Entity Conversions

                        1.  Partnerships to Corporations

                        2.  Partnerships to LLCs

Module 5: Tax Considerations  

                      Module 5: PPT   Module 5: Tax Problems PPT

            A.   Perks & Traps   

                        1. Corporate Tax Perks

                        2. . Partnership Tax Perks & Traps  

            B.  Planning Strategies

                        1.  Corporate Rules & Traps: Section 351  

                        2.  Partnership Rules & Traps: Section 721   

                        3.  Service & Debt Options  

Module 6: Setting Up the Company  

                       Module 6: PPT

            A. Documenting the Deal   

                        1. Critical Elements

                        2. Ownership Issues  

            C.   Funding the Enterprise

                        1.  The Capital Challenge  

                        2.  Types of Financing Vehicles   

No class 2/18/10

Module 7:  Buy-Sell Agreements 

                        Module 7: PPT      

            A. Primer on Buy-Sell Agreements  

                        1. Overview of Buy-Sell    

                        2.  Common Mistakes   

            B. Professional Service Organizations

                        1.  Transition Planning   

            C. Funding Buy-Sell Agreements

                        1. Funding Strategies  

Module 8: Negotiating the Ownership Agreement   

                       Module 8 & 9: PPT

            A.  Getting to Yes                                          

                        1. Creating a Win-Win Solution

B. Overview of Intellectual Property

1. Copyright

                        2. Patents

Module 9: Drafting the Organizational Agreement  

. A. Outlining the Deal             

                        1. LLC Operating Agreement

                        2.  Shareholder Agreement

             B. Closing the Deal 

                        1.  Drafting a LLC Operating Agreement

                        2.  Drafting a Shareholder Agreement

Written Exercise 2: Operating Agreement/ Shareholder Agreement (Due 11/8/10)

Module 10: In-House Employee Matters 

                        Module 10: PPT

            A. Enterprise Employees        

                        1. Benefits Plan: Leave and Medical       

                        2. Retirement Benefits   

                        3. Case Study: Brand Inc.   

            B. Protecting Employee Rights

                        1. Key Rights.   

                        2. Handbook   

Module 11: Employment Agreement for Key Executive 

                         Module 11: PPT           

            A.  Negotiating the Deal   

                        1. Essential Terms    

                        2. Traps & Mistakes   

            B. Funding Strategies   

                        1. Stock  Equivalency Rights as Compensation    

Module 12: Drafting the Employment Agreement     

                          Module  12: PPT

            A. Assessing the Options   

                        1. Tips on Drafting an Employment Agreement

Written Exercise 3: Key Employment Agreement  (Due 11/29/10)

Module 13: Transactions Between Entities  

                          Module 13 & 14: PPT     Elluminate recording   3/30/10  4/1/10

            A. Assessing Diversification Options  

                        1. Diversification Challenges      Elluminate recording  4/6/10

                        2.  Strategies and Qualifications   

            B. Structuring the Deal

                        1. Asset  and  Stock Sales  

                        2.   Mergers and Reorganizations    

Module 14: Negotiating the Deal      

            A.  Purchase & Sale  Agreement

                        1. Critical Terms    

            B: Drafting a Client Memo

                        1. Understanding the Deal

Written Exercise 4: Client Memo Key (Due 12/13/10)