2008-10-06
NYU Law

NYU Law


LL.M. NEW YORK

Corporation Law

Professor William Allen, Director
Professor Stephen Choi, Director
 

The LL.M. in Corporation Law is designed primarily for applicants who earned their first degree in law from a non-U.S. law school. This program is offered on a full-time basis only beginning in the Fall semester.

The program leading to the Master of Laws (LL.M.) in Corporation Law is aimed primarily at international students seeking an intensive one-year program of academic training in the legal regulation of U.S. and global business activity. The program is built around a rigorous and broadly based curriculum that starts with a required course in U.S. corporation law and includes an exceptionally rich array of courses in finance, bankruptcy, securities regulation, and numerous specialized seminars. For those with a special interest in finance or international business a limited number of credits can be taken in the world-renowned departments of finance or international business of New York University's Leonard N. Stern School of Business. Maximum flexibility for students to design their own course of study within the broad area of relevant courses is afforded by the program.

Detailed Requirements

Corporations (L03.2010)
All International LL.M. students in the Corporate Law Program who have not taken a course in Corporation law in a common law country must register for Corporations (L03.2010) for either 4 or 5 credits. International LL.M. students may choose either the 4 or 5 credit course to satisfy this Corporation Law Program requirement. International LL.M. students in the Corporation Law Program are prohibited from registering for the three-credit U.S. Corporate Law and Theory (L03.4602) since this course is intended for students in other LL.M. programs.

International LL.M. Corporate students must register for Corporations (L03.2010) by selecting from sections 006, 007, 008, 009 or 010 depending upon preference and schedule. Please note that the name of the professor, course description, date, time, and location are the same for both J.D. and LL.M. students. In order to ensure enrollment in a Corporations course, students should list all sections in the lottery in order of preference.

Therefore, students must enter the section and lottery number with one of the following:
L03.2010.006 Corporations - Allen - Lottery # 20512
L03.2010.007 Corporations - Kahan - Lottery # 20513
L03.2010.008 Corporations - Slain - Lottery # 20514
L03.2010.009 Corporations - Miller- Lottery # 21012

Core Business Courses 
All students must enroll in at least 4 credits within this group:

•   Accounting for Lawyers (L03.3001)
•   Corporate Finance (L03.3020)
•   Mergers and Acquisitions (L03.3043)
•   Survey of Securities Regulation (L03.3040)

Related Courses
All law school courses related to legal regulation of business activity, which include:

•    All courses and seminars designated L03 (except for Contracts L03.2001)

•    Advanced Corporate Tax Problems (L11.3055)

•    Alternative Dispute Resolution (L09.3523)

•    Antitrust in High-Tech Industries (L12.3526)

•    Antitrust: International and Comparative Economic Development and Globalization (L12.3543)

•    Antitrust and Intellectual Property Rights (L12.3519)

•    Antitrust Issues in the Distribution of Goods and Services (L12.3015)

•    Antitrust Law (L12.3020)

•    Antitrust Law and Economics (L12.3506)

•    Antitrust and Regulatory Alternatives I and II (L12.3022/23)

•    Business Crime (L04.3051)

•    Chinese Business Law (L05.3074)

•    Conflict of Laws (L09.3010)

•    Copyright Law (L12.3001)

•    Corporate Tax l & ll (L11.3080)

•    Corruption and Corruption Control (L04.3515)

•    Economic Analysis of Law (L06.3020)

•    Entertainment Law: Deals & Negotiations (L12.3535)

•    European Competition Law and Economics (L05.3079)

•    European Union: Economic Law (L05.3013)

•    Evidence (L09.2010)

•    Foreign Investment: Law and Policy (L05.3594)

•    Income Taxation (L11.2001)

•    Intellectual Property and Globalization Seminar (L12.3522.001)

•   International and Regional Trade Law: The Law of the WTO (L05.3049.001)

•   International Commercial Arbitration (L05.3554)

•    International and Comparative Competition Policy (L12.3543)

•    International Economic Transactions (L05.3017)

•    International Intellectual Property Law (L12.3003)

•   Law and Economics Colloquium (L06.3531.001)

•   Law, Economics, and Politics Colloquium (L06.3531)

•   Negotiation (L09.3545)

•   Patent Law I (L12.3010)

•   Real Estate Deals (L10.3036)

•   Real Estate Financing (L10.3513)

•   Real Estate Transactions (L10.3035)

•   Structure and Financing of Corporate Transactions (L11.3507)

•   Taxation of Affiliated Corporations (L11.3002)

•   Taxation of Business Conduits (L11.3050)

•   Trademarks (L12.3002)

The following courses are highly recommended for a strong background in Corporation Law for international students:

•    Accounting for Lawyers (L03.3001.001/2)

•    Corporate Finance (L03.3020.001)

•    Corporate Tax l & ll (L11.3081.001/2/3)

•    Mergers & Acquisitions (L03.3043.001/2)
 
Stern Business Courses
All graduate-level Stern courses may count towards the 21-credit Corporation requirement. Stern School of Business preferential courses are listed online. Please note that students may not take more than 6 credits through Stern. In order to be eligible to sit for the bar exam, 20 semester hours of credit must be in professional law subjects, and the credits must include basic courses in American law. Stern cross-listed courses do qualify within the 20 credits.
Please note that Stern Business classes do not qualify within the 20 credits, with the exception of cross-listed courses indicated by the footnote "z" on the schedule of classes.

Please note that the Stern course Corporate Finance is recommended only for students with a strong background in mathematics and requires permission from the instructor in order to register.

Students must submit the Request to Register for Non-Law School Graduate-Level Course form to register for Stern courses that are not cross-listed.

No Writing Requirement
There is no writing requirement for this program, but it is recommended that you take at least one seminar that offers a writing opportunity.

Corporations (L03.2010) as a prerequisite/corequisite 
For International LL.M. students registering for Corporations, please note that this course serves as a corequisite for any course requiring Corporations as a prerequisite. This information is not specifically listed in each course description. When registering for a course that has Corporations as a prerequisite, a prerequisite warning message will appear in Albert. If students have registered for L03.2010, they should disregard this warning.

Prospective students should direct their inquiries to the Office of Graduate Admissions.


Eligibility and Admission Standards

Standards of Admission

LL.M. and Executive LL.M. Programs 
Admission to the Graduate Division for all LL.M. programs and the Executive LL.M. in Taxation is highly selective and is based primarily upon prior legal studies. Standards of admission are equal across all specializations and for study in New York City, in Singapore, and online. For the Fall 2008 semester, the Law School received more than 2,000 applications for full-time programs for a New York City class of about 425 students, and a Singapore class of approximately 50 students. Though there are no inflexible rules about class rankings or grade point averages, those admitted have excellent law school records and strong academic and/or professional recommendations. Evidence of significant professional accomplishment is also taken into consideration.

Checklists 

Master of Laws (LL.M.) Applicants 
All materials for application to the LL.M. programs in New York City and Singapore, including the online application and application fee, must be submitted by the appropriate deadline (please refer to When to Apply).

  • NYU School of Law Graduate Online Application
    - submitted electronically
  • Application fee ($75)
    - submitted electronically with a major credit card (preferred)
    or by mail with Payment Identification Form
  • Official transcripts of all law degrees and translations
    - submitted to the LSAC Credential Assembly Service
    (required for international students) or NYU School of Law
  • Official TOEFL score report
    - submitted to the LSAC Credential Assembly Service (institution code: 8395)
    or NYU School of Law (institution code: 2599)
  • Letter(s) of recommendation
    - submitted electronically (preferred) or by mail
  • Personal statement
    - electronically attach to the online application
  • Résumé
    - electronically attach to the online application
  • Hauser Global Scholarship and Singapura Scholarship essays (if applicable)
    - electronically attach to the online application
  • Transitional Justice Scholar Program essay (if applicable)
    - electronically attach to the online application

Personal Statement and Résumé
All applicants must electronically attach to the online application a brief statement of no more than 500 words. You may describe your professional interests and goals or, since the Committee on Graduate Admissions does not grant interviews, you may use the statement to describe aspects of yourself and/or your work that are not apparent from your other application materials. You should include your reasons and qualifications for applying for a particular program or specialization. All applicants must also electronically attach a résumé to their application; it may be one to two pages in length.

Applicants to the part-time LL.M. in Taxation, the E-LL.M., or the A.P.C. in Taxation, who additionally received their first degree in law from a U.S. or Puerto Rican law school may submit a personal statement, but are not required to do so.

Recommendations

We strongly prefer that your recommender submit his or her recommendation using the NYU School of Law online recommendation service because this allows faster processing of your application. Please read the instructions available on the online application carefully so that you may advise your recommender appropriately regarding the completion of an electronic recommendation. Recommenders using the online recommendation service must submit their letters in English. If the recommendation is submitted electronically, kindly instruct your recommender not to mail a duplicate copy to our office.

Alternatively, the recommender may attach his or her letter to the recommendation form and return the form to you in a sealed envelope. Ask your recommender to sign across the seal of the envelope to ensure confidentiality.  If a translation is required, the certified translator may break the recommender’s seal for translation purposes, and then should seal the original recommendation and certified translation in a second envelope and sign across the seal. Applicants should not break the seal on the envelope, rather, it should be forwarded to the Office of Graduate Admissions. If your recommender prefers to send the letter directly to the Law School, he or she may do so.

Whether submitted electronically or by mail, all recommendations must be submitted by the appropriate application deadline. Applicants will be able to confirm the receipt of a letter of recommendation that is submitted through the NYU School of Law online recommendation service. Given the large volume of mail received, we unfortunately are unable to confirm the receipt of a letter of recommendation sent through the mail.

LL.M. and E-LL.M. Programs
One academic letter of recommendation is required for application the full-time LL.M. program, the part-time LL.M. program, and the E-LL.M. program. You may submit only one additional academic or professional letter if you wish to do so.

Applicants to the part-time LL.M. in Taxation program or the E-LL.M. program, who additionally received their first degree in law from a U.S. or Puerto Rican law school, may submit a letter of recommendation, but are not required to do so.

Transcripts

Original, official transcripts issued from the degree-granting institution for all law degrees conferred or in progress are required. Foreign applicants must provide original, certified translations if the official transcripts are not in English.

The transcript form should be given to the registrar at your law school(s) who should return the form and transcript to you in a sealed envelope with a signature across the seal. If a translation is required, the certified translator may break the registrar’s seal for translation purposes, and then should seal the original, official transcript, and certified translation, in a second envelope and sign across the seal. Under no circumstances should an applicant break any seal on an envelope to be submitted for application.

Transcripts from undergraduate colleges and graduate programs other than law may be submitted but are not required.

LSAC Credential Assembly Service 
The Committee on Graduate Admissions requires that applicants with foreign legal education credentials use the Law School Admission Council’s (LSAC) Credential Assembly Service. The service assists with the processing of applications by collecting, authenticating, and distributing credentials in an electronic report to all the schools to which an applicant applies. For registration information, visit www.llm.lsac.org. The registration fee for the LSAC Credential Assembly Service is $185; this fee permits you to request that your report be sent to five schools, with the option to purchase additional reports, and your credentials will be kept on file for five years.

Applicants using the LSAC Credential Assembly Service do not need the NYU School of Law transcript form. These applicants must submit their official transcripts (and certified translations, if required) and documentation of class rank directly to LSAC by the appropriate application deadline.

LL.M. applicants with foreign education credentials wishing to be considered exclusively for NYU@NUS, or for both locations of study, may use the LSAC Credential Assembly Service. However, because of time constraints, we recommend that these applicants instead send the transcript form, official transcripts (and translations, if required) and documentation of class rank directly to the Office of Graduate Admissions.

NYU School of Law is unable to provide a reduction of the fee for the LSAC Credential Assembly Service. Those applicants with foreign education credentials for whom the fee represents a significant financial burden may submit the transcript form, official transcripts (and translations, if required) and documentation of class rank directly to the Office of Graduate Admissions.

The LSAC Credential Assembly Service is not available for applicants whose first degree in law is from a U.S. or Puerto Rican law school. These applicants should submit the transcript form, official transcripts (and translations, if required) and documentation of class rank directly to the Office of Graduate Admissions.

Rank in Class
If you attended a school that releases information about class rankings, please ensure that your registrar includes that information with your transcript. Where class rank is not available, your law school should submit an explanation of its grading system and the guidelines or regulations that govern it and attest that the school does not rank its students. In addition to these documents, applicants must calculate the grade point average and provide a class rank for each law degree in order to submit the online application. Self-Reported Transcript In addition to the official transcript(s) described above, an optional Self-Reported Transcript section is available on the online application for applicants to complete. Applicants who choose to self-report should record all grades received for courses that are counted toward completion of their first law degree.

Self-Reported Transcript
In addition to the official transcript(s) described above, an optional Self-Reported Transcript section is available on the online application for applicants to complete. Applicants who choose to self-report should record all grades received for courses that are counted toward completion of their first law degree.

If there is additional information that you believe will be helpful to the Committee on Graduate Admissions to evaluate your academic credentials which is difficult to include in the online application format, please feel free to electronically attach an addendum. Please complete the Self-Reported Transcript to the best of your ability.

In order to make the process more efficient and to facilitate timely decisions, the Committee on Graduate Admissions will use this data to begin the review of applications.

Applicants who complete the Self-Reported Transcript must submit official transcripts and certified translations by the appropriate application deadline because no decision will be made final until the self-reported transcripts have been determined accurate by comparison to the official transcripts. Intentional misrepresentation or omission on the self-reported transcript may result in the revocation of an admission offer or dismissal from the Law School.

Test of English as a Foreign Language (TOEFL) 
Applicants whose first law degree program was not taught in English must take the TOEFL. Applicants whose law degree program was taught in English but the school is located in a country where English is not the primary language, must take the TOEFL.

You should request that the Educational Testing Service (ETS) send your TOEFL score report directly to LSAC Credential Assembly Service (institution code 8395), and it will be reported in your credential evaluation. Applicants not using the LSAC CAS, such as NYU@NUS applicants or those with a law degree from a Puerto Rican law school, should request that ETS send their TOEFL Score Report directly to NYU School of Law (institution code: 2599). Under no circumstances may an applicant submit a score report directly to the Law School; only official reports issued by ETS are acceptable. Please do not send photocopies or examinee copies because they are not permitted, such copies will not expedite the review of your application.

For the paper-based TOEFL, a total score of at least 600 with minimum scores of 60 in each of the three sections (listening comprehension, structure and written expression, vocabulary and reading comprehension) is required for consideration. Applicants who take the computer-based TOEFL must achieve a minimum total score of at least 250 and minimum scores of 25 on each of the subsections. Applicants taking the Internet-based TOEFL (iBT) are required to achieve a minimum total score of at least 100, a minimum score of 26 on the reading and listening subsections, and a minimum score of 22 on the writing subsection. Because the speaking subsection is unique to the iBT, we do not set a minimum score for this subsection. However, the Committee on Graduate Admissions will look for scores of at least 22. The Test of Written English (TWE) portion of the TOEFL is also recommended.

There is no conditional admission status for applicants who do not achieve the minimum standard.

J.S.D. applicants must present scores substantially higher than the minimum.

Applicants are advised to take the TOEFL as early as possible. LL.M. applicants wishing to be considered exclusively for NYU@NUS, or for both locations of study, should take the TOEFL no later than mid-October. All other applicants should take the TOEFL no later than Novemb


Submitting Your Materials

Applicants to the LL.M. program in either Singapore or New York City and applicants to the J.S.D. program must use the NYU School of Law Graduate Online Application (application fee: $75).

We prefer that the application fee be paid online using either an American Express, Discover, MasterCard, or Visa credit card. However, if you are unable to pay your application fee online, you may mail your fee with the Payment Identification Form (accessible from the online application) using an international money order, or check drawn on a U.S. bank, payable to New York University in U.S. dollars. Do not send cash or traveler's checks.

LL.M. and J.S.D. applicants are required to submit the personal statement and resume via electronic attachment to the online application. LL.M. applicants to the Hauser Global Scholarship, the Singapura Scholarship, and/or the Transitional Justice Scholars Program must also electronically attach the required essay(s) to the online application. J.S.D. applicants must electronically attach the proposal of study to the online application. Additionally, all applicants have the option of using the online recommendation service.Please do not mail paper copies of electronically submitted materials to the Office of Graduate Admissions. Such duplicate submission of materials only slows down the admissions process for all applicants.

The Committee on Graduate Admissions requires that applicants with foreign legal education credentials use the Law School Admission Council’s (LSAC) Credential Assembly Service. The service assists with the processing of applications by collecting, authenticating, and distributing credentials in an electronic report to all the schools to which an applicant applies. For registration information, visit www.llm.lsac.org. The registration fee for the LSAC Credential Assembly Service is $185; this fee permits you to request that your report be sent to five schools, with the option to purchase additional reports, and your credentials will be kept on file for five years.

Applicants using the LSAC Credential Assembly Service do not need the NYU School of Law transcript form. These applicants must submit their official transcripts (and certified translations, if required) and documentation of class rank directly to LSAC by the appropriate application deadline.

LL.M. applicants with foreign education credentials wishing to be considered exclusively for NYU@NUS, or for both locations of study, may use the LSAC Credential Assembly Service. However, because of time constraints, we recommend that these applicants instead send the transcript form, official transcripts (and translations, if required) and documentation of class rank directly to the Office of Graduate Admissions.

NYU School of Law is unable to provide a reduction of the fee for the LSAC Credential Assembly Service. Those applicants with foreign education credentials for whom the fee represents a significant financial burden may submit the transcript form, official transcripts (and translations, if required) and documentation of class rank directly to the Office of Graduate Admissions.

The LSAC Credential Assembly Service is not available for applicants whose first degree in law is from a U.S. or Puerto Rican law school. These applicants should submit the transcript form, official transcripts (and translations, if required) and documentation of class rank directly to the Office of Graduate Admissions.

All correspondence sent via regular postal service or international mail:

Office of Graduate Admissions
P.O. Box 904
New York, NY 10276-0904

All correspondence sent via an express or special mail service requiring signature: 

Office of Graduate Admissions
245 Sullivan Street, 3rd Floor
New York, NY 10012





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