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Business Associations

Fundamental Corporate Changes

Fundamental Corporate Changes

Learn about fundamental changes to corporations through amendments to the articles of incorporation, mergers and consolidations, asset sales, or takeovers, along with the doctrine of successor liability and dissenting shareholders’ appraisal rights.


Welcome to our second tutorial on the law of corporations. This clip will focus on fundamental changes to the corporate structure.

We’ll begin with a bit of review regarding the articles of incorporation. Next, we’ll turn to mergers and consolidations. Then, we’ll look at what happens when a corporation sells all of its assets. We’ll consider the rights of creditors following a fundamental change under the doctrine of successor liability. We’ll then define and discuss appraisal rights....