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PODCAST

Organized: The Business Law Breakdown

bizlawbreakdown

Organized: The Business Law Breakdown simplifies complex legal principles to make business law accessible to everyone. Hosted by Professor Seth C. Oranburg, this podcast uses real-world cases and practical contract law strategies to help business professionals, lawyers, and students master the essentials of business law. Each episode breaks down legal concepts with engaging discussions, real-world applications, and pop culture references—covering everything from the fundamentals of contracts to

business courses

All Episodes

05:48

Agency Law – Episode 6: Agency Estoppel and Ratification

Organized: The Business Law Breakdown ·

2025/03/19

In this episode, Professor Seth C. Oranburg examines the doctrines of estoppel and ratification in agency law. He explains how estoppel protects third parties who reasonably rely on a principal’s conduct—creating an appearance of authority—even when an agent lacks formal authorization. In contrast, Professor Oranburg shows how ratification occurs when a principal later approves an agent’s unauthorized actions, thereby binding themselves to those actions as if they had been authorized from the

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04:56

Agency Law – Episode 5: Notice of Termination of Agency

Organized: The Business Law Breakdown ·

2025/03/12

In this episode, Professor Seth C. Oranburg delves into the critical process of notifying third parties when an agency relationship ends. He explains that while an agent’s actual authority ceases upon termination, apparent authority may persist until third parties are properly informed. Professor Oranburg outlines the legal distinctions between direct and constructive notice, emphasizing the practical steps principals must take—such as sending personal notifications or updating public information—to

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06:40

Agency Law – Episode 4: Termination of Authority

Organized: The Business Law Breakdown ·

2025/03/05

In this episode, Professor Seth C. Oranburg explores how agency relationships come to an end and the legal consequences that follow. He explains the various ways an agency relationship can terminate—whether by mutual agreement, by fulfilling its purpose, through revocation or renunciation, or automatically by operation of law. Professor Oranburg highlights the critical distinction between the cessation of actual authority and the persistence of apparent authority, emphasizing the importance of

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06:10

Agency Law – Episode 3: Fiduciary Duties in Agency Law

Organized: The Business Law Breakdown ·

2025/02/26

In this episode, Professor Seth C. Oranburg examines the core fiduciary duties that underpin agency law. He explains how an agent’s legal obligation to act loyally, with care, obedience, and full disclosure ensures that the principal’s interests always come first. Through clear examples and key quotations from the Restatement (Third) of Agency, Professor Oranburg demonstrates how these duties maintain trust and accountability within the principal-agent relationship—and what happens when they are

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08:06

Agency Law – Episode 2: Authority of Agency

Organized: The Business Law Breakdown ·

2025/02/19

In this episode, Professor Seth C. Oranburg delves into the critical concept of authority in agency law. He carefully distinguishes between actual authority—both express and implied—and apparent authority, which is defined by the reasonable beliefs of third parties based on a principal’s conduct. Through clear examples and key quotations from the Restatement (Third) of Agency, Professor Seth C. Oranburg demonstrates how these forms of authority can legally bind a principal and explores the potential

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05:58

Agency Law – Episode 1: Introduction to Agency Law

Organized: The Business Law Breakdown ·

2025/02/12

In this episode, Professor Seth Oranburg introduces the fundamentals of agency law—the fiduciary relationship where one party (the agent) acts on behalf of another (the principal). Discover how trust, control, and mutual consent form the backbone of this essential business concept, and explore real-world examples that illustrate the legal obligations and boundaries within agency relationships. Tune in for a clear, engaging primer that sets the stage for a deeper dive into the nuances of authority in

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01:02:41

Tornetta v. Musk and the Future of Corporate Law...

Organized: The Business Law Breakdown ·

2024/12/19

In this episode of Organized, Professor Seth Oranburg is joined by UCLA Law Professor Stephen Bainbridge, one of the nation’s foremost corporate law theorists, and Case Western Reserve Professor Anat Alon-Beck, a leading expert on corporate governance, to unpack Tornetta v. Musk, a case that has sparked debates about power, process, and the future of Delaware corporate law. Elon Musk’s $56 billion compensation package—the largest in corporate history—was struck down by Delaware’s Court of Chancery

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47:34

Mission Drift: Can OpenAI Ditch Its Non-Profit Status?

Organized: The Business Law Breakdown ·

2024/12/17

Is OpenAI abandoning its roots? Once a mission-driven nonprofit, OpenAI's recent shift toward a for-profit structure has sparked controversy—and a lawsuit from Elon Musk. In this episode of Organized: The Business Law Breakdown, Professor Seth C. Oranburg and special guest Professor Anat Alon-Beck tackle the complex intersection of corporate law, governance, and artificial intelligence. Together, they explore OpenAI's hybrid “capped-profit” model, the blurred lines between public benefit and private

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27:51

Episode 28: Three’s Company – When Contracts Benefit...

Organized: The Business Law Breakdown ·

2024/12/08

Conclude the season by exploring third-party beneficiary contracts, where agreements benefit someone who isn’t a party to the contract. Professor Oranburg examines how and when third parties can enforce contractual rights. You’ll learn about intended vs. incidental beneficiaries and how courts determine third-party rights. Through engaging examples and case studies, understand the implications of creating third-party rights in various contexts, from insurance contracts to construction agreements

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46:21

Tornetta v. Musk – Boardroom Battles, Delaware...

Organized: The Business Law Breakdown ·

2024/12/06

Join Professors Seth Oranburg, Anat Alon-Beck, and Eric Chaffee for a lively discussion Tornetta v. Musk—a case that’s challenging corporate governance norms and sparking debates about Delaware’s future as the corporate capital of America. Is this decision a necessary safeguard for shareholder accountability, or does it risk overreach that could drive businesses away from Delaware? With Anat’s expertise in securities litigation, Eric’s authority on the market for business law, and Seth’s big-picture

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27:47

Episode 27: Imperfect Tender – UCC Warranties

Organized: The Business Law Breakdown ·

2024/12/06

Explore the complex world of warranties in the sale of goods under the Uniform Commercial Code (UCC). Professor Oranburg examines express and implied warranties, including the warranties of merchantability and fitness for a particular purpose. You’ll learn how warranties are created, disclaimed, and modified. Through real-world examples and landmark cases, understand the interplay between warranties and other contract terms. Gain practical knowledge about drafting effective warranty clauses, dealing

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30:04

Episode 26: When Goods Go Bad – UCC Damages

Organized: The Business Law Breakdown ·

2024/12/04

In “UCC Damages – When Goods Go Bad,” we dive into the world of damages under the Uniform Commercial Code. Discover how the UCC balances the interests of buyers and sellers when contracts for goods go awry, and why these rules differ from common law remedies. From the Perfect Tender Rule to the complexities of calculating damages, this episode breaks down key concepts in commercial law. We explore landmark cases and real-world examples to illustrate these principles in action. Whether you’re a law

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35:07

Bonus Episode – Mastering MBE Strategies

Organized: The Business Law Breakdown ·

2024/12/04

In this special bonus episode of Mastering Contracts, we shift our focus from contract law doctrine to the strategies you need to conquer multiple-choice questions on law school exams and the Multistate Bar Exam (MBE). Using contract law as our foundation, Professor Oranburg teaches you how to: Spot the core issue in a question, even when it’s buried in distracting facts. Eliminate incorrect answer choices through strategic reasoning and process of elimination. Recognize exceptions to general rules

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31:22

Episode 25: Equity’s Enforcers – When Money Can’t Buy...

Organized: The Business Law Breakdown ·

2024/12/04

In “Equity’s Enforcers – When Money Can’t Buy Justice,” we explore the world of equitable remedies in contract law. Discover when and why courts might order specific performance or grant injunctions instead of awarding money damages. We break down the landmark Bauer v. Sawyer case, dive into hypothetical scenarios, and even examine how these principles play out in professional sports contracts. Whether you’re a law student, a business professional, or just curious about contract law, this episode

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21:58

Episode 24: Greater Expectations – Alternative Money...

Organized: The Business Law Breakdown ·

2024/12/04

When expectation damages fall short, what other options do courts have? In this episode, we explore alternative money damages in contract law. From reliance damages to punitive and nominal damages, we break down the tools courts use when traditional remedies aren’t enough. We’ll analyze the landmark Copeland v. Baskin Robbins case and how it applies to real-world scenarios, from circus performers to “Shark Tank” deals. Whether you’re a law student, a business professional, or just curious about

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29:27

Episode 23: Show Me the Money – Expectation Damages

Organized: The Business Law Breakdown ·

2024/11/27

Explore the primary remedy for breach of contract: expectation damages. Professor Oranburg delves into how courts calculate damages to put the non-breaching party in the position they would have been in had the contract been performed. You’ll learn about concepts like foreseeability, certainty, and mitigation of damages. Through engaging examples and landmark cases, understand how damages are quantified in different scenarios and the limitations on recovery. Gain practical knowledge about protecting

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33:49

Episode 22: The More Things Change – Modifying...

Organized: The Business Law Breakdown ·

2024/11/26

Dive into the world of contract modifications, exploring how existing agreements can be changed through mutual consent. Professor Oranburg examines the requirements for valid modifications, including consideration in common law and the UCC’s more flexible approach. You’ll learn about the pre-existing duty rule and its exceptions. Through practical examples and landmark cases, understand how to effectively modify contracts, the pitfalls to avoid, and how courts interpret changes to existing

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23:55

Episode 21: Excuse Me - When Non-Performance Is...

Organized: The Business Law Breakdown ·

2024/11/24

Explore the circumstances under which non-performance of contractual obligations may be legally excused. Professor Oranburg examines doctrines such as impossibility, impracticability, and frustration of purpose. You’ll learn how unforeseen events can affect contract performance and when courts will relieve parties of their obligations. Through real-world examples and case studies, understand how these principles apply in various contexts, from natural disasters to changes in law. Gain insights into

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19:33

Episode 20: Here comes Trouble – Anticipatory...

Organized: The Business Law Breakdown ·

2024/11/24

Delve into the concept of anticipatory repudiation, where one party indicates they won’t perform their contractual obligations before performance is due. Professor Oranburg explores how courts determine when a repudiation has occurred and what options are available to the non-breaching party. You’ll learn about adequate assurance of performance and how to mitigate damages in these situations. Through engaging examples and landmark cases, gain practical knowledge about handling potential contract

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01:31:35

Are University Speech Codes Too Restrictive? A...

Organized: The Business Law Breakdown ·

2024/11/23

Join us for a compelling discussion on the boundaries of free speech in higher education. In this episode, Professor Seth Oranburg of UNH Franklin Pierce School of Law and Robert Shibley, a leading advocate for free expression and campus rights from FIRE (Foundation for Individual Rights and Expression), engage in a thought-provoking conversation about the role of universities in fostering intellectual diversity, the impact of speech codes, and the challenges of balancing safety, inclusion, and free

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102 results

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