Chris Bradley on Business Entities as Skeleton Keys

In this episode, Christopher G. Bradley, Assistant Professor of Law at the University of Kentucky College of Law, discusses his new article "Business Entities as Skeleton Keys." Bradley explains how business entities can enable contracting parties to achieve goals that contracts prohibit. He begins by describing the Artist's Contract, a form contract created in 1971, and intended to enable artists to contract for resale royalties in their works. He observes that contract and copyright doctrine make the Artist's Contract unenforceable, but explains how artists can use LLCs or other business entities to achieve a result that contract law prohibits. He discusses some other contexts in which LLCs could be used in the same way, and reflects on whether and when parties should be able to use business entities to avoid legal doctrines. Bradley is on Twitter at @cgbradley14. Hosted on Acast. See acast.com/privacy for more information.