The Fifth Edition has retained many cases from the previous edition, particularly those that teach well. Recent cases have not been substituted for older ones simply because they are newer. A number of changes, however, have been made to reflect new developments. These changes include the approval by NCCUSL of the Uniform Partnership Act (1993); the development and growth of Limited Liability Companies and Limited Liability Partnerships; developments in the area of piercing the corporate veil: tort liability, reverse piercing, and further amendments to the Texas statute; the SEC's so-called Small Business initiative; the American Law Institute's Corporate Governance Project and developments in the law of close corporations.
this book, like all other law school books, is dry, but managable because our 5 week course pairs it with Bainbridge's "Agancy, PArtnerships & LLCs" so the digest of the hamilton book is in bainbridge. Bainbridge = 199 pages, Hamilton = 1,074 pages. I read and highlight bainbridge then slam through Hamilton like a free burrito at a carnival will your digestive track. Seems to be working, final is 6/26/08 so... we shall see.
Ha! This is what I SHOULD be currently reading, but somehow it's just not that appealing. I try, but each time I sit down to read, it's a struggle to get through the 40 pages of reading my professor likes to assign. Arghhh! Just seven more weeks of class to go...