The Rise of the Uncorporation covers the history, law, and finance of unincorporated firms. These "uncorporations" including general and limited partnerships and limited liability companies, are now the dominant business form of non-publicly-traded firms. Through private equity and publicly traded partnerships, uncorporations have emerged as a significant force in the governance of a wide range of the biggest firms. This is the first general theoretical and practical overview of alternatives to incorporation, including ancillary concepts connected with the evolution of these firms, and analysis of likely future trends in business organization. The Rise of the Uncorporation provides a clear and easily understandable theoretical and practical background to this important subject.
The Rise of Uncorporation delves deeply into business law, the emergency of alternate entities and LLCs while also including references to history of sociology, economics, and business law as appropriate. Ribstein's short, but thorough, essay is an excellent read for anyone interested in this topic particularly as we so often look at this from a legal framework or so solidly entrenched in the contemporary that we forget the social and political framework that contributed to "uncorporation." A useful read.