Due to the structure and complexity of world corporate finance in such a globalized economy, mergers and acquisitions (M&A's) have become a common practice between companies who seek to expand and maximize their profit and which currently face diverse financial adversities.  In the first session on this topic, James J. Hanks, Jr. speaks about M&A's from an American perspective.  He begins by explaining key concepts regarding takeovers and several views that exist regarding these types of corporate practices, presently.  He also explains the different ways a company can be combined under the law of the United States, including benefits and issues each option provides.  Using examples from different states and cases, he explains basic American corporate law and its role in M&A's.  Finally, amongst other important topics, he speaks about the internal, legal and financial processes that these fusions must surpass in order to succeed and consolidate themselves in much stronger financial institutions.