Issues in Company Law
| Code | School | Level | Credits | Semesters |
| LAWW3109 | Law | 3 | 20 | Autumn UK |
- Code
- LAWW3109
- School
- Law
- Level
- 3
- Credits
- 20
- Semesters
- Autumn UK
Summary
This course aims to provide an overview, to discuss, and to analyse critically key issues of corporate law and to raise business awareness. We start with a general background and discussion of different business forms, the formation of companies, the company constitution, and the differences between private and public corporations. We subsequently focus on the consequences of incorporation- the fundamental concepts of corporate personality and limited liability, their limitations and application in both single company and corporate group contexts. Next, we look at rules and challenges concerning corporate acts and liabilities, including the enforcement of contracts entered into by companies, and corporate liability in tort or for criminal offences. Following that, we discuss key duties of directors, including the duty to act within powers, duty to promote the company’s success, duty of care, skill, and independent judgment and duty to avoid a conflict of interest. We then discuss members’ rights and remedies including decision making and company meetings, the unfairly prejudicial remedy, and derivative claims.
Target Students
Only available to UG Final Year students in the School of Law and exchange students hosted by the School of Law.
Classes
This module is taught through a combination of lectures and tutorials.
Assessment
- 100% Exam (3-hour): Electronic examination.
Assessed by end of autumn semester
Educational Aims
To enable students to understand and evaluate critically complex issues pertaining to the formation and operations of companies; to apply the law and solve complex factual problems using the legal knowledge and principles gained in this course; to increase students’ business awareness.Learning Outcomes
Knowledge and Understanding:
Demonstrate knowledge and understanding of key legal rules governing the formations and operations of companies.
Intellectual Skills:
Identify legal issues which arise in the context of carrying on a business through the medium of a company. To state, analyse and apply the relevant legal principles or rules, citing appropriate legal authorities to show critical awareness of areas of uncertainty and lack of clarity in the law.
Professional Practical skills:
The application of legal knowledge in a practical business context.
Transferable Key Skills:
Analysis of complex statutes and judicial formats.