LL4G8       Half Unit     
Law of Corporate Finance A

This information is for the 2011/12 session.

Teacher responsible

Dr Eva Micheler, NAB 7.35

Availability

For LLM, MSc Law and Accounting and other Master's level students with permission.

Course content

The course examines the private law rules governing how companies raise finance. The issues covered include e.g. capital structures, identifying and protecting shareholder rights, issuing shares, initial legal capital and alternatives, dividends, reduction of capital and share buy-backs, reform and moving to a solvency test, property rights in shares and financial assistance. The course will focus on English law, but will also look at other legal systems in particular at German law.

Teaching

Two-hour weekly lecture and fortnightly one-hour back up classes in MT.

Formative coursework

Students will have the opportunity to write a formative essay for each of the classes.  All students are strongly encouraged to write at least one essay. 

Indicative reading

Gower and Davies, Principles of Modern Company Law, 8th edition, 2008, part 2, 6 and 7; Eilis Ferran, Principles of Corporate Finance Law, 2008, chapters 1-13.

Assessment

Students taking Law of Corporate Finance A are required to sit one 2 hour examination in the summer term.

Students taking both LL4G8 Law of Corporate Finance A and LL4K8 Law of Corporate Finance B are required to sit one 3 hour examination in the summer term: LL437 Law of Corporate Finance.

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