The course provides students with an understanding of English/common law and commercial law as a whole, while focusing on some particularly important aspects.
The course syllabus includes the following:
- Introduction and Freedom of Contract
Terms and their Interpretation
- Remedies for Breach of Contract
International Commercial Contracts and Arbitration
Exclusion Clauses and Agreed Remedies
- Multi-party Projects: Privity of Contract and Rights of Third Parties
- Long-term Contracts
- Credit and Security
- Financial law (1) Introduction and Derivatives & Loans and Bonds
This intensive course commences with the basic common law principles governing commercial contracts, including the topic of pre-contractual duties and remedies for breach of contract.
The course then considers particular types of transactions in their commercial context including sales, credit and security, syndicated loans, derivatives, multi-party projects, and banking transactions. Aspects of commercial litigation including arbitration will also be considered. These examples are chosen to illustrate the commercial and practical problems arising in different market sectors. A consideration of these paradigms enables an exploration of a wide range of basic principles of law involving contract law, tort law, restitution, and commercial law.
The objectives of the course are that students will become familiar with these basic principles of law, so that they can apply them to a wide range of commercial transactions, in the light of the policy objectives which legal regulation pursues, and with an understanding of the context of commercial transactions in which the law operates.
The School of Law is one of the largest departments at the LSE, and has recently been ranked 7th in the 2014 QS World Law School Rankings. On this three week intensive programme, you will engage with and learn from full-time lecturers from the LSE’s law faculty. LL202 lecturers Professor Michael Bridge, Dr Jo Bratihwaite, Professor Michael Lobban, Dr Solène Rowan and Mr Joseph Spooner teach on a number of our undergraduate and graduate law modules, including: Commercial Contracts, Banking Law, Law of Obligations and Commercial Law.
M. Chen-Wishart, Contract Law, 4th edn (2012) (Abbreviation Chen-Wishart)
R. Goode, Commercial Law, 4th edition, London, Penguin (2010) (Abbreviation: Goode)
H. Beale, W. Bishop, M. Furmston, Contract: Cases and Materials, 5th edn (Oxford, OUP, 2007) (Abbreviation BBF)
*A more detailed reading list will be supplied prior to the start of the programme
**Course content, faculty and dates may be subject to change without prior notice