Commercial Law

  • Summer schools
  • Department of Law
  • Application code SS-LL202
  • Starting 2018

The course provides students with an understanding of English/common law and commercial law as a whole, while focusing on some particularly important aspects.

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. 

Session: One
Dates: 18 June - 6 July 2018
Dr Solène Rowan
Dr Andrew Summers
Dr Nick Sage
Professor Michael Lobban
Dr Joseph Spooner
Dr Paul MacMahon


Programme details

Key facts

Level: 200 level. Read more information on levels in our FAQs

Fees:  Please see Fees and payments

Lectures: 36 hours 

Classes: 18 hours

Assessment*: One examination and one essay

Typical credit**: 3-4 credits (US) 7.5 ECTS points (EU)

*Assessment is optional

**You will need to check with your home institution

For more information on exams and credit, read Teaching and assessment


Introduction to legal methods or equivalent

Programme structure

  • Introduction and Freedom of Contract
  • Terms and their Interpretation
  • Remedies for Breach of Contract
  • International Commercial Contracts and Arbitration
  • Pre-contractual Duties
  • Sales Law
  • 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. 

Course outcomes

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. 


LSE Law has excelled once again in the UK’s nationwide assessment of research quality, impact and environment. The Research Excellence Framework results published in December 2014 show that LSE Law is the UK’s number one law school for legal research.

The 2015 QS World University faculty rankings for Law also place the LSE in the world’s top ten for the subject, making it London’s best Law School.

On this three week intensive programme, you will engage with and learn from full-time lecturers from the LSE’s law faculty. 

Reading materials

Reference Texts:

M. Chen-Wishart, Contract Law, 5th edn (2015) (Abbreviation Chen-Wishart)

R. Goode, Commercial Law, 5th edition, London, Penguin (2017)

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

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