LL4F4      Half Unit
Takeover Regulation in the UK and the US

This information is for the 2017/18 session.

Teacher responsible

Prof. David Kershaw


This course is available on the MSc in Law and Accounting, Master of Laws and Master of Laws (extended part-time study). This course is available with permission as an outside option to students on other programmes where regulations permit.

This course is capped at 60 students. Students must apply through Graduate Course Choice on LSEforYou.

Course content

This course will look at the regulation of the market for corporate control in the United Kingdom and the United States. The course focuses in particular on the regulation of the bid process and takeover defence regulation in the UK and the US. For a full topic and reading list, see the Moodle web site.


20 hours of seminars in the MT. 2 hours of seminars in the ST.

There will be a Reading Week in week 6 of MT

Formative coursework

1,500 word essay.

Indicative reading

A full reading list will be made available via Moodle at the beginning of the course. Background material can be found in D. Kershaw, Principles of Takeover Regulation (OUP, 2016), R. Kraakman et al, The Anatomy of Corporate Law (2004), Chapter 7; B. Black, The Law and Finance of Corporate Acquisitions (1995); and W. Carney, Mergers and Acquisitions (2003).


Exam (100%, duration: 2 hours, reading time: 15 minutes) in the main exam period.

Key facts

Department: Law

Total students 2016/17: 44

Average class size 2016/17: 22

Controlled access 2016/17: Yes

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Communication
  • Specialist skills