LAW3010 : Company Law
- Offered for Year: 2018/19
- Module Leader(s): Professor Andrew Griffiths
- Lecturer: Miss Sarah Morley, Dr Abdul Karim Aldohni
- Owning School: Newcastle Law School
- Teaching Location: Newcastle City Campus
|Semester 1 Credit Value:||10|
|Semester 2 Credit Value:||10|
1. To acquire knowledge and understanding of the nature of the general practices of Company Law, and some of its specific 'technical' rules.
2. To analyse and evaluate the knowledge of the law at 1. above.
3. To gain some understanding of how corporate law operates in practice in the commercial world.
Company law in the U.K. is a vast subject. Hence it is not possible to cover all the relevant legislation, nor all the supporting case law; particularly as many overseas jurisdictions have drawn on the English company model and thereby created their own (relevant) solutions to problems which arise within the U.K.
Nonetheless LAW3010 aims to provide an insight into how the legislation works, how it falls to be construed, and how far it succeeds in its actual or apparent aims. Therefore the salient features of the legislation are considered, as is the important case law. Furthermore the course is underpinned by a firm theoretical base, which seeks to put company law and the governance of companies, both here and abroad, into a wider context. Thus by the end of the course students will have a general awareness of the technicalities and theoretical structure of company law; which, whilst self-sufficient, is capable of forming a firm foundation from which to pursue more advanced study.
Outline Of Syllabus
-Forms of business organisation
-Types and Classification of Companies
-Corporate Personality, Corporate Responsibility and Corporate Crime
-Formation and the Constitution of a Company
-Enforcement of the Constitution between Members of Company
-Administration : Meetings, Voting, resolutions (2 Hours)
-Financing: raising capital by issuing shares: Nature of Equity Capital and Shares, Types of Shares and variation of rights.
-Constituting and maintaining the company’s capital
-Company’s Officers: Directors: Role, Appointment, Removal, Duties and Responsibilities: Disqualification of Directors
-Enforcement of Directors’ Duties: Majority Rule and Shareholder Litigation, Minority Shareholder protection
-Insolvency Procedures: Winding-Up: Role and Powers of Liquidator
|Scheduled Learning And Teaching Activities||Lecture||30||1:00||30:00||N/A|
|Scheduled Learning And Teaching Activities||Small group teaching||5||1:00||5:00||N/A|
|Scheduled Learning And Teaching Activities||Drop-in/surgery||1||1:00||1:00||N/A|
|Guided Independent Study||Independent study||1||164:00||164:00||N/A|
Teaching Rationale And Relationship
Lectures establish the framework of knowledge and demonstrate aspects of technique. Seminars allow detailed application of knowledge and technique. The seminars will always require advance preparation. The private study takes the form of directed study following on from lectures and in preparing for seminars. The teaching method promotes knowledge and understanding of the subject matter and allows for the development of the skills of analysis, synthesis, critical judgement and evaluation
The format of resits will be determined by the Board of Examiners
Assessment Rationale And Relationship
The examination provides an important incentive for students to establish a foundation of knowledge in the subject. The unseen examination tests the demonstration of knowledge and understanding in the context of an application of skills that need development over the whole module. The examination provides a means for testing students' ability to analyse, synthesise, deploy critical judgement and evaluate alternative arguments. The examination format promotes the essential need to show relevance, discernment and the ability to distil an analysis and work to a reasoned conclusion. It also allows candidates to demonstrate intended learning outcomes across a broad range of topics within the syllabus.