LLAW2323 Corporate Law

2020

4.5

1 x 2-hour workshop weekly
1 x 1-hour on-line lecture weekly

1 Admission into BLAWLPR-Bachelor of Laws and Legal Practice
1a Admission into BLAWLPRG-Bachelor of Laws and Legal Practice (Graduate Entry)
1b Admission into BLAWLPRH-Bachelor of Laws and Legal Practice (Honours)
1c Admission into BLAWLPRGH-Bachelor of Laws and Legal Practice (Graduate Entry) (Honours)
1d Admission into BLAWSH-Bachelor of Laws (Honours)
1e Admission into BLAWS-Bachelor of Laws
1f Admission into BLLAW-Bachelor of Laws
1g Admission into BLLAWH-Bachelor of Laws (Honours)
1h Admission into BLLAWFP-Bachelor of Laws - City Campus
1i Admission into BLLAWHFP-Bachelor of Laws (Honours) - City Campus
1j Admission into CLAWBU-Bachelor of Laws/Bachelor of Business - City Campus
1k Admission into CLAWIR-Bachelor of Laws/Bachelor of International Relations and Political Science - City Campus
1l Admission into CLAWIT-Bachelor of Laws/Bachelor of Information Technology - City Campus
1m Admission into CLAWAC-Bachelor of Laws/Bachelor of Accounting - City Campus
1n Admission into CLAWCR-Bachelor of Laws/Bachelor of Criminology - City Campus
1o Admission into CLAWHIR-B Laws (Hons)/B Intl Relations and Political Science
1p Admission into CLAWHIT-B Laws (Hons)/B Information Technology
1q Admission into CLAWHAC-B Laws (Hons)/B Accounting
1r Admission into CLAWHCR-B Laws (Hons)/B Criminology
1s Admission into CLAWHBU-B Laws (Hons)/B Business
2 1 of LLAW1311, LLAW1213
3 1 of LLAW1312, LLAW1211
Must Satisfy: ((1 or 1a or 1b or 1c or 1d or 1e or 1f or 1g or 1h or 1i or 1j or 1k or 1l or 1m or 1n or 1o or 1p or 1q or 1r or 1s) and 2 and 3)

1 of LLAW2224, LLAW3211 has been successfully completed

Assignment(s), Examination(s)

This topic provides an introduction to the regulation and operation of companies in Australia and to the key alternative structures relied upon for commercial activity (including partnerships, associations and sole trading). Company formation, the internal regulation of companies and company relations with outsiders are also considered. Key issues such as directors' duties, members’ remedies and winding up are covered in this topic as well as day-to-day issues of corporate functioning. Ethical considerations in relation to company operations and the practice of corporate law, as well as the practice of law more generally, also form part of this topic.

This topic aims to:

• Give students an introductory understanding of structures relied upon for commercial activity

• Develop students’ understanding of the operation of company law in Australia, with specific reference to:
  • corporate personality

  • the incorporation process

  • the corporate constitution

  • company relations with outsiders, including company contracts and corporate liability for wrongs

  • administration of companies and management of the business of companies

  • duties and liabilities of directors and officers

  • share capital and membership

  • members’ remedies

  • company credit and security arrangements

  • winding up of companies

• Develop students’ skills in relation to good drafting of letters of advice

• Develop students’ skills in relation to statutory interpretation

• Raise students' ethical awareness of the practice of company law in Australia and be able to detect ethical issues in the context of modern corporate law practice in Australia.

On completion of this topic students will be expected to be able to:

1. Describe, explain, and critically analyse and apply legal principles that apply to corporations

2. Identify and articulate complex legal issues in the context of corporate law

3. Recognise, and develop ability to respond to, ethical issues likely to arise in professional contexts

4. Apply legal reasoning and research to generate appropriate jurisprudential and practical responses to legal issues

5. Communicate in ways that are effective, appropriate and persuasive for legal and non-legal audiences.