This unit of study considers the legal structure of the corporation as an organisational form for both public and proprietary companies. It is designed as an introduction to both the general law of corporations and the Australian regulatory context. The focus of this unit is on the nature of the corporation, the regulation of its operations and financing, and its governance structure. The unit covers issues such as the implications of the company as a separate legal entity, power to bind the company, duties of directors, shareholders rights and remedies, corporate fundraising and regulating the market for corporate securities. Students will be required to evaluate critically existing corporate law and reform proposals, with particular reference to legislative policy and underpinning theory.
2x2hr seminars/week for 10 weeks (daytime stream), 1x3hr seminar/wk fo 13 weeks (evening stream)
Compulsory interim exam (20%) and final 3hr open-book exam (80%)
LAWS2003 or LAWS2014