Company Law (LAW3043)

StaffMrs Imogen Moore - Convenor
Credit Value30
ECTS Value15
NQF Level6
Pre-requisitesLAW1004 Law of Contract
Co-requisitesNone
Duration of Module Term 1: 12 weeks; Term 2: 11 weeks;

Module aims

The aim of this module is to enable you to gain a detailed understanding and appreciation of many key topics in Company Law and to develop your legal skills of analysis and problem-solving.  Having completed the module you should understand the role of the company as a form of business enterprise and have a thorough knowledge and understanding of the key aspects of its legal regulation.  The module aims to enable you to identify legal issues and problems arising through the life of a company, to consider and analyse areas of legal complexity and advise appropriately on legal resolution of problems.  The module covers topics ranging from the formation of a company, through the administration and management of a company, directors’ duties, shareholder remedies, corporate responsibility, and capital, to insolvency, liquidation and associated liabilities.

ILO: Module-specific skills

  • 1. demonstrate understanding of the role of English company law (hereafter 'company law') and of companies within the English legal and business system;
  • 2. demonstrate detailed knowledge and understanding of the principal features of companies and company law within the key areas of (a) corporate form and structure; (b) ownership and control; (c) duties and remedies; (d) dealings with the outside world; (e) capital; (f) corporate insolvency;
  • 3. identify, explain and critically assess/analyse issues arising in the key areas of company law and identify and apply relevant legal rules to those issues;
  • 4. demonstrate ability to use comprehensive knowledge and understanding to deal with complex issues and problems arising in the key areas of company law, reach appropriate and reasoned conclusions and offer analysis/criticism of legal arguments;

ILO: Discipline-specific skills

  • 5. demonstrate ability to integrate and assess information from primary and secondary legal sources using appropriate interpretative techniques;
  • 6. demonstrate ability to select, integrate and present coherently and reflectively, relevant law and legal/theoretical arguments;

ILO: Personal and key skills

  • 7. demonstrate ability to manage relevant learning resources/ information/ learning strategies and to develop own arguments and opinions with minimum guidance;
  • 8. communicate and engage in debate effectively and accurately in a manner appropriate to the discipline and context; and
  • 9. Demonstrate the ability to work independently, within a limited time frame, with access to external sources, to complete a specified task.

Syllabus plan

It is envisaged that the syllabus will include the following topics in the following order although precise content and order may vary.

Introduction business enterprise and the company

Corporate form and structure: corporate personality and lifting the veil of incorporation; the company’s constitution

Ownership and control: shareholders, directors and decision-making; corporate governance

Duties and remedies: directors' duties; shareholder remedies

Dealing with the outside world:  contractual, tortious and criminal responsibility; corporate social responsibility

Capital: share capital; loan capital

Corporate Insolvency: insolvency and corporate rescue; winding up of companies; liability of directors on insolvent liquidation

Revision session

Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
552450

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Scheduled Learning and Teaching activity4623 x 2 hour Lectures (including introductory and revision sessions)
Scheduled Learning and Teaching activity96 x 1.5 hour Workshops
Guided Independent Study120Individual reading and lecture preparation
Guided Independent Study35Workshop preparation
Guided Independent Study80Assessment preparation
Guided Independent Study10Formative assessment

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Various essay and problem solving questions in workshops (number and type of question will vary according to the workshop)Fortnightly workshops requiring thorough preparation1-8Discussed in workshops; individual students may seek additional feedback if required.
2 x examination practice assignments2 x 1 hour1-8In class feedback; additional feedback available on individual request

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
01000

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Examination (open note)1003 hours1-9Individual consultation meetings with students as required

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Examination (3 hours)Examination (3 hours)1-9August/September assessment period

Indicative learning resources - Basic reading

Indicative basic reading list: 
Hudson, A. Understanding Company Law (Routledge: 2012)

French, D. et al, Mayson,French and Ryan on Company Law (Blackstone Press: 2013) 31st ed,
Hannigan, B., Company Law (OUP: 2012) 3rd ed.

Module has an active ELE page?

Yes

Indicative learning resources - Web based and electronic resources

ELE: http://vle.exeter.ac.uk 
www.companieshouse.gov.uk 
www.dbis.gov.uk

Available as distance learning?

No

Origin date

01/10/1996

Last revision date

28/02/2014

Key words search

Company Law, Company, Law, Companies, Corporate Law, business, corporations, enterprise, entrepreneur, corporate governance, insolvency, liquidation, winding up