Company law
Mr Abe Herzberg
6 points * Two 1-hour lectures and one 1-hour tutorial per week * Second semester * Clayton * Prohibition: completion of a Faculty of Law subject in company law.
Objectives On completion of this subject students should be able to recognise the significance of companies as entities for carrying on business; understand and be able to identify, use and evaluate how legislation and case law affects the internal and external regulation of companies; have developed a critical interest in corporate law reform.
Synopsis This subject involves an introductory study of the law regulating companies in Australia. Topics may include the Corporations Law scheme; the role and functions of the Australian Securities Commission; the characteristics of a company and the concept of limited liability; the effect of incorporation; the corporate constitution; the company's relationship with outsiders; share and loan capital; regulation of public fund raising; duties of directors, officers and promoters; rights of members and minority shareholder protection; takeover regulation; the various forms of corporate insolvency administrations, particularly as they affect creditors, officers and shareholders.
Assessment Written (2000 words): 20% * Examination (3.5 hours - includes 0.5 hours for reading and note taking): 80%
Prescribed texts
Corporations Law
Lipton P and Herzberg A Understanding company law latest edn, Law Book Co