LAW7277

Advanced corporations law (6 points)

(LAW)

Leader: Professor Dimity Kingsford Smith, Mr John Duns

Offered:
City T3-58 2003 (Off-campus)
City T3-58 2004 (Off-campus)

Synopsis: Internal governance: 1.Company organs and division of power 2.board of directors and the general meeting. Duties and liabilities of officers: 3.Overview of directors' duties; duties of care, skill and diligence and the statutory duty to prevent insolvent trading 4.Duty to act bona fide in the interests of the company as a whole 5.Duty to exercise powers for proper purposes and to retain discretions 6.Duty to avoid a conflict between personal interest and duty to the company: 7. Consequences of breach of duty and relief from liability Members' Remedies: 8.Overview of shareholders' remedies; shareholders' derivative actions 9.Shareholders' personal actions 10.Winding up and oppression

Assessment: Assignment: 40% Take-home examination: 60%

Contact Hours: 2 hour seminar per week