Postgraduate - UnitLAW7277 - Advanced corporations law

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

Level	Postgraduate
Faculty	Faculty of Law
Offered	City (Melbourne) Trimester 1 2012 (Day) City (Melbourne) Trimester 2 2012 (Day) City (Melbourne) Trimester 3 2012 (Day)

Notes

For postgraduate Law discontinuation dates, please see http://www.law.monash.edu.au/current-students/postgraduate/pg-disc-dates.html

Synopsis

Internal governance:

Company organs and division of power
Board of directors and the general meeting.

Duties and liabilities of officers:

Overview of directors' duties; duties of care, skill and diligence and the statutory duty to prevent insolvent trading
Duty to act bona fide in the interests of the company as a whole
Duty to exercise powers for proper purposes and to retain discretions
Duty to avoid a conflict between personal interest and duty to the company
Consequences of breach of duty and relief from liability

Members' Remedies:

Overview of shareholders' remedies; shareholders' derivative actions 9.Shareholders' personal actions 10.Winding up and oppression

Outcomes

Students who successfully complete this unit will have:

knowledge and understanding of the internal governance of corporations, directors' duties and members' remedies
knowledge and understanding of legislation and policy in these areas of corporate law
an ability to think critically about the impact of these concepts, principles, legislation and policy on the social and economic context in which they operate
an ability to apply these concepts principles, legislation and policy to hypothetical fact situations
the opportunity to conduct independent research in corporate law and for the results of that research to form a substantial proportion of the assessment for the subject.