2020/21 Undergraduate Module Catalogue
LAW2040 Company Law
20 creditsClass Size: 208
Module manager: Dr Suren Gomtsian
Email: S.Gomtsyan@leeds.ac.uk
Taught: Semester 2 (Jan to Jun) View Timetable
Year running 2020/21
Pre-requisite qualifications
LAW1030 ContractLAW1200 Foundations of Law
This module is not approved as a discovery module
Objectives
On completion of this module, students should be able to understand and discuss the main features of the company law of the United Kingdom.Students should be able to understand the ways in which company law balances the interests of the different groups represented within the company and be aware of debates about the suitability of different methods used.
The focus is therefore on the legal nature of the company as a business organisation, the law relating to corporate finance, the relations between the company and third parties, the distribution of power within a company, the duties of directors and other managers and the associated enforcement mechanisms, and the key principles of corporate insolvency law.
Learning outcomes
At the end of this module students should be able to:
- identify and discuss the main features of the company law of the United Kingdom;
- students should be able to explain the ways in which company law balances the interests of the different groups represented within the company and demonstrate awareness of debates about the suitability of different methods used;
- students should be able to evaluate and critically discuss the effectiveness of company law mechanisms, such as parent company liability, the enforcement of the company's constitution, directors' duties, and shareholder remedies, to solve corporate conflicts;
- students should be able to apply these mechanisms to discuss solutions for real-life or hypothetical cases;
- students should also be able to explain the role of corporate governance and discuss recent developments in this field.
Syllabus
The legal nature of companies in the law of the United Kingdom; limited liability and separate personality
The process of incorporation
The corporate constitution
Relations with outsiders
Corporate finance
Corporate governance; the general meeting, appointment, disqualification and duties of directors
Duties of Directors
Shareholder Rights and Remedies
Insolvency
Teaching methods
| Delivery type | Number | Length hours | Student hours |
| Lecture | 24 | 1.00 | 24.00 |
| Seminar | 7 | 1.00 | 7.00 |
| Private study hours | 169.00 | ||
| Total Contact hours | 31.00 | ||
| Total hours (100hr per 10 credits) | 200.00 | ||
Private study
48 hours - 2 hours preparation for each lecture42 hours - 6 hours preparation for each seminar
79 hours - completion of summative assessment and revision for assessment.
Opportunities for Formative Feedback
The formative assessment will be in the form of MCQ organized via Minerva.Methods of assessment
Coursework
| Assessment type | Notes | % of formal assessment |
| Presentation | Seminar assessment | 20.00 |
| Total percentage (Assessment Coursework) | 20.00 | |
Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated
Exams
| Exam type | Exam duration | % of formal assessment |
| Open Book exam | 72 hr 00 mins | 80.00 |
| Total percentage (Assessment Exams) | 80.00 | |
Three week period of time provided to complete the open book assessment.
Reading list
The reading list is available from the Library websiteLast updated: 10/08/2020 09:50:03
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