LC7022 - Corporate Law and Practice (2016/17)
| Module specification | Module approved to run in 2016/17 | ||||||||
| Module title | Corporate Law and Practice | ||||||||
| Module level | Masters (07) | ||||||||
| Credit rating for module | 13.5 | ||||||||
| School | Guildhall School of Business and Law | ||||||||
| Total study hours | 120 | ||||||||
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| Assessment components |
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| Running in 2016/17(Please note that module timeslots are subject to change) | No instances running in the year |
Module summary
This module focuses on advising the corporate client on fund raising, acquisitions and joint ventures and becoming and operating as a public company.
Prior learning requirements
Stage 1
Module aims
This module aims to equip students to act as a trainee solicitor for corporate clients on fund raising, acquisitions and joint ventures and becoming and operating as a public company.
Syllabus
Corporate fund raising,
Acquisitions and joint ventures
Becoming and operating as a public company.
Learning and teaching
8 one-hour tutor led sessions and 8 two-hour student led sessions . The tutor led sessions are one week ahead of the student led sessions to allow students time for reflection.
Learning outcomes
At the end of an elective, successful students, under appropriate supervision, should be able in the context of the area of corporate law and practice to:
- demonstrate their knowledge and understanding and employ the applicable skills in corporate law and practice
- use the legal knowledge, skills, procedures and behaviours appropriate to each client and each corporate transaction
- identify the overall nature of the corporate transaction, then plan and progress that transaction through a series of steps and decisions including, where appropriate, drafting documentation
- identify the client's goals and alternative means of achieving those goals, and deal appropriately with client care
- investigate and identify the relevant facts, research and identify the relevant corporate legal issues, and advise the client on the legal consequences
- recognise and act within the rules of professional conduct
- identify the client’s reasonable expectations as to quality and timeliness of service
Element 1 – Fund Raising
Students should be able to:
- identify the funding options available
- be able to identify and advise on the legal issues relevant to each funding option
Element 2 – Acquisitions and Joint Ventures
Students should be able to:
- Appreciate the difference between an acquisition of shares and an acquisition of a business/assets
- Appreciate the types of vehicle available to parties to a joint venture and the factors influencing choice of vehicle
- Analyse facts, identify issues and apply the relevant law in a transaction-based context
- Advise the client on the various documents relevant to an acquisition or a joint venture, and understand the procedure to be complied with
- Draft the documents necessary to progress and complete a transaction on a client’s behalf
Element 3 – Becoming and Operating a Public Company
Students should be able to:
- Understand the concept of securities and appreciate the various ways in which securities can be listed
- Analyse facts, identify issues and advise the client on possible courses of action
- Understand the process, procedure and documentation relevant to an offering of securities
- Advise the client on the law relating to corporate governance and, in particular, its role in relation to public companies
- Understand the mechanics of the takeover process.
Assessment strategy
The assessment is an open book exam with advance disclosure of documents and is of a transactional nature. This form of assessment is designed to replicate practice and enable students to demonstrate the application of legal principles in a realistic, practical context.
Bibliography
College of Law manual and Weblearn.