LC7027 - Advanced Business Law and Practice (2016/17)
| Module specification | Module approved to run in 2016/17 | ||||||||
| Module title | Advanced Business 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 commercial clients in a partnership, company procedural and European competition context.
Prior learning requirements
BLP
Module aims
This module aims to equip students to act as a trainee solicitor for commercial clients in a partnership, company procedural and European competition context
Syllabus
Partnership law
Company Procedure
EC Competition law
Learning and teaching
8 one-hour tutor led sessions and 8 two-hour student led sessions. The TLS are one week ahead of the SLS 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 advanced business law and practice to:
- demonstrate and build on their business knowledge and understanding and employ the applicable business skills in a partnership, company procedural and European competition context
- use the legal knowledge, skills, procedures and behaviours appropriate to each business client and each business 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 business 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 – Partnership Relations
Students should be able to:
- outline how partners manage their business in terms of their financial stake(s), decision-making and strategic planning;
- advise on the law relating to partners' duties, liabilities and authority.
Element 2 – Company Procedure
Students should be able to:
- advise on issues relating to the maintenance of capital, financial assistance and transfer of shares;
- identify appropriate sources of finance (e.g. debentures) for companies and to understand the procedures required to introduce such finance;
- explore an alternative framework to implement company transactions and construct a checklist for company procedures;
- draft a notice to convene a company meeting, an agenda for a company meeting, minutes of a company meeting, and resolutions;
- identify the Companies House forms to be filed in certain transactions;
- participate in a board meeting and in a members’ meeting.
Element 3 – European Competition Law
Students should be able to:
- advise on the application of Article 101 TFEU to a horizontal agreement and outline how Article 101 TFEU is administered;
- apply the legal principles of Article 101 TFEU and the Vertical Block Exemption;
- advise on the application of Article 102 TFEU.
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. Students are given a formative assessment and receive examiners' guidance.
Bibliography
College of Law Business Law and Practice Manuals and weblearn.