Leader: Elizabeth Boros/John Howe
City T2-58 2006 (Day)
City T3-58 2006 (Day)
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
Objectives: Students who successfully complete this course will have: (1) knowledge and understanding of the internal governance of corporations, directors' duties and members' remedies; (2) knowledge and understanding of legislation and policy in these areas of corporate law; (3) 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; (4) ana bility to apply these concepts principles, legislation and policy to hypothetical fact situations; (5) 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.
Assessment: Assignment: 40% Examination: 60%
Contact Hours: 2 hour seminar per week x 12 weeks