LLH305 Corporate Law

Unit synopsis

Corporate law examines the laws and regulations relevant to registered companies. Knowledge of corporate law is required for admission to legal practice.

Faculty
Faculty of Law
Study area
Law and justice
Credit points
12

Dates and locations

Teaching period Locations
Summer, 2017 (Block)
20 November 2017 - 16 February 2018
  • Gardens Point
Summer, 2017
20 November 2017 - 16 February 2018
  • Gardens Point (External)
Semester 2, 2018
23 July 2018 - 16 November 2018
  • Gardens Point
  • Gardens Point (External)

Fees

Commonwealth supported place (CSP) student contribution amount
2017: $1,324
2018: $1,368
Domestic fee-paying student fee
2017: $2,400
2018: $2,532
International student fee
2017: $3,348
2018: $3,480

Guide to fees

Commonwealth supported place (CSP) student contribution amount
For Australian citizens, permanent visa holders and permanent humanitarian visa holders, and New Zealand citizens who study this unit:
  • as part of a QUT course and are eligible for a Commonwealth supported place (CSP)
  • as a cross-institutional student who has a Commonwealth supported place at their home university.
Domestic fee-paying student fee
For Australian citizens, permanent visa holders and permanent humanitarian visa holders, and New Zealand citizens, who study this unit:
  • as part of a QUT course and are not eligible for a Commonwealth supported place (CSP)
  • as part of a QUT course during Summer Semester
  • as a cross-institutional student who does not have a Commonwealth supported place at their home university
  • as a single-unit study student.
International student fee
For international students who study this unit:
  • as part of a QUT course
  • as part of our study abroad or exchange programs
  • as a cross-institutional student.

Previous study requirements

Prerequisites
( LLB204 and LLH201) or LWB244
Anti-requisites
LWB334

Guide to previous study requirements

Prerequisites
To enrol in this unit, you must have completed these prerequisite units (or have credit, advanced standing or exemption for them), or be able to demonstrate that you have equivalent background knowledge.
Anti-requisites
You can’t enrol in this unit if you have completed any of these anti-requisite units.
Co-requisites
To enrol in this unit, you must have already completed these co-requisite units, or you must enrol in them at the same time.
Equivalents
You can’t enrol in this unit if you have completed any of these equivalent units.
Assumed knowledge
We assume that you have a minimum level of knowledge in certain areas before you start this unit.

Summer Semester details

Dates
20 November 2017 - 16 February 2018
Class days
This unit will be taught in intensive/block mode. Timetable information will be available in HiQ by October.
Fee type
Tuition Fee
Restrictions
The unit is available to QUT, visiting and cross institutional students.
Notes
This is a summer tuition fee unit at the undergraduate level. Standard tuition fees apply. Eligible students may apply for FEE-HELP in eStudent, including Cross Institutional and QUT students in a Commonwealth supported place who are required to pay tuition fees.

Coordinator

Name
Danielle Bozin
Email
danielle.bozin@qut.edu.au
Phone
3138 1604

Rationale

People who wish to embark on a commercial venture may choose from a range of forms of legal organisations provided by the legal system. A competent commercial lawyer or business person needs to be aware of the legal principles pertaining to one of the more important types of organisations, namely, the registered company. Corporate Law is designed to provide you with knowledge and understanding of the key legal principles and policy issues relevant to registered companies. This unit is a compulsory area of study in the law degree and is required for admission as a legal practitioner.

Aims

This unit aims to:

· provide students with knowledge of key corporate law principles, and
· assist you to apply the legal research skills developed in LLH201 Legal Research and LLH206 Administration Law.

Learning outcomes

At the completion of this unit you should be able to:

1. construct arguments, synthesising the law and policy, to critically analyse complex corporate problems and communicate arguments and reasoning appropriately (Course Learning Outcomes 1.1, 2.1, 2.2, 2.3, 4.1)
2. interpret and explain relevant provisions of corporate legislation and demonstrate an awareness of the various contexts in which the law operates (CLOs 1.1, 1.4), and
3. research a complex corporate law problem or issue by selecting the appropriate methodology and using a range of legal resources to complete a research project within a set time frame (CLOs 3.1, 3.2, 3.3, 3.4).

Content

The content of this unit includes:

· the context of Australian corporations law
· the incorporation process
· the corporate constitution
· corporate personality
· administration of companies and management of the business of companies
· duties and liabilities of directors and officers
· company's dealing with outsiders
· members remedies
· basic principles of corporate funding, and
· winding up of corporations.

Approaches to teaching and learning

The teaching and learning approach in this unit is blended, comprising online content delivery for independent, flexible learning and face-to-face tutorials that facilitate the practice of applying the law to fact scenarios, and developing skills in legal problem solving, statutory interpretation and research.

Student learning is supported with online materials to provide feedback on the understanding of the principles and skills of the unit.

The research project assessment instrument and unit teaching affords students an opportunity to learn and apply the principles of project management. Students are also referred to commercial contexts and need to apply critical thinking as well as creative problem-solving.

Assessment items

Name #1: Literature review
DescriptionStudents will undertake research in relation to a complex corporate law problem. The literature review will identify the objective of the research and evaluate the material/authorities found in relevant primary and secondary resources. Word limit: 1000 words.
Weighting10%
Due dateTBA
Internal or externalBoth
Group or individualIndividual
Relates to learning outcomes3
Name #2: Research project
DescriptionIn this paper, students will communicate the outcome to the complex corporate law problem that formed the basis of the Literature Review in the required format and in the appropriate style. Word limit: 2500 words.
Weighting40%
Due dateTBA
Internal or externalBoth
Group or individualIndividual
Relates to learning outcomes1-3
Name #3: Examination
DescriptionAn open book exam that may examine all topics of the unit.
Weighting50%
Due dateSummer Exam Period
Internal or externalBoth
Group or individualIndividual
Relates to learning outcomes1-2

Academic integrity

QUT is committed to maintaining high academic standards to protect the value of its qualifications. To assist you in assuring the academic integrity of your assessment you are encouraged to make use of the support materials and services available to help you consider and check your assessment items. Important information about the university's approach to academic integrity of assessment is on your unit Blackboard site.

A breach of academic integrity is regarded as Student Misconduct and can lead to the imposition of penalties.

Resource materials

Prescribed
J Harris, A Hargovan and M Adams, Australian Corporate Law (LexisNexis Butterworths, 5th ed, 2016)
Corporations Act 2001 (Cth)

Recommended
C Anderson, J Dickfos, M Nehme, M Hyland and A Dahdal, Corporations Law (LexisNexis Butterworths, 4th ed, 2013)
P Lipton, A Herzberg and M Welsh, Understanding Company Law (Lawbook Co, 18th ed, 2015)

Risk assessment statement

There are no unusual risks in this unit.

Rationale

People who wish to embark on a commercial venture may choose from a range of forms of legal organisations provided by the legal system. A competent commercial lawyer or business person needs to be aware of the legal principles pertaining to one of the more important types of organisations, namely, the registered company. Corporate Law is designed to provide you with knowledge and understanding of the key legal principles and policy issues relevant to registered companies. This unit is a compulsory area of study in the law degree and is required for admission as a legal practitioner.

Aims

This unit aims to:

· provide students with knowledge of key corporate law principles, and
· assist you to apply the legal research skills developed in LLH201 Legal Research and LLH206 Administration Law.

Learning outcomes

At the completion of this unit you should be able to:

1. construct arguments, synthesising the law and policy, to critically analyse complex corporate problems and communicate arguments and reasoning appropriately (Course Learning Outcomes 1.1, 2.1, 2.2, 2.3, 4.1)
2. interpret and explain relevant provisions of corporate legislation and demonstrate an awareness of the various contexts in which the law operates (CLOs 1.1, 1.4), and
3. research a complex corporate law problem or issue by selecting the appropriate methodology and using a range of legal resources to complete a research project within a set time frame (CLOs 3.1, 3.2, 3.3, 3.4).

Content

The content of this unit includes:

· the context of Australian corporations law
· the incorporation process
· the corporate constitution
· corporate personality
· administration of companies and management of the business of companies
· duties and liabilities of directors and officers
· company's dealing with outsiders
· members remedies
· basic principles of corporate funding, and
· winding up of corporations.

Approaches to teaching and learning

The teaching and learning approach in this unit is blended, comprising online content delivery for independent, flexible learning and face-to-face tutorials that facilitate the practice of applying the law to fact scenarios, and developing skills in legal problem solving, statutory interpretation and research.

Student learning is supported with online materials to provide feedback on the understanding of the principles and skills of the unit.

The research project assessment instrument and unit teaching affords students an opportunity to learn and apply the principles of project management. Students are also referred to commercial contexts and need to apply critical thinking as well as creative problem-solving.

External students are supported with an External Attendance School midway through the semester.

Assessment items

Name #1: Literature Review
DescriptionStudents will undertake research in relation to a complex corporate law problem. The literature review will identify the objective of the research and evaluate the material/authorities found in relevant primary and secondary resources. Word limit: 1000 words.
Weighting10%
Due dateWeek 4
Internal or externalBoth
Group or individualIndividual
Relates to learning outcomes3
Name #2: Research Project
DescriptionIn this paper, students will communicate the outcome to the complex corporate law problem that formed the basis of the Literature Review in the required format and in the appropriate style. Word limit: 2500 words.
Weighting40%
Due dateWeek 8
Internal or externalBoth
Group or individualIndividual
Relates to learning outcomes1-3
Name #3: Examination
DescriptionAn open book exam that may examine all topics of the unit.
Weighting50%
Due dateCentral exam period
Internal or externalBoth
Group or individualIndividual
Relates to learning outcomes1-2

Academic integrity

QUT is committed to maintaining high academic standards to protect the value of its qualifications. To assist you in assuring the academic integrity of your assessment you are encouraged to make use of the support materials and services available to help you consider and check your assessment items. Important information about the university's approach to academic integrity of assessment is on your unit Blackboard site.

A breach of academic integrity is regarded as Student Misconduct and can lead to the imposition of penalties.

Resource materials

Prescribed
J Harris, A Hargovan and M Adams, Australian Corporate Law (LexisNexis Butterworths, 5th ed, 2016)
Corporations Act 2001 (Cth)

Recommended
C Anderson, J Dickfos, M Nehme, M Hyland and A Dahdal, Corporations Law (LexisNexis Butterworths, 4th ed, 2013)
P Lipton, A Herzberg and M Welsh, Understanding Company Law (Lawbook Co, 18th ed, 2015)

Risk assessment statement

There are no unusual risks in this unit.

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Single-unit study

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Cross-institutional study

You can apply to study this unit for credit towards a course at another university

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