LS4067: CORPORATE FINANCE LAW (2021-2022)

Course Aims

To examine and critically assess key issues in corporate finance law.

Main Learning Outcomes: At the end of the course the student should obtain:

1. An understanding of how the company operates as a vehicle for raising finance;
2. An understanding of the principal sources of equity and debt finance and issues associated with each type of funding;
3. An understanding of the markets in which financing of companies takes place;
4. An understanding of key issues in financial strategy and financial innovation.

Subject-Specific Skills and Concepts

Students will be able to:

1. Differentiate between and use appropriate primary and secondary sources and identify and retrieve up-to-date legal information using relevant sources;
2. Use recognised methods of citation;
3. Use sources to support arguments and conclusions;
4. Recognise, analyse, and rank arguments and evidence in terms of relevance and importance by managing a volume of legal sources and selecting key material to construct written or oral answers to a legal problem;
5. Identify legal problems from information provided;
6. Address problems by reference to relevant material;
7. Bring together, integrate, compare and synthesise information and materials from a variety of different sources, which explore policy and doctrinal issues;
8. Present arguments for and against propositions;
9. Be aware that arguments require to be supported by evidence, in order to meet legal requirements of proof by showing awareness of the need for evidence to support arguments;
10. Apply knowledge and analysis creatively to complex situations in order to provide arguable solutions to concrete problems by presenting a range of viable options from a set of facts and law;
11. Think critically and make critical judgements on the relative and absolute merits of particular arguments and solutions and make choices as to the most preferable;
12. Communicate orally and in writing (and electronically where appropriate) using English language by creating work in a permanent format that is understandable by the intended audience (through submission of, for example, exam answers, essays, and participating in tutorial discussion);
13. Display informed knowledge and understanding of the social, economic, moral and ethical contexts in which law operates by demonstrating legal knowledge in association with related policy, underlying social conditions, professional ethical issues and moral issues.

Key Skills (Transferable)

1. Communicate orally and in writing;
2. Ability to work effectively in small groups to contribute to the group’s task;
3. Ability to work independently, to organise and manage time, stress and effort in performance of tasks;
4. Problem solving skills;
5. Critical analysis;
6. Logical argument;
7. An ability to synthesise and organise complex materials and arguments;
8. With limited guidance act independently, and where appropriate as part of team, in planning and undertaking tasks;
9. Ability to present points and arguments effectively;
10. Effectively use technology in research, writing and presenting;
11. Reflect on own learning and to make use of feedback (formal and informal).

Content:

• Sources of finance available to companies
• Corporate finance and economic crises
• Shares, stock markets and IPOs
• Corporate tax issues
• Debt finance and securitisation
• Secured finance
• Floating charges

Information on contact teaching time is available from the course guide.

More Information about Week Numbers

First Attempt

1500 word essay (30%)

48 Hour Written Exam (70%)

Resit: online exam in 48 hours (100%)

Alternative Resit Arrangements

48 hour written exam (100%)

There are no assessments for this course.