Company Law LAW4005

  • Academic Session: 2023-24
  • School: School of Law
  • Credits: 20
  • Level: Level 4 (SCQF level 10)
  • Typically Offered: Semester 1
  • Available to Visiting Students: Yes

Short Description

To build on the Business Organisations course and to provide a more detailed examination of particular areas of Company Law, the legal organisation of business structures and the controls placed thereon and to examine elements of corporate finance and corporate insolvency.


10 seminars of 2 hours each.

Requirements of Entry

This course is only available to LLB students (and visiting law students).


A pass in Business Organisations is required.


If the course is oversubscribed, places, in the first instance, will be allocated according to performance in Business Organisations.

Excluded Courses





Course Outline Blocks:

BLOCK 1 (Seminars 1-6): Introduction and general principles of company law

BLOCK 2 (Seminars 7 and 8): Corporate Finance

BLOCK 3 (seminars 9 and 10): Insolvency Law


Two Summative Essays:


One on introduction and general principles of company law (Block 1). This will count 50% and will be in the form of a problem question.

The second one dealing with corporate finance or insolvency (Block 2 or 3). This will count 50% and will be in the form of an essay question (get 2 options, must do 1).


2500 words each.

Are reassessment opportunities available for all summative assessments? Not applicable for Honours courses

Reassessments are normally available for all courses, except those which contribute to the Honours classification. Where, exceptionally, reassessment on Honours courses is required to satisfy professional/accreditation requirements, only the overall course grade achieved at the first attempt will contribute to the Honours classification. For non-Honours courses, students are offered reassessment in all or any of the components of assessment if the satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for undergraduate students and grade C3 for postgraduate students. Exceptionally it may not be possible to offer reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted towards the final course grade. Any such exceptions for this course are described below.

Course Aims

The aim of this course is to provide students with an opportunity for analysis and comment on the purpose and effectiveness of selected legal rules in the area of company law.


The course also enhances the developing skills of legal research, reasoning, analysis and interpretation involved in the use of source material.

Intended Learning Outcomes of Course

By the end of this course students will be able to be:

· Detailed understanding of issues relevant to company law relating to all three blocks dealt with in this course, namely the introduction and general principles of company law, insolvency law and corporate finance

· Be able to explain, discuss and apply the structure, principles and rules of company law

· Analysis and discussion of current developments and reform initiatives in company law

· Be able to discuss and apply corporate finance principles

· Be able to discuss and apply insolvency rules and principles

· Able to use and analyse original sources like legislation and case law, but also able to incorporate and evaluate secondary sources such as academic commentary in journal articles

Minimum Requirement for Award of Credits

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.