Module Code - Title:
LA4530
-
COMPANY LAW 1
Year Last Offered:
2025/6
Hours Per Week:
Grading Type:
Prerequisite Modules:
Rationale and Purpose of the Module:
Currently, the School of Law delivers two modules called Law of Business Associations 1 and 2. The name Law of Business Associations is outdated and cumbersome. The two new modules being created will keep the content of the Law of Business Associations modules but will use the more commonly used name of Company Law. It will be to the advantage of students, and professional bodies and employers with which they deal, as the term Company Law bears the more commonly used term for the study of this area of law.
Syllabus:
The aim of the module is to equip the student with an understanding and knowledge of the basic principles and rules of Irish company law, including ; the concept of separate legal personality and exceptions thereto, corporate contracts, the nature of shares in private companies limited by share, the rights of shareholders, the remedies available to shareholders, the role of share capital and issues surrounding corporate borrowing and security. The policy reasons for individual rules are explained and the aim is to assist the students' understanding of company law, as well as to facilitate knowledge of those technical rules.
Learning Outcomes:
Cognitive (Knowledge, Understanding, Application, Analysis, Evaluation, Synthesis)
On successful completion of this module, a student will be able to:
Identify the advantages and disadvantages of incorporating a business
Specify the requirements for incorporation
Outline the contents of the constitutional documents of a company
Critique the limits on the rights of shareholders
Critique the remedies and recourses available to oppressed shareholders
Identify the circumstances in which the law will ignore the separate legal personality of the company Differentiate the various grounds for attribution of mens rea to a company
Outline the requirements which apply surrounding the offer of shares to the public
Identify the circumstances in which the law will deem a contract to be outside the powers of the company
Specify the requirements of a valid loan agreement entered into by a company
Identify the types of security a company can grant over its assets
Affective (Attitudes and Values)
N/A
Psychomotor (Physical Skills)
N/A
How the Module will be Taught and what will be the Learning Experiences of the Students:
Research Findings Incorporated in to the Syllabus (If Relevant):
Prime Texts:
Keane R. (2000)
Company Law, 4th ed.,
, Wiltshire, Lexis Nexis Butterworths
Courtney T. (2002)
The Law of Private Companies 2nd ed
, Wiltshire, Lexis Nexis Butterworths
Forde M. and Kennedy H (2007)
Company Law
, Cornwall, Thomson Round Hall
Other Relevant Texts:
Ellis H. (2001)
Modern Irish Company Law
, Cornwall, Jordan Publishing Ltd
Callanan G. (2007)
An Introduction to Irish Company Law, 3rd ed.
, Dublin:
Gill and Macmillan
Programme(s) in which this Module is Offered:
Semester(s) Module is Offered:
Module Leader:
Sinead.Eaton@ul.ie