Course Title: Principles of Company Law

Part A: Course Overview

Course Title: Principles of Company Law

Credit Points: 12.00


Course Coordinator: Dr Aaron Lane

Course Coordinator Phone: -

Course Coordinator Email: aaron.lane@rmit.edu.au

Course Coordinator Location: Building 13

Course Coordinator Availability: By appointment


Pre-requisite Courses and Assumed Knowledge and Capabilities

Enforced Prerequisites:
054012 Becoming a Lawyer in a Globalised World
054017 Contract Law


Course Description

This course introduces you to the fundamental legal principles governing a company in Australia. The course covers the company as the predominant form of corporate structure for businesses and non-profit organisations. The course content follows the “lifecycle” of a company using various case studies to provide historical and economic context. The course begins by considering the legal significance of incorporation (including internal rules and contractual powers), then examines the legal issues in managing a company as a going concern (including corporate finance, corporate governance and directors’ duties, and shareholders’ remedies), before finally considering insolvency and the various external administration processes.


Objectives/Learning Outcomes/Capability Development

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Course Learning Outcomes

Upon successful completion of this course, you will:

CLO1: Critique the broad theoretical basis of company law and its social, historical and global context; 

CLO2: Identify the different types of companies; 

CLO3: Demonstrate understanding of incorporation, its uses and consequences; 

CLO4: Analyse and apply how companies incur civil and criminal legal obligations and liabilities; 

CLO5: Critique the governance of companies including the duties of directors and officers and the rights and remedies available to members; 

CLO6: Demonstrate understanding of how companies are financed; 

CLO7: Identify the options available to an insolvent company; 

CLO8: Critique the role of the corporate regulator in regulating companies and their directors and officers.

 


Overview of Learning Activities

To achieve the objectives this course requires you to participate in various learning activities. These activities comprise of lectures, tutorials, self-directed learning, participation through in-class and online activities, legal writing exercises, research and analysing specific information to solve legal problems, collaborating with peers on set tasks or projects, and a final examination.


Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Canvas. The lecture notes and tutorial notes are posted on Canvas.

Resources are also available online through RMIT Library databases and other facilities. Visit the RMIT library website for further details. Assistance is available online via our chat and email services, face to face at our campus libraries or via the telephone on (03) 9925 2020.

Additions resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period.


Overview of Assessment

Assessment Task 1: 20%

Linked CLOs: 1, 2, 3

Assessment Task 2: 30%

Linked CLOs: 4, 5, 8

Assessment Task 3: 50%

Linked CLOs: 1, 2, 3, 4, 5, 6, 7, 8