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Last modified: 14 Aug 2020 16:15

Course Overview

This is a compulsory law course for the LLM/MSc in Corporate Finance. It will provide a grounding for those who are new to law (including corporate finance law), while also offering deeper understanding to those who have previously studied law. The course will focus on key areas related to the specific field of corporate finance law in order to assist students with their studies in related courses. The course will principally focus on the laws of the UK (including English law and Scots law, where appropriate) but will also feature a notable comparative law element.

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
  • Dr Alisdair Macpherson

What courses & programmes must have been taken before this course?

  • Any Postgraduate Programme
  • Either Master Of Science In Corporate Finance And Law or Master Of Laws In Corporate Finance And Law

What other courses must be taken with this course?


What courses cannot be taken with this course?


Are there a limited number of places available?


Course Description

This course serves as an introduction to corporate finance law. It will cover a number of topics of particular relevance to the subject. The content of the course will include the following:

  • Sources of law and legal systems: this will involve consideration of relevant legal sources, such as national legislation, cases, academic writings, international treaties and EU law. Attention will also be paid to different legal systems and how these compare and contrast to one another. The place of corporate finance law in these systems will also be considered.
  • Law of obligations: there will be discussion of fundamental aspects of the various parts of the law of obligations, including contract law, delict/tort and unjustified enrichment. The relevance of contract law to corporate finance will be explored.
  • Company law: attention will be paid to corporate vehicles, especially companies, with reference to corporate theory, the nature of companies and their operation and how they may seek to raise finance.
  • Property law: there will be consideration of the nature of property, classifications of property and what roles it serves in the context of corporate finance transactions.
  • Commercial law: this will incorporate analysis of various facets of commercial law applicable to corporate finance law, such as sale of goods, rights in security and the law of insolvency.

Contact Teaching Time

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

Teaching Breakdown

  • 1 Seminar during University weeks 8, 10, 12, 14, 16
  • 1 Tutorial during University week18

More Information about Week Numbers

In light of Covid-19 and the move to blended learning delivery the assessment information advertised for courses may be subject to change. All updates for first-half session courses will be actioned no later than 1700 (GMT) on 18 September 2020. All updates for second half-session courses will be actioned in advance of second half-session teaching starting. Please check back regularly for updates.

Summative Assessments

Group Presentation (15%)

Individual reflective assignment in 750 words (10%)

Exam (75%)


Resit: 48 hours online exam

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
ConceptualUnderstandTo obtain knowledge and understanding of various areas of substantive law relevant to corporate finance law.
ProceduralEvaluateTo determine how different types of substantive law may be utilised (or otherwise apply) in the context of corporate finance scenarios.
ProceduralCreateTo develop and enhance key legal and transferable skills, including argumentation, communication, critical analysis and problem solving.

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