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Last modified: 31 May 2022 13:05

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?

  • One of Master Of Science In Corporate Finance And Law or Llm In Business Law And Sustainable Development (September Start) or Master Of Laws In Corporate Finance And Law
  • Any Postgraduate Programme

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.

Details, including assessment, may be subject to change until 31 July 2022 for 1st half-session courses and 23 December 2022 for 2nd half-session courses.

Contact Teaching Time

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

Teaching Breakdown

  • 1 Seminar during University weeks 11, 13, 15, 17, 19

More Information about Week Numbers

Details, including assessment, may be subject to change until 31 July 2022 for 1st half-session courses and 23 December 2022 for 2nd half-session courses.

Summative Assessments

First Attempt

Group Presentation (15%)

Individual reflective assignment in 750 words (10%)

48 Hour Written Exam (75%)

Resit: 48 hours online exam

Alternative Resit Arrangements

48 hour written exam (100%)

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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