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LS553M: EQUITY FINANCE LAW (2022-2023)

Last modified: 02 Nov 2022 15:00


Course Overview

This course will explore issues within the law of equity finance, mainly focused on the laws of the UK but also with references to different legal systems. It will provide students with a wider and deeper understanding of various equity finance issues that are crucial to the law of corporate finance.

Course Details

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

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

  • Any Postgraduate Programme
  • Law (LS)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

This course will cover a number of topics of particular relevance to the law of equity finance. The content of the course will include the following:

  • Share capital: this will involve consideration of what share capital is and how it may be utilised for the purpose of raising finance for a company. It will also include examination of various different types of share available and the rights that may be attached to shares.
  • Issues in the ownership of companies: there will be exploration of certain issues involving the ownership of companies. This will include consideration of transparency matters regarding company owners, the nature and role of trusts in the ownership structure of companies and the extent to which restrictions are, and should be, placed upon the ownership and control of companies.
  • Stock markets and IPOs: there will be consideration of the concept of stock markets and what purpose they serve. There will be a focus on how public companies raise finance on the stock markets, with particular reference to initial public offerings of shares. In addition, attention will be paid to liabilities that may arise for misleading statements in the context of an IPO.
  • Mergers and takeovers: attention will be paid to legal issues arising in the context of one company merging with or acquiring another company. There will be discussion of why these situations may arise, the ways in which they can be given effect to legally and relevant regulatory matters.

Insider dealing and securities fraud: this will include discussion of what insider dealing is, the historical position regarding the regulation of insider dealing and what constitutes an offence under the current law. There will also be consideration of the wider notion of securities fraud, especially market abuse.


Contact Teaching Time

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

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 31 August 2023 for 1st half-session courses and 22 December 2023 for 2nd half-session courses.

Summative Assessments

Online Exam

Assessment Type Summative Weighting 70
Assessment Weeks 40,41,42 Feedback Weeks 43,44,45

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Feedback

Feedback will be provided in accordance with Law School Policy

Learning Outcomes
Knowledge LevelThinking SkillOutcome
ConceptualUnderstandTo obtain knowledge and understanding of various aspects of equity finance law, with reference to the UK and beyond.
ProceduralCreateTo develop and enhance key legal and transferable skills, including argumentation, communication, critical analysis and problem solving.
ProceduralEvaluateTo determine the most appropriate legal approaches or solutions within the context of equity finance scenarios.

Essay

Assessment Type Summative Weighting 30
Assessment Weeks 31 Feedback Weeks 34

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Feedback

Feedback will be provided in accordance with Law School Policy

Word Count 1500
Learning Outcomes
Knowledge LevelThinking SkillOutcome
ConceptualUnderstandTo obtain knowledge and understanding of various aspects of equity finance law, with reference to the UK and beyond.
ProceduralCreateTo develop and enhance key legal and transferable skills, including argumentation, communication, critical analysis and problem solving.
ProceduralEvaluateTo determine the most appropriate legal approaches or solutions within the context of equity finance scenarios.

Formative Assessment

There are no assessments for this course.

Resit Assessments

Resit Failed Elements in same format

Assessment Type Summative Weighting 100
Assessment Weeks Feedback Weeks

Look up Week Numbers

Feedback

if due to extenuating circumstances.

Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
ProceduralCreateTo develop and enhance key legal and transferable skills, including argumentation, communication, critical analysis and problem solving.
ConceptualUnderstandTo obtain knowledge and understanding of various aspects of equity finance law, with reference to the UK and beyond.
ProceduralEvaluateTo determine the most appropriate legal approaches or solutions within the context of equity finance scenarios.

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