This subject provides students with the knowledge of partnership and corporations law that is required for admission to practice as a legal practitioner in Australia. Coverage includes the nature and existence of partnerships; partners&#39; duties; partnership property; relations with outsiders; assignment, retirement, expulsion and dissolution; and limited partnerships. It also provides detailed treatment of the types and formation of corporations; the concept of separate legal entity; share capital and membership; lifting of the corporate veil; basic principles of debt and equity finance (securing debt and raising capital); replaceable rules, corporate constitution and the statutory contract; altering the corporate constitution; powers of the board and the general meeting; meetings and statutory validation; directors&#39; duties; capital maintenance and insolvent trading; members&#39; remedies; corporate authority and the indoor management rule; voluntary administration, receivership and liquidations, as well as data protection.

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60210 Bachelor of Arts - Bachelor of Laws, 60110 Bachelor of Laws (Graduate Entry), 60610 Bachelor of Business - Bachelor of Laws, 60010 Bachelor of Laws, 60009 Bachelor of Laws (Honours), 60510 Bachelor of Science - Bachelor of Laws, 118610 Bachelor of Laws

60210 Bachelor of Arts - Bachelor of Laws, 60110 Bachelor of Laws (Graduate Entry), 60610 Bachelor of Business - Bachelor of Laws, 60010 Bachelor of Laws, 60009 Bachelor of Laws (Honours), 60510 Bachelor of Science - Bachelor of Laws, 118610 Bachelor of Laws Offerings: All

[Pre-requisite] Students must have obtained 30 credit points from any Level 1, Level 2 and Level 3 LA subjects. This equates to 10 subjects in total.

[Pre-requisite] Students must have obtained 30 credit points from any Level 1, Level 2 and Level 3 LA subjects. This equates to 10 subjects in total. Offerings: All

LA3106 - Company and Partnership Law

Company and Partnership Law

Apply knowledge of corporate membership, the process for raising capital, capital maintenance, insolvent trading, voluntary administration, receivership and liquidation

Evaluate the significance of separate legal entity, authority, the indoor management rule and situations in which the corporate veil may be lifted

Define the formation and operation of partnerships and companies (including limited partnerships) including the rights, duties and liabilities of partners and those who deal with them

Critically explain the relationship between the general meeting, the board and corporate management (including director's duties and member's remedies)