BL9303
Corporate Finance Law
Course Description and Scope
This course builds on principles covered in AC 208 – Company Law. The focus is on key corporate law
issues surrounding securities regulation, corporate finance and restructuring with particular emphasis
on listed companies. We will be exploring some issues covered in the Company Law course in greater
depth and will also be looking at additional matters surrounding how companies operate in the context
of the capital markets, focusing on corporate fund-raising, securities offerings and takeovers and
mergers.
Accounting and business professionals working in sectors like audit, corporate advisory and
administration, corporate finance, banking and finance, investment banking and venture capital are
likely to encounter issues covered in the course.
Course Learning Objectives
•
•
•
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To understand how the company may be used as a fund-raising vehicle.
To understand the legal issues associated with, and the law relevant to corporate fundraising
activity with the focus on equity funding.
To understand the legal and regulatory framework and environment surrounding the securities
industry and markets vis-à-vis corporate securities.
To understand the legal issues and regulatory framework surrounding corporate restructuring
and takeovers.
Course Assessments
Components
Class Participation
Project
Examination
Total
Marks
20
20
60
100
Textbooks
There is no Basic Text for this course. Required readings will come from various sources and other
reference material which will generally be made available either via Edventure or in the form of printed
handouts. Students will also be referred to selected chapters of various texts which are available in the
library.
Proposed Weekly Schedule
Seminar
1A
1B
Topic
Introduction to corporate fundraising
The Company and Share Capital
1
2A & B
3A & B
4A & B
5A & B
6A & B
7A & B
8A & B
9A & B
10A & B
11A & B
12A & B
13A & B
Start-up and Venture Capital I
Start-up and Venture Capital II
Capital Markets and Securities Regulation I - Introduction
Capital Markets and Securities Regulation II – Public Issue of Securities
Capital Markets and Securities Regulation II – Public Issue of Securities (cont’d)
Capital Markets and Securities Regulation III – Listing and trading of securities
Capital Markets and Securities Regulation III – Listing and trading of securities
(cont’d)
Capital Markets and Securities Regulation IV – Securities offences
Corporate Restructuring
Takeovers and Mergers I
Takeovers and Mergers II
Overview
2