Company Law

Module code: LW2004

Many businesses operate through the medium of a company.  The decision to operate through a company is often motivated around the benefit of limited liability.

In this module you will learn about the legal and practical implications of this structure and the responsibilities imposed on directors of a UK-incorporated company in return for limited liability.  You will also explore procedures intended to protect investors and third parties who deal with the company.  You will discover how owners and investors can restrict what directors do and how this affects those who contract with such a company.

Disagreements can arise over past decisions or the future direction of a company.  So, you will also learn what happens when shareholders, investors and directors disagree over operation of the business by considering the rights of shareholders who have relatively limited control over who becomes a director.