This highly accessible text provides both a legal and practical
examination of the law of business organisations. It places the law in context by
examining the changing legal and business problems encountered during the life of a
fictional business from its formation through to the problems of the companys insolvency
and finally its dissolution. This book is ideal for students studying law as part of a
business degree as well as for students on the Legal Practice Course.
Key features:
- Places the law into context by examining the legal life of a fictional company;
- Each chapter includes learning objectives and suggested further reading;
- Completely up-to-date with all recent case law and legislative cases.
Table of Contents:
Introduction: Great Expectations Ltd, a history
Business Structures and Business Activity
Partnership Formation and Reflections Between Partners
Liability of the Firm and Partners to Outsiders
Obtaining Initial Finance
Taxation
The Memorandum of Association
The Articles of Association
The Consequences of Incorporation: Corporate Personality
The Balance of Power
Directors Duties
Directors: Appointment, Removal and Role
The Role of the Bank
Challenging the Controllers: Proper and Improper Conduct
Challenging the Controllers: The Remedies
Holding the Balance Between Creditors
Profit Distribution
Shareholders v Creditors: Capital Maintenance and Capital Reduction
Company Accounts
Company Expansion
Corporate Reconstruction
Takeovers and Mergers
Company Sickness
Insolvent Liquidation
Disqualification of Directors
Life after Death Restoration of Companies to the Register
Choice of Business Medium
Appendices
Paperback
367 pages