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This is a core course in the Bachelor of Laws program. It is approved by the Legal Practitioners Admissions Board (Qld) and Chief Justice of Queensland as meeting the company law area of knowledge under the Supreme Court (Admission) Rules 2004 (Qld) and therefore deals with elements of company law, specifically: corporate personality; the incorporation process; the corporate constitution; company contracts; administration of companies and management of the business of companies; duties and liabilities of directors and officers; share capital and membership; members’ remedies; company credit and security arrangements; and winding up of companies.

Companies are the business form of choice which dominate the commercial landscape. The variety, size and structure of companies varies greatly. The object of this course is to provide students with an overview of the major principles and mechanisms of company law. On completion of this course, students will have sufficient legal information concerning the corporate business form, including formation and characteristics of a company; the corporate constitution; corporate finance, share structure and membership; constitution and powers of corporate organs (board and general meeting); corporate authority; corporate governance including directors' duties; shareholders' remedies; and administration and winding up of the company. The course also provides students with opportunities to develop their skills in problem solving and statutory interpretation.

On successful completion of the course, students should be able to:

1. demonstrate an understanding [apply and evaluate] of a coherent body of knowledge in company law, and underlying principles and concepts; the broader contexts within which legal issues arise in company law; and the principles and values of justice and of ethical practice in lawyers’ roles (PO1/TLO1)
2. demonstrate an ability to recognise and reflect upon, and a developing ability to respond to, ethical issues likely to arise in professional contexts in company law (PO2/TLO2)
3. identify and articulate legal issues in company law; comprehend legal and other materials; apply legal reasoning and research to generate appropriate responses to legal issues; engage in critical analysis and make a reasoned choice amongst alternatives; and think creatively in approaching legal issues and generating appropriate responses (PO3/TLO3)
4. demonstrate the intellectual and practical skills needed to identify, research in an ethical manner, evaluate and synthesise factual, legal and policy issues in company law (PO4/TLO4)
5. communicate in ways that are effective, appropriate and persuasive for legal and non-legal audiences (PO5/TLO5)
6. identify applicable legislation, explain general principles of statutory interpretation, understand [explain and apply] and make appropriate use of authorised aids to statutory interpretation, and deploy appropriate techniques in the course of solving interpretative problems, including problems raising special interpretative issues; and give a reasoned opinion as to the appropriate meaning of a legislative provision, and as to the correct application of the provision to a given set of facts (PO7).