Introduction to Company Law
Written by one of the foremost experts in the area, Paul Davies' Introduction to Company Law provides a comprehensive conceptual introduction, giving readers a clear framework with which to navigate the intricacies of company law.The five core features of company law - separate legal personality, limited liability, centralized management, shareholder control, and transferability of shares - are clearly laid out and examined, then these features are used to provide an organisation structure for the conduct of business. It also discusses legal strategies that can be used to deal with arising problems, the regulation of relationships between the parties, and the trade-offs that have been made in British company law toaddress some of the conflicting issues that have arisen.Fully revised to take into account the Companies Act 2006, and including a new chapter on international law which considers the role of European Community Law, this new edition in the renowned Clarendon Law Series offers a concise and stimulating introduction to company law.
1 The Core Features of Company Law
2 Corporate Personality
3 Limiting Liability and Channelling Creditors Claims
The Limits of Creditor SelfHelp
Empowering Shareholders in Widely Held Companies
agent apply appointment rights argument BCLC beneﬁt British company law British law centralized management Chapter Code common law Companies Act Companies Act 2006 company’s business conﬁned conﬂicts of interest contract core features Corporate Governance corporate opportunities costs courts decision decision—making default rule difﬁcult Directive disclosure effect efﬁcient employees example ﬁduciary ﬁnance ﬁnancial ﬁnd ﬁrm ﬁrst holders identiﬁed incentive incorporation individual shareholder inﬂuence Insolvency Act 1986 institutional shareholders investment investors involved issue Law Review legal capital limited liability limited liability partnerships Listing Rules litigation London Stock Exchange majority mandatory minority shareholders model articles monitoring non—executive directors ofﬁce pany powers principle private companies problems proﬁt protection provisions public companies Regulation relation remuneration resolution risk self—dealing separate legal personality shareholder approval shares signiﬁcant speciﬁc standard statutory subsidiary takeover third party tion tort trading transaction unfair prejudice vicarious liability voting whilst wrongful trading