Corporations Law
Text and Essential Cases
Does not imply availability
Description
The purpose of this text is to provide a teaching/ learning tool within a semester corporations law unit. The use of a plain English writing style, combined with fuller case extracts makes corporations law more accessible to those who study or practise in the area of corporations law.Since the publication of the third edition there have been significant changes in corporations law. From a legislative perspective, important changes have been effected in regard to the law pertaining to dividends, corporate securities, executive officers and directors (in particular their remuneration and financial reporting).Judicially, this period has been marked by a considerable number of important cases pertaining to directors' liability arising out of, inter alia, high profile cases, including the James Hardie cases. These cases have provided guidance as to the applicability of both statutory and equitable directors' duties, but the penalties flowing from breaches of such duties.The coverage of the chapters is broad and as well reflecting the content of most courses in Australia, will be a useful reference in any practitioner's library.
AI Overview
The book "Corporations Law" by Julie Cassidy is a comprehensive and accessible text designed for teaching and learning within a semester corporations law unit. Here is a detailed overview of the book:
Key Themes
- Plain English Writing Style: The book is written in a clear and plain English style, making it easier for students and practitioners to understand complex corporations law concepts[1][2][5].
- Case Studies and References: It includes fuller case extracts and ample sub-headings, which facilitate easy reference and provide a deeper understanding of the subject matter[1][2].
- Legislative and Judicial Changes: The text reflects significant changes in corporations law, particularly in areas such as dividends, corporate securities, executive officers, and directors' remuneration and financial reporting[1].
- Directors' Liability: The book covers important cases related to directors' liability, including high-profile cases like the James Hardie cases, which provide guidance on statutory and equitable directors' duties and their penalties[1].
Plot Summary
The book is structured to cover a broad range of topics relevant to corporations law in Australia. The chapters typically include:
- Preview: An introduction to the subject matter.
- Choosing between Business Organisations: An overview of different business structures.
- Corporate Personality: The legal personality of corporations.
- Promoters and Pre-Registration Contracts: The role of promoters and contracts before incorporation.
- Incorporation: The process of forming a corporation.
- Corporate Governance: Management and control of corporations.
- Financial Reporting and Disclosure: Requirements for financial reporting and disclosure.
- Directors' Duties and Liabilities: The responsibilities and potential liabilities of directors.
- Corporate Securities: Issues related to shares, debentures, and other securities.
Critical Reception
The book has received positive reviews for its clarity and usefulness in teaching and practicing corporations law. It is considered an essential reference for practitioners and students due to its comprehensive coverage and plain English writing style[1][2][5]. The National Library of Australia notes that it is a highly regarded exposition of Australia's complex corporations law, updated to reflect changes up to September 2000[4].
Overall, "Corporations Law" by Julie Cassidy is a reliable and accessible resource for understanding the intricacies of corporations law in Australia. Its clear writing style and inclusion of essential case studies make it a valuable tool for both educational and professional purposes.