Law of Business Associations
Course code
AKJ6306.YK
old course code
Course title in Estonian
Äriühinguõigus
Course title in English
Law of Business Associations
ECTS credits
3.0
Assessment form
Examination
lecturer of 2023/2024 Spring semester
Not opened for teaching. Click the study programme link below to see the nominal division schedule.
lecturer of 2024/2025 Autumn semester
Not opened for teaching. Click the study programme link below to see the nominal division schedule.
Course aims
- To give a thorough overview of the laws that govern business associations, such as private limited companies, publically owned companies, partnerships, sole proprietorships, and non-profit organizations.
- To give an overview of the development which civil relations are governed by the law of business associations, different company forms, their similarities/differences, management of different business associations forms, legal relations between the company and its members, membership in general, business register, legal acts regulating company law in civil law systems and common law systems and at the EU level, and the connections between other legal areas.
- To give an overview of court practice that is important to understand company law cases.
- To give necessary theoretical knowledge and practical skills to understand and solve company law cases.
- To give an overview of the development which civil relations are governed by the law of business associations, different company forms, their similarities/differences, management of different business associations forms, legal relations between the company and its members, membership in general, business register, legal acts regulating company law in civil law systems and common law systems and at the EU level, and the connections between other legal areas.
- To give an overview of court practice that is important to understand company law cases.
- To give necessary theoretical knowledge and practical skills to understand and solve company law cases.
Brief description of the course
The course gives an overview of the historical development and regulation of business associations such as private limited companies, publically owned companies, partnerships, sole proprietorships, and non-profit organizations. The concept of limited liability, delegated management with a board structure, profits, and the rights of shareholders are discussed. The system, principles, institutes of business associations, different company forms and their legal regulation in civil legal systems, common legal systems and at the EU level will be discussed in detail.
Learning outcomes in the course
Upon completing the course the student:
- has an understanding of which legal norms govern various business associations, including company law, what company law regulates, and what are the advantages and disadvantages of different business associations;
- has a complete understanding of the concept of limited liability and how the company is governed and acts;
- has an understanding of the differences between the regulation of various business associations in civil legal systems, common legal systems, and at the EU level;
- individually is able to resolve business association legal cases;
- individually is able prepare the establishment, management, restructure, merger, division and termination procedures of various business associations.
- has an understanding of which legal norms govern various business associations, including company law, what company law regulates, and what are the advantages and disadvantages of different business associations;
- has a complete understanding of the concept of limited liability and how the company is governed and acts;
- has an understanding of the differences between the regulation of various business associations in civil legal systems, common legal systems, and at the EU level;
- individually is able to resolve business association legal cases;
- individually is able prepare the establishment, management, restructure, merger, division and termination procedures of various business associations.
Teacher
Phillip Graves
Study programmes containing that course