LLM Law

University of Wolverhampton

This module is designed to provide awareness of the alternative forms of dispute resolution in relation to business and commercial disputes other than simply instituting court proceedings to settle disputes. The module includes consideration of strategies for conflict avoidance in commercial transactions and an introduction to the various forms of alternative dispute resolution options. A closer study of mediation and arbitration, including international arbitration, will be undertaken.

The limited liability company is a core component of the modern business world, acting as a key commercial vehicle. With United Kingdom company law providing the basis of the legislative framework in many jurisdictions across the globe, the advanced study of the subject is an important step in understanding the global business environment. The development of company law from the nineteenth century to present day is important in understanding the current laws and regulations governing the operation of business, both in the United Kingdom and beyond. The module will explore and critically examine the law relating to companies in three broad themes: firstly the nature and implications of limited liability, with consideration as to the concept of the corporate veil and the circumstances in which it can be set aside; secondly the nature and purpose of the core organs of a company and the constitution that governs them; and thirdly the rights and duties of the participants in a company. The module will consider the statutory, common law and contractual arrangements underpinning each of these themes.

The module enables the student to undertake a detailed study of a clearly defined legal topic, issue or problem. During the research process the student will increase their knowledge of the area and develop a greater critical awareness. Completion of the module will enhance the ability to write academically and to present such findings in an appropriate form.

The module will highlight the key principles of Commercial Awareness and the inter-relationship between the commercial and legal aspects of enterprise and innovation; to highlight and minimise risk associated with the efficient exploitation of ideas with commercial potential and afford greater protection in a global setting.

This module provides an international overview of the legal concept of property and its classification. This module examines the changing nature of property addressing the theme; Beyond Sole Ownership ;. It explores the physical division of ownership and reconsiders commonhold property. It shows the importance of the allocation of percentage as a formula to determine an owners share in the common expenses, the common property and the value of his vote at general meetings. It also covers the enforcement of financial and social obligations in order to enhance the smooth operation of the property beyond sole ownership and to foster the stability of the commonhold property. It concludes with a discussion of the settlement of disputes surrounding community property. This module provides an excellent background for students to evaluate property beyond sole ownership in their own countries.