LAW451
Corporations Law
(Paton)
Prerequisite courses:
Prerequisite for: Corporate Securities (LAW 613) / Estate Planning (LAW 660) / Corporate Governance (LAW 599)
Instructor(s): Professor Paul Paton
Course credit: 3
Method of presentation: Lecture
METHOD OF EVALUATION
100 percent open-book final examination (3 hours).
COURSE DESCRIPTION
This course is an introductory survey of the law of modern business organizations -- including sole proprietorships, partnerships, corporations and other forms of limited liability entities -- in Canada, with a particular focus on the laws of Alberta. Topics include principles of agency, business planning, corporate governance, fiduciary duties, and shareholder rights and remedies. The course also provides introductory exposure to corporate finance, mergers and acquisitions, and securities regulation. The course will also offer an introduction to First Nations/Indigenous business structures and issues, and to social enterprise/CSR/ESG. No prior exposure to accounting, economics, or finance is necessary or presumed.
The lectures, discussions, guest visits and materials will aim to give a theoretical and practical foundation for the ethical practice of business law, and to prompt reflection about the challenges faced by lawyers advising business clients.
SPECIAL COMMENTS
Depending upon protocols for 2021-22, may be offered in hybrid/online format.
Description updated 2021-22. Please contact the instructor for any specific questions you may have related to this particular course section.
REQUIRED TEXTS (IF ANY):
Yalden, Sarra, Paton et al., Business Organizations: Practice, Theory and Emerging Challenges, 2nd Edition (Emond Publishing, 2018), ISBN: 978-1-77255-217-1
Partnership Act, R.S.A. 2000 c. P-3
Business Corporations Act, R.S.A. 2000 c B-9
Canada Business Corporations Act (R.S.C. 1985, c. C-44)
Supplementary Materials to be posted on TWEN