Law of Business Organisations (LOBO) - EXAM NOTES (high distinction)

Description

Contents (from the Table of Contents): - Introduction & Partnership. - Constitutional & Regulatory Framework; Types of Companies; Corporate Personality & Separate Legal Entity. - Incorporation & Corporate Constitution (Promoters; Pre-registration contracts). - External Relations — Contracts & Tort; Direct Execution; Agents (Actual & Apparent Authority); Indoor Management Rule (common law & statutory); Assumptions. - Company Finance — Share Capital & Debt: Fundraising, Disclosure Documents, CSF; Corporate Finance; Debt Finance (Debentures; PPSA); Equity Finance; Dividends; Reductions; Buy-backs; Financial Assistance. - Corporate Constitution. - Directors’ Duties (care/diligence; conflicts; improper use; misuse of information s183; material personal interest s191; insolvent trading; consequences). - Membership & Members’ Remedies (oppression; derivative action; winding up s461; other remedies). - Financial Difficulties & Winding Up: Insolvency; External Administration; Restructuring (Part ); Voluntary Administration; Liquidation & Simplified process; Receivership; Schemes of Arrangement.