This course examines important facets of the regulation of corporations. It investigates the law and policy relating to the acquisition of control of corporations, particularly by takeover, and the regulation of financial markets generally. Topics to be covered include:
issues prompting, and theories shaping, the regulation of takeovers and the securities industry generally;
the regulation of financial markets;
the powers of the Australian Securities and Investment Commission and the obligations of listed companies, brokers and dealers;
controls upon market manipulation and insider trading;
the legal requirements for prospectuses;
controls upon the acquisition of shares under Chapter 6 of the Corporations Act 2001 (Cth);
directors' responsibilities in a takeover situation; and
compulsory acquisition powers.
Upon successful completion, students will have the knowledge and skills to:
- Synthesise, evaluate and apply the relevant legal framework and mechanics of the legal rules relevant to the regulation of takeovers and securities regulation in Australia;
- Critically evaluate the policies behind those relevant legal rules;
- Hypothesise solutions to complex problems faced during corporate fundraising and corporate control transactions, applying expert judgement with independence;
- Explore and critically analyse themes emerging within wider debates about regulation and corporate governance;
- Design, plan and execute a research-based project with independence, applying knowledge gained in this course.
- Research paper (50) [LO 1,2,3,4,5]
- Take-home exam (50) [LO 1,2,3,4,5]
In response to COVID-19: Please note that Semester 2 Class Summary information (available under the classes tab) is as up to date as possible. Changes to Class Summaries not captured by this publication will be available to enrolled students via Wattle.
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Classes offered during semester periods are expected to have 3 contact hours per week.
Classes offered in non-standard sessions will be taught on an intensive base with compulsory contact hours (approximately 26 hours of face to face teaching). The course will also require advanced preparation through assigned readings. In total, it is anticipated that the hours required for completion of this course (class preparation, teaching and completion of assessment) will not exceed 120 hours.
Click here for the LLM Masters Program timetable.
Requisite and Incompatibility
Students must rely on the approved Class Summary which will be posted to the Programs and Courses site approximately 2 weeks prior to the commencement of the course.
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
Offerings, Dates and Class Summary Links
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.