Samenvatting
Summary - Corporate Law (LAW-1KPRIV2-22)
- Instelling
- Haagse Hogeschool (HHS)
Summary of Corporate law.
[Meer zien]Voorbeeld 4 van de 54 pagina's
Voorbeeld 4 van de 54 pagina's
In winkelwagengesponsord bericht van onze partner
Verkoper
Volgen
Voorbeeld van de inhoud
Lecture 01 --> Introduction to corporate lawTrigger questions
Company, a legal person, what does that mean
Difference: natural person v. legal person ?
What rights do companies have ? What duties ?
Can a company be punished, like you and me?
o .. in this course, we study characteristics of companies
01: What is company law?
Influential role society, economies
Understand dynamics (int’l) business activities
o (intl) commercial transactions
o (intl) trade, free market
o neo-liberalization & globalization
It is important because
o company law regulates companies and the environment in which they move, i.e.
capital market
o company: organisational structure for businesses .. but what does it encompass
Terminology
‘company’ or ‘corporation’ – differences?
“incorporated" type of business business form with compliance to certain formalities
What does the term ‘company’ mean?
Linguistically, origins?
From late Latin companio, literally "bread fellow, messmate, com "with, together" + panis
"bread”
mid-12c. Old French compagnie "society, friendship, body of soldiers", large group
from late 13c. Sense of "business association" first recorded 1550s, having earlier been used
in reference to trade guilds (c. 1300)
, .. link to ‘conducting business’, sense of formalized form (incorporated)
Terminology
‘company’ or ‘corporation’ – differences?
o UK: company (public or private)
o US: corporation
o EU: undertaking (public or private)
o NL: corporation (open or closed)
o Germany: corporation (private limited / public stock)
For the purpose of this course: used interchangeably
Public or Private
Open or Closed
Other terminology (readings Week1)
Capital market, securities, Share capital or debt, Liquidation, Assets, Residual rights,
Shareholders, Directors, Dividends, Insolvency etc.
By the end of the course you will understand the vocab
Corporate law Business law
Formation of business All areas that relate to
Forms (i.a.) companies HOW to do business
Legal operation of business Regulates whatever you
for MS (functions, rights need to do business (i.a.
and duties of key actors) employment law, contract
law, tax law)
What can we add to the mix to formulate a definition
,02: Which legal frameworks?
Choice for national jurisdictions - Dominant jurisdictions for developing corporate law
Germany: Civil law tradition and MS (EU) – NLs, similar
UK: Common law tradition and MS (EU)
US: common law tradition
o But: each US state has its own statue
p.e. Delaware: Delaware State law & Case law Delaware courts
Which legal framework applies? --> Depends on selected jurisdiction & its statues
Legislation on company law
Spread out between various statutes. But, in a broad sense, you can recognize a basic act
o e.g. UKCA 2006 is the basic act in UK
The concept of “partnership” and “company”
Laid down and defined in each relevant jurisdiction
e.g. Partnership Act 1890 in UK and UKCA2006, respectivel
, Legislation – national (UK, France, Germany)
Relevance of national legislation on corporations
Registered companies can only be created because national legislation permits them to be
created
o (legal status and legal consequences are established by law)
Also: primary source on how companies are operated (legal actions of a company are
determined by law)
́hard law ́ = legally binding rule of law
Legislation – Relationship national & EU Law
How does EU Law influence MS national rules of Corporate Law?
In case of membership of EU:
Several
Directives
pursuant
to Treaty
of Rome
are
relevant
O
bj
ec
ti
ve
s
of
:
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper hanan2004. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €7,69. Je zit daarna nergens aan vast.
Is Stuvia te vertrouwen?
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 52510 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen