Checking date: 28/05/2024


Course: 2024/2025

Cross-border Company Law
(17258)
Master in International Advocacy (Plan: 370 - Estudio: 334)
EPD


Coordinating teacher: RAMOS MUÑOZ, DAVID

Department assigned to the subject: Private Law Department

Type: Electives
ECTS Credits: 3.0 ECTS

Course:
Semester:




Skills and learning outcomes
Description of contents: programme
Cross-Border Company Law 1.- General aspects a) Companies and their regulation: articles of incorporation, bylaws, Company and shareholders¿ agreements, arbitration and forum selection clauses. b) Company patrimony and its legal and accounting representation. Capital (shares and stakes) debt and hybrid instruments. Comparative perspectives: Company patrimony and flexibility of configuration. c) Company and agency problems: owners-managers, majority-minority, company-creditors. Corporate interest. Comparative perspectives: governance techniques and mandatory rules. 2.- Company organization and corporate governance a) Shareholders¿ meeting and directors. Decision-making, appointment and removal in the law, bylaws and agreements. Comparative perspectives: party autonomy, board competences, proxies and empty voting. b) Directors¿ pay: Company and contractual dimension. Comparative perspectives: freedom of contract, remuneration beyond company documents. c) Directors¿ duties and responsibility. Comparative perspectives: business judgment rule, loyalty duties, non-competition and abstention duties. d) Shareholder relations (I): legal and contractual mechanisms of appointment, participation and veto. Comparative perspectives: unfair prejudice. e) Shareholder relations (II): entry and exit. Comparative perspectives: forced exit and liquidity mechanisms. f) Groups of companies. Comparative perspectives: law of corporate groups in selected jurisdictions. 3.- Capital and patrimony a) Transactions including capital and net worth. Basic concepts and accounting. Comparative perspective: shareholders¿ equity. b) Dividends and fund distributions. Comparative perspectives: dividend distribution and share repurchases, decision-making, accounting and limits. c) Treasury shares and financial assistance. Comparative perspective: uses and limits of treasury shares and financial assistance. d) Situations of patrimonial imbalance. Comparative perspectives: operating in the twilight zone.
Learning activities and methodology
TEACHING ACTIVITIES BY MATTER AF1 Lecture AF2 Practice/Case AF3 Lecture-plus-practice AF6 Group work AF7 Students¿ individual work TEACHING METHODOLOGIES BY MATTER MD1: Lecture in class by the professor aided by computer and audiovisual tools, in which the course¿s main concepts will be developed, and the main literature will be provided. MD2: Critical reading of the texts recommended by the course¿s professor: press articles, reports, manuals and/or academic articles, for their discussion in class, or to expand and consolidate the lessons of the course. MD3: Resolution of cases, problems, etc, provided by the professor, individually or in group. MD4: Exposition and discussion in class, moderated by the professor, on topics regarding the contents of the course, as well as practical cases. MD5: Making of Works and reports individually or in group. TUTORING: Students will have access to tutorials with the person responsible for coordinating the subject. With the tutoring it is intended to organize the teaching and learning processes that are based on the interaction between the student and the teacher in order to: (i) Guide the autonomous and group work of the students (ii) Deepen in different aspects of the subject (iii) Guide the academic and comprehensive training of the student. The tutorials will take place at the time and under the conditions determined by the teacher in Aula Global.
Assessment System
  • % end-of-term-examination 40
  • % of continuous assessment (assigments, laboratory, practicals...) 60

Calendar of Continuous assessment


Basic Bibliography
  • ALICE DE JONGE & ROMAN TOMASIC (Ed.). Research Handbook on Transnational Corporations. Edward Elgar. 2017
  • KOZOLCHYK, Boris; REYES, Francisco. Latin American Company Law. A comparative and Economic Development Perspective. Carolina Academic Press.
  • KRAAKMAN, Reiner et al. The Anatomy of Corporate Law. Oxford University Press.
  • Roth, Günter; Kindler, Peter. The Spirit of Corporate Law. Beck, Hart Publishing; Nomos. 2013

The course syllabus may change due academic events or other reasons.