LAW5311 · Takeovers

Overview

This unit focuses on regulation of the principal means of acquiring control of Australian listed companies. The content will have a practical focus which assumes some general background knowledge of corporate law and the regulation of listed companies. Topics covered include: The desirability of takeovers and the need for regulation; The general scheme of regulation in Australia; The principal means of effecting takeovers; Defensive strategies and tactics; Compulsory acquisition; The regulatory structure and respective roles and powers of ASIC, the Takeovers Panel, ASX and the Courts. The unit will equip students with an understanding of the structure of regulation of takeovers in Australia including the respective roles and principal powers of ASIC, the Takeovers Panel and ASX, and review of their decisions.

Offerings

The Handbook publishes no offerings for this unit.

Assessment

The Handbook lists an examination for this unit.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

The Handbook lists no prerequisite, corequisite or prohibition for this unit.

Learning outcomes

1. Apply knowledge and understanding of the structure of regulation of takeovers in Australia (including the respective roles and principal powers of the Australian Securities and Investments Commission, the Takeovers Panel and the Australian Securities Exchange and the extent to which the decisions of these bodies are subject to appeal or review) with creativity and initiative to new situations in professional practice;
2. Investigate, analyse and synthesise complex information, problems, concepts and theories in relation to the desirability and effects of takeovers and the regulation of takeovers;
3. Conduct research into the complex statutory scheme based on knowledge of appropriate research principles and methods;
4. Use cognitive, technical and creative skills to generate and evaluate at an abstract level complex ideas and concepts relevant to the law concerning takeovers;
5. Communicate effectively, appropriately and persuasively on issues relating to takeovers;
6. Demonstrate skills of oral and/or written communication to address legal problems.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit typically comprises of a mixture of scheduled learning activities and independent study applicable to a 6 credit point unit. Learning activities may include a combination of teacher directed learning, peer directed learning, and online engagement.

Student experience, not official rules. Nothing here changes what the Handbook says.