units

LAW4219

Faculty of Law

Undergraduate - Unit

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelUndergraduate
FacultyFaculty of Law
OfferedNot offered in 2014
Coordinator(s)Professor Rowan Russell

Synopsis

Topics include: security (nature of security, negative pledge, subordination); fixed and floating charges; the new personal property securities law; everyday issues and common pitfalls in finance law; guarantees; insolvency issues; loans and debt finance; syndicated financing; project financing; aircraft financing; derivatives, netting and set-off; domestic and international capital markets; securitisation; and regulatory and tax considerations.

Outcomes

Upon completing this unit, students should:

  • be familiar with the basic principles of the law and the practice of corporate finance;
  • be familiar with legal and commercial aspects of various forms of debt finance, including secured and unsecured transactions and other forms of raising debt:
  • understand the concept of the 'capital markets' particularly debt capital markets as a means of raising funds by Australian issuers in both the Australian domestic market and in the international capital market; and
  • be able to analyse international financial transactions in the context of market practice having regard to the legal, contractual, regulatory and taxation regime in Australia, the Euro markets and, to a limited extent, the US market.

Assessment

Examination (2 hours plus 30 minutes reading and noting time), 90%, and preparation and participation in one workshop, 10%.

Chief examiner(s)

Prerequisites

LAW2100 OR LAW2101 and LAW2102