Corporations and Associations Law Principles and Issues, 7th edition

Authoritative discussion and analysis of the law relating to corporations, partnerships and associations

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ISBN/ISSN: 9780409351705

Product description

Corporations and Associations Law - Principles and Issues offers a contemporary treatment of the central issues of corporations and associations law. The authors draw on their extensive experience to provide an in-depth and practical analysis of a broad range of topics affecting corporations and associations. The work includes detailed treatment of associations and entities other than corporations.

The clear and accessible style of this text makes it invaluable to students, practitioners and anyone in the wider community seeking to understand corporations and associations law.

Recent developments discussed in the seventh edition include:

  • the decision in Rojoda Pty Ltd v Commissioner of State Revenue [2018] WASCA 224 regarding partner’s rights in partnership assets
  • commencement of the Associations Incorporation Act 2015 (WA) and the decision in Faehrmann v Van Vucht [2018] NSWSC 397 on the significance of the constitution of such associations
  • decisions in The Salvation Army (New South Wales) Property Trust v Chief Commissioner of State Revenue [2018] NSWSC 128 and Carter Holt Harvey Woodproducts Australia Pty Ltd v Commonwealth [2019] HCA 20 on the concept of a trust
  • decision in Jones (Liquidator) v Matrix Partners Pty Ltd, in the matter of Killarnee Civil & Concrete Contractors Pty Ltd (in liq) [2018] FCAFC 40 on the concept of a trust and the liability of trustee for debts or liabilities incurred in execution of the trustee’s duties and powers
  • decision in Adventure Golf Systems Australia Pty Ltd v Belgravia Health & Leisure Group Pty Ltd [2017] VSCA 326 on fiduciary duties of joint venturers
  • decision in ACCC v Flight Centre Travel Group Ltd [2016] HCA 49 on the concept and duties of an agent
  • decision in Williams Group Australia Pty Ltd v Crocker [2016] NSWCA 265 on the authority of an agent
  • the commencement of the Co-operatives National Law in a number of states and territories and the commencement of Co-operatives Amendment Act 2016 (WA)
  • the decisions in ASIC v CME Capital Australia Pty Ltd (No 2) [2016] FCA 544; ASIC v Diploma Group Ltd (No 4) [2017] FCA 1107 on the operation of the ‘just and equitable’ ground to wind up a company
  • decision in United Firefighters' Union of Australia v Country Fire Authority [2015] FCAFC 1 on the meaning of a trading corporation
  • decision in ASIC v King [2020] HCA 4 on the meaning of an ‘officer’ of a corporation
  • examination of financial assistance by a company to a person to acquire shares in the company pursuant to Corporations Act s 260A by reference to the High Court decision of Connective Services Pty Ltd v Slea Pty Ltd [2019] HCA 33
  • examination of oppression on minority shareholders pursuant to Corporations Act s 232 including by reference to a company’s constitution and any amendments to shareholders rights in the constitution, the application of the principles of oppression in the context of closely held family companies and the courts discretion to deny relief for delay
  • consideration of the High Court decision in ASIC v Lewski [2018] HCA 63 concerning the obligations of directors of a responsible entity in a managed investment scheme and the rights of members in the scheme
  • statutory changes to the provisions dealing with the powers and obligations of liquidators, and the discipline of liquidators
  • statutory changes to the provisions dealing with the powers and obligations of bankruptcy trustees, and the discipline of bankruptcy trustees
  • limitations on the rights to terminate a contract merely because of the appointment of a receiver to the whole of a company’s property
  • changed standards relating to auditors that impact on their duties
  • consideration of changes to the courts’ approach to actions against professionals as concurrent wrongdoers as reflected in Landpower Australia Pty Ltd v Penske Power Systems Pty Ltd [2019] NSWCA 161

Features

  • Wide breadth of topics including corporations, partnerships and associations law
  • Written by practitioner experts and lecturers
  • Extensive depth and coverage of topics
  • Suitable for undergraduates, postgraduates and practitioners

Related Titles

• Austin and Ramsay, Ford, Austin & Ramsay’s Principles of Corporations Law, 17th ed, 2017
• Harris, Company Law: Theories, Principles and Applications, 2nd ed, 2015
LexisNexis Legislation Series, Australian Corporations Legislation, 2020

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Table of contents

1. Forms of Business Organisation

2. Sole Traders

3. The Law of Partnership

4. Unincorporated Non-Profit Associations

5. Incorporated Non-Profit Associations

6. Trading Trusts

7. Joint Ventures

8. Co-operatives

9. The Law of Agency

10. The Company as a Corporate Entity

11. The History of the Regulation of Companies in Australia

12. The Administration of Company Law in Australia

13. Types of Companies

14. The Company’s Constitution

15. Membership of a Company

16. Contractual, Tortious and Criminal Liability of Companies

17. Share Capital

18. Dividends

19. Corporate Fundraising

20. Managed Investment Schemes

21. Directors and Officers

22. Accounts

23. Auditors

24. Meetings and Procedure

25. Members’ Remedies

26. External Administration

27. Receivers

28. Voluntary Administration

29. Schemes of Arrangement

30. Liquidation

31. Regulation of Financial Services

32. Takeovers

33 Bankruptcy