UnitLevel 5Postgraduate

LAW5419 The law of financial transactions

Faculty of Law

LAW5419 The law of financial transactions is a level 5, 6-credit-point, postgraduate unit from the Faculty of Law. It isn't offered in 2023. It has no prerequisites.

Credit points
6
Offered in 2023
Not offered
Assessment
No exam
3 tasks

This is the 2023 handbook entry. See the 2027 entry.

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Requisites

Before LAW5419

Prohibitions

You can't enrol if you have passed any of these.

After LAW5419

No unit lists LAW5419 as a prerequisite in the 2023 handbook.

Enrolment rules

For Legal Studies students (L4004, L5004, L6013) you must have completed LAW5000 or LAW5081
and
For Juris Doctor students (L6005), you must have completed 72 points of study.

Overview

This unit introduces students to the legal and regulatory issues relating to transactions undertaken by companies and other institutions in order to borrow money or otherwise to raise funds. The unit is in three parts. In the first part, the basic building blocks of: the concepts of credit; how a company borrows money; and how it gives security to its lenders to secure repayment, are all examined. The second part involves an examination of the various forms of borrowings, including syndicated financing and project finance. The third part deals with borrowing in the capital markets (that is, without involving a bank as a lender), both domestically in Australia and internationally. The unit is principally focused on how Australian companies borrow money both in Australia and in other international markets. The course deals with Australian law and also English and European law and US tax and regulation in so far as they affect Australian companies accessing the international markets. An understanding of common law contract law is assumed and some understanding of company law would be of benefit but is not required.

Offerings in 2023

The 2023 handbook lists no offerings for LAW5419.

Assessment

  • Presentation and Question and Answer session at a workshopPresentation
    15%
  • Class participation and written note on an assigned topicParticipation
    25%
  • Research assignment
    60%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    Creatively apply knowledge and understanding of the basic principles of the law and the practice of corporate finance to new situations for further learning such as those that will be introduced and examined in both the class participation assessments and the written assessments for the unit;

  2. 2

    Investigate, analyse and synthesise complex information, problems, concepts and theories in relation to legal and commercial aspects of various forms of debt finance, including secured and unsecured transactions and other forms of raising debt, including the debt capital markets and solve related questions; 

  3. 3

    Research 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, based on knowledge of appropriate research principles and methods so as to be able to understand how these markets operate and to be able to assess critically the regulation of these markets; and

  4. 4

    Use cognitive, technical and creative skills to generate and evaluate at an abstract level complex ideas and concepts relevant to the international financial transactions in the context of market practice having regard to the legal, contractual, regulatory and taxation regime in Australia, the European markets and to a limited extent, the US market.

Workload and teaching

  • Workshops24 hours
  • Teaching approachActive learning

24 contact hours per semester (either intensive, semi-intensive or semester long, depending on the Faculty resources, timetabling and requirements). Students will be expected to do reading set for class, and to undertake additional research and reading applicable to a 6 credit point unit.

Learning resources

Required resources

See the Moodle unit page for prescribed and recommended resources. Prescribed texts are usually available for purchase through the University Bookstore and are sometimes available for short-term loan or as eBooks through the library.

Where it fits

LAW5419 is part of 2 areas of study in the 2023 handbook.

Common questions

What are the prerequisites for LAW5419?

LAW5419 has no prerequisites, but enrolment rules apply.

When is LAW5419 offered?

LAW5419 has no offerings listed in the 2023 handbook.

Does LAW5419 have an exam?

No. LAW5419 has 3 assessment tasks and no exam.

Which majors and minors include LAW5419?

LAW5419 is part of Commercial and corporate law; and Public sector governance and regulation.

More details

Credit points
6
Level
5
Study level
Postgraduate
Faculty
Faculty of Law
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 4
Study abroad
Available