BANKING AND FINANCE LAW

LAW3BFL

2017

Credit points: 15

Subject outline

This subject provides an introduction to selected fundamental legal issues in relation to corporate banking and finance law. In addition to an examination of key legal issues the subject aims to provide students with an opportunity to develop practical legal skills by drafting and negoiating the terms of a loan agreement. The subject is divided into three themes: 1) regulation of the financial system; 2) the legal nature of different forms of financial accommodation; 3) Guarantees. Topics covered include: regulation of Australia's financial system including the impact of deregulation and the Global Financial Crisis, discussion of the legal nature and structure of different forms of financial accommodation including the nature of the relationship between borrowers, lenders and agents in multi lender financing; the negotiation and drafting of loan agreements; and the law of guarantees.

School: La Trobe Law School

Credit points: 15

Subject Co-ordinator: Ann Wardrop

Available to Study Abroad Students: Yes

Subject year level: Year Level 3 - UG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: LAW2CTA and LAW2CTB or LAW2CNT and LAW2TOR

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: Must be admitted to any Bachelor of Laws UG degree or have permission from Law Director of Programs

Graduate capabilities & intended learning outcomes

01. Identify and apply the relevant banking and finance law applicable to a given fact situation relating to corporate banking and finance.

Activities:
Seminar questions, quizzes, group project and final examination.
Related graduate capabilities and elements:

02. Characterise the legal nature of the relationship between parties to various types of financial accommodation

Activities:
Seminar questions, quizzes, group project and final examination
Related graduate capabilities and elements:

03. Explain key terms in corporate finance documents.

Activities:
Seminar questions, quizzes, group project and final examination
Related graduate capabilities and elements:
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

04. Apply negotiating and drafting techniques to a loan agreement at an introductory level.

Activities:
Group project
Related graduate capabilities and elements:
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

Melbourne, 2017, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Ann Wardrop

Class requirements

SeminarWeek: 31 - 43
One 3.0 hours seminar per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
five online quizzestotalling 30-minutes1001, 02, 03
one 2-hour open book final examination6001, 02, 03
one major group project2,000-words per student. The requirements for participation in group project assessment are: 1) attendance during the seminar/lecture time on Campus at a compulsory demonstration of how to negotiate the drafting of a commercial loan agreement; and 2) attendance and participation in on Campus of a 3 hour mock negotiation and drafting of a commercial loan agreement during a seminar/lecture time.3001, 02, 03, 04