UWA Handbook 2017

Unit details

LAWS5596 Mergers and Acquisitions

Credit 6 points
  Offering
(see Timetable)
AvailabilityLocationMode
Non-standard teaching periodUWA (Perth)Face to face
Content This unit provides students with a practical legal and commercial overview of Australian law concerning mergers and acquisitions. It has a particular focus on the processes concerning takeovers and schemes of arrangement. It requires students to engage in detail with the regulatory frameworks associated with mergers and acquisitions including the Corporations legislation and ASIC regulatory guidance. Students are exposed to the legal strategies associated with the takeover industry and are expected to demonstrate a sound knowledge of corporations law.
Outcomes Students are able to (1) demonstrate skills associated with representing a corporate client in relation to takeover transactions (a) providing detailed advice on the impact of ASIC regulatory guidance on transaction restructuring, particularly the effects of Chapter 6, Part 5.1; and (b) preparing a bidder's statement, target's statement or explanatory statement that is consistent with the disclosure requirements under the Corporations Act and the ASIC regulatory guidance; (2) demonstrate advanced knowledge of the Corporations Act in (a) the conduct of a takeover bid or takeover defence in accordance with the steps under that Act; and (b) managing the variation of a takeover bid in accordance with the rules under that Act; (3) demonstrate advanced skills of legal analysis so as to manage (a) an application to the Takeovers Panel for a declaration of unacceptable circumstances; and (b) an application to court for convening a scheme of arrangement and the subsequent approval of the scheme; and (4) demonstrate (a) a developing ability to exercise professional judgement in relation to the conduct of matters involving takeovers and schemes of arrangement; and (b) an ability and willingness to participate in and contribute to class discussion.
Assessment Typically this unit is assessed in the following ways: (1) class participation; (2) written test; and (3) final examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s) Oliver Carrick, James Nicholls and Anthony Papamatheos
Unit rules
Prerequisites: LAWS4101 Legal Process, LAWS4102 Criminal Law, LAWS4103 Contract,LAWS4106 Torts, LAWS4108 Foundations of Public Law, LAWS5106 Legal Theory and Ethics (or LAWS4109 Legal Theory and Ethics), LAWS4104 Property, LAWS4107 Land Law, LAWS5104 Corporations Law
Contact hours offered intensively
Unit Outlinehttp://www.unitoutlines.law.uwa.edu.au/Units/LAWS5596/TS-U-6A/2017

  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.