MySchool

Department of Law
Dean:	Eiríkur Elís Þorláksson
Email:	ru@ru.is
Website:	http://www.ru.is/ld
Teachers	View

BA in Law
Semesters:	6
Years:	3
ETCS:	180
About major	Aðaleinkenni laganámsins við HR er hversu verkefnatengt það er. Nemendur læra að tileinka sér sjálfstæð og skipulögð vinnubrögð til að leysa úr álitaefnum með rökstuddum hætti. Nemendur takast á við fjölbreytt og áhugaverð viðfangsefni lögfræðinnar og byggja upp traustan fræðilegan grunn.
Learning Outcomes	View
Education cycle	1
Degree title	BA in Law

Legend
	Mandatory course on major		Teaching language
	Optional course on major		Prerequisites for course

Research – theoretical writing – legal argumentation

L-000-UNDB

ECTS 0

Methodology

L-101-ADF1

ECTS 8

Constitutional Law

L-102-STSR

ECTS 8

Seeking solutions to legal problems

L-106-ÚRÁL

ECTS 6

Private Law I - Contracts and general laws of obligation

L-115-FJM1

ECTS 8

Independent Study

L-739-SJVE

ECTS 2

Exchange Studies

X-699-EXCH

ECTS 30

Vorönn/Spring 2024

Company Law

L-202-FELA

ECTS 8

Year

1. year

Semester

Spring 2024

Level of course

1. First cycle, introductory

Type of course

Core

Prerequisites

No prerequisites.

Schedule

Five lectures a week.

Lecturer

Arnljótur Ástvaldsson

Helga Kristín Auðunsdóttir

Content

This is a basic course in company law. The course will begin with a discussion of the problems and legal sources of company law and the nature of cooperation under the corporate form, and will provide a comparison of that form with other forms of organisation and legal structures. An overview and a comparison of the features of the principal corporate forms under Icelandic law will be provided. The course places particular emphasis on public and private limited companies, as these are the most common corporate forms in Iceland. In this context, the typical company law problems that may arise in connection with the operation of a company will be addressed from both a theoretical and practical perspective, including issues relating to: (i) the features of the so-called limited liability of shareholders, including the inherent advantages and disadvantages, as well as the powers of the courts to lift the corporate veil; (ii) the founding of a company; (iii) the shares and share capital of a company, including the payment of share capital, own shares, dividend payments and loans and guarantees provided by a company in connection with the acquisition of shares; (iv) the management structure of limited companies, including the status of the board, managing director and shareholders, individually and in relation to each other; (v) the status (protection) of the creditors of a company; (vi) the financing of companies; (vii) groups of companies and related issues, including creditor protection; (viii) the merger, demerger and dissolution of companies; and (ix) the legal remedies available to parties who believe that their rights have been violated in connection with the operation of a company.

Learning outcome - Objectives

The goal is for students to acquire basic knowledge of the rules of Icelandic law governing the principal corporate forms and non-profit institutions, with particular emphasis on public and private limited companies. Students should also have acquired skills in addressing company law problems, both practical and theoretical.

Course assessment

Practical assignments, 30%, mid-term examination, 20% and a written final examination, 50%. Submission of assignments is required for taking the final examination.

Reading material

No reading material found.

Teaching and learning activities

Lectures, discussions and practical assignments.

Language of instruction

Icelandic

Private Law II - General laws of obligation

L-205-FJA2

ECTS 8

Administrative Law

L-401-STJR

ECTS 8