Law of Corporate Finance

Product Details:
Author(s):
Cassim, FHI and
Cassim, MF
Year Published:
2021
Edition
1st Edition
Type:
Print | Soft Cover
Language:
English
About this publication
The Law of Corporate Finance discusses, from a company law perspective, the provisions of the Companies Act 71 of 2008 relating to the field of shares, securities, and corporate finance. 
There have, thus far, been few major decisions of the courts providing guidance on this technical branch of company law. The Law of Corporate Finance unpacks the complexity of this field of law, while also examining the Companies Regulations and the common law principles preserved by the Companies Act.
It offers a lucid and comprehensive treatment of this notoriously difficult subject. The Law of Corporate Finance is written to provide guidance to a wide range of persons seeking a proper grasp of both the principles of corporate finance as well as their practical application – from the judiciary, legal practitioners and legal advisors to auditors and accountants, from company directors and company secretaries to academics and students, whether undergraduate or postgraduate. 
The major company law topics in the field of corporate finance are discussed and analysed in this book. A highlight of The Law of Corporate Finance is that it includes a discussion of the legal remedies available to investors when the rules relating to corporate finance have been flouted. A further highlight is the practical examples that illustrate how corporate finance rules work and their shortcomings in specific situations. 
Due to the rapid globalisation of corporate law, a treatment of the legal position in leading foreign jurisdictions has been included, particularly those that have moulded the provisions of the South African Companies Act. These include English law, US law, Australian, Canadian and New Zealand law. This unique perspective provides an invaluable insight into the interpretation and application of the corporate finance provisions of the South African Act. 
Anyone seeking to understand the complex corporate finance rules will find this book to be useful and illuminating.
 
Content
Table of Cases 
Table of Statutes
CHAPTER 1: Sources of Corporate Finance: An Overview 
CHAPTER 2: Nature and Classes of Shares 
CHAPTER 3: Alteration of Class Rights and Minority Protection 
CHAPTER 4: Share Capital 
CHAPTER 5: Issue of Shares 
CHAPTER 6: Legal Incidents of Shareholding 
CHAPTER 7: Debt Instruments and Hybrid Securities 
CHAPTER 8: Distributions to Shareholders 
CHAPTER 9: Share Repurchase and Redemptions 
CHAPTER 10: Financial Assistance for the Shares of a Company 
CHAPTER 11: Financial Assistance for directors and Intra-Group Loans
CHAPTER 12: The Offer of Securities to the Public 
CHAPTER 13: Regulation of Public Offers and the Prospectus 
CHAPTER 14: Sanctions for False and Misleading Prospectuses
Interest / Benefit to