Description

Written by leading academics in the area, Pettet, Lowry & Reisberg's Company Law offers comprehensive coverage of all major company law and financial regulation topics. It also introduces you to the theories, policies and wider socio-economic and political influences that underpin the legal principles, making it an essential guide to company law for all undergraduate and postgraduate students.

This fifth edition has been thoroughly updated to cover all significant legal developments in company law, including:

· Discussion of the statutory objectives of the Financial Services Act 2012, the Banking Reform Act 2013 and the Bank of England and Financial Services Act 2016

· Consideration of the new Directive on Markets in Financial Instruments (MiFIDII) and the new Regulation on Markets in Financial Instruments (MiFIR)

· Chapter 9 is a new addition to the book, which explores the specific duties that directors are subject to in more detail

· Several major consultations relating to corporate governance that were published in the UK in 2015-2017; the current version of the UK Corporate Governance Code; and an illuminating discussion of the new proposed revised Code

· Discussion of new double derivative action cases, as well as new derivative suit cases in other jurisdictions

· An in-depth analysis of the new regulatory framework of Credit Rating Agencies, focused on enhancing competition in the credit rating market and rules aimed at reducing over-reliance on credit ratings

· Important new case law on FSMA 2000 and the recent decision of the Supreme Court in Asset Land

· Analysis of the Prospectus Regulation 2017 and the very recent review of the UK listing regime

· An extensive review of the new EU Market Abuse Regulation (MAR) and a number of new insider dealing cases

· The recent important changes that have been made to enhance the company insolvency regime, supported by a robust but fair disqualification procedure. In particular, changes introduced by the Small Business, Enterprise and Employment Act 2015, the recommendations of the Graham Report and the Insolvency (England and Wales) Rules 2016