The Law of Business Structures provides a comprehensive but simplified treatment of the different types of business structures in South African law. The book examines the law of partnerships, business trusts, close corporations and companies, whether large or small and whether formed for a profit-making or a non-profit-making objective. The chapters on company law provide a detailed discussion and explanation of core company law topics. Discussions of modern corporate governance best practices, insider trading and market manipulation are also included.

Excessive theoretical analysis has been avoided, but important legal concepts and principles are nevertheless carefully explained and analysed. Case law and references to legislation have been kept to a minimum, but discussions of the important cases and relevant legislation are included. A glossary of important terms, intended to provide background and guidance to students, is included, and sample questions are provided for each chapter of the book.

Contents Include:

• Table of cases
• Table of statutes
• Glossary
• Introduction and overview
• Partnerships
• Business trusts
• The legal concept of a company
• Types of companies
• Formation of companies and the company constitution
• Corporate capacity, agency and the Turquand Rule
• Groups of companies and related persons
• Shares, securities and transfer
• Corporate finance
• Governance and shareholders
• Governance and the board of directors
• Corporate governance
• The duties and the liability of directors
• The auditor, financial records and reporting
• Public offerings of company securities
• Fundamental transactions, takeovers and offers
• Shareholder remedies and minority protection
• Enforcement and regulatory agencies
• Business rescue and compromises
• Winding-up
• Insider trading and market manipulation
• Transitional arrangements
• Close corporations

Of Interest and Benefit to:

• Law and commerce students
• Practitioners

Key Benefits:

• Examines law of partnerships, business trusts, close corporations and companies
• Glossary of important terms
• Sample questions to test understanding