Prof. David Kershaw

This course is available on the LLM (extended part-time), LLM (full-time), MSc in Law and Accounting and University of Pennsylvania Law School LLM Visiting Students. This course is available with permission as an outside option to students on other programmes where regulations permit.

This course is capped at 90 students. Students must apply through Graduate Course Choice on LSEforYou.

This course will look at the regulation of the market for corporate control in the United Kingdom and the United States. The course focuses in particular on the regulation of the bid process and takeover defence regulation in the UK and the US. For a full topic and reading list, see the Moodle web site.

20 hours of seminars in the MT. 2 hours of seminars in the ST.

There will be a Reading Week in week 6 of MT

1,500 word essay.

A full reading list will be made available via Moodle at the beginning of the course. Background material can be found in D. Kershaw, Principles of Takeover Regulation (OUP, 2016), R. Kraakman et al, The Anatomy of Corporate Law (2004), Chapter 7; B. Black, The Law and Finance of Corporate Acquisitions (1995); and W. Carney, Mergers and Acquisitions (2003).

Exam (100%, duration: 2 hours, reading time: 15 minutes) in the summer exam period.