Core Text: Company Law
Publisher: Oxford University Press
Authors: Alan Dignam & John Lowry
Edition: 10th Edition (August 2018)
Buy from OUP: Click Here
It has been a number of years since I last had the opportunity to read Core Text: Company Law (sixteen years, to be accurate!). I do, however, have fond memories of using it: it gave the reader a clear and accessible account of a notoriously complex area of law. Such texts were always popular with students! I was very pleased to see that Core Text: Company Law continues to do exactly what it did for me sixteen years ago. Whilst covering many more pages, it remains a clear and accessible account of company law: ideal for law students and practitioners wanting an accessible overview of the law.
Core Text: Company Law is split into three parts: (i) fundamental principles, (ii) behind the corporate veil and (iii) issues of corporate authority. Each part has a number of chapters. For example, part (i) includes chapters on: corporate personality and limited liability; promoters and pre-incorporation contracts; and raising capital: equity and its consequences. Part (ii) includes chapters on: share capital; classes of shares and variation of class rights; and statutory shareholder remedies. Part (iii) includes chapters on: corporate management; directors' duties; and corporate rescues and liquidations in outline. This layout is comprehensive but not overwhelming: no mean feat for a company law textbook.
Each chapter follows a similar format for those readers familiar with Oxford University Press' 'Core Text' series: a summary (perhaps better described as an overview); an introduction; the substantive text; further reading; and self-test questions. But there are (somewhat disappointingly) no answers to those self-test questions: instead they form the basis for further discussion and self-inquiry. The text is (on the whole) clear, accessible and engaging. Unfortunately, there is a technical error in paragraph 17.62 where the authors refer to Sections 137 to 139 of the Consumer Credit Act 1974. These provisions were repealed on 6 April 2007 for agreements entered into on or after that date (subject to some technical transitional provisions).
Taking everything into account, I recommend Core Text: Company Law to anyone needing a clear and thoughtful account of the law. It has been thoroughly updated since the last edition to include the latest case-law and legislation updates, plus the Insolvency Service's review of the corporate insolvency framework. It has a treasure trove of further reading sources: vital for anyone wanting to delve into the wealth of commentary and analysis of company law. Its price also means it provides good value for money.
23 December 2019
© Student Law Journal, 2001 -
. All Rights Reserved
Reviewed on 23 December 2019
© Student Law Journal, 2001 - . All Rights Reserved