Tab Content: Programme Overview

Week 1: Formation of Business

This topic introduces international commercial law by highlighting the concept of risk in business/commercial activities, providing a brief history of commercial law, discussing various business vehicles as well as the concepts and implications of separate legal personality and limited liability.

Week 2: Management of Business:

Exploring key issues in the trading phase of a commercial enterprise, you’ll consider the importance of finance/capital to commercial activities and how that finance is procured, discussing key concepts like security, guarantees, retention of title and receivables financing. Finally, you’ll consider options for resolving international commercial disputes, with the focus on globally-used measures of arbitration.

Week 3: Insolvency and Commercial Transactions

You’ll explore the notion of insolvency as a pervasive issue in international commercial law. It will highlight the impact of insolvency on commercial activity as well as the twin ideals of insolvency regimes to facilitate the restructuring/rescue of an insolvent entity or to procure a sensible distribution of available assets to creditors. Finally, the future of insolvency and other commercial law regimes in light of Brexit will be considered.

Intercultural and social experience

Throughout the three weeks, you will be accompanied by Lancaster Student Ambassadors who will help you settle into Lancaster, showing you around campus, and answering your questions. They will also lead evening social activities and weekend trips, giving you plenty of chances to make new international friends.

A 2-night stay in London is also included in the programme.