LLM Programme

The taught modules offered on the LLM programme vary from year to year. Please check the full list of taught modules list for details of modules running in specific academic years. We make every effort to ensure that every module will be offered, but modules are subject to change and cancellation. You are therefore advised to check this site regularly for further updates throughout the year preceding entry to the LLM programme.

Credit value: 30 credits (12 ECTS)
Module Convenor:
Professor Hiroshi Oda
Intercollegiate teaching: No
Teaching Method: 20 x two-hour seminars
Who may enrol: LLM students, Other UCL Masters students
Prerequisites: None
Barred module combinations: None
Core module for specialism: Comparative Law, International Commercial Law
Practice Assessment: To be confirmed
Assessment method for Masters students: Three-hour unseen written examination
Module Overview

Module summary

This module covers the business and commercial aspects of Russian law. The topics covered in the module include foreign investment regulations, contract law, company law, natural resources law, and law on dispute settlement (primarily international commercial arbitration).

The module is intended to give students a broad knowledge of law needed for foreign investment in Russia. Despite its European origin, Russian law has some unique characteristics, including the occasional appearance of "legal nihilism". The module focuses on how Russian law operates in reality.

Module syllabus

  • Introduction – An Overview of the Russian Legal System and its Historical Background
  • Sources of Law – the Role of Judicial Precedents
  • The Civil Code – the Cornerstone of Russian Private Law (a Unified Civil/Commercial Code)
  • Basic Rules on Commercial Transactions
  • Property Law – Land Law
  • Law on Obligations – Contract and Tort
  • Means of Securing Obligations
  • Company Law (1) Privatisation and its Aftermath
  • Company Law (2) Setting up Companies in Russia
  • Company Law (3) System of Corporate Governance
  • Banking Law
  • Bankruptcy Law
  • Natural Resources Law – Oil and Gas Projects
  • Dispute Settlement – Courts
  • International Commercial Arbitration – Enforcement of Foreign Award

Recommended materials

Russian Commercial Law, 2nd edition, Kluwer International

Preliminary reading: to be confirmed
Other information: N/A
Prizes for this module: There are currently no prizes available for this module.


The application process for the 2014-15 academic session, for entry in September 2014, is now closed.

Information regarding applications for September 2015 will be updated on the website in September 2014.

IMPORTANT NOTICE : Updated 28 May 2014

The Home Office issued an update about the acceptance of ETS tests (including TOEFL). They have now confirmed that Higher Education students applying for a Tier 4 visa may use a TOEFL test taken after 17 April, if a Higher Education Institution is willing to use its academic discretion. For those students entering in September 2014, UCL will continue to accept the TOEFL even if it was taken after 17 April. However, if an applicant still needs to book a test then we recommend that they take an alternative test to TOEFL. Those who have already arranged to take a different test following the previous advice from the Home Office, we encourage you to go ahead with taking the alternative test.

The TOEFL test will continue to be accepted for 2014 entrants who have been asked to take an English language qualification as part of their offer condition, and do not need to apply for a visa to study in the UK.