UCL FACULTY OF LAWS

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.


RUSSIAN COMMERCIAL LAW (LAWSG089)
Credit value: 30 credits (12 ECTS)
Module Convenor: Professor Hiroshi Oda Other Teachers: N/A
Content

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 and other transactions in Russia. Despite its European origin, Russian law has some unique characteristics, including the occasional appearance of selective application of law. The module focuses on how Russian law operates in reality.

Syllabus:

  • Introduction – An Overview of the Russian Legal System and its Historical Background – from Law-Governed State to “Vertical Integration”
  • The Court System – the Role of Judicial Precedents - are Russian courts reliable?
  • The Civil Code – the Cornerstone of Russian Private Law (a Unified Civil/Commercial Code) – its history and structure
  • Basic Rules of Commercial Transactions – “juristic acts” and good faith doctrine
  • Law of Obligations – conclusion of contracts, non-performance and inappropriate performance
  • Means of Securing Obligations
  • Privatisation of state enterprises = state control over key industries
  • Commercial organisations – public companies and non-public companies
  • Basic rules of company law – some exceptions to limited liability?
  • The System of Corporate Governance
  • Interested party transactions, directors’ liability
  • Bankruptcy Law
  • Foreign Investment Law and the Law on the Procedure of Investing in Strategic Companies
  • Natural Resources Law – Oil and Gas Projects in Russia
  • International Commercial Arbitration – Enforcement of Foreign Arbitral Award

Background Reading (optional):

Russian Commercial Law, 2nd edition, Kluwer International, 2007

Module reading lists and other module materials will be provided via online module pages, once students have made their module selections upon enrolment in September.

Delivery and enrolment
Lectures/Seminars: 20 x 2-hour seminars
Tutorials: None
Previous module enrolments: Small – less than 15 students
Who may enrol: LLM students, other UCL Masters students
Prerequisities: None
Barred module combinations: None
Core Module for LLM specialism: Comparative Law, International Commercial Law
Assessment
Final Assessment: 3-hour unseen written examination
Practice Assessment: Mock examination

This page was last updated on 28 July, 2014

APPLICATION NOTICES

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.