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Unit of study_

Commercial Trusts - LAWS6333

Year - 2020

This unit explores Australian trading trusts and managed investment schemes and the legal position of the investors, trustees and external parties who are involved with them. The use of these trusts is widespread and in aggregate they hold massive wealth. In many senses they operate as surrogate companies but participants do not enjoy the protections provided by the Corporations Act 2001 to those who are involved with companies; their governing regime remains the general law of trusts (with some statutory overlay). Many of the issues are not well understood and sometimes not even identified; even where they are, privately structured solutions are not always effective. The issues acquired prominence in the post-GFC environment as these trusts faced financial distress and litigation. Outcomes have not always been predictable or consistent with participants' expectations and gaps in the law have emerged. This unit builds on conventional trust and company law units by examining, in an applied way, the commercial trust as a modern business association. The material assumes that students have successfully completed at least undergraduate level study of trust law (even if as part of a more general course on property and/or equity) and corporations law.

Oct 23, 24 & Nov 6, 7 (9-5)

class participation (10%), assignment (40%) and 5000wd essay (50%)

N D'Angelo, Commercial Trusts, LexisNexis Butterworths, 2014

Additional information
Available to students who have previously completed trust law or corporations law as part of an undergraduate law degree. Academic Profile The unit is also available on a Continuing Professional Development basis


Faculty: Sydney Law School

Intensive November

19 Oct 2020

Department/School: Law
Study Mode: Block mode
Census Date: 13 Nov 2020
Unit of study level: Postgraduate
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: No
Faculty/department permission required? No
More details
Unit of Study coordinator: Dr Nuncio D'Angelo
HECS Band: 3
Courses that offer this unit

Non-award/non-degree study If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student. Cross-institutional study If you are from another Australian tertiary institution you may be permitted to undertake cross-institutional study in one or more units of study at the University of Sydney.

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