Understanding Company Law is a lively introduction to the key principles of the Companies Act 2006 and modern company law. It takes a unique approach to the subject, which also encompasses the important and growing fields of securities regulation, corporate governance and corporate social responsibility.

This book covers all of the key topics that a student reader will encounter in any company law course. The discussion presents the key principles simply, before guiding the reader through the more complex issues that are often the focus of examinations in this subject. It also offers pathways into further reading, while injecting enjoyment back into the topic.

In Understanding Company Law, Professor Hudson provides a straightforward guide to the law, while providing context, detailed analyses of the leading cases, and no little humour.

The second edition covers key recent changes and developments in company law, both case law and statutory, including: two recent Supreme Court decisions on piercing the corporate veil, VTB Capital plc v Nutritek International Corp and others and Prest v Petrodel Resources Limited & Others, and an analysis of the Conservative government’s Green Paper on Corporate Governance.

Online support
Visit the author’s website at www.alastairhudson.com to find podcasts of specially recorded lectures covering the basic principles and an audiobook version of this text.

chapter |8 pages


chapter 1|8 pages

The birth of modern company law

chapter 2|26 pages

The Salomon principle

chapter 3|14 pages

The nature of modern companies

chapter 4|19 pages

The legal structure of a company

chapter 5|9 pages

The ownership of a company

chapter 6|27 pages

The management and operation of a company

chapter 7|32 pages

Directors’ duties

chapter 8|19 pages

Shareholders’ rights

chapter 9|22 pages

Corporate governance

chapter 10|16 pages

The company’s capital

chapter 11|23 pages

Securities regulation and raising capital

chapter 12|9 pages

Mergers and takeovers

chapter 13|13 pages

Corporate insolvency

chapter 14|17 pages

Corporate social responsibility

chapter 15|15 pages

Thinking about company law