Universidad Pública de Navarra - Nafarroako Univertsitate Publikoa

Module/Subject matter

Derecho privado. Derecho mercantil.

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Contents

La asignatura tiene como contenido, en primer lugar, la delimitación de los antecedentes, concepto y fuentes del Derecho Mercantil. En segundo lugar, el estudio de la figura del empresario y de su estatuto jurídico, incidiendo en las diferentes clases que podemos encontrar, sus colaboradores y el régimen de la competencia. El tercer núcleo lo constituyen las sociedades mercantiles con un tratamiento detallado de los diferentes tipos de sociedades, con especial atención a la sociedad anónima.

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General proficiencies

Capacity for analysis and synthesis (C.G.1)

Critical reasoning (C.G. 14)

Ability for reasoning and reflection (C.G.22)

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Specific proficiencies

Critical reasoning on legal questions of Mercantile Law (C.E.b.1)

Ability to write specific documents on legal issues of Commercial Mercantile Law (C.E.b.4)

Ability to perform analyzes and diagnosis, provide support and make decisions in different areas of Mercantile Law (C.E.b.8)

Ability to describe concepts of the subject (C.E.b.9).

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Learning outcomes

• Organize in a coherent and critical way the contents of each one of the subjects.
• Prepare and complete written reports clearly and using precise terminology, on legal commercial topics.
• Use theoretical knowledge to arrive at solutions to real problems.
• Identify the different sources of Commercial Law, interpret and apply them for the resolution of practical problems.
• Students shall be able to identify and distinguish the different areas of Commercial Law.
• Students shall demonstrate a general understanding of Commercial Law.
• Distinguish the different types of commercial companies existing in our legal system.
• To apply to specific cases the contents and skills acquired in the different subjects of the Commercial Law.
• Organize, from a legal-commercial perspective, the subjects acting in commercial and market activities.

  Learning results	Content	Profiencies evaluated	Evaluation method
  Organize in a coherent and critical way the contents of each of the subjects.	Origin, historical evolution, concept and sources of commercial law.    Traders, their legal regime, agents. Partnerships and companies.	A-2, A-3, A-7.	Essays and tests / Theoretical-practical final exam / Attendance .
  Prepare and complete writing related to the subjects under study clearly and using precise terminology	Origin, historical evolution, concept and sources of commercial law Legal regime of traders and agents.  Partnerships and companies	A-2, A-7.	Essays and tests. Theoretical-practical final exam / Attendance .
  Use theoretical knowledge to reach the solutions to real problems.	The sources of mercantile Law.  Traders, their legal regime, agents. Partnerships and companies.	A-1, A-2, A-3.	Essays and tests. Theoretical-practical final exam / Attendance .
  Differentiate the sources of commercial law, interpreting and applying them for the resolution of practical cases	Origin, historical evolution, concept and sources of commercial law. The traders. Agents. Legal regime. Partnerships and companies.	A-1, A-2, A-3.	Essays and tests. Theoretical-practical final exam / Attendance .
  The student will be able to identify and distinguish the different areas of Commercial Law.	Origin, historical evolution, concept and sources of commercial law. The traders. Agents. Legal regime. Partnerships and companies.	A-1, A-2, A-7.	Essays and tests. Theoretical-practical final exam / Attendance .
  Demonstrate a general understanding of Commercial Law.	Origin, historical evolution, concept and sources of commercial law. The traders. Agents. Legal regime Partnerships and companies.	A-7.	Essays and test. Theoretical-practical final exam / Attendance .
  Distinguish the different types of commercial companies existing in our legal system.	Partnerships and companies.	A-1, A-7.	Essays and tests. Theoretical-practical final exam / Attendance .
  To apply to specific cases the contents and skills acquired in the different subjects of the Commercial Law.	The sources of mercantile Law.  Traders, their legal regime, agents. Partnerships and companies.	A-2, A-3, A-7.	Essays and tests. Theoretical-practical final exam / Attendance .
  Organize subjects from a legal-commercial perspective.	Legal regime of traders and agents. Partnerships and companies	A-2, A-3.	Essays and tests. Theoretical-practical final exam / Attendance.

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Methodology

Methodoloy - Activity	Hours for lectures	Hours for personal work
A-1 Lecture / participatiry classes	45
A-2 Practical cases	15	25
A-3 Debates, discussions, group tutoring		10
A-4 Essays
A-5 Reading on legal questions
A-6 Individual study		50
A-7 Exams, Assessment Tests	03
A-8 Individual Tutorship	02
Total	65	85

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Evaluation

Resultado de aprendizaje	Sistema de evaluación	Peso (%)	Carácter recuperable
R205, R185, R15, R114, R155, R3, R95, R13 y R175	Attendance and participation in the classes	10%	NO
R205, R185, R15, R114, R155, R3, R95, R13 y R175	Presentation of personal and individual work on commercial topic	20%	YES
R205, R185, R15, R114, R155, R3, R95, R13 y R175	Final exam	70%	YES

 

 

 

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Agenda

Lesson 1. The notion of Mercantile Law
I. Introduction to Mercantile Law

II. Sources of Law: Spanish Constitution. The Commercial Code and other legal sources. Commercial costumes and usages, general principles. The EU sources of Law

III. Internationalization of Business Law

IV. The enforcement of Business Law in Spain

Lesson 2. Traders and entrepreneurs
I.  Notion and characteristics
III. Types of traders
IV. Trader¿s liability.
V. Sole trader: Becoming a sole trader. The married trader
VI. Companies

Lesson 4. The business
I. The business is an organization: whole of goods and services. The site. Branches and subsidiaries.

II. Sale and lease of the business. Usufruct. The business as a guaranty.

 

Lesson 5. Industrial Property. Competition Law
I. Industrial Property Rights: Inventions (patents, utility models); ornamental and design rights (industrial design); identity signs (trademarks, commercial names); business in internet (web pages and other problems)

II. Competition Law: Competition Law; Unfair competition.

 

Lesson 6. On Companies
I. Introduction. Types of Business Companies. Characteristics of Spanish Companies. Basic Legislation on Companies.

II. Formation of the company

III. Effects of incorporation. 3.1. Legal personality. 3.2. Company Name, Registered Office, Nationality. 3.3. Lifting the veil of legal personality.

 

Lesson 7. Partnerships (Sociedad colectiva y comanditaria)
I. General Partnership (Sociedad colectiva). Formation of a partnership. The agreement. Alteration of the partnership agreement. The relationship between partners: Rights and duties of the partners. The relationship between Partners and third parties. The authority of partners to bind the firm. Partners Liability

II. Limited Partnership (Sociedad Comanditaria): Formation of the partnership. The business name. Relationship between partners. Relationship between partners and third parties

III. Alteration of the partnership agreement. Dissolution and winding up.

 

Lesson 8. Capital Companies. SA/SRL

I. Basic characteristics of SA/SRL. Corporate name, registered office, nationality

II. Formation of an SA: Formalities; The notarial deed; corporate by-laws; Subscription and minimum initial contribution;

III. Registration in the Mercantile Register. Corporation in formation and failure to register

IV. Types of incorporation

V. Nullity of an SA

VI. Branches and subsidiaries

VII. The webpage

 

Lesson 9. SA-SRL. Capital and Contributions.

I. Capital. Principles governing the capital. Contributions to the capital. Types of contributions. Payment of contributions

II. Acquisition of own shares/stakes

III. Ancillary obligations (Arts. 86-89 LSC)

IV. Loan capital. Bonds or debentures

 

Lesson 10: SA-SRL. Shares. Stakes.

I. Shares and stakes as a part of the capital

II. Partners and shareholders rights. Basic rights.

III. Classes and series of shares and stakes Non-voting shares or stakes. Minority holder¿s right. Redeemable shares (acciones rescatables)

IV. Documentation and transfer of shares. Shares represented by certificates. Shares represented by book entries. Transfer of shares. Modus operandi. Limits on transferability

V. Representation and transfer of stakes in SRL.  Representation of stakes. The transfer of stakes

VI. Joint ownership and third parties rights on shares and stakes

 

Lesson 11: SA-SRL. Governing Bodies: General Meeting

I.  General ideas. Types of meetings. Calling for the meeting

II. Constitution of the meeting. The right to attend and vote. Proxies. The chairman of the meeting.  Attendance list. Quorum

III. Celebration of the meeting. Rights of shareholders and partners at the meeting: the right of information. The adoption of decisions. Minute.  

IV. Challenge of Resolutions

 

LESSON 12: SA-SRL. Governing Bodies: Directors

I. The position and structure of Directors. Faculties. Forms of administration. The board of directors

II. General rules for all types of directors. Capacity and prohibitions. Appointment. Retribution. Removal

III. Power of representation

IV. Directors¿ duties. Due diligence. Duty of loyalty

V. Liability of directors. General rules. The enforcement of Director¿s liability. Individual actions for directors¿ liability

 

Lesson 13: SA-SR. Final Accounts. Amendments to the by-laws

I Final accounts. General rules. Duty of accountancy of directors and issue of statements. Financial statement audit. Approval of financial statement and application of the results. Deposit of accounts

II. Amendment of bylaws. Formal requirements. The protection of partners and shareholders

III. Capital increase. Types of capital increase: new shares/stakes, increasing the par value. The decision. New contributions from shareholders and partners.  Increase charged to reserves. Increase charged to offset loans. Increase by converting bonds. Implementation of the decision. Pre-emptive rights. Registry of the capital increase.

IV Capital reduction. Types of reduction. Creditors¿ protection. 

 

Lesson 14: Partner or shareholder exit and exclusion. Dissolution of the company.

I. Exclusion of partners and shareholders

II. Dissolution of the company. Grounds on dissolution. Effects. Legal personality.

III. Liquidation. General provisions. The company on liquidation

IV. Liquidators. Appointment and dismissal. Duties and liability

V. Operational procedures. The balance sheet. Insolvency while liquidation

VI. Extinction of the company

 

Lesson 15. Structural changes in trading companies. Groups of companies
I. Transformation: General ideas. The legal personality. Rights of partners and shareholders. Liability of partners and shareholders.
II. Mergers: General ideas. Types of merge. The process. The program. Reports. Approval in the meeting. Operational activities. The creditors¿ right to oppose. Challenge

III. Split off-divestment. Total divestment. Partial divestment. Separation
IV. Total assignments of assets and liabilities.

V. International Relocation of registered office
VI. Groups of companies.

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Experimental practice program

No procede.

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Bibliography

Access the bibliography that your professor has requested from the Library.

Bibliography basic

In English

MUÑOZ PEREZ, A.F, SERRANO ACITORES, A., MARTINEZ ROSADO, J. Handbook of Spanish Business Law, Tecnos, 2^nd Ed.

PABLO-ROMERO GIL-DELGADO, Mª C. Notes on Spanish Business Law

In Spanish

• DE LA CUESTA RUTE, JOSÉ MARÍA (DIR.) Derecho Mercantil I,  Huygens, (última edición)
• MENENDEZ, AURELIO: Lecciones de Derecho MercantilI, Thomson Reuters  (última edición)
• SÁNCHEZ CALERO, FERNANDO, Instituciones de Derecho Mercantil I, Thomson Reuters, (última edición)Further bibliography which coulb be suggested by the teacher

Web pages

www.boe.es

www.oepm.es

www.oami.org

www.poderjudicial.es

www.europa.eu.int

www.registradores.org

www.rmc.es

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Languages

English. Spanish when necessary.

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Location

Donde las autoridades competentes de la Universidad lo indiquen.

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