Mayson, French & Ryan on Company Law
Publisher: Oxford University Press
Authors: Derek French, Stephen Mayson & Christopher Ryan
Edition: 31st Edition (August 2014)
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Now in its thirty-first edition, Mayson, French & Ryan on Company Law has been thoroughly updated to include the latest developments in company law. These include a revised section on piercing the corporate veil, coverage on the new responsibility on directors to prepare a strategic reporting (which replaced the previous responsibility to include a business review with the directors' report) and new cases including Alpha Sim Communications Limited & Others v CAZ Distribution Services Limited & Others  EWHC 207 (Ch). These revisions have been seamlessly incorporated into this latest edition.
Mayson, French & Ryan on Company Law is split into five parts: introduction; establishment; finance; governance; and insolvency and liquidation. Each part (except for the first and last) include a number of chapters. For example, the part on finance includes chapters on: shares; offering shares to the public; transfer of shares; accounts; distributions and the maintenance of capital; borrowing, credit and security; marketable loans; and market abuse. The part on governance includes chapters on: shareholders; directors; directors' duties; corporate officers and promoters; remedies and maladministration; and acting for a company: agency and attribution.
Mayson, French & Ryan on Company Law is extremely comprehensive and provides a wonderful analysis of the relevant cases and statutory provisions. By tackling the material in this way, it ensures the text is ideal for students and also practitioners who may want to research an unfamiliar area of company law. Its accessibility also means that the principles are explained clearly and with considerable ease. Another excellent feature is the numerous examples of further reading provided by the authors: this provides a treasure-trove of points for further research. The only slight disappointment is the lack of any resources (at the time of this review) on the Online Resource Centre.
In an area of law which is saturated by textbooks, Mayson, French & Ryan on Company Law (whilst being one of the more detailed textbooks) provides an extremely readable and academically stimulating account of company law. It has quickly become one of the leading texts on company law and, in my view, there is no better text. The fact that it is updated annually also means that it is one of the most up to date texts. It should therefore be the first choice for any law student, practitioner or individual interested in company law. Its price, at under £40, also makes it excellent value for money.
Reviewed on 14 December 2014
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