Corporate Insolvency - LAWS8095
Faculty: Faculty of Law
School: Faculty of Law
Course Outline: See below
Campus: Sydney
Career: Postgraduate
Units of Credit: 6
EFTSL: 0.12500 (more info)
Indicative Contact Hours per Week: 2
Enrolment Requirements:
Prerequisite: Academic Program must be either 9200, 9210, 5740 or 9230
Excluded: JURD7695
CSS Contribution Charge: 3 (more info)
Tuition Fee: See Tuition Fee Schedule
Further Information: See Class Timetable
View course information for previous years.
Description
LLM Specialisation
Recommended Prior Knowledge
Course Objectives
- Critically appreciate the philosophy, nature and interrelationship of each insolvency administration regime including recent and proposed reforms.
- Implement legal strategies for managing and dealing with insolvent or near-insolvent companies.
- Understand the rights and obligations of various stakeholders including directors, employees, secured and unsecured creditors, shareholders and insolvency practitioners.
- Understand practical issues associated with recent prominent Australian administrations.
- Evaluate Australian insolvency law in the global context.
Main Topics
- Philosophy of modern insolvency law
- Compulsory and voluntary winding up
- Directors' duties at or near insolvency
- Voidable transactions
- Voluntary administration
- Receivership and security interests
- Restructuring and work-outs
- Comparative insolvency law
- Cross-border insolvency
Assessment
Class test (week 6) 20%
3000 word take-home exam 60%
Course Texts
Prescribed
- A set of reading materials which contains the required reading for each week will be available to students at the UNSW bookshop on campus a fortnight before teaching starts.
- A textbook will also be prescribed - refer to the course outline which will be provided by the lecturer at the beginning of the relevant semester.
Resources