Interim Trimester 3, 2023 Online | |
Units : | 1 |
School or Department : | School of Law and Justice |
Grading basis : | Graded |
Course fee schedule : | /current-students/administration/fees/fee-schedules |
Staffing
Course Coordinator:
Requisites
Pre-requisite: For students enrolled in one of the following Programs: LLBP or BLAW: LAW1111
Pre-requisite or Co-requisite: For students enrolled in one of the following Programs: BBCM or BCOM or BBUS: LAW2106 or LAW1500 or LAW1501
Overview
The fact that persons and companies will, in a market economy, become insolvent is inevitable. The past decade has demonstrated the need for advisers and those involved generally in commerce to be aware of the issues which confront insolvents and what alternatives can be pursued. To be able to do this requires an understanding of the law as it applies to both personal and corporate insolvency.
The course will provide a comprehensive coverage of the law of insolvency and restructuring as it affects both individuals and corporations. The course examines the major types of insolvency administration provided for by the law, for both individuals and corporations - bankruptcy, Part X arrangements, receivership, voluntary administrations and liquidations. Some emphasis is placed on the process of bankruptcy and liquidation and a major part of the course is a consideration of the provisions dealing with company rescue.
Course learning outcomes
On successful completion of this course, students should be able to:
- locate and analyse primary law materials and secondary materials (as relevant) while examining an issue relevant to insolvency and restructuring law;
- explain the legal principles relevant to defining insolvency; to procedures for and effects of collective insolvency administrations (both bankruptcy and liquidation, as well as the alternatives such as Part X arrangements and voluntary administrations) and secured creditor administrations (that is, receiverships); to administration of the relevant estates, including recovery of property; and to insolvency administrators;
- apply such legal principles to given fact situations in order to determine the likely outcome to issues raised;
- demonstrate satisfactory skills in communication.
Topics
Description | Weighting(%) | |
---|---|---|
1. | The principles of insolvency law | 10.00 |
2. | Bankruptcy | 16.00 |
3. | Arrangements under part IX and part X | 10.00 |
4. | Liquidation | 24.00 |
5. | Receivership | 10.00 |
6. | Voluntary administration | 20.00 |
7. | Deeds of company arrangement | 10.00 |
Text and materials required to be purchased or accessed
Student workload expectations
To do well in this subject, students are expected to commit approximately 10 hours per week including class contact hours, independent study, and all assessment tasks. If you are undertaking additional activities, which may include placements and residential schools, the weekly workload hours may vary.
Assessment details
Description | Group Assessment |
Weighting (%) | Course learning outcomes |
---|---|---|---|
Quiz 1 | No | 20 | 1,2 |
Problem Solving | No | 50 | 1,2,3,4 |
Quiz 2 | No | 30 | 1,2,3,4 |