Monash University

Leader: Dr Oren Bigos

Offered

City (Melbourne) Term 3 2008 (On-campus block of classes)

Synopsis

The unit introduces practising lawyers to legal aspects of debt finance for corporations. It is taught from a practical perspective and provides understanding and analysis of:

1. forms of credit
2. legal aspects of security
3. legal issues arising in specific structures of corporate finance
4. the law of set-off and netting to enable appreciation of complex financial structures: derivatives and securitisation
5. corporate insolvency

Discussion of comparative dimensions of corporate debt finance law will be encouraged.

Objectives

A candidate who successfully completes this unit should be able to:

1. Have a broadly based understanding of key principles in credit and security law;
2. Develop the skills to identify the legal issues or considerations that typically arise in corporate financing transactions; and
3. Understand the underlying principles of corporate insolvency law, and how these impact on financing transactions.

Assessment

One research assignment (3,750 words): 50% One take-home examination (3,750 words): 50%

Contact hours

24 Hours

Prerequisites

nil

Co-requisites

nil

Prohibitions

nil