Postgraduate - UnitLAW7031 - Corporate insolvency

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

Level	Postgraduate
Faculty	Faculty of Law
Offered	City (Melbourne) Trimester 3 2012 (Day)

Notes

For postgraduate Law discontinuation dates, please see http://www.law.monash.edu.au/current-students/postgraduate/pg-disc-dates.html

Synopsis

Objectives and principles underlying corporate insolvency law. The concept of insolvency. Administration and deed of company arrangement. Procedures for winding up. Assets available for distribution in winding up. Proof and ranking of claims in winding up. Insolvent trading and director's duty to creditors. Voidable transactions. Enforcement of security and receivership. Cross-border insolvency.

Outcomes

Students completing this unit should:

have an appreciation of the objectives of corporate insolvency law
understand the underlying principles of corporate insolvency law
understand the impact of insolvency generally on a corporation's rights and liabilities
have an advanced understanding of the legal principles and rules which govern corporate insolvency, together with an understanding of the practical implications of such rules.

Assessment

Research assignment (7,000 words): 90%
Class participation: 10%

Chief examiner(s)

Mr Michael Sloan

Contact hours

24 contact hours per semester (either intensive, semi-intensive or semester long, depending on the Faculty resources, timetabling and requirements)