LAWS6038 - Debt Financing

Objectives

Explore legal aspects of debt financing in an increasingly global market environment.
Examine enforcement issues in the insolvency context. Consider the types of protection for which creditors should have bargained to safeguard their positions.

Content

The nature and priority of charges; the lender/trustee/manager relationship; financial covenants; negative pledges; hybrids; guarantees and third party securities; issues involving secured creditors; setoff; aspects of enforcement by creditors; voluntary administration; subordinated debt; receivership.

Session

Semester 1 2013
Monday Evenings, 6-8pm

The timetable is subject to frequent changes. Please refer to the latest version of the Postgraduate Timetable.

Assessment

2 x Class Presentation (20% each)
1 x Exam (60%)

Assumed Knowledge

Presumption of law degree

LAWS6810 - Introductory Corporate Law or background in Australian corporate law.

Legal Professional Development (LPD)

You can credit this unit towards Legal Professional Development (LPD). Units of study that are part of Sydney Law School’s Postgraduate Program meet the necessary Mandatory Continuing Legal Education (MCLE) of the Law Society of New South Wales and the Continuing Professional Development (CPD) requirements of the New South Wales Bar Association. You may complete this unit of study by enrolling on a non-degree basis or on an audit basis only with no assessment via Single Unit Enrolment.

Courses this unit is available in

The University of Sydney - Sydney Law School