Skip to main content
Unit of study_

Business Failure and Restructuring - CLAW2202

Year - 2018

Financial difficulty is an ever present reality for individuals and businesses. This unit addresses corporate insolvency and the bankruptcy of individuals and their consequences, and legal and commercial strategies for financial rehabilitation. The focus of the unit is corporate insolvency and the forms of external administration (receivership, voluntary administration, deeds of company arrangement, schemes of arrangements and winding up) designed to either rescue the corporation or, if this is not possible, to provide a fair and orderly process for dealing with its property. Particular emphasis is given to rescue and reconstruction under voluntary administration. Director's duties in the insolvency context, and corporate group and cross-border insolvency, are also discussed.

Classes
Three hours of classes per week which may include one or more of the following: lectures; seminars; tutorials or workshops

Assessment
class participation (15%), class test (25%), presentation (25%), presentation questions (15%), final exam (20%)

Pre-requisites

CLAW2201 or CLAW1003 or CLAW2214

Prohibitions

CLAW2002

Details

Faculty: Business (Business School)

Semester 2

30 Jul 2018

Department/School: Business Law
Study Mode: Normal (lecture/lab/tutorial) day
Census Date: 31 Aug 2018
Unit of study level: Senior
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: Yes
Faculty/department permission required? No
Location
Camperdown
Courses that offer this unit

Non-award/non-degree study If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student. Cross-institutional study If you are from another Australian tertiary institution you may be permitted to undertake cross-institutional study in one or more units of study at the University of Sydney.

To help you understand common terms that we use at the University, we offer an online glossary.