University of Technology Sydney

76115 Insolvency

6cp
Requisite(s): 70417 Corporate Law OR 70327 Introduction to Property and Commercial Law
These requisites may not apply to students in certain courses. See access conditions.

Description

This subject provides an introduction to the administration and regulation of insolvent individuals and corporations. The subject aims to examine insolvency within the social context and impact of insolvency law. Students examine the legal procedures involved in insolvency law (such as winding up applications, lodging proofs of debt and distribution of insolvent estates) as well as the impact of insolvency on stakeholders such as employees, unsecured creditors, and individual and corporate debtors. Both individual and corporate insolvency are examined. All aspects of personal and corporate insolvency are studied but the subject places particular emphasis on examining the powers of insolvency administrators, voluntary administration, liquidation and the rights of creditors.


Detailed subject description.

Fee information

Information to assist with determining the applicable fee type can be found at Understanding fees.

Access conditions

Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at access conditions and My Student Admin.