79033 Insolvency Administration

Description

Students completing this subject explore the law relating to the regulation of insolvent individuals and the procedures relating to the administration of companies undergoing external administration. Students examine the legal procedures involved in insolvency law (such as bankruptcy petitions, lodging proofs of debt and distribution of insolvent estates) as well as the impact of insolvency upon stakeholders such as employees, unsecured creditors, and individual or corporate players. Particular emphasis is placed on the various methods of administering insolvent estates including discussing powers of insolvency administrators, voluntary administration, liquidation and the rights of creditors.