Skip to main content
Unit of study_

Insolvency Law - LAWS3445

Year - 2020

The unit provides an introduction to the mainly statutory law regulating bankrupt individuals and insolvent companies. It explores the objectives and key principles of insolvency law, the pari passu principle, the various forms of insolvent administration including bankruptcy, liquidation, receivership and voluntary administration and associated procedures together with the avoidance of transactions in insolvency. The unit also considers the impact of insolvency on employees, unsecured creditors, shareholders and trustee's of trusts. The unit involves a significant component of statutory interpretation.

2x2-hr seminars/week for 10 weeks

3000wd answer to a problem question (30%) and 2hr exam (70%)

Michael Murray and Jason Harris, Keay's Insolvency: Personal and Corporate Law and Practice (Law Book Co. 10th ed 2018). Students will also need to have access to an up to date copy of the Bankruptcy Act 1966 (Cth) and of the Corporations Act 2001 (Cth).


LAWS2003 or LAWS2014


LAWS3403 or LAWS5145 or LAWS5103


Faculty: Sydney Law School

Semester 1

24 Feb 2020

Department/School: Law
Study Mode: Normal (lecture/lab/tutorial) day
Census Date: 31 Mar 2020
Unit of study level: Senior
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: Yes
Faculty/department permission required? No
More details
Unit of Study coordinator: Mr Lindsay Powers
HECS Band: 3
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.