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Unit of study_
CLAW2202: Business Failure and Restructuring
2022 unit information
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.
Unit details and rules
Managing faculty or University school:
| Code | CLAW2202 |
|---|---|
| Academic unit | |
| Credit points | 6 |
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Prerequisites:
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CLAW2201 or CLAW1003 or CLAW2214 |
|---|---|
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Corequisites:
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None |
| Prohibitions:
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None |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. identify and analyse legal issues relating to the legal regulation of business failure and restructuring and critically appraise the policies operation in the area
- LO2. resolve regulation of business failure and restructuring problems by applying the relevant law, evaluating the possible solutions and developing coherent arguments to support conclusions
- LO3. communicate about relevant business failure and restructuring topics, orally and in writing, to a professional standard.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
There are no availabilities for this year.
Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
