LAW8111 Advanced Insolvency Law and Practice II (FOBUS)


Semester 2 (EXT)Toowoomba


Units 1.0 (Business and Commercial Law) Band 3


Pre-requisite: LAW5503 or an understanding of Australian Legal Principles


Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at <http://www.usq.edu.au/ict/students/standards/default.htm>.


Synopsis

Insolvency is a factor which many businesses have to confront. Modern approaches to insolvency mean that a business does not necessarily terminate as a result. This course seeks to build on an understanding of bankruptcy and liquidation by considering administrations which can be invoked in an attempt to reconstruct the financial position of an insolvent person or company. Those insolvency administrations examined include Personal Insolvency Agreements under Part X of the Bankruptcy Act, receiverships, voluntary administrations and deeds of company arrangement.