• Semester 2 (External)

Synopsis

It  is  undeniable, particularly in relation to the past decade,  that
insolvency  has  become  a factor which many businesses  have  had  to
confront.  Insolvency does not necessarily mean that a  business  must
terminate  and  this  unit  seeks to  build  on  an  understanding  of
bankruptcy and liquidation by considering administrations which can be
invoked  in  an  attempt to reconstruct the position of an  insolvent.
Those insolvency administrations examined include Part X arrangements,
receiverships,   voluntary  administrations  and  deeds   of   company
arrangement.