• Semester 1 (External)

Pre-requisite: 55505
Pre-requisite: Or an understanding of Australian legal principles.

Synopsis

As  the  practicalities of a market economy determine that  businesses
will  fail, insolvency law is an integral part of the legal  framework
of business. This unit seeks to build on a very basic understanding of
bankruptcy  and  corporate  insolvency. The  unit  develops  areas  of
practical   significance   in  the  areas   of   terminal   insolvency
administration:- bankruptcy and liquidation.