2020 unit information
Classes and seminars in Trimester 2, 2020 will be online.
Last updated: 2 June 2020
For Bachelor of Laws (including combined Law awards) students only
Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.
1 x 2 hour class and 1 x 1 hour seminar per week
1 x 2 hour class (recordings provided) and 1 x 1 hour online seminar per week
When businesses are unable to pay their debts, there are significant legal consequences for parties connected with the business. This unit examines the meaning and nature of insolvency. It examines the potential consequences of insolvency for the individuals who ran the business and the rights and obligations of employees, creditors (including the Australian Taxation Office) and other parties linked to the business or its officers. The unit also explores the process leading to insolvency; other options that may be available to businesses in financial difficulty and the role of administrators and liquidators.
These are the Learning Outcomes (ULO) for this Unit
At the completion of this Unit, successful students can:
Deakin Graduate Learning Outcomes
Interpret, relate and evaluate the meaning and nature of insolvency
Interpret, relate and evaluate the liability of officers involved with insolvent companies
GLO1, GLO4, GLO5
Interpret, relate and evaluate the rights of employees and creditors of insolvent entities
Interpret, relate and evaluate options to insolvency
Interpret, relate and evaluate the appointment and role of administrators and liquidators
Analyse and judge the role of ASIC and other government regulators in relation to financially-at-risk businesses.
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
GLO key: GLO1: Discipline-specific knowledge and capabilities, GLO2: CommunicationGLO3: Digital literacy, GLO4: Critical thinking, GLO5: Problem solving, GLO6: Self-management, GLO7: Teamwork, GLO8: Global Citizenship
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
The texts and reading list for the unit can be found on the University Library via the link below: MLL318 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
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