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MLL318 - Corporate Insolvency Law

Year:

2020 unit information

Important Update:

Classes and seminars in Trimester 2, 2020 will be online.

Last updated: 2 June 2020

Enrolment modes:Trimester 2: Burwood (Melbourne), Waterfront (Geelong), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 2: Abdullah Alajlan
Cohort rule:

For Bachelor of Laws (including combined Law awards) students only

Previously:Insolvency
Prerequisite:

MLL111, MLL331

Corequisite:Nil
Incompatible with: Nil
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus:

1 x 2 hour class and 1 x 1 hour seminar per week

Scheduled learning activities - cloud:

1 x 2 hour class (recordings provided) and 1 x 1 hour online seminar per week

Content

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

ULO1

Interpret, relate and evaluate the meaning and nature of insolvency 

GLO1, GLO4

ULO2

Interpret, relate and evaluate the liability of officers involved with insolvent companies

GLO1, GLO4, GLO5

ULO3

Interpret, relate and evaluate the rights of employees and creditors of insolvent entities

GLO1, GLO4

ULO4

Interpret, relate and evaluate options to insolvency

GLO1, GLO4

ULO5

Interpret, relate and evaluate the appointment and role of administrators and liquidators

 GLO1

ULO6

Analyse and judge the role of ASIC and other government regulators in relation to financially-at-risk businesses.

GLO1, GLO4

 

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

GLO key: GLO1: Discipline-specific knowledge and capabilities, GLO2: Communication
GLO3: Digital literacy, GLO4: Critical thinking, GLO5: Problem solving, GLO6: Self-management, GLO7: Teamwork, GLO8: Global Citizenship

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)		 Indicative due week 
Written assignment (group of 2 students) 3000 words 40% Week 6
Examination 2 hours 60% Exam period
       

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.

Learning Resource

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.

Unit Fee Information

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