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MLL318 - Corporate Insolvency Law

Year:

2021 unit information

Important Update:

Unit delivery will continue to be provided in line with the most current COVIDSafe health guidelines. This may include a mix of on-campus and online activities. To find out how you are impacted, please check your unit sites for announcements and updates. Unit sites open one week prior to the start of each Trimester/Semester.

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Last updated: 4 June 2021

Enrolment modes:Trimester 3: Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 3: Kimberley Littorin
Previously:Insolvency
Cohort rule:

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

Prerequisite:

MLL111 and 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 companies are unable to pay their debts, there are significant legal consequences for parties connected with the companies. This unit examines the meaning and nature of insolvency. It examines the potential consequences of insolvency for the individuals who ran the company and the rights and obligations of employees, creditors (including the Australian Taxation Office) and other parties linked to the company 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.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Explain the principles, rules and regulations governing corporate insolvency law. 

GLO1: Discipline-specific knowledge and capabilities

ULO2

Critically analyse the regulatory framework, scholarly commentaries and other authoritative sources in corporate insolvency law. 

GLO4: Critical thinking
GLO5: Problem solving

ULO3

Ethically curate, evaluate and critique the primary and secondary resources relevant to a particular topic in corporate insolvency law.

GLO3: Digital literacy

ULO4

Critically analyse complex fact situations and apply discipline knowledge to reach well-reasoned conclusions about rights and obligations.

GLO4: Critical thinking
GLO5: Problem solving

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 

(Individual) Essay
Part A: Literature review
Part B: Research essay

Part A: 500 words
Part B: 2500 words

Part A: 10 %
Part B: 30%

 

Part A: Not yet available
Part B: Not yet available

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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