MLL318 - Corporate Insolvency Law
| Year: | 2021 unit information |
|---|---|
| Enrolment modes: | Trimester 3: Burwood (Melbourne), Waterfront (Geelong), Cloud (online) |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Cohort rule: | For Bachelor of Laws (including combined Law awards) students only |
| Previously: | Insolvency |
| Prerequisite: | MLL111 and MLL331 |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| 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 (online) | 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.
Unit Fee Information
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