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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