Teaching Responsibility

LJMU Schools involved in Delivery:

Law

Learning Methods

Lecture

Seminar

Tutorial

Module Offerings

6120LAWBL-JAN-MTP

Aims

Develop a critical understanding of the role and functions of UK corporate insolvency law. Develop a critical understanding of the alternatives to insolvency that are open to financially distressed companies in the UK. Develop a critical understanding of the terminal options for financially distressed companies in the UK. Develop a critical awareness of the effects of insolvency, for the various parties affected by the collapse of a company, and the extent to which these are addressed by the insolvency regime.

Learning Outcomes

1.
Evaluate the aims of modern UK corporate insolvency law
2.
Evaluate current UK corporate insolvency law and practice
3.
Assess the wider social and economic implications of issues arising in the context of corporate insolvency
4.
Demonstrate an ability to apply, and engage critically, with relevant primary and secondary sources
5.
Demonstrate an ability to construct independent arguments, and test their rigour

Module Content

Outline Syllabus:a. Introduction to basic principles b. The rationale and functions of insolvency law c. Rescuing financially distressed companies d. Liquidation of financially distressed companies e. The effects of insolvency on the management of companies f. The effects of insolvency on prior transactions
Module Overview:
Develop a critical understanding of the role and functions of UK corporate insolvency law. Develop a critical understanding of the alternatives to insolvency that are open to financially distressed companies in the UK. Develop a critical understanding of the terminal options for financially distressed companies in the UK. Develop a critical awareness of the effects of insolvency, for the various parties affected by the collapse of a company, and the extent to which these are addressed by the insolvency regime.The insolvency of companies intersects with many areas of commercial life. Companies often transact in such a way as to avoid/manage insolvency risks, and concerns regarding liability affect the way in which they are managed. The financial collapse of a company has an impact on various parties within and outside the company. This course offers students an opportunity to engage with the conceptual and practical issues that arise in this subject area.
Additional Information:The insolvency of companies intersects with many areas of commercial life. Companies often transact in such a way as to avoid/manage insolvency risks, and concerns regarding liability affect the way in which they are managed. The financial collapse of a company has an impact on various parties within and outside the company. This course offers students an opportunity to engage with the conceptual and practical issues that arise in this subject area.

Assessments

Report