The global financial crisis heightened interest in and increased calls for efficiency with respect to insolvency procedures, the insolvency aspects of the taking of security, rescue mechanisms, the accountability of decision makers in the context of insolvency, and the structuring of transactions involving credit and security.
The aim of this course is to analyse from a UK perspective the different aspects of the insolvency and/or debt restructuring of corporations. To achieve this aim, the module covers the various procedures available in cases of insolvency and restructuring, the relationship between the general law of property and obligations and insolvency, the law of credit and security issues in the context of distress scenarios, and corporate rescue mechanisms.
The course would enable students to identify common aspects in the dynamics, techniques and mechanisms to deal with distress scenarios and discover innovative trends in a continuously developing area.
This module must be taken at the same time at LAW6036 company Law