This course will examine the basic concepts and principles informing corporate insolvency regimes to identify and evaluate the incentives embedded in them and the goals sought to be achieved. Perspectives from other jurisdictions will be used, where relevant, to evaluate corporate insolvency processes and outcomes. Topics to be discussed include:
- Theories and goals of corporate insolvency
- Rescue versus liquidation
- Incentives to initiate corporate insolvency processes
- Director liability
- Insolvency professionals
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Investigate and critically evaluate corporate insolvency theories and principles.
- Reflect critically on corporate insolvency processes.
- Explore and review developing issues and debates with respect to corporate insolvency and the management of corporate assets (for example cryptocurrencies).
- Critically analyse and assess complex information at a theoretical level to develop understanding of and problem solving skills with respect to corporate insolvency and communicate solutions to a variety of audiences.
- Plan and conduct legal research on practical and policy questions relating to corporate insolvency.
Indicative Assessment
- Contributions to online blog (800 words x 3 blogs; 2,400 words) (30) [LO 1,2,3,4]
- Peer review of blog posts (20) [LO 1,2,3,4]
- Research Essay (3,800 words) (50) [LO 1,2,3,4,5]
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
- Classes offered in non-standard sessions will be taught on an intensive base with compulsory contact hours (approximately 26 hours of face to face teaching). The course will also require advanced preparation through assigned readings. In total, it is anticipated that the hours required for completion of this course (class preparation, teaching and completion of assessment) will not exceed 120 hours.
- Classes offered during semester periods are expected to have three contact hours per week.
Click here for the LLM Masters Program course list
Inherent Requirements
Not applicable
Requisite and Incompatibility
Prescribed Texts
Students must rely on the approved Class Summary which will be posted to the Programs and Courses site approximately two weeks prior to the commencement of the course. Alternatively, this information will be published in the Program course list when known.
Preliminary Reading
None
Assumed Knowledge
It is assumed the student will have a basic understanding of corporations law.
Fees
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- 34
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2023 | $4860 |
- International fee paying students
| Year | Fee |
|---|---|
| 2023 | $6180 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
Winter Session
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 4642 | 04 Sep 2023 | 05 Sep 2023 | 15 Sep 2023 | 03 Nov 2023 | Online | View |
