Not available in 2024/25
LL4AK Half Unit
Principles of Corporate Insolvency Law
This information is for the 2024/25 session.
Teacher responsible
Professor Sarah Paterson
Availability
This course is available on the LLM (extended part-time), LLM (full-time) and University of Pennsylvania Law School LLM Visiting Students. This course is available with permission as an outside option to students on other programmes where regulations permit.
This course has a limited number of places and demand is typically high. This may mean that you’re not able to get a place on this course.
Course content
This course is concerned with the principles and policies underlying the realisation and distribution of a company’s assets in an insolvency. The impact of these principles on third parties such as corporate groups, secured and unsecured creditors, directors, and employees, is also considered. Topics include:corporate governance in distress; corporate insolvency law theory; the distributional order of priority in insolvency; distribution and corporate groups; protecting unsecured creditors; setting aside transactions and European and international recognition of insolvency proceedings.
Teaching
This course will have 20 hours of teaching in the Winter Term and two hours in the Spring Term. There will be a Reading Week in Week 6 of Winter Term.
Formative coursework
One 1,500 word essay.
Indicative reading
A full Reading List will be distributed during the course. For introductory purposes students are directed to V. Finch and D. Milman, Corporate Insolvency Law: Perspectives and Principles (Cambridge University Press, 2017) (3rd edition).
Assessment
Exam (100%, duration: 2 hours, reading time: 15 minutes) in the spring exam period.
Key facts
Department: Law School
Total students 2023/24: 30
Average class size 2023/24: 30
Controlled access 2023/24: Yes
Value: Half Unit
Course selection videos
Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.
Personal development skills
- Communication
- Specialist skills