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Credits
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Offered
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This course is designed primarily to introduce students to our system of federal bankruptcy law, a subject which permeates almost every area of legal practice. The course will focus on how the Bankruptcy Code modifies creditors' non-bankruptcy rights and how it protects debtors. The key general concepts studied will include: the bankruptcy estate; the different classifications of claims; exemptions; discharge; the automatic stay; preferences; and fraudulent transfers. In examining the different types of bankruptcy proceedings, the course will begin with the rules for liquidations, then explore individual reorganizations, and then finish with an overview of business reorganizations. Throughout the course certain policy aspects of the Bankruptcy Code will be explored.
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3
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Annually/
Spring
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