| Course
Description: This course introduces you to the law governing
the relations between financially distressed business debtors
(those who owe) and their creditors (those to whom obligations
are owed). We will consider why businesses encounter financial
troubles, and what remedies businesses may pursue outside of bankruptcy
court to solve their troubles. We will then focus on business
reorganization under the Federal Bankruptcy Code. We will consider,
throughout the course, how creditors, debtors and their attorneys
take the effects of bankruptcy law into account in (i) counseling
clients, (ii) negotiating, documenting and performing contracts,
(iii) reducing risk, and (iv) resolving disputes with and without
litigation. Pre/concurrent: Secured Transaction (LAW 554). Recommended:
Debtor's and Creditors' Rights (LAW 562). |
