NBA 6121

Bankruptcy

Course Description

Course information provided by the Courses of Study 2020-2021.

This course will cover selected topics in the law of debtors and creditors and serves as a general introduction to the central place of debtor-creditor relations in our economy. The class connects to legal and policy discussions about financial leverage, the economic and social consequences of insolvency, and the proper extent of bankruptcy relief. It includes coverage of the fresh start in consumer bankruptcy, liquidation and rehabilitation provisions, avoiding powers (including preferences and fraudulent conveyance), priorities in asset distribution, business reorganization, and (briefly) issues such as municipal and sovereign bankruptcy.

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