| Description | This unit is concerned with the law relating to the bankruptcy of individuals and corporate insolvency. In relation to bankruptcy, it explores the mechanisms by which formal bankruptcy may occur and, the role of the trustee and creditors. It goes on to examine arrangements with creditors outside formal bankruptcy (debt agreements, personal insolvency agreements). In the case of corporate insolvency the areas examined include receivers and other controllers, voluntary administration and deeds of company arrangement, schemes of arrangement and winding up. Other issues discussed include group insolvency and cross border insolvency. |