Bankruptcy and Debtor/Creditor
Description: This is a basic course in debtor/creditor law with an emphasis on business bankruptcy cases and concepts. The course includes an overview of the general principles and forms of relief offered by the federal Bankruptcy Code and discusses the options available to and strategy employed by corporate debtors.
Most of the course is devoted to a study of federal bankruptcy law. The class will provide students with an understanding of not only substantive legal rules but also the structure of the bankruptcy system and the policy goals that it seeks to achieve. Because bankruptcy law is statutory, our studies center on the Bankruptcy Code, supplemented by caselaw, and discussed in class through the medium of problems.
Students are evaluated by means of a final examination and class participation.