Law 629:  Bankruptcy

This is the foundational course for the study of the federal Bankruptcy Code and the legal regulation of debtor-creditor relationships. The course will cover both individual and corporate bankruptcy, and both liquidation and reorganization cases. Some attention is paid in the first part of the course to non-bankruptcy collection law. Topics covered may include the commencement of bankruptcy cases, eligibility for bankruptcy, property of the bankruptcy estate, the automatic stay, executory contracts in bankruptcy, claims and priorities, avoiding powers of the bankruptcy trustee, discharge of debts, and exemptions. 

Sequence and Prerequisites: None

Evaluation: This course will be evaluated by final examination.