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Corporate Insolvency Law
Last Updated Date:   10 June 2022


8 Credits,  Semester 2

Course Description:
Insolvency law is relevant to virtually all aspects of commercial activity. This course consists of three major components of insolvent winding up, rescue and cross-border insolvency. For insolvent winding up, the topics include the initiation and effects of insolvent winding up, assets of the insolvent company, disclaimer, pari passu principle, proof of debts, set-off, avoidance provisions and improper trading. The topics for rescue include informal workout, receivership, judicial management and scheme of arrangement. The part on cross-border insolvency is mainly concerned with examining Singapore’s enactment of the UNCITRAL Model Law on Cross-Border Insolvency.

Cautionary note for students from Civil Law Jurisdictions: a background knowledge of common law subjects is assumed, including contract, tort, equity, and company law.

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Course Convenor: A/P Wee Meng Seng

Co-teacher(s): NA

Module Codes: LL4402 / LL5402 / LL6402 / LLJ5402

Contact Hours: Two, 3-hr weekly seminars

Workload: 15 hours

Mode of Assessment: Class Participation - 10% & Final Exam - 90%

Preclusions: Nil

Prerequisites: (a) NUS Compulsory Core Law Curriculum or common law equivalent. (b) Company Law [LC2008) or its equivalent in a common law jurisdiction (may be taken concurrently).

Examination Date: Wednesday, 26 April 2023 (AM)

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