LL442E Half Unit
This information is for the 2021/22 session.
Prof Sarah Paterson NAB6.06
This course is available on the Executive LLM. This course is not available as an outside option.
Available to Executive LLM students only. This course will be offered on the Executive LLM during the four year degree period. The Department of Law will not offer all Executive LLM courses every year, although some of the more popular courses may be offered in each year, or more than once each year. Please note that whilst it is the Department of Law's intention to offer all Executive LLM courses, its ability to do so will depend on the availability of the staff member in question. For more information please refer to the Department of Law website.
This course is concerned with the principles and policies underlying the rescue of financially distressed companies and businesses. The course considers formal legal procedures available for dealing with companies and businesses in financial distress. Topics include: Chapter 11 as a Rescue Procedure. Corporate Rescue Procedures in the UK. The European Restructuring Directive. The Theory and Philosophy of Rescue.
24-26 hours of contact time.
All students are expected to produce one 2,000 word formative essay during the course.
A full Reading List will be distributed during the course. The recommended text is V. Finch and D. Milman, Corporate Insolvency Law: Perspectives and Principles (Cambridge University Press, 2017) (3rd edition). Wider background reading will include some comparative law reform and other material including: R. Olivares-Caminal et al, Debt Restructuring (Oxford University Press, 2013) and the ABI Commission to Study Reform of Chapter 11 Final Report
Assessment path 1
Essay (100%, 8000 words).
Assessment path 2
Take-home assessment (100%).
Course selection videos
Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.
Important information in response to COVID-19
Please note that during 2021/22 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the differing needs of students in attendance on campus and those who might be studying online. For example, this may involve changes to the mode of teaching delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.
Total students 2020/21: Unavailable
Average class size 2020/21: Unavailable
Controlled access 2020/21: No
Value: Half Unit
Personal development skills
- Specialist skills