LL442E Half Unit
Corporate Restructuring
This information is for the 2025/26 session.
Course Convenor
Prof Sarah Paterson
Availability
This course is available on the Executive Master of Laws (ELLM). This course is not available as an outside option to students on other programmes.
Available to Executive LLM students only. This course will be offered on the Executive LLM during the four year degree period. The Law School 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 Law School'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 Law School website.
Course content
This course is concerned with the principles and policies underlying the rescue of financially distressed companies and businesses. The course analyses the approach to corporate rescue in the US; the UK; and Europe. Topics include: Chapter 11 as a rescue procedure; corporate rescue in the UK; The European Restructuring Directive; and the theory and philosophy of rescue.
Teaching
24-26 hours of contact time.
Formative assessment
All students are expected to produce one 2,000 word formative essay during the course.
Indicative reading
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
Assessment Pathway 1
Essay (100%, 8000 words)
Assessment Pathway 2
Legal problems (100%)
Key facts
Department: LSE Law School
Course Study Period: Autumn Term
Unit value: Half unit
FHEQ Level: Level 7
CEFR Level: Null
Total students 2024/25: Unavailable
Average class size 2024/25: Unavailable
Controlled access 2024/25: NoCourse selection videos
Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.
Personal development skills
- Communication
- Specialist skills