Duration
14 weeks
Study method
100% Online
Available loans
- FEE-HELP
Assessments
Subjects may require attendance
Prior study
Required
Australia's largest dual-sector institute, offering both TAFE and higher education, RMIT University proudly delivers work-related education and practical research relevant to current business and community needs. More than 60,000 students study with RMIT, and many of their degrees are available through Open Universities Australia.
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15
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23
Subject details
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- Introduction to insolvency law
- Personal insolvency
- Arrangements outside bankruptcy
- Receiverships
- Administration
- Schemes of arrangement
- Liquidation
- Issues in cross-border insolvency
You must have successfully completed the following subject(s) before starting this subject:
RMI-OJD110-Introduction to the Australian Legal System and Legal Methods ;
You are recommended to have completed the following subjects(s) or have equivalent knowledge before starting this subject:
Special requirements
No special requirements
This unit examines insolvency principles and the relevant provisions of the Corporations Act and the Bankruptcy Act. Specific areas of study include the processes by which insolvency proceedings are instituted, different forms of administration of insolvent companies; arrangements under the Bankruptcy Act, the effect of insolvency on the debtor; and the powers and duties of the insolvency practitioner. Cross border insolvency will also be covered.
- Assessment (50%)
- Open Book Invigilated Exam (50%)