Bankruptcy

3 units

This course will cover federal bankruptcy law. After a brief overview of state debtor-creditor law, the course will (1) examine the federal bankruptcy system's basic building blocks, (2) then consider issues that arise in cases involving individual debtors under Chapters 7 and 13 of the Bankruptcy Code, and (3) conclude by considering issues that arise in cases involving artificial entities (e.g., corporations) under Chapter 11 of the Code. The majority of class time will be devoted to working through problems that require application of Code provisions to particular fact situations. Attendance and preparation will be required. Grades will be based on a three-hour, closed-book final examination. 3 units.