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LAWS77-117: Insolvency Law and Practice


Insolvency Law and Practice is an elective subject in postgraduate programs offered by the Faculty of Law. This subject is designed to provide an overview of the various forms of insolvency their effect and roles in both personal and corporate environments. It provides an introduction into the protection and regulation of insolvent individuals and corporations, and aims to discuss insolvency within the social context and the impact of insolvency law. Students examine the legal procedure involved in insolvency law (such as bankruptcy petitions, lodging proofs of debt and distribution of insolvent estates) as well as the impact of insolvency upon stakeholders such as employees, unsecured creditors, and individual and corporate debtors. Both individual and corporate insolvency are examined. All aspects of personal and corporate insolvency will be discussed but the subject places particular emphasis on discussing powers of insolvency administrators, voluntary administration, liquidation and the rights of creditors.

Subject details

FacultyFaculty of Law
Semesters offered
  • September 2021 [Standard Offering]
  • May 2022 [Standard Offering]
  • September 2022 [Standard Offering]
  • May 2023 [Standard Offering]
Study areas
  • Law
Subject fees
  • Commencing in 2021: $5,250
  • Commencing in 2022: $5,310

Learning outcomes

1. Basic knowledge of Australian corporate and personal insolvency law. 2. Knowledge of the various types of corporate insolvency options available to companies within the Australian legal framework. 3. Knowledge of the various types of personal insolvency options available within the Australian legal framework. 4. Knowledge of the legal requirements for practitioners within the corporate and personal insolvency jurisdictions.

Enrolment requirements

Requisites: ?


Restrictions: ?

Must be admitted into a Masters Law degree OR LA-43040 Doctor of Legal Science (Research) OR be an approved Law Study Abroad or Law Exchange student.

This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.

Anti-requisites: ?

Subject outlines

Subject dates

Standard Offering
Enrolment opens21/03/2021
Semester start17/05/2021
Subject start17/05/2021
Cancellation 1?31/05/2021
Cancellation 2?07/06/2021
Last enrolment30/05/2021
Withdraw – Financial?12/06/2021
Withdraw – Academic?03/07/2021
Teaching census?11/06/2021
Standard Offering
Enrolment opens18/07/2021
Semester start13/09/2021
Subject start13/09/2021
Cancellation 1?27/09/2021
Cancellation 2?04/10/2021
Last enrolment26/09/2021
Withdraw – Financial?09/10/2021
Withdraw – Academic?30/10/2021
Teaching census?08/10/2021