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Course Descriptions

Course Descriptions

Bankruptcy: Debtors and Creditors (Fall 2017)

  • Course Number: LAW-647
  • Class Number: 03304
  • Instructor: George Webster

Course Description

Donald Trump’s use of the Bankruptcy Code has been and will likely continue to be the subject of debates and media attention; less often mentioned is the Clintons’ relationship to the bankruptcy laws. There’s almost always a bankruptcy angle, and this course will provide the background for spotting issues and understanding the law.

The course provides an overview of the substantive rights and obligations of debtors and creditors, and applicable procedures, in cases under the Code.  While the course will focus on cases under chapter 7 (i.e., liquidation cases), it will emphasize areas of broader applicability in chapter 7, chapter 11 (reorganization), and chapter 13 (wage earner) cases, including the concept and contours of property of the estate, litigation arising under the Code (e.g., avoidance power claims such as preference and fraudulent transfer claims), the treatment of executory contracts, and the allowance, priority, and dischargeability of claims.  We will also review the provisions of chapter 13 and there will be some material covered relating particularly to chapter 11 reorganizations.

Course Details

  • Unit Value: 3
  • Grading Options: Numerical or CR/D/F
  • Schedule: M/W 5:00 pm - 6:15 pm
  • Room Number: Room 103
  • Exam: In-class exam
  • Writing Requirement: No
  • Skills Requirement: No
  • Participation: Up to .3 points may be awarded for voluntary participation