Course Title: Law of Insolvency

Part A: Course Overview

Course Title: Law of Insolvency

Credit Points: 12.00

Course Coordinator: Dr Anne Kallies

Course Coordinator Phone: -

Course Coordinator Email:

Course Coordinator Location: Building 13, Cnr Victoria and Russell Sts, Melbourne

Course Coordinator Availability: By appointment

Pre-requisite Courses and Assumed Knowledge and Capabilities

Assumed Knowledge:

054012 Becoming a Lawyer in a Globalised World

054027 Principles of Company Law

Course Description

This course 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.

Objectives/Learning Outcomes/Capability Development


Upon successful completion of this course you will be able to:

  1. Understand and apply the legal principles relevant to corporate insolvency and bankruptcy, liquidation, property available to creditors in bankruptcy and liquidation; and the duties of trustees, receivers, administrators and liquidators;

  2. Critically evaluate key issues in insolvency law;

  3. Analyse and research problems relating to insolvency and make reasoned and appropriate choices amongst alternatives; and

  4. Understand legal issues relating to insolvency and prepare appropriate advice accordingly.

Overview of Learning Activities

To achieve the objectives listed above this course requires you to participate in various learning activities. These activities include the following:

*           engaging in legal research, and

*           participating in class discussion

Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies/Canvas. The lecture notes and workshop notes are posted on Canvas.

RMIT Library provides extensive resources, services and study spaces. All RMIT students have access to scholarly resources including course related material, books, e-books, journals and databases.

Computers and printers are available at every Library. You can access the Internet and Library e-resources. You can also access the RMIT University wireless network in the Library.

Contact: Ask the Library for assistance and information on Library resources and services: Study support is available for assistance with assignment preparation, academic writing, information literacy, referencing, maths and study skills.  Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period.

Overview of Assessment

RMIT Graduate School of Business and Law uses assessment to measure and report on your achievement of capabilities against learning outcomes and to provide you with feedback on your performance and progress. In this course, assessment may include case studies, presentations and authentic assignments.

Assessment Task 1: 20% 

Linked CLOs: 1,2,4

Assessment Task 2: 40% 

Linked CLOs: 1,2,3,4

Assessment Task 3: 40% 

Linked CLOs: 1,2,3,4