Prerequisites: RCC*. This course will explore all aspects of federal banking regulation, from standards for obtaining a bank charter and federal deposit insurance to restrictions on bank activities and bank failure. It will not canvass the commercial law governing bank transfers or payments already covered by Commercial Law, L601. Satisfies the administrative law requirement.
LAW 641(3 Credit Hours)
LAW 624(3 Credit Hours)
Prerequisites: RCC*. A survey of the fundamentals of bankruptcy law, including the “Automatic stay” of creditor collection activity, the creation of the debtor’s bankruptcy “estate,” the treatment of “executory contracts,” the trustee’s “avoiding” powers, the nature of “claims” against the debtor’s estate, the individual debtor’s right to a “discharge,” “exemptions,” the powers and jurisdiction of the bankruptcy court, and the processes of “liquidation,” “adjustment” of debts of an individual debtor, and “reorganization” of a business.
LAW 637(2 Credit Hours)
Prerequisites: RCC and Bankruptcy (LAW 624); Secured Transactions (LAW 603) is recommended but is not a prerequisite. A survey of bankruptcy and other laws that affect the business decisions to put a business into a Chapter 11 Reorganization and the decisions necessary after the company has filed its Chapter 11 proceedings, including the decisions to file bankruptcy, the DIP financing, jurisdiction and venue, obtaining credit, treatment of executory contracts, review of operating issues, management decisions ethics, claims issues, sale of assets, drafting the disclosure statement, confirmation of the reorganization plan, and post confirmation issues.