Module Information

Module Identifier
Module Title
Academic Year
Intended for use in future years

Course Delivery

Delivery Type Delivery length / details
Other Private study on DL units; Preparation and submission of written assignment; Additional research and private study


Assessment Type Assessment length / details Proportion
Semester Assessment Module Assessment  Written Assignment of 5,000 words  100%

Learning Outcomes

On successful completion of this module students should be able to:

1. Display a knowledge and understanding of the issues involved both from a legal and commercial perspective.
2. Display a knowledge and understanding of the legal principles associated with corporate insolvency law both in the UK and in selected other countries, in particular, Australia, China, France, Germany and the United States.
3. Critically evaluate the current judicial and legislative approach towards insolvency mechanisms employed to attempt to provide an alternative to the liquidation of insolvent companies.
4. Display an ability to access the relevant literature and materials in this field and how to use them in a critical discussion of the issues covered by this subject.
5. Present critical and well-informed argument regarding the problems of achieving an effective balance between the need to protect creditors while attempting to rescue companies in financial distress.

Brief description

This module will provide an opportunity to examine key substantive legal issues associated with corporate rescue. The principal areas to be studied in depth include: traditional approaches to corporate insolvency law; what is meant by corporate rescue; the aims and objectives of a corporate rescue regime; a comparative study of corporate rescue schemes in a number of jurisdictions including Australia, China, France, Germany, the United Kingdom and the United States.


1. Traditional approaches to corporate insolvency law.
2. The meaning of the term ’corporate rescue’
3. Aims and objectives of corporate rescue regimes.
4. A comparative study of corporate rescue schemes including case studies in the countries mentioned above.

Reading List

Recommended Text
Finch, Vanessa (2009) Corporate Insolvency: Perspectives and Principles 2nd Cambridge University Press Primo search Goode, Roy (2005) Principles of Corporate Insolvency Law 3rd Sweet & Maxwell Primo search McCormack, Gerard (2008) Corporate Rescue Law – An Anglo-American Perspective Hart Publishing Primo search


This module is at CQFW Level 7