This course is part of the 2023 Augsburg Summer Program and taught by Prof. Kathleen Van der Linde (University of Johannesburg).
This course guides the student to a functional comparison of divergent regulatory responses to core problems in corporate insolvency law. It considers the two main insolvency procedures - liquidation (bankruptcy) and rescue (restructuring) - in Germany, the USA, the UK and Singapore. It explores insolvency theory and comparative law methodology before focusing on how these jurisdictions regulate various stakeholder conflicts that arise when a company becomes financially distressed. Basic principles of cross-border insolvencies are also covered.
