LAW - 706B Lawyering: Hot Topics in Business Bankruptcy Practice

2 unit(s)
A business has been a center of its community for decades, but now it’s struggling - global competition, a defective product, a faltering economy, changes in management, have taken a toll. Thousands of jobs hang in the balance. Will the company survive? In this course, students will be introduced to the options and strategic decisions that a business entity facing financial stress may encounter. The course will have four components: first, we will explore basic concepts of business finance in an effort to recognize financial distress; second, negotiations among the students will determine whether the business can survive outside of bankruptcy; third, a simple drafting exercise; and fourth, oral argument will introduce the students to the bankruptcy court’s fast-paced motions practice and help determine whether the business can survive in bankruptcy. This course is open only to first-year JD students.

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