Students

LAWS5082 – Insolvency Law

2025 – Session 3, In person-scheduled-weekday, North Ryde

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff Convenor/Tutor
Tony Antoniou
Max Barnett
Tutor
Peter Joy
Credit points Credit points
10
Prerequisites Prerequisites
130cp in LAW or LAWS units incl LAWS2300
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description

Insolvency law is focused on the law and practice of bankruptcy and corporate insolvency, an increasingly important body of law for commercial law practice. The unit explores personal insolvency including topics covering the history and purpose of bankruptcy law, bankruptcy notices, creditor's and debtor's petitions, and administration and termination of bankruptcy. Corporate insolvency is also studied, with topics covering liquidation, winding-up, receivership, voluntary administration and deeds of company arrangement. The unit considers the consequences of insolvency on trustees, shareholders and creditors. 

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • ULO1: Explain legal principles, cases and statutes related to insolvency law.
  • ULO2: Analyse and apply relevant legal principles to factual situations involving insolvency law.
  • ULO3: Evaluate the effectiveness of insolvency law in resolving issues of bankruptcy and corporate insolvency.

General Assessment Information

All written assessments submitted electronically must be submitted through the link provided in iLearn. This unit will utilise Turnitin plagiarism detection software. Students should carefully check that they submit the correct file for an assessment, as re-submissions will not be accepted after the due date and time, including instances where students upload an incorrect file in error.

The design, moderation and feedback of all assessments is in accordance with the Macquarie University Assessment Procedure (link provided under ‘Policies and Procedures’).

Assessments 2 and 3

Word limits are strictly adhered to. For this reason, no +/- 10% applies and any words at the end of your response which exceed the word limit will not be marked.

Late Submission Policy

A maximum penalty of five (5) percentage points of the total possible marks will be applied per day to late submissions, for up to a maximum of seven calendar days. Tasks that have not been submitted within the maximum number of additional late days will receive a mark of zero. This provision does not apply to online exams or other assessment with a time limit of less than 24 hours.

Penalties for late submission will be applied consistently and equitably to all students enrolled in the unit. Where short-term, serious and unavoidable circumstances have affected their ability to submit an assessment task, a student must submit a formal application for Special Consideration as per the Special Consideration Policy. Students should not request an informal arrangement from their tutor, lecturer or Unit Convenor.

Where an application for Special Consideration is approved, and the outcome is an extension to the due date of a task, submissions that are received after the new due date will be subject to late penalties that are calculated from the new due date. This only applies where the outcome is an extension to the due date – see the Special Consideration Policy for a schedule of all possible outcomes.

Special Consideration

Students should submit applications for Special Consideration electronically via ask.mq.edu.au, along with the supporting documentation. Before submitting their applications, students should refer to the Special Consideration Policy (link provided under ‘Policies and Procedures’).

Assessment Tasks

Name Weighting Hurdle Due
Professional Skills 20% No Weekly and Ongoing
Professional Skills Task 40% No 04/01/26 (11.55pm)
Final Assessment 40% No 27/01/26 (9am-12pm)

Professional Skills

Assessment Type 1: Practice-based task
Indicative Time on Task 2: 0 hours
Due: Weekly and Ongoing
Weighting: 20%

 

Students will engage in classroom activities including mooting, presentations or demonstrations, structured discussion and problem solving, doctrinal analysis, simulated client consultations, and collaborative legal research. Through these activities students will develop skills in oral advocacy, legal analysis, critical reasoning, teamwork and team leadership, and/or strategic problem-solving. These activities are designed to strengthen students' ability to communicate legal concepts verbally and engage professionally within a supportive learning environment.

 


On successful completion you will be able to:
  • Explain legal principles, cases and statutes related to insolvency law.
  • Analyse and apply relevant legal principles to factual situations involving insolvency law.
  • Evaluate the effectiveness of insolvency law in resolving issues of bankruptcy and corporate insolvency.

Professional Skills Task

Assessment Type 1: Professional writing
Indicative Time on Task 2: 30 hours
Due: 04/01/26 (11.55pm)
Weighting: 40%

 

Students will research and complete a written task that utilises professional skills characteristic of insolvency law

 


On successful completion you will be able to:
  • Explain legal principles, cases and statutes related to insolvency law.
  • Analyse and apply relevant legal principles to factual situations involving insolvency law.
  • Evaluate the effectiveness of insolvency law in resolving issues of bankruptcy and corporate insolvency.

Final Assessment

Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 30 hours
Due: 27/01/26 (9am-12pm)
Weighting: 40%

 

A final assessment covering all unit content

 


On successful completion you will be able to:
  • Explain legal principles, cases and statutes related to insolvency law.
  • Analyse and apply relevant legal principles to factual situations involving insolvency law.
  • Evaluate the effectiveness of insolvency law in resolving issues of bankruptcy and corporate insolvency.

1 If you need help with your assignment, please contact:

  • the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
  • the Writing Centre for academic skills support.

2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation

Delivery and Resources

Delivery

Tutorials will take places as follows:

 

Week 1 - Commencing 15/12/25 (Module 1, 2 and 3)

Week 2 - Commencing 5/1/26 (Module 4, 5 and 6)

Week 3 - Commencing 12/1/26 (Module 7, 8 and 9)

Week 4 - Commencing 19/1/26 (Module 10, 11 and 12)

 

Specific Tutorial days and times are as follows:

Monday (9am-12pm)

Tuesday (9am-12pm)

Thursday (9am-12pm)

Thursday (1-4pm)  

Each tutorial will cover three (3) Modules. There will be short breaks between modules. Please arrive on time and stay for the entire session. If you are going to miss part of the session, please apply for special consideration.

Resources

The required readings, supplementary resources, PowerPoint lecture slides and tutorial questions will be available under each Module tab. The pre-recorded lectures are available in Echo. 

Unit Schedule

Week 1 (Commencing 15/12/25)

 

Module 1 - Introduction to Insolvency Law and Insolvency Theory

Module 2 - Corporate: Liquidation Part 1

Module 3 - Corporate: Liquidation Part 2

 

Week 2 (Commencing 05/01/26)

 

Module 4 - Corporate: Liquidation Part 3

Module 5 - Corporate: Voluntary Administration Part 1

Module 6 - Corporate: Voluntary Administration Part 2

 

Week 3 (Commencing 12/01/26)

 

Module 7 - Corporate: Voluntary Administration Part 3

Module 8 - Corporate: Deeds of Company Arrangement and Small Business Restructuring

Module 9 - Corporate: Receivership

 

Week 4 (Commencing 19/01/26)

 

Module 10 - Personal: Bankruptcy Part 1

Module 11 - Personal: Bankruptcy Part 2

Module 12 - Insolvency and Trusts

Policies and Procedures

Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:

Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.

To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.

Student Code of Conduct

Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct

Results

Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit connect.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au

Academic Integrity

At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

Academic Success

Academic Success provides resources to develop your English language proficiency, academic writing, and communication skills.

The Library provides online and face to face support to help you find and use relevant information resources. 

Student Services and Support

Macquarie University offers a range of Student Support Services including:

Student Enquiries

Got a question? Ask us via the Service Connect Portal, or contact Service Connect.

IT Help

For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/

When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.


Unit information based on version 2025.04 of the Handbook