Bankruptcy and Insolvency (Torrie)

Course Number
LAW 3348
Course Description

This course provides students with an introduction to Canadian bankruptcy and insolvency law under the Bankruptcy and Insolvency Act. By the end of the course students will understand the main components of Canadian bankruptcy and insolvency law as well as the key policy issues.

Teaching Method

This course provides students with an introduction to Canadian bankruptcy and insolvency law under the Bankruptcy and Insolvency Act. It covers the difference between bankruptcy and insolvency, commencements and consequences of bankruptcy, treatment of the debtor’s property and the property interests of creditors (including Indian Act, ss 89, 90), reviewable transactions, executory contracts, claims against the bankrupt estate, priority creditors, the order of distribution and discharge. By the end of the course students will understand the main components of Canadian bankruptcy and insolvency law as well as the key policy issues.

Assessment

Open-book exam worth 100% of the final grade. The exam will consist of a large fact pattern question and an essay question on policy.

Course Materials

Stephanie Ben-Ishai & Thomas G.W. Telfer, eds., Bankruptcy and Insolvency Law in Canada: Cases, Text, and Problems (Toronto: Irwin Law, 2019)