Insolvency Law

Recommended Prerequisites

Commercial Law – Company Law – Contract Law - Procedural Law

Teaching Methods

The teacher will give lectures about the subjects which students will then be invited to discuss. Some previous preparation will be required from the students, based on texts and materials placed at their disposal.

Learning Outcomes

Students should acquire a comprehensive view of insolvency procedure and its substantive issues, thus becoming able to place and solve any given practical question as well as to conveniently understand legal commands. Students should also be familiarized with the main strategies to rescue companies in distress

Work Placement(s)

No

Syllabus

1.         Introduction. The Insolvency and Reorganization Code: paradigm

2.         Insolvency: characterization

3.         Who can be declared insolvent?

4.         The Claim

4.1.      The Claimant

4.2.      The duty to present to court as insolvent

4.3.      The Claim Requirements

5.         The procedure until the Court’s decision

5.1.      Overview

5.2.      The Court’s decision

6.         Effects of the Court’s decision

7.         Insolvency Organs

8.         Creditors claims and their ranking

9.         Quallifying the insolvency

10.       The assets. Its management and liquidation

11.       The debtor-in-possession management

12.       Satisfaction of the creditors

13.       Insolvency plan

14.       Ending of the procedure

15.       Individuals as debtors. Discharge of residual debt. Plan for the settlement of debts

16.       Revitalization procedure. The SIREVE procedure . Other procedures available to rescue companies and individuals

17.       Cross-border insolvency

Head Lecturer(s)

Alexandre Miguel Cardoso Soveral Martins

Assessment Methods

Assessment
Exam: 100.0%

Bibliography

Alexandre de Soveral Martins, Um curso de direito da insolvência, 2ª ed., reimp. 2017 (obrigatória); Luís Menezes Leitão, Direito da insolvência, Almedina, Coimbra, 2017; Maria do Rosário Epifânio, Manual de Direito da insolvência, Almedina, Coimbra, 2016; Catarina Serra, O regime português da insolvência, 2.ª ed., Almedina, Coimbra, 2012; AAVV, Münchener Kommentar zur Insolvenzordnung, 3. Aufl., Beck, Munchen, 2013; David Epstein, Bankruptcy and related law in a Nutshell, Thomson/West, St. Paul; AAVV, Proceso concursal, Bosch, Barcelona