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  6. LS553L: Debt Finance Law

LS553L: DEBT FINANCE LAW (2022-2023)

Last modified: 02 Nov 2022 15:11


Course Overview

This course will explore issues within the law of debt finance, principally focused on the laws of the UK (including English law and Scots law, where appropriate) but with reference to other systems too. It will provide students with a wider and deeper understanding of various debt finance issues that are crucial to the law of corporate finance.

Course Details

Study Type Postgraduate Level 5
Term Second Term Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Alisdair Macpherson

What courses & programmes must have been taken before this course?

  • Law (LS)
  • Any Postgraduate Programme

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

This course will cover a number of topics of particular relevance to the law of debt finance. The content of the course will include the following:

  • Unsecured debt finance: this will involve consideration of the legal concepts of debt and credit and how and why companies raise funds by unsecured borrowing. It will involve discussion of debt instruments (including the types of bond available) and provisions within loan documentation (such as financial covenants).
  • Securitisation and derivatives: there will be discussion of the concept of securitisation and how such transactions are constructed. In addition, attention will be paid to derivative instruments and the role that these play in securitisation transactions and beyond.
  • Secured finance: there will be consideration of the role of secured lending within the corporate finance sphere. This will incorporate discussion of the value of security rights, the various types of security right available, and how the law in this area in different jurisdictions could be reformed to better meet the needs of parties involved in corporate finance.
  • Floating charges: given its importance within the field of corporate finance, particular attention will be paid to the floating charge. Its nature, operation and enforcement will all be discussed in order to better understand the role it plays in corporate finance transactions.
  • Corporate insolvency: this will incorporate analysis of how insolvency of a company may arise, and consideration of the various types of insolvency process that a company may enter if it has insufficient finance available.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

Essay

Assessment Type Summative Weighting 30
Assessment Weeks 34 Feedback Weeks 37

Look up Week Numbers

Feedback

Feedback will be provided in accordance with Law School Policy

 Word Count 1500
Learning Outcomes
Knowledge LevelThinking SkillOutcome
ConceptualUnderstandTo obtain knowledge and understanding of various aspects of debt finance law, with reference to the UK and beyond.
ProceduralCreateTo develop and enhance key legal and transferable skills, including argumentation, communication, critical analysis and problem solving.
ProceduralEvaluateTo determine the most appropriate legal approaches or solutions within the context of debt finance scenarios.

Online Exam

Assessment Type Summative Weighting 70
Assessment Weeks 40,41,42 Feedback Weeks 43,44,45

Look up Week Numbers

Feedback

Feedback will be provided in accordance with Law School Policy
Learning Outcomes
Knowledge LevelThinking SkillOutcome
ConceptualUnderstandTo obtain knowledge and understanding of various aspects of debt finance law, with reference to the UK and beyond.
ProceduralCreateTo develop and enhance key legal and transferable skills, including argumentation, communication, critical analysis and problem solving.
ProceduralEvaluateTo determine the most appropriate legal approaches or solutions within the context of debt finance scenarios.

Formative Assessment

There are no assessments for this course.

Resit Assessments

Resit Failed Elements in same format

Assessment Type Summative Weighting 100
Assessment Weeks Feedback Weeks

Look up Week Numbers

Feedback

if due to extenuating circumstances.
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
ProceduralEvaluateTo determine the most appropriate legal approaches or solutions within the context of debt finance scenarios.
ConceptualUnderstandTo obtain knowledge and understanding of various aspects of debt finance law, with reference to the UK and beyond.
ProceduralCreateTo develop and enhance key legal and transferable skills, including argumentation, communication, critical analysis and problem solving.
 

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