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JUDO 5086

Corporate Restructuring

Temple University 2-4 credits JUDO

Course Description

Every year, thousands of businesses encounter financial distress, from small local enterprises to the largest corporations. They usually seek to survive (rather than liquidate), through a process known informally to lawyers as "corporate restructuring." The law of corporate restructuring is dominated by Article 9 of the Uniform Commercial Code (secured transactions, a subject relevant to many bar exams) and chapter 11 of the United States Bankruptcy Code. Although the course is organized around these statutes, practice in this context puts a premium on strategy and negotiation, and so the course uses problems to illustrate the realistic challenges that all businesses - and thus all lawyers advising or litigating with businesses - must face when their clients or adversaries encounter financial distress.

Code
JUDO 5086
Credits
2-4
Subject
JUDO

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