Creditor's Rights and Insolvency Law

Aim

On completion of the course, the student should be able to - account for the judicial fields of specific importance for work with payments funding, credit granting and economic control, - demonstrate knowledge of different forms of execution and property law crimes, - identify, analyse and solve practical legal issues, - identify the origin and winding-up of a claim, - describe the origin of property law protection, - analyse typical legal risks in credit-related security arrangements, - calculate expected outcome for each creditor in a simple bankruptcy, - describe the fundamental features of the occurring forms of insolvency, - identify typical property law crimes, - reflect on the issues of said legal fields, - critically examine and analyse legal source material.

Content

This course covers civil law and economic criminal law. The civil law part of the course involves obligation law, credit and execution law, and property law. Obligation law comprises the concepts of demand and debt, the origin and contents of demands, and payment, offset and limitation. The section credit and execution law covers the credit agreement, credit security and collection of demands via both special execution and general execution. Joining this are the property law rules concerning when an acquirer of ownership or other right gains protection against a competing acquirer or the creditors of the transferor/lessor. Covered in economic criminal law are the general economic crimes, as well as fraud and embezzlement and the more business related crimes, such as crimes against creditors and dishonesty crimes.