Special Topics in Bankruptcy Law
SLN #: 19176Course Prefix: LAW-691
Course Section: 1013
Credit Hours: 2
Instructor(s): Lightner
Course Books: View List of Books
Course Description:
State and local governments in the United States owe between $4 and $7 trillion (yes, trillion!) to investors, creditors, and pensioners. But what happens when those governments do not have the ability to pay? Which creditors get short changed, and which creditors get repaid? This course will explore the history and the current market for state and municipal debt, and it will explore the legal structures (or lack of structures!) governing the failure of states, municipalities and other public entities to repay their obligations. We will explore Detroit, Puerto Rico, New York City in the 1970s, Illinois, New Jersey, Arizona, and many more. In doing so, this course will examine the U.S. constitution (including the Contract Clause, Takings Clause, the Eleventh Amendment, and the Bankruptcy Clause), certain state constitutions, and portions of the U.S. Bankruptcy Code in the exploration of this exciting and uncharted territory.
Additional Information:
Credit Hours: 2
Grading Option: Letter Grade Only
Graduation Writing Requirement: No
Flexible/Upper-Level Writing Requirement: Yes
Skills Requirement: No
Simulation Course: No
Experiential Learning: No
Seminar: Yes
Special Withdrawal Course: No
Limited Enrollment Number: 15
Final Exam Given: No
Paper Or In-Class Presentation: Yes, Paper
Attendance Policy: Per Statement Of Student Policies
Teaching Method: In Person
* The law school has a policy that is used to calculate credit hours. Please see the Statement of Student Policies.