This course is appropriate for 2Ls and 3Ls. It has some overlap with secured transactions, but there is no required sequencing between the two. For some students, bankruptcy is a more useful general commercial course than secured transactions, notwithstanding the school's labeling of secured transactions as "core" and this course as "non-core." Feel free to come talk to me if you have questions about taking one, the other, or both.
Gibson section: There is some overlap in the coverage of this course and secured transactions, primarily in the area of the trustee's avoiding powers. No prior knowledge of secured transactions is assumed, however, and this course may be taken before, during, after, or in place of secured transactions.