Law 238






Behind every loan, contract, transaction, and investment is the possibility that a party will become financially distressed. The possibility of bankruptcy also can shape the ability to enforce a wide range of laws and policies, such as related to the environment. 

This course explores the law and policy of the federal bankruptcy system in addressing problems of financially distressed individuals, families, small businesses, and big corporations, and their creditors and other stakeholders (e.g., banks and other institutional lenders, governments, spouses and children, employees, retirees, tort claimants, trade suppliers, landlords, bondholders). May include some discussion of government debt and municipal bankruptcy. 

This course is also extremely helpful preparation for a judicial externship or clerkship, particularly but not limited to the federal bankruptcy court (how I started my own career and a fabulous experience)

This course is totally appropriate for 2Ls as well as 3Ls. You may take bankruptcy and secured transactions and advanced commercial law and contracts in any order or concurrently. 
This bankruptcy class is itself a prerequisite for Advanced Bankruptcy. 


M. Jacoby

UNC School of Law | Van Hecke-Wettach Hall | 160 Ridge Road, CB #3380 | Chapel Hill, NC 27599-3380 | 919.962.5106 | Accessibility

If you are seeing this, you are either using a non-graphical browser or Netscape 4.x (4.7, 4.8, etc.) and this page appears very plain. If you are using a 4.x version of Netscape, this site is fully functional but lacks styles and optimizations available in other browsers. For full functionality, please upgrade your browser to the latest version of Internet Explorer or Firefox.