Insolvency Law Course

TRAINING UNIT 1. GENERAL OVERVIEW OF INSOLVENCY PROCEEDINGS TEACHING UNIT 1. INSOLVENCY LAW: AN INTRODUCTION Introduction to Insolvency Law Restructuring Plans Second Chance Mechanism TEACHING UNIT 2. REGULATORY FRAMEWORK OF INSOLVENCY LAW Introduction and Background Royal Decree-Law 3/2009, of March 27, on urgent measures in tax, financial, and insolvency matters in light of the evolving economic situation Law 13/2009, of November 3, reforming procedural legislation for the implementation of the new Judicial Office Law 38/2011, of October 10, reforming the Insolvency Law of July Law 14/2013, of September 27, on support for entrepreneurs and their internationalization Law 17/2014, of September 30, adopting urgent measures regarding the refinancing and restructuring of corporate debt Law 9/2015, of May 25, on Urgent Measures in Insolvency Matters Law 25/2015, of July 28, on the Second Chance Mechanism, Reduction of the Financial Burden, and Other Social Measures Royal Legislative Decree 1/2020, of May 5, approving the consolidated text of the Insolvency Act International Regulations TEACHING UNIT 3. INSOLVENCY PROCEEDINGS Introduction to Insolvency Proceedings Requirements for Insolvency Proceedings Petition for Insolvency Proceedings Declaration of Insolvency Declaration of Insolvency Without an Estate Related Insolvency Proceedings TEACHING UNIT 4. INSOLVENCY BODIES: INSOLVENCY JUDGE AND INSOLVENCY ADMINISTRATOR The Insolvency Judge Legal Nature of the Insolvency Administrator Insolvency Administration TEACHING UNIT 5. EFFECTS OF INSOLVENCY PROCEEDINGS Effects resulting from the declaration of insolvency Effects of insolvency proceedings on the debtor Effects of insolvency proceedings on creditors Effects of insolvency proceedings on contracts TRAINING UNIT 2. INSOLVENCY PROCEEDINGS TEACHING UNIT 1. INSOLVENCY PROCEEDINGS I: GENERAL ASPECTS Legal Aspects General Structure of Insolvency Proceedings Rules of Procedure Payment of Fees TEACHING UNIT 2. THE INSOLVENCY PROCESS II: COMMON PHASE Introduction to the common phase of the insolvency process Report by the insolvency administrator Determination of the estate’s assets Determination of the estate’s liabilities Conclusion of the Common Phase General Aspects of the Special Proceedings for Microenterprises TEACHING UNIT 3. INSOLVENCY PROCEEDINGS III: THE INSOLVENCY AGREEMENT Nature and General Aspects Types of Agreement Proposals Ordinary Proceedings Effectiveness of the Arrangement Compliance with the Arrangement TEACHING UNIT 4. INSOLVENCY PROCEEDINGS IV: INSOLVENCY LIQUIDATION Introduction to Insolvency Liquidation Commencement of the Liquidation Phase Liquidation Proceedings Conclusion TEACHING UNIT 5. THE INSOLVENCY PROCESS V: TERMINATION OF INSOLVENCY PROCEEDINGS Termination of Insolvency Proceedings: Introduction Factual Scenarios Procedures for Terminating Insolvency Proceedings Consequences of Terminating Insolvency Proceedings Reopening of Insolvency Proceedings