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Insolvency Law

Structure Type: Study unit
Code: TL00BR30
Curriculum: LT 2025-W
Level: Bachelor of Business Administration
Year of Study: 2 (2026-2027)
Semester: Spring
Credits: 5 cr
Responsible Teacher: Teirfolk-Naarmala, Marika
Language of Instruction: Finnish

Learning Outcomes

After completing the course, the student will have a clear and structured overall understanding of the various solutions to practical issues related to debt relationships. The student will have a comprehensive command of the legislation related to debt relationships and be able to apply it to practical, varying, and changing situations. Some will master the different processes related to insolvency and be able to apply what they have learned in practice. Additionally, the student will be able to critically examine different problem-solving options related to insolvency.

Student's Workload

In higher education, 1 credit corresponds to 27 hours of student work. For this course, that means 135 hours, which are divided into contact hours, exercises, and independent study.

Prerequisites / Recommended Optional Courses

No previous knowledge needed.

Contents

Strong knowledge and thorough understanding of insolvency processes
Debt collection actions
Enforcement process
Debt restructuring
Corporate restructuring
Bankruptcy

Regional Impact

Possible visits to local authorities.

Internationality

Internationality is reflected in this course from the perspective of EU law.

Recommended or Required Reading and Other Learning Resources/Tools

Moodle materials
Current legislation
Course literature and other materials specified by the teacher

Mode of Delivery / Planned Learning Activities and Teaching Methods

Teaching methods depend on whether it is a contact teaching group or a blended learning implementation.

Assessment Criteria

Grade 5: The student has an excellent command of the course learning objectives and can apply what they have learned in practice exceptionally well. They understand the significance of the course topics in society, both in the private and public sectors.

Grade 3: The student has a good command of the course learning objectives and can apply what they have learned in practice well. They understand the significance of the course topics in society, both in the private and public sectors.

Grade 1: The student has a satisfactory command of the course learning objectives and can apply what they have learned in practice satisfactorily. They understand the significance of the course topics in society, both in the private and public sectors.


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