The course deals with legislation about the granting of credit, both when it comes to the rules that apply between creditor and debtor and the rules about transfer of claims and other third party conflicts. The course also covers different kinds of security such as mortgage and lien, corporate mortgages and personal guaranties. The course further covers other transactions, where the purpose of the transaction is to give security for a claim, such as sale with repurchase agreements, hire-purchase, and factoring. Another part of the course deals with problems that occur when the debtor cannot repay his debt. What rights have a creditor when the debtor is subject to execution or bankruptcy? And how are these rights affected by different kinds of security?
AI1512 Credit and Insolvency Law 7.5 credits
This course will be discontinued.
Last planned examination: Spring 2027
Decision to discontinue this course:
The course will be discontinued at the end of Spring 2025 (VT25) according to Faculty board decision: A-2024-2512, 3.2.2
Decision date: 2024-12-12
The course was given for the last time in Autumn 2024 (HT24). The last opportunity for examination in the course is given in Spring 2027 (VT27).
Information per course offering
Course offerings are missing for current or upcoming semesters.
Course syllabus as PDF
Please note: all information from the Course syllabus is available on this page in an accessible format.
Course syllabus AI1512 (Spring 2025–)Content and learning outcomes
Course contents
Intended learning outcomes
The course gives the student knowledge about the parts of the law of property and insolvency law that are related to the granting of credit and security, e.g. mortgage and lien in real propery and chattels, corporate mortgages, financial leasing, hire-purchases, factoring, and guaranties.
After having taken the course the student shall be able to:
• Identify legal problems and find the applicable legal rules within the areas of law covered in the course.
• Apply the relevant legal rules when solving legal problems within the areas of law covered in the course, and to explain the reasons for applying the rules to the problem.
• Analyze central sources of law and argue for different solutions to legal problems within the areas of law covered in the course.
Literature and preparations
Specific prerequisites
Knowledge in law corresponding to completed part ÖVNA (Excersice 0,5 hp) in course AI1550 Introduction to Swedish law 15,0hp.
Literature
Examination and completion
Grading scale
Examination
- INL1 - Assignment, 0.5 credits, grading scale: P, F
- TENA - Written exam, 7.0 credits, grading scale: A, B, C, D, E, FX, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
If the course is discontinued, students may request to be examined during the following two academic years.
Other requirements for final grade
Passed exam TENA (7hp) and Assignment INL1 (0,5hp)
Final grade of the course is based on the exam grade.
Examiner
Ethical approach
- All members of a group are responsible for the group's work.
- In any assessment, every student shall honestly disclose any help received and sources used.
- In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.
Further information
Course room in Canvas
Offered by
Main field of study
Education cycle
Transitional regulations
During the phasing-out period, current students are offered opportunities for submission of Assignment (INL) continuously for examination, but no later than Spring 2027 (VT27). Opportunities for examination of Written Exam (TEN) are offered during periods for re-examination Spring 2025 - Spring 2027 (VT25-VT27)
The course is replaced by course AI1581 Credit and Insolvency Law 7.5 hp credits from Autumn 2025 (HT25).