AI1512 Credit and Insolvency Law 7.5 credits

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?

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.

Knowledge in law corresponding to completed part ÖVNA (Excersice 0,5 hp) in course AI1550 Introduction to Swedish law 15,0hp.

Required reading will be posted on the course’s web page no later than 4 weeks prior to the start of the course.

If the course is discontinued, students may request to be examined during the following two academic years.

• 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.

Passed exam TENA (7hp) and Assignement INL1 (0,5hp)

Final grade of the course is based on the exam grade.

Annina Persson

• 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.