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Commercial Law and Insolvency Law
Study Course Description
Course Description Statuss:Approved
Course Description Version:9.00
Study Course Accepted:02.02.2024 12:29:40
| Study Course Information | |||||||||
| Course Code: | JF_419 | LQF level: | Level 7 | ||||||
| Credit Points: | 2.00 | ECTS: | 3.00 | ||||||
| Branch of Science: | Law | Target Audience: | Person and Property Defence | ||||||
| Study Course Supervisor | |||||||||
| Course Supervisor: | Inga Kudeikina | ||||||||
| Study Course Implementer | |||||||||
| Structural Unit: | Faculty of Social Sciences | ||||||||
| The Head of Structural Unit: | |||||||||
| Contacts: | Dzirciema street 16, Rīga, szf rsu[pnkts]lv | ||||||||
| Study Course Planning | |||||||||
| Full-Time - Semester No.1 | |||||||||
| Lectures (count) | 6 | Lecture Length (academic hours) | 2 | Total Contact Hours of Lectures | 12 | ||||
| Classes (count) | 6 | Class Length (academic hours) | 2 | Total Contact Hours of Classes | 12 | ||||
| Total Contact Hours | 24 | ||||||||
| Part-Time - Semester No.1 | |||||||||
| Lectures (count) | 3 | Lecture Length (academic hours) | 2 | Total Contact Hours of Lectures | 6 | ||||
| Classes (count) | 2 | Class Length (academic hours) | 2 | Total Contact Hours of Classes | 4 | ||||
| Total Contact Hours | 10 | ||||||||
| Study course description | |||||||||
| Preliminary Knowledge: | General knowledge on the legal system, understanding of the law, knowledge of basic institutes of human rights, skills to interpret legal regulations. | ||||||||
| Objective: | To provide knowledge of commercial law and insolvency law regulation, case law and topical matters, to develop skills to prepare and critically evaluate the content of procedural documents on commercial law and insolvency law, to understand interrelations of the institutes of commercial law and insolvency law, to improve competences related to independent acquisition of information, analysis, argumentation, presentation and decision-making. | ||||||||
| Topic Layout (Full-Time) | |||||||||
| No. | Topic | Type of Implementation | Number | Venue | |||||
| 1 | Commercial law system in the national legal framework. Sources of commercial law. Insolvency law as a component of commercial law. 1) Commercial law system in national legal framework; 2) Sources of commercial law; 3) Insolvency law as a component of commercial law. | Lectures | 1.00 | auditorium | |||||
| 2 | Principles of commercial law. 1) Internationality; 2) Acceleration of civil legal turnover; 3) Protection of third parties; 4) Remuneration for commercial activity. | Lectures | 0.50 | auditorium | |||||
| 3 | Meaning of principles of commercial law in providing the legal environment for commercial activity. | Classes | 1.00 | auditorium | |||||
| 4 | Commercial activity. Undertakings and legal framework: • individual undertaking; • general partnership; • limited partnership; • capital companies: limited liability company and joint-stock company. | Lectures | 0.50 | auditorium | |||||
| 5 | Incorporation of a commercial company. 1) Freedom of incorporation of a commercial company; 2) Incorporation documents; 3) Registration of a commercial company. Commercial Register. | Lectures | 1.00 | auditorium | |||||
| 6 | Incorporation of a commercial company, verification of legality of incorporation documents. | Classes | 2.00 | auditorium | |||||
| 7 | Management of a commercial company. Responsibility of a member of the management board. 1) Management of a commercial company. 2) Commercial company management institutions: • general meeting of shareholders • management board, chairman of the management board • supervisory board. 3) Responsibility of a member of the management board. | Lectures | 1.00 | auditorium | |||||
| 8 | Legal basis for insolvency of a legal entity. Insolvency of a legal entity. 1) Concept of insolvency of a legal entity; 2) Principles of insolvency proceedings of a legal entity; 3) Signs of insolvency proceedings of a legal entity; 4) Procedure of satisfaction of creditors’ claims. | Lectures | 0.50 | auditorium | |||||
| 9 | Analysis of signs of insolvency of a legal entity. | Classes | 1.00 | auditorium | |||||
| 10 | Analysis of procedural documents on insolvency of a legal entity. | Classes | 1.00 | auditorium | |||||
| 11 | Legal protection proceedings of a legal person. 1) Concept of legal protection proceedings of a legal entity. 2) Subjects of legal protection proceedings of a legal entity. 3) Implementation of legal protection proceedings of a legal entity. 4) Termination of legal protection proceedings of a legal entity. | Lectures | 0.50 | auditorium | |||||
| 12 | Competence of an insolvency administrator. 1) Rights and duties of an insolvency administrator of a legal entity. 2) Cooperation between an insolvency administrator, a debtor and creditors of a legal entity. 3) Appealing of decisions of an insolvency administrator of a legal entity. | Lectures | 0.50 | auditorium | |||||
| 13 | Termination of insolvency proceedings. 1) Plan of satisfaction of creditors’ claims. 2) Application to a court for termination of insolvency proceedings of a legal entity. 3) Consequences of termination of insolvency proceedings of a legal entity. | Lectures | 0.50 | auditorium | |||||
| 14 | Analysis of insolvency proceedings of a legal entity. | Classes | 1.00 | auditorium | |||||
| Topic Layout (Part-Time) | |||||||||
| No. | Topic | Type of Implementation | Number | Venue | |||||
| 1 | Commercial law system in the national legal framework. Sources of commercial law. Insolvency law as a component of commercial law. 1) Commercial law system in national legal framework; 2) Sources of commercial law; 3) Insolvency law as a component of commercial law. | Lectures | 0.50 | auditorium | |||||
| 2 | Principles of commercial law. 1) Internationality; 2) Acceleration of civil legal turnover; 3) Protection of third parties; 4) Remuneration for commercial activity. | Lectures | 0.25 | auditorium | |||||
| 3 | Meaning of principles of commercial law in providing the legal environment for commercial activity. | Classes | 0.75 | auditorium | |||||
| 4 | Commercial activity. Undertakings and legal framework: • individual undertaking; • general partnership; • limited partnership; • capital companies: limited liability company and joint-stock company. | Lectures | 0.25 | auditorium | |||||
| 5 | Incorporation of a commercial company. 1) Freedom of incorporation of a commercial company; 2) Incorporation documents; 3) Registration of a commercial company. Commercial Register. | Lectures | 0.50 | auditorium | |||||
| 6 | Incorporation of a commercial company, verification of legality of incorporation documents. | Classes | 0.50 | auditorium | |||||
| 7 | Management of a commercial company. Responsibility of a member of the management board. 1) Management of a commercial company. 2) Commercial company management institutions: • general meeting of shareholders • management board, chairman of the management board • supervisory board. 3) Responsibility of a member of the management board. | Lectures | 0.50 | auditorium | |||||
| 8 | Legal basis for insolvency of a legal entity. Insolvency of a legal entity. 1) Concept of insolvency of a legal entity; 2) Principles of insolvency proceedings of a legal entity; 3) Signs of insolvency proceedings of a legal entity; 4) Procedure of satisfaction of creditors’ claims. | Lectures | 0.25 | auditorium | |||||
| 9 | Analysis of signs of insolvency of a legal entity. | Classes | 0.25 | auditorium | |||||
| 10 | Analysis of procedural documents on insolvency of a legal entity. | Classes | 0.25 | auditorium | |||||
| 11 | Legal protection proceedings of a legal person. 1) Concept of legal protection proceedings of a legal entity. 2) Subjects of legal protection proceedings of a legal entity. 3) Implementation of legal protection proceedings of a legal entity. 4) Termination of legal protection proceedings of a legal entity. | Lectures | 0.25 | auditorium | |||||
| 12 | Competence of an insolvency administrator. 1) Rights and duties of an insolvency administrator of a legal entity. 2) Cooperation between an insolvency administrator, a debtor and creditors of a legal entity. 3) Appealing of decisions of an insolvency administrator of a legal entity. | Lectures | 0.25 | auditorium | |||||
| 13 | Termination of insolvency proceedings. 1) Plan of satisfaction of creditors’ claims. 2) Application to a court for termination of insolvency proceedings of a legal entity. 3) Consequences of termination of insolvency proceedings of a legal entity. | Lectures | 0.25 | auditorium | |||||
| 14 | Analysis of insolvency proceedings of a legal entity. | Classes | 0.25 | auditorium | |||||
| Assessment | |||||||||
| Unaided Work: | Overview of scientific literature, selection and analysis of case law, studying of internet resources, including websites of public registers, drafting of sample procedural documents. | ||||||||
| Assessment Criteria: | In accordance with Academic Regulations I. Attendance of seminars and performance of independent works is mandatory. The final assessment consists of 50% of independent work (work on seminars) and 50% are assessment of the examination. | ||||||||
| Final Examination (Full-Time): | Exam (Written) | ||||||||
| Final Examination (Part-Time): | Exam (Written) | ||||||||
| Learning Outcomes | |||||||||
| Knowledge: | Students are able to find and name sources and principles of commercial law and insolvency law, are able to name and arrange in sequence incorporation documents of a commercial company and documents of insolvency proceedings of a legal entity. | ||||||||
| Skills: | Students are able to select, classify, attribute and interpret the data, documents, information necessary for ensuring commercial activity and insolvency proceedings, able to prepare and verify relevant procedural documents, to critically evaluate and argument their opinion. | ||||||||
| Competencies: | Students are able to prevent and defend their opinion, critically evaluate information, compare prepared documents, resolve legal casus. | ||||||||
| Bibliography | |||||||||
| No. | Reference | ||||||||
| Required Reading | |||||||||
| 1 | Maksātnespējas likums. Latvijas Vēstnesis, 124, 06.08.2010. (akceptējams izdevums) | ||||||||
| 2 | Latvijas Republikas Senāta tiesu prakse Komerclikuma normu piemērošanā. | ||||||||
| 3 | Komerclikums. Latvijas Vēstnesis, 158/160, 04.05.2000. (akceptējams izdevums) | ||||||||
| 4 | Uncitral Legislative Guide on Insolvency Law. | ||||||||
| 5 | Strupišs A. "Komerclikuma komentāri. B daļa", A.Strupiša juridiskais birojs, 2003. (akceptējams izdevums) | ||||||||
| 6 | Bērziņš G. "Tiesiskās aizsardzības procesa mērķi". "Jurista Vārds", Nr.41 (546), 28.10.2008. (akceptējams izdevums) | ||||||||
| 7 | Ārvalstu studentiem/For international students | ||||||||
| 8 | Savickis V. Axiology in Latvia`s Insolvency policy. European Journal of Sustainable Development (2020), 9, 3, 305-312. | ||||||||
| 9 | Legislative Guide on Insolvency Law. Part four: Directors’ obligations in the period approaching insolvency (including in enterprise groups). | ||||||||
| 10 | Uncitral Legislative Guide on Insolvency Law. | ||||||||
| 11 | George D. Cameron III International Business Law: Cases and Materials, 2015 | ||||||||
| 12 | Ray August, Don Mayer, Michael B. Bixby. International Business law: Text, cases and readins | ||||||||
| Additional Reading | |||||||||
| 1 | Lielkalne B. "Kapitālsabiedrības darījumi ar saistītajām personām". "Jurista Vārds" , 1.12.2020. Nr.48 (1158). | ||||||||
| 2 | Kārkliņš J. "Prasības, kas izriet no kapitālsabiedrības dalībnieku savstarpējām attiecībām", "Jurista Vārds", 1.12.2020. Nr.48 (1158). | ||||||||
| 3 | Latvijas Republikas Senāta prakse Maksātnespējas likuma normu pievienošanā. | ||||||||
| 4 | Latvijas Republikas Senāta Tiesu prakses apkopojums Maksātnespējas lietās 2015.g. -2018. g. augusts. | ||||||||
| 5 | Tiesu prakse juridiskās personas maksātnespējas procesa lietās (2014). | ||||||||
| 6 | Lielkalne B. "Prasības par kapitālsabiedrības dalībnieku (akcionāru) sapulces lēmumiem." "Jurista Vārds", 01.12.2020. Nr.48 (1158). | ||||||||
| Other Information Sources | |||||||||
| 1 | Latvijas Republikas Senāta mājas lapa. | ||||||||
| 2 | Latvijas Republikas Uzņēmumu reģistra mājas lapa. | ||||||||
| 3 | Latvijas Republikas tiesu mājas lapa. | ||||||||
