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Course Details

Bankruptcy (Skeel)

Spring 2025   LAW 646-001  

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Faculty
David Arthur Skeel

S. Samuel Arsht Professor of Corporate Law

dskeel@law.upenn.edu
Additional Information

Skills Training
Other Professional Skills:

Grading
100% Exam,
Other (Class participation may be considered for grades on the margins.)

Exam
Essay,
In Class,
Open-Book (You may bring anything with you other than a friend. )

Satisfies Senior Writing Requirement

No

Location

Class meets in person.

Course Continuity
Students are encouraged to stay home if you are ill or experience flu-like symptoms. If you miss a class for any reason, it is still your responsibility to make up the work missed.

I offer the following to students who miss class due to illness:

- I have asked for volunteers in the class who are willing to take and share their notes on a regular basis with others who are absent due to illness or some other unavoidable circumstance.

- When you are better, please make an appointment to meet with me and I will review/answer questions about what you missed.

Meeting Times/Location
TR 3:00PM - 4:20PM
Gittis Hall 214

Category
First-Year

Credits
3.0

This course will focus principally on business bankruptcy, although we will also consider bankruptcy's application to individuals. We will consider most aspects of bankruptcy law--the commencement of a case, issues such as trustee avoidance powers and operating a business in bankruptcy, and the criteria for liquidations and plans of reorganization. At various points, we will pay particular attention to recent legislative reform efforts. The course will consider both the theoretical debate as to the proper role of bankruptcy and the doctrinal apparatus of the Bankruptcy Code. Class will be primarily Socratic. Students should be prepared to discuss assigned readings critically when called upon.

Course Concentrations

Business and Corporate Law Learning outcomes: Demonstrate a core understanding of business and corporate law; Perform legal analysis in the context of business and corporate law; Communicate effectively on topics related to business and corporate law; Demonstrate an understanding of the interconnection between the world of business and finance and that of business and corporate law, and how they affect other areas of law and society.

Courts and the Judicial System Learning outcomes: Demonstrate a core understanding of both substantive and procedural issues in the operation of our legal system; Perform legal analysis in the context of procedural issues and the judicial process; Communicate effectively on topics related to procedure and the judicial process; Demonstrate an understanding of how procedural issues and the judicial process affect all other area of our legal system.

Property and Real Estate Law Learning outcomes: Demonstrate a core understanding of property and real estate law; Perform legal analysis in the context of property and real estate law; Communicate effectively on topics related to property and real estate law; Demonstrate an understanding of how property and real estate law affect other areas of law.

Administrative and Regulatory Law Learning outcomes: Demonstrate a core understanding of administrative and regulatory law and the administrative process, including the role of statutory authorization and work of administrative agencies; Perform legal analysis in the context of administrative and regulatory law; Communicate effectively on topics related to administrative and regulatory law; Demonstrate an understanding of the role administrative and regulatory law play in our legal system and in society as a whole.

Professional Responsibility and Ethics Learning outcomes: Demonstrate an understanding of how the law affects, and is affected by, the individual course topic; Perform legal analysis in the context of the individual course topic; Communicate effectively on the legal and other aspects of the individual course topic; Demonstrate the ability to use other disciplines to analyze legal issues relevant to the individual course topic, including economics, philosophy, and sociology, as appropriate.


Textbooks

"Bankruptcy" by Bussel, Skeel & Harner
Edition: 11th (December 30, 2020)
Publisher: Foundation Press
ISBN: 9781684673100
Required

"United States Bankruptcy Code & Rules Booklet" by Legal Pub
Edition: 2025e
Publisher: Dahlstrom Legal Publ'ing
ISBN: 9781934852545
Recommended