This course provides a comprehensive examination of bond default, a critical topic in modern finance. It will explore the mechanisms, legal ramifications, market impacts, and the restructuring processes related to bond default. This advanced-level course is designed for students who have foundational knowledge of finance and contract law. The course will also be useful for finance students who wish to understand the legal aspects of bond default.
To understand the legal and financial principles underlying bond default.
To develop a thorough understanding of the causes and consequences of bond default, both domestically and internationally.
To critically analyze case studies of major bond defaults and their subsequent legal and financial impact.
To evaluate the legal tools and strategies employed in bond restructuring and recovery.
To understand the policy implications of bond default and restructuring on a macroeconomic scale.