Securitisation

Subject 730-732 (2009)

Note: This is an archived Handbook entry from 2009. Search for this in the current handbook

Credit Points:
Level: Graduate/Postgraduate
Dates & Locations: For information about these dates, click here.
Time Commitment: Contact Hours: 24 - 26 contact hours per subject.
Total Time Commitment: The time commitment for this subject depends on the candidates background and experience.
Prerequisites: N.A.
Corequisites: N.A.
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements: N.A.
Subject Overview:

Objectives:

A student who has successfully completed this subject should:

  • Be aware of and able to assess the commercial drivers for securitisation and the impact of the credit crunch on securitisation practice
  • Have developed a thorough understanding of structuring issues in these securitisations
  • Understand and be able to apply the general legal issues involved in these transactions.

 


Syllabus:

Securitisation is an innovative and flexible financing tool that provides an alternative (or, in some instances, a complement) to traditional forms of finance. The scope of assets securitised continues to expand. New securitisation structures are increasingly used in practice.

This subject considers the legal issues that affect securitisation and examines how structures are tailored to reflect the commercial factors that drive securitisation transactions. It will also address in depth the credit crunch and the consequences thereof for securitisation.

This subject covers both Australian and international (especially European) securitisation practice. Actual transactions will be discussed in class.

 

Assessment:
  • Class participation (10%)
  • Research paper 10,000 words (90%) (11 June) (topic approved by the subject coordinator)
Prescribed Texts: Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.
Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Please see the Subject Objectives for this information.
Links to further information: 730-732SecuritisationMelbourne Law Masters, postgraduate law, post-graduate law, graduate law2009P

Objectives:

A student who has successfully completed this subject should:

  • Be aware of and able to assess the commercial drivers for securitisation and the impact of the credit crunch on securitisation practice
  • Have developed a thorough understanding of structuring issues in these securitisations
  • Understand and be able to apply the general legal issues involved in these transactions.

 


Syllabus:

Securitisation is an innovative and flexible financing tool that provides an alternative (or, in some instances, a complement) to traditional forms of finance. The scope of assets securitised continues to expand. New securitisation structures are increasingly used in practice.

This subject considers the legal issues that affect securitisation and examines how structures are tailored to reflect the commercial factors that drive securitisation transactions. It will also address in depth the credit crunch and the consequences thereof for securitisation.

This subject covers both Australian and international (especially European) securitisation practice. Actual transactions will be discussed in class.

 

  • Class participation (10%)
  • Research paper 10,000 words (90%) (11 June) (topic approved by the subject coordinator)
N.A. N.A.24 - 26 contact hours per subject.Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.Please see the Subject Objectives for this information.The time commitment for this subject depends on the candidates background and experience.N.A.Please see the subject homepage on the Melbourne Law Masters website for up to date timetable information.LawLawYNNNParkvillePARKVILLEFor the latest information on this subject, please visit: http://www.masters.law.unimelb.edu.au/subject/730732730-7322

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