The programme comprises 102 hours of compulsory modules.

Module I – Corporate Restructuring and Insolvency: General Issues

• Legal Principles in Corporate Restructuring and Insolvency (1h30) — Catarina Serra (University of Minho / Supreme Court of Justice – STJ)
• The Harmonisation of European Law on Corporate Restructuring and Insolvency (1h30) — Catarina Serra (University of Minho / STJ)
• Insolvency Proceedings, Out-of-Court Agreements (RERE – Regime Extrajudicial de Recuperação de Empresas) and Hybrid Proceedings (PER – Processo Especial de Revitalização) (1h30) — Maria de Fátima Ribeiro (Universidade Católica Portuguesa – Porto)

Module II – Corporate Restructuring: Prevention, Plan Negotiation and Effects of the Opening of PER

• Early Warning Mechanisms and the Role of Creditors (1h30) — Pedro Leitão Pais de Vasconcelos (UCP Lisbon)
• Directors’ Duties in the Event of a Likelihood of Insolvency (3h) — Luís Correia Araújo (UCP Porto)
• Procedural Effects of the Order Opening the PER (3h) — Lucinda Dias da Silva (University of Coimbra)
• Substantive Effects of the Order Opening the PER, in Particular on Essential Executory Contracts (3h) — Alexandre de Soveral Martins (University of Coimbra)
• Plan Negotiation, with Particular Attention to Strategic Creditors (3h) — Madalena Perestrelo de Oliveira (University of Lisbon – Faculty of Law)
• Plan Approval Systems and the Formation of Creditor Classes in PER (3h) — José Gonçalves Machado (Lusófona University – Lisbon)
• The Role of Shareholders in Corporate Restructuring (3h) — Paulo Olavo Cunha (UCP Lisbon)

Module III – Corporate Restructuring Operations

• Debt-for-Equity Swaps and Other Restructuring Operations Affecting Liabilities (3h) — Pedro Maia (University of Coimbra)
• Restructuring Operations Affecting Share Capital (3h) — Paulo de Tarso Domingues (University of Porto)
• Financing Corporate Restructuring (3h) — Paulo de Tarso Domingues (University of Porto)
• Corporate Restructuring and Employment Contracts (3h) — Júlio Gomes (UCP Porto / STJ)

Module IV – Confirmation, Effects and Non-Compliance with the PER Restructuring Plan

• Confirmation of the Plan and the Principle of Equality Between and Within Creditor Classes (1h30) — Catarina Serra (University of Minho / STJ)
• Non-Compliance with the Plan (1h30) — Nuno Manuel Pinto Oliveira (University of Minho / STJ)
• Effects of the Plan on Guarantors (3h) — Januário da Costa Gomes (University of Lisbon – Faculty of Law)

Module V – Insolvency Proceedings: Procedure and Procedural Aspects

• From the Filing of the Petition to the Judgment Declaring Insolvency (3h) — Maria José Capelo (University of Coimbra)
• Procedural Effects of the Declaration of Insolvency, in Particular on Arbitral Proceedings (3h) — Ana Filipa Morais Antunes (UCP Lisbon)
• Filing, Verification and Ranking of Claims (3h) — Miguel Teixeira de Sousa (University of Lisbon)
• Seizure and Liquidation of Assets and Distribution to Creditors (3h) — Rui Pinto (University of Lisbon – Faculty of Law)

Module VI – Insolvency Proceedings: Substantive Aspects

• Classification of Claims and Persons Especially Related to the Debtor (3h) — Maria de Fátima Ribeiro (UCP Porto)
• Effects of the Declaration of Insolvency on the Debtor, Shareholders and Directors (3h) — Inês Oliveira Martins (University of Coimbra)
• Effects of the Declaration of Insolvency on Claims and Securities (3h) — Francisco Mendes Correia (University of Lisbon – Faculty of Law)
• Effects of the Declaration of Insolvency on Ongoing Contracts (3h) — Ana Taveira da Fonseca (UCP Lisbon)
• Ipso Facto Clauses (3h) — Higina Castelo (Lisbon Court of Appeal – TRL)
• The Regime of Acts Detrimental to the Insolvency Estate (actos prejudiciais à massa) (3h) — Maria de Fátima Ribeiro (UCP Porto)
• Liability for the Creation or Aggravation of Insolvency (3h) — Nuno Manuel Pinto Oliveira (University of Minho / STJ)
• Insolvency and Employment Contracts (3h) — Joana Vasconcelos (UCP Lisbon)
• Tax Aspects of Insolvency Proceedings (3h) — Sara Luís Dias (Portucalense University)

Module VII – Special Cases

• Rescue of Insolvent Companies (3h) — Carolina Cunha (University of Coimbra)
• Insufficiency of the Insolvency Estate (insuficiência da massa insolvente) (3h) — Alexandre de Soveral Martins (University of Coimbra)
• Pre-Pack Sale of the Company (3h) — José Ferreira Gomes (University of Lisbon – Faculty of Law)
• Insolvency of Micro-Enterprises (3h) — Catarina Serra (University of Minho / STJ)
• Discharge of Remaining Debts (exoneração do passivo restante) (3h) — Maria de Fátima Ribeiro (UCP Porto)
• Insolvency and Corporate Groups (3h) — Ana Perestrelo de Oliveira (University of Lisbon – Faculty of Law)
• Cross-Border Insolvency (3h) — Rui Pereira Dias (University of Coimbra)