Abstract

Next, we will analyze what makes banks special, and what this entails for the bankruptcy process involving banks. We review the main characteristics of bank bankruptcy law and describe the methods for restructuring of a failing bank. Subsequently, we show that these characteristics are typically not taken into account in corporate bankruptcy law. Corporate bankruptcy law should therefore be adapted by special amendments, or a completely new bank bankruptcy law could be used.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.