Bail-in tool and bank insolvency: theoretical and empirical discourses around a new legal (or illegal) concept

Journal article

Carabellese, Pierre de Gioia and Zhang, D. 2019. Bail-in tool and bank insolvency: theoretical and empirical discourses around a new legal (or illegal) concept. European Business Law Review . 30 (3), pp. 487-511.
AuthorsCarabellese, Pierre de Gioia and Zhang, D.
Abstract

Analyses the EU's bail-in tool for preventing a bank from collapsing. Outlines the history of the bail-in mechanism following the 2007-08 financial crisis, the scope of the bail-in tool, priorities, the "no creditor worse off" principle, and exempted liabilities. Highlights uncertainties associated with bail-ins.

KeywordsBail-in; Banks; Bank collapse; Banking; Finance
Year2019
JournalEuropean Business Law Review
Journal citation30 (3), pp. 487-511
PublisherWolters Kluwer
ISSN0959-6941
Official URLhttps://kluwerlawonline.com/journalarticle/European+Business+Law+Review/30.3/EULR2019022
Publication dates
PrintJun 2019
Publication process dates
Deposited12 Mar 2020
Accepted author manuscript
Output statusPublished
Permalink -

https://repository.canterbury.ac.uk/item/8qyw2/bail-in-tool-and-bank-insolvency-theoretical-and-empirical-discourses-around-a-new-legal-or-illegal-concept

Download files

Accepted author manuscript
Bail-in Paper Pierre and Daoning 24022019 rev mark-up.pdf

  • 96
    total views
  • 346
    total downloads
  • 1
    views this month
  • 1
    downloads this month

Export as

Related outputs

The governance and operating environment of the AIIB–is the AIIB a potential competitor of the World Bank?
Zhang, D. 2018. The governance and operating environment of the AIIB–is the AIIB a potential competitor of the World Bank? International Company and Commercial Law Review. 30 (1), pp. 15-28.
Preventive restructuring frameworks: a possible solution for financially distressed multinational corporate groups in the EU
Zhang, D. 2019. Preventive restructuring frameworks: a possible solution for financially distressed multinational corporate groups in the EU. European Business Organization Law Review. https://doi.org/10.1007/s40804-018-0125-3
The legal nature of the recovery and resolution plans in the new architecture of the Bank Recovery and Resolution Directive
De Gioia-Carabellese, P. and Zhang, D. 2019. The legal nature of the recovery and resolution plans in the new architecture of the Bank Recovery and Resolution Directive . International Company and Commercial Law Review. 30 (7), pp. 380-398.
From corporate responsibility to corporate accountability
Zhang, D. 2019. From corporate responsibility to corporate accountability. Hastings Business Law Journal. 16 (1).
Pre-packaged reorganisations in China and creditor protection
Zhang, D. 2018. Pre-packaged reorganisations in China and creditor protection. International Corporate Rescue. 15 (1), pp. 15-21.
Reconsidering procedural consolidation for multinational corporate groups in the context of the recast European insolvency regulation
Zhang, D. 2017. Reconsidering procedural consolidation for multinational corporate groups in the context of the recast European insolvency regulation. International Insolvency Review. 26 (3), pp. 241-357. https://doi.org/10.1002/iir.128610.1002/iir.1286
Certainty of subject matter: what China can learn from English trust law
Zhang, D. 2018. Certainty of subject matter: what China can learn from English trust law. Trusts & Trustees. 24 (10), pp. 1020-1030. https://doi.org/doi.org/10.1093/tandt/tty154
A recommendation to improve the opt-out mechanism in EU regulation on insolvency proceedings recast
Zhang, D. 2018. A recommendation to improve the opt-out mechanism in EU regulation on insolvency proceedings recast. International Company and Commercial Law Review. 28 (5), pp. 167-175.