Bail-in tool and bank insolvency: theoretical and empirical discourses around a new legal (or illegal) concept
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.
|Authors||Carabellese, Pierre de Gioia and Zhang, D.|
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.
|Keywords||Bail-in; Banks; Bank collapse; Banking; Finance|
|Journal||European Business Law Review|
|Journal citation||30 (3), pp. 487-511|
|Publication process dates|
|Deposited||12 Mar 2020|
|Accepted author manuscript|
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