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

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

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