Franks, Julian R. (contributor); Sussman, Oren (contributor) - 2000 - [Elektronische Ressource]
another institution, or in case of failure a formal insolvency
procedure (such as receivership or administration). The … resolution of financial distress.
As is well known, UK insolvency procedures are highly creditor oriented. Contractual
rights are … the
bank in control of the insolvency procedures. The conventional wisdom is that this
high level of control and security …