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insolvency resolutions have changed substantially under FDICIA. The average interval between bank examinations has dropped for … insolvency-resolution process. Consistent with an hypothesis that FDICIA has improved incentives, our data show that a markedly …
Persistent link: https://www.econbiz.de/10013071216
a special regime of bank insolvency that places their failure outside the jurisdiction of bankruptcy courts. In 1976 …, Robert Clark observed that "[t]he theory behind special insolvency proceedings for financial intermediaries appears not to … entirely failed even to notice the existence of a special bank insolvency regime....Few would think that the neglect is still …
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objectives that are fundamentally different from the objectives of normal insolvency law. Because of the dramatic paradigm shift … normal insolvency law dichotomy of liquidation vs. preservation or reorganisation. Nonetheless, normal insolvency law will … the BRRD's bank resolution rules and remain applicable to bank insolvency situations where specific bank resolution rules …
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Exploiting the timing of the 2005-06 Italian bankruptcy law reforms, we disentangle the effects of reorganization and liquidation in bankruptcy on bank financing and firms' investment. A 2005 reform introduces procedures facilitating loan renegotiation. The 2006 reform subsequently strengthens...
Persistent link: https://www.econbiz.de/10013017465
of government in the insolvency-resolution process. Consistent with an hypothesis that FDICIA has improved incentives … transitions and the character of insolvency resolutions have changed substantially under FDICIA. The average interval between bank …
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: Differences Between Bank Insolvency Law and General Insolvency Law -- I. General Policy Considerations -- 1. Special Treatment of …
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treatment of banking problems. The book does not cover international aspects of bank insolvency, but rather has a domestic focus …
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