Insolvency proceedings and issues relating to personal and business insolvencies are the daily subject of scholarly … work and insolvency practice. But what is an insolvency proceeding? And why is this an important question? This article … normative, i.e. it seeks to shape insolvency policy and lawmaking. Existing approaches to the regulatory problem examined in …

For a long time, the European insolvency laws have been considered as country-specific regulations, entirely focused on … supranational legal sources. But the European Union (E.U.) law has gradually modified the approach to insolvency proceedings. The E ….U. approach to the harmonization of national laws on insolvency proceedings has been twofold. Initially, the E.U. legislature has …

, and regulators around bank insolvency may corrupt banks' credit allocation and monitoring decisions, leading to suboptimal … regulatory insolvency using a large firm-level dataset and proposing a new indicator to measure the catharsis effect. Employing …

to fail. Failure of a bank may trigger formal insolvency (resolution) proceedings, if there is no available option to … save it as a going concern. Bank insolvency proceedings comprise various mechanisms, instruments, and transactions to … enable resolution authorities to properly deal with a failed bank. Bank restructuring within insolvency proceedings means …