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The Banking Act 2009 has introduced a special regime to deal with failing banks in the UK. A feature of the legislation is the regulator's power to trigger the regime by determining whether or not a bank is likely to fail. The use of the Act with Dunfermline Building Society has highlighted the...
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. And finally the current state of things, with the recent recast of the European Insolvency Regulation, is assessed. It …The "Centre of Main Interests" ("COMI") is one of the most relevant concepts in the international insolvency scene. It … is used as the main criterion to assign jurisdiction in cross border insolvency cases in the vast majority of the …
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The European Insolvency Regulation of 29 May 2000 was designed to ensure that the insolvency laws of EU Member States … could operate effectively and efficiently in cross-border cases. To achieve this, the Regulation limits the circumstances in … which insolvency proceedings can be opened in Member States and supplies rules to regulate the scope and effects of, and the …
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Insurance insolvency is a global phenomenon and a national issue. It is an interesting part of the field of study … Philippines and classified the survivability of the firms into strong, moderate, weak and insolvent. Selected insolvency …
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