Aug 19, 2015

Bank Resolution: English and German Courts Place Limits on Obligations to Give Effect to Actions of Resolution Authorities in Other Member States

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In two recent decisions, European national courts have taken a narrow view of their obligations under the Bank Recovery and Resolution Directive (BRRD)—the new European framework for dealing with distressed banks. The message from both the English and the German courts was that resolution authorities must adhere strictly to the terms of the BRRD; otherwise, measures that they take in relation to distressed banks may not be given effect in other Member States.

View full memo, Bank Resolution: English and German Courts Place Limits on Obligations to Give Effect to Actions of Resolution Authorities in Other Member States

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Fredric Sosnick

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事業再生・倒産

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Barnabas Reynolds

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金融機関助言・金融規制

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Thomas Donegan

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Reena Agrawal Sahni

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Susanna Charlwood

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