The Economics of bank bankruptcy law /
Matej Marinc and Razvan Vlahu
- London : Springer, 2012
- xiii, 158p. ; 24cm.
This book shows that a special bank bankruptcy regime is desirable for the efficient restructuring and liquidation of distressed banks. It explores in detail both the principal features of corporate bankruptcy law and the specific characteristics of banks including the importance of public confidence, negative externalities of bank failures, fragmented regulatory framework, bank opaqueness, and the related asset-substitution problem and liquidity provision.
9783642218064
Bank failures-- Law and legislation Banking law Bankruptcy