Principle of pure universality in international bankruptcy [PDF]
In this article the author analyzes the principle of pure universality in international bankruptcy law. This is one of the most important theories in the field of cross-border insolvency, that came up as an answer to the dominance of principle of ...
Radović Vuk
doaj +1 more source
The impact of Brexit on judicial cooperation in cross-border insolvency and restructuring in the European Union [PDF]
This article considers the implications of Brexit for cross-border insolvency and restructuring practice under the EU Regulation on Insolvency Proceedings (recast). I will not discuss the detailed implications of Brexit for the EU’s judicial cooperation
Walters, A
core
The Effects of Regulatory Office Closures on Bank Behavior
Abstract We investigate if the decentralized structure of regulatory office networks influences supervisory outcomes and bank behavior. Following the closure of an office, banks previously supervised by that office increase their lending and risk‐taking.
IVAN LIM, JENS HAGENDORFF, SETH ARMITAGE
wiley +1 more source
UNCITRAL Model Law on Cross-border insolvency: background, purpose and the scope of application
The present article is dedicated to UNCITRAL Model Law on cross-border insolvency, the basic stages of its preparation and scope of application. The provisions of Model Law, concerning coordination of parallel proceedings within the case of cross-border ...
N V Kalinina
doaj
An Introduction to Corporate Insolvency Law [PDF]
English law provides three forms of insolvency proceeding for companies: liquidation, administration and company voluntary arrangements. This paper begins by examining the nature and purpose of insolvency law, the concepts of insolvency and insolvency ...
Anderson, Hamish
core +1 more source
Bank Opacity and Safe Asset Moneyness
Abstract A bank is more effective as a supplier of money‐like safe assets when (i) its return on equity (ROE) is relatively lower and (ii) it is relatively more opaque about its balance sheet. A model is presented to support this, emphasizing that safe asset investors focus on the left tail of the collateral value distribution.
SANG RAE KIM
wiley +1 more source
Harmonising Insolvency Laws in the Euro Area: Rationale, stocktaking and challenges. CEPS Special Report No. 153, December 2016 [PDF]
There are four distinct areas where harmonising national insolvency frameworks could improve the functioning of the single market and the stability of the euro area.
Valiante, Diego.
core
Banks of a Feather: The Informational Advantage of Being Alike
Abstract Banks lend more to banks that are similar to them. Using data from the German credit register and proprietary supervisory data on the quality of banks' loan portfolio, we show that a similar portfolio of the lending and borrowing bank helps to overcome information asymmetries in interbank markets.
PETER BEDNAREK +3 more
wiley +1 more source
PROPOSAL FOR A DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL HARMONISING CERTAIN ASPECTS OF INSOLVENCY LAW - INTRODUCTORY ASPECTS [PDF]
Insolvency is an area inextricably linked to the evolution of investment, capital markets and the single market, the convergence of insolvency regimes at Member State level being a major concern of the European legislator.
Vasile NEMEȘ, Gabriela FIERBINȚEANU
doaj
Abstract We evaluate whether deposit insurance (DI) promotes liquidity by influencing depositor behavior. We use the postal savings (PS) system and state‐adopted DI schemes during the 1920s to examine the effect of bank suspensions on PS deposit growth in pairs of border cities (DI versus non‐DI).
Lee K. Davison, Carlos D. Ramirez
wiley +1 more source

