{"product_id":"creditor-priority-in-european-bank-insolvency-law-9781509953691","title":"Creditor Priority in European Bank Insolvency Law","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eThis book provides the first comprehensive treatment of creditor priority in European bank insolvency law.\u003cbr\u003e\u003cbr\u003eFollowing reform in the wake of the global financial crisis, EU law requires that Member States have in place bank-specific insolvency frameworks. Creditor prioritythe order in which different creditors bear losses should a bank faildiffers substantially between bank-specific and general insolvency law. The bank-specific creditor priority framework aims to ensure that banks can enter insolvency proceedings without disrupting financial stability.\u003cbr\u003e\u003cbr\u003eThe book provides a systematic and thorough account of the Bank Recovery and Resolution Directive and other EU legislation that governs creditor priority in bank resolution and liquidation proceedings, and their interaction with national law. The framework is analysed from several perspectives, including comparison with creditor priority in English, German and Norwegian general insolvency law. Moreover, the book places the evolution of the framework and its justifications within the broader post-crisis shifts in bank regulation, and critically examines the assumptions that underlie these developments. Finally, the book discusses how this area of law could evolve in the future.\u003c\/p\u003e","brand":"Bloomsbury Publishing PLC","offers":[{"title":"Default Title","offer_id":53515804148055,"sku":"9781509953691","price":999.99,"currency_code":"GBP","in_stock":false}],"url":"https:\/\/bookcurl.com\/products\/creditor-priority-in-european-bank-insolvency-law-9781509953691","provider":"Book Curl","version":"1.0","type":"link"}