UK Bank Insolvency Reform
Capital Markets Law Journal, Vol. 3, p. 320, 2008
8 Pages Posted: 10 Jul 2008
Date Written: July 9, 2008
Recent credit difficulties have revealed the potential inadequacies of UK insolvency regimes applicable to credit institutions, prompting the UK regulatory authorities to consult on the possibility of insolvency reform. This article discusses the recent credit crisis, considers the US bank insolvency regimes and reviews some of the proposals for reform of the UK bank insolvency procedures.
Keywords: bank insolvency, UK insolvency reform
JEL Classification: K10, K19, K20, K23, K29, K30, K39
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