Fulltext Search
Banking reform updater 11 - the single resolution mechanism examined

Introduction

In this Banking Reform updater we examine the single resolution mechanism (SRM), which together with the single supervisory mechanism (SSM) (Banking Reform updater 10) forms the key pillars of the EU Banking Union.

What is the SRM?

European Union, Banking, Insolvency & Restructuring, Norton Rose Fulbright, Banking union
Important cross-border enforcement decision by the New York courts

Summary

USA, New York, Insolvency & Restructuring, Litigation, Norton Rose Fulbright, Debtor, Interest, Arbitration award, Personal jurisdiction, Debt, Personal property, Default judgment, Extraterritoriality, Contempt of court, Dissenting opinion, Subsidiary, Forum shopping