Research Handbook on Crisis Management in the Banking Sector
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Research Handbook on Crisis Management in the Banking Sector

Edited by Matthias Haentjens and Bob Wessels

In this timely Handbook, over 30 prominent academics, practitioners and regulators from across the globe provide in-depth insights into an area of law that the recent global financial crisis has placed in the spotlight: bank insolvency law.
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Chapter 20: Germany

Alexander Bornemann

Extract

20. Germany1 Alexander Bornemann 20.1 PRE-­CRISIS APPROACH TO BANK INSOLVENCIES 20.1.1 Applicability of General Corporate Insolvency Law (Lex Generalis-­approach) Contrary to the language used by some authors,2 which suggested the existence of a s...

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