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Institutional and Legal Impediments to Efficient Insolvent Bank Resolution And Ways to Overcome Them

Warren Coats, Ph.D. University of Chicago
Arno Liuksila, International Monetary Fund

Abstract

This paper explores the legal constraints for establishing a more efficient procedure for removing unsuccessful banks from the system. It calls for special legal techniques that treat banks differently than other companies.

Suggested Citation

Warren Coats and Arno Liuksila. "Institutional and Legal Impediments to Efficient Insolvent Bank Resolution And Ways to Overcome Them" USAID. Sofia, Bulgaria. Jul. 1999.
Available at: http://works.bepress.com/warren_coats/17