Weil Business Finance & Restructuring partner Harvey R. Miller and associate Maurice Horwitz co-authored the article “The FDIC’s Hedgehog Strategy May Hold The Key To Cross-Border Resolution,” published by Bloomberg BNA Bankruptcy Law Reporter. In it, the authors discuss the “single point-of-entry” strategy that the FDIC plans to implement under Title II (Orderly Liquidation Authority) of the Dodd-Frank Act (the statute that empowers the FDIC to appoint itself as receiver for a failed, “systematically important financial institution”) and explain how this strategy could encourage cooperation among national regulators.
Please click here to read the full article (may require registration/subscription).
More from the Bankruptcy Blog
Copyright © 2019 Weil, Gotshal & Manges LLP, All Rights Reserved. The contents of this website may contain attorney advertising under the laws of various states. Prior results do not guarantee a similar outcome. Weil, Gotshal & Manges LLP is headquartered in New York and has office locations in Beijing, Boston, Dallas, Frankfurt, Hong Kong, Houston, London, Miami, Munich, New York, Paris, Princeton, Shanghai, Silicon Valley, Warsaw, and Washington, D.C.