Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Chapter 11 update makes bank resolution in court “credible”, but doubts linger

By Jack Barton

21 April 2017

The US government recently approved changes to the Bankruptcy Code designed to enhance too-big-to-fail regulations - but practitioners still harbour doubts over whether the court system is an appropriate means of resolving systemically important banks.