kaal:claim:2061166-017

Requiring only that consideration be commensurate with the value of transferred assets invites frequent and significant disputes over valuation, a problem compounded when the consideration consists of shares in the bridge bank, whose own value must then also be assessed.

However, because the required consideration must only be commensurate with the value of the transferred assets,419 there may often be significant disagreements over the issue of valuation.

Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012), (b) Regulatory intervention powers and procedures, p. 48
https://ssrn.com/abstract=2061166 · source PDF

Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012). SSRN: https://ssrn.com/abstract=2061166

• asset transfers to a bridge bank under the German Banking Act
• consideration paid in shares of the transferee entity

failuresupport: arguedfailure: Valuation disputes over bridge bank considerationfamily: valuation-and-pricing-failuresystemic-riskeconomics

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