kaal:claim:2061166-026

Enacting the proposed German Corporation Act amendments that would give contingent capital securities a statutory basis would require substantial changes across other areas of German law, and is unlikely to be achieved unless European Union law requires it and the standards are internationally recognized.

Source quote, verbatim
Implementing the amendments would require substantial changes in other areas of German law.519 This may not be easily achieved unless required under European Union law and internationally recognized.
From

Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012), E. German Draft Amendments to the Corporation Act, p. 62
https://ssrn.com/abstract=2061166 · source PDF

Cite as

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

Holds when
Classification

conditionsupport: arguedfailure: Domestic contingent capital reform stalls without external mandatefamily: collective-action-and-coordination-failurecontingent-capitallaw-and-legal-systems

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Attestation record: colloquium/attestations/d5a1fd6665905f91...json
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