# kaal:claim:2061166-026

**Claim.** 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.

**Type.** condition  **Support.** argued

**Holds when.**

- proposed amendments to Sections 192, 194 and 221 of the German Corporation Act

**Source quote.**

> 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, page 62

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

**Verify.** sha256 of source PDF `43625ea260d0fc045e86d3435df50c9d0ca4abf8542e6085a6165be6653b4a7b` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Henkel%20and%20Kaal%20-%202012%20-%20Contingent%20Capital%20in%20European%20Union%20Bank%20Restructuring.pdf

**Failure mode.** Domestic contingent capital reform stalls without external mandate  (family: collective-action-and-coordination-failure)

**Topics.** contingent-capital, law-and-legal-systems

**Keywords.** german-corporation-act, contingent-capital, legal-reform, eu-law, international-recognition

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.