# Bank restructuring

`kaal:entity:bank-restructuring`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `bank-restructuring`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 2 works, 2012 to 2017.

**2012**

- [2061166-003](https://wulfkaal.github.io/claims/2061166-003) [definitional/asserted] -- Contingent capital is stipulated as the predefined conversion of a financial institution's debt securities into equity securities, and on that definition it supplies an option for the efficient restructuring and resolution of failing financial institutions.
  > Contingent capital is the predefined conversion of a financial institution's debt securities into equity securities.24 Contingent capital provides an option for the efficient restructuring and resolution of failing financial institutions.
  Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012). SSRN: https://ssrn.com/abstract=2061166

**2017**

- [2957645-017](https://wulfkaal.github.io/claims/2957645-017) [mechanism/argued] -- Strained financial institutions may find the automatic conversion of debt into equity through contingent capital securities an attractive alternative to being forced into restructuring or liquidation.
  > Strained financial institutions may find the automatic conversion of debt into equity via contingent capital securities an attractive alternative to being forced into restructuring or liquidation.31
  Kaal, Dynamic Regulation via Contingent Capital (2017). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2957645

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/bank-restructuring.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.
