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<p>Resolution of a troubled institution and the allocation of losses among creditors can be an efficient way to avoid contagion and minimize taxpayer support, but raises major issues of fairness and equity towards shareholders and creditors, which are a source of tensions. The Banco Popular litigation saga offers clear empirical evidence of these tensions. This essay discusses the main lessons that can be drawn from that litigation.</p>

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Bank Resolution and Judicial Review: Lessons of the Banco Popular Litigation

  • 期刊论文

  • 出版模式：

    开放获取

  • 发表日期：

    2025年1月16日

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  • Marco Lamandini,
  • David Ramos Muñoz

摘要

Resolution of a troubled institution and the allocation of losses among creditors can be an efficient way to avoid contagion and minimize taxpayer support, but raises major issues of fairness and equity towards shareholders and creditors, which are a source of tensions. The Banco Popular litigation saga offers clear empirical evidence of these tensions. This essay discusses the main lessons that can be drawn from that litigation.