To resolve the distress of Euro area countries the creation of a state resolvency model may be thought of. Prof. Paulus, University of Berlin, will outline his ideas on the legal feasibility of such resolvency mechanism for the Eurozone and debate the challenges thereto. Prof. Reinisch, University of Vienna, continues by outlining the most relevant legal difficulties, which can be traced at international level, such as the impact and treatment of private creditors.
The European Resolvency Mechanism
- Christoph Paulus, University of Berlin
Specific challenges in establishing an insolvency mechanism from an international law pespective
- August Reinisch, University of Vienna