Items related to Unlimited Liability of State-Owned Banks under the...

Unlimited Liability of State-Owned Banks under the EC - Rules of State AIDS - Hardcover

Immenga, Ulrich; Rudo, Joachim

 
9783540643142: Unlimited Liability of State-Owned Banks under the EC - Rules of State AIDS
Hardcover
ISBN 10: 3540643141 ISBN 13: 9783540643142
Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. K, 1998

Synopsis

The applicability of EC law of state aids to the state's unlimited liability for Savings Banks and "Landesbanken" is controversial. Legal and political discussions following the Maastricht-II-Treaty tend to assume that liabilities have to be qualified as state aids. However, as the liabilities in question derive from public ownership, they have to be distinguished from securities for corporate debts which might be qualified as state aids under EC law. In this context the book discusses state aids to public companies and the private investor test of the EC Court of Justice. The authors question the EC Commission's concept to quantify refinancing advantages which are supposed to be achieved by virtue of public liability.

"synopsis" may belong to another edition of this title.

Synopsis

An exploration of unlimited liability of state-owned banks under the EC Rules of State Aids. It covers: institutional burden and guarantor liability; applicability of Article 92 EC Treaty; special features of the banking sector; and distortion of competition and impairment of international trade.

"About this title" may belong to another edition of this title.

Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Publication date
1998
Language
English
ISBN 10 
3540643141
ISBN 13 
9783540643142
Binding
Hardcover
Number of pages
154