Creating a template for banking insolvency law reform after the collapse of Northern Rock: Part 1

Date

2009

Authors

Tomasic, R.A.

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Journal article

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Insolvency intelligence, 2009; 22(5):65-70

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Abstract

The collapse of Northern Rock Plc in September 2007 sent shock waves through banking, regulatory and political circles and led to the first run on a British bank in over 140 years. The subsequent injection of public funds into Northern Rock by the Bank of England and its nationalisation in February 2008 reflected a dramatic change in the landscape of British banking.

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Copyright 2009 Sweet and Maxwell

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