The threat of being wiped out in bankruptcy could cause creditors to flee both the troubled firm and any firms like it, precisely the sort of panic the resolution regime is meant to avoid.
Advance payment bond a bank bond guaranteeing the advance payment made by the employer to the contractor in case ofbankruptcy or other cause.
先期付款契约一种银行契约,保证雇主在破产或其他情况下,向承包人先行付款。
3
The major causeof the bankruptcy of the Japanese life insurance companies lies in the spread loss which is rooted in the mismatch of assets and liabilities.