Does the Statement of Policy apply to recapitalizations of existing banks? Would it apply if the recapitalized institution acquired a failed insured institution?
A:
Recapitalizations of existing institutions are not subject to the Statement of Policy. Where new Investors have recently recapitalized an institution and the institution seeks to acquire a failing bank,...
AdABI Is The Networking, Research, And Education Resource For Professionals At Every Stage. Join ABI And Receive Daily Updates, Access To Resources, Event Opportunities And More!
Types: Bankruptcy Education, Conferences And Webinars, Continuing Education