The FDIC's Hedgehog Strategy May Hold The Key To Cross-Border Resolution
Weil Business Finance & Restructuring partner Harvey R. Miller and associate Maurice Horwitz co-authored the article “The FDIC’s Hedgehog Strategy May Hold The Key To Cross-Border Resolution,” published by Bloomberg BNA Bankruptcy Law Reporter. In it, the authors discuss the “single point-of-entry” strategy that the FDIC plans to implement under Title II (Orderly Liquidation Authority) of the Dodd-Frank Act (the statute that empowers the FDIC to appoint itself as receiver for a failed, “systematically important financial institution”) and explain how this strategy could encourage cooperation among national regulators.
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