Management in the Field of Insolvency. The Recovery Need of a Bank Company in the Field of The Contemporary Crisis

In this hereby work there is the legal frame regarding the bank companies for the insolvency procedure, as well as the recovery need of a bank for the systemic financial stability. The bank resolution shows up as an alternative to the common insolvency procedures in case of a credit institution under difficulty. The financial crisis has showed that when a bank is affected by problems, they can influence the entire financial-banking sector. Therefore, there is the need of far more firm agreements regarding the management of contemporary crises, as well as of certain proper authorities and mechanisms in the solving of the situations of the banks under difficulty.