Insured depository institutions with $50 billion to less than $100 billion in average total assets are subject to new resolution reporting standards, with enhanced reporting for those with average ...

August 12, 2024 - On June 20, 2024, the Federal Deposit Insurance Corporation (FDIC) issued a final rule (Final Rule) which will significantly increase the resolution planning requirements under 12 ...

The FDIC recently finalized its resolution planning rule for large banks, which becomes effective October 1, 2024. Resolution plans, or "living wills," are plans to wind down operations in the event ...

Federal Deposit Insurance Corp. Chair Martin Gruenberg said the agency's new living will requirements will ensure that banks "not be dependent on a sale executed over the weekend following the ...

The Federal Deposit Insurance Corp.'s framework for resolving a large bank failure is inadequate and leaves the door open to future taxpayer-subsidized bailouts, writes Arthur Wilmarth. The FDIC's ...

The Supreme Court rules that successful resolution applicants cannot renegotiate or withdraw once the CoC approves a plan.

The Delhi High Court held that acceptance of payment under an approved insolvency resolution plan amounted to settlement of the dispute. As the plaintiff accepted the CIRP amount as full and final ...

Newe Committee of Creditors (CoC) cannot modify or alter a resolution plan for reallocation of funds of dissenting creditors, after it is approved, insolvency appellate tribunal NCLAT has said.