FDIC Clarifies its Orderly Liquidation Authority and Treatment of Non-bank ABS Collateral Under Dodd-Frank | Practical Law

FDIC Clarifies its Orderly Liquidation Authority and Treatment of Non-bank ABS Collateral Under Dodd-Frank | Practical Law

An update on developments involving the orderly liquidation authority of the Federal Deposit Insurance Corporation (FDIC) under the Dodd-Frank Act, including a new interim final rule clarifying the FDIC's orderly liquidation authority, and a letter from the FDIC clarifying its treatment of asset-backed securities (ABS) in the case of a bankruptcy of a non-bank issuer.

FDIC Clarifies its Orderly Liquidation Authority and Treatment of Non-bank ABS Collateral Under Dodd-Frank

by PLC Finance and Practical Law Bankruptcy & Restructuring
Published on 19 Jan 2011 • USA (National/Federal)
An update on developments involving the orderly liquidation authority of the Federal Deposit Insurance Corporation (FDIC) under the Dodd-Frank Act, including a new interim final rule clarifying the FDIC's orderly liquidation authority, and a letter from the FDIC clarifying its treatment of asset-backed securities (ABS) in the case of a bankruptcy of a non-bank issuer.