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Bail-ins are hot – part of the toolkit to establish a framework for the recovery and resolution of credit institutions and investment firms under proposals approved by the Council of the EU. Already available in certain circumstances under Dodd-Frank. But what about international investment protection law? ask Maurice Mendelson QC and Dr Martins Paparinskis .
Taking Cyprus as their example, they raise questions about compliance with international investment protection obligations regarding compensation for expropriation, with in-depth analysis of competing procedural and proprietary rights. This article was first published in the Journal of International Banking & Financial Law.
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