EBU Single Rulebook Q&A 30 January 2015 2015_1775 Non transferred assets, rights and liabilities of shareholders or creditors
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European Union · · · 30-01-2015
Articles 38(13), 40(11) and 42(12) of Directive 2014/59/EU (BRRD) state that shareholders or creditors whose assets, rights and liabilities are not transferred, shall have no rights over the assets, rights and liabilities that are transferred. What is meant by that and how would this affect a creditors right in rem against an institution?
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