Insolvency proceedings over the assets of the institution or group entity leave unaffected the application of a resolution tool and the exercise of resolution powers, and their respective legal effects; avoidance is not possible, either within or outside such insolvency proceedings.
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Part 4 · Resolution › Division 3 · Resolution Order; Procedural Provisions; Change of Legal Form; Recourse to Deposit Guarantee Schemes; Protective Provisions › Section 141
Resistance of resolution actions to insolvency; avoidance
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