The principle of effectiveness during the EU Financial Crisis: effective judicial protection of bank
Introduction The aim of this research was to identify whether courts within the EU effectively protect bank depositors and whether arbitration would offer additional protection, especially in the light of the current global financial crisis. This was achieved by examining selective case law of national, EU and supranational courts and awards given by international tribunals in this area. In order to consider and compare the approach of courts and arbitral tribunals towards the protection of bank depositors during the financial crisis, this paper’s measure of assessment is based the right of effective judicial protection, as it is preserved in the Charter, the ECHR and the EU Treaties and the
