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Is it Hard to Recognize a Chapter 15 Debtor?

May 31, 2022

Your client list includes international companies that are experiencing distress in the current market. You need to keep up to date on Chapter 15 legal developments in case one of your clients needs to file a foreign insolvency proceeding. Check out this article discussing a recent decision addressing the disagreement over whether a foreign bankruptcy case can be recognized under Chapter 15 of the Bankruptcy Code if the foreign debtor does not reside or have assets or a place of business in the United States.

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Related Content

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    Read this practice note for information on recognition motions filed in Chapter 15 bankruptcy cases
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    Review this practice note for an overview of Chapter 15 of the Bankruptcy Code.

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