What Do I Have to Do To Get a Sale Approved in Chapter 15?

Section 363 asset sales of a foreign debtor's U.S. assets are increasingly common in Chapter 15 cases. U.S. bankruptcy courts face several important issues in assessing the propriety of such sales. Check out this expertly drafted article discussing a recent decision addressing a sale of a foreign debtor's U.S. assets under Section 363(b) of the Bankruptcy Code.

Read now »

Related Content

• Chapter 15: Recent Developments
  Check out this practice note for information on recent developments in Chapter 15 of the Bankruptcy Code.

• Cross-Border Chapter 11 and Ancillary Chapter 15 Case Comparison Chart
  Understand the differences between a bankruptcy case involving a foreign debtor commenced under Chapter 11 and one commenced under Chapter 15.

• Recognition Motions
  Read about recognition motions filed in Chapter 15 bankruptcy cases

• Final Recognition of a Foreign Proceeding
  See this discussion of final recognition of a foreign proceeding under Chapter 15 of the Bankruptcy Code.

• Chapter 15 Overview
  Review this overview of Chapter 15 of the Bankruptcy Code.

• Filing a Chapter 15 Case
  Read this practice note for a discussion of the pre-filing considerations and requirements for filing a Chapter 15 bankruptcy case.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

• Third-Party Release Tracker (Post-Purdue Pharma) – Keep track of how courts are treating third-party releases since the Supreme Court issued the Purdue Pharma
• DIP Financing Key Terms Tracker – Compare the key terms of over 25 DIPs!
• Mega Chapter 11 Filings Tracker (2024) – Stay up to date with new Mega filings.
• DIP Financing Interest Rate Tracker – Compare the interest rates of over 25 DIPs in an easy-to-use chart.
• DIP Financing Fee Tracker – Compare the fees of over 25 DIPs in an easy-to-use chart.
• Subchapter V Decision Tracker – Keep up to date on key legal developments, with six new cases in September.
• Law Firm Rates Tracker (Debtor Professionals Mega Bankruptcies) – Compare the rates of over 50 law firms.
• Debtor Professionals Mega Tracker – Check out the debtor professionals retained in over 70 mega Chapter 11 cases.
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts. 
• Explore the Chevron Reversal Impact Resource Kit for analysis related to the Supreme Court’s decision to overturn four decades of deference to federal agency interpretations of ambiguous statutes.
• Generative Artificial Intelligence (AI) Resource Kit is a frequently updated collection of current Practical Guidance materials on generative AI, ChatGPT, and similar tools.
• Public Interest, Pro Bono, and Non-Profit Resource Kit offers valuable guidance for those providing pro bono legal services and assisting non-profit organizations and public interest groups. It includes useful content on topics including tenant's rights, fair housing and lending, discrimination, immigration, and general non-profit resources. 
• Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
• The Fall 2024 Edition of The Practical Guidance Journal features guidance on the use of AI in employment decisions, AI considerations in acquisition agreements, Chevron deference reversal challenges in FDA rulemaking, 50 years of ERISA pension protection, plus obligations and risks related to the provision of anti-overdose medication in the workplace. 
• Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID-19, and more.
• Browse the Practical Guidance Author Center to see the 2000+ leading attorney authors contributing to our 26 practice areas. Interested in becoming a Practical Guidance author? Click here for details. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.
• Discover New Practical Guidance Content and Resources
  Review this informative guide featuring some of the recent content additions to Practical Guidance, designed to help you find the tools and insights you need to work more efficiently and effectively.

PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+