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A Primer on the Chapter 15 Global Chess Game
This article provides a base level of familiarity through a brief discussion of recent cases addressing debtor eligibility and foreign case recognition concepts under chapter 15.
Explore Global Insolvency's New Site
Need to know about international insolvency trends and developments? Watch here to learn about the new capabilities and resources available. Be sure to visit the redesigned GlobalInsolvency.com today
Afghanistan Insolvency and Bankruptcy Law, 2018
While there had been provisions in Afghanistan law that dealt with insolvency, they were generally unknown even among lenders. Thus, Afghanistan needed a new bankruptcy law.
The Foreign Representative and the Start of a Chapter 15 Case
Understanding the role of the Foreign Representative is the key to a successful Chapter 15 case.
In re Thane: If It Walks Like a Duck and Quacks Like Duck, It Still Might Not Be an Assumed Contract
In conjunction with a § 363 sale, do not make any assumptions that certain contracts have been impliedly assumed, even if the buyer’s course of conduct might indicate that.
Reverse Fraudulent Transfer Claim: Venezuela and Disputes Over Gold
Venezuela insisted that the Crystallex judgment would never be paid so it engineered a “reverse fraudulent transfer” to take assets out of the U.S. and back to Venezuela to avoid creditor claims.
Tax Reform for Restructuring Lawyers
[T]here are a number of provisions that restructuring lawyers should be aware of in the once-in-a-generation tax reform bill signed by President Trump on Dec. 22, 2017.
2019 Class Announced
Who's part of this year's class of honorees?
Hanjin Sends Emergency S.O.S: Provisional Relief in § 1519(a) of the U.S. Bankruptcy Code
International companies are increasingly using chapter 15 of the U.S. Bankruptcy Code to implement cross-border restructurings.
New York Judge Bars Use of Chapter 15 to Disrupt a Foreign Bankruptcy
‘Bankruptcy tourism’ seems unaffected by an unusual cross-border insolvency.
Third Circuit Joins Other Circuits in Holding WARN Act Exception’s Standard Is “Probable,” not “Possible”
Russian bank's involvement in Eclipse Aviation case leads court to adopt a new standard that "strikes an appropriate balance" in WARN Act protection cases.
Canadian Recognition of U.S. Bankruptcy Proceedings: Not Always a Rubber Stamp for First-Day Orders
Moreover, foreign recognition of first-day orders in cross-border insolvencies, particularly in Canada-U.S. ones, have been dealt with in a context of a high degree of mutual deference and collaborati
Rochelle Discusses Cross-Border Cases with Allan Gropper
ABI Editor-at-Large Bill Rochelle discusses cross-border cases with Hon Allan L. Gropper, U.S. Bankruptcy Judge (ret.) from the Southern District of New York.
Bloomberg News - Eye On Bankruptcy Presentation: Brazil's Economic Problems