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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.
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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.
Understanding the role of the Foreign Representative is the key to a successful Chapter 15 case.
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.
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.
[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.
Who's part of this year's class of honorees?
International companies are increasingly using chapter 15 of the U.S. Bankruptcy Code to implement cross-border restructurings.
‘Bankruptcy tourism’ seems unaffected by an unusual cross-border insolvency.
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.
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
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.
Bill Rochelle discusses the troubled Brazilian economy with Fabio Vassel (Banco Brasil Plural) and Luis DeLucio (Alvarez and Marsal) at a 2015 ABI Cross-Border Bankruptcy Workshop.