Chapter 15 Emerging Trends: Creditors' Rights, Multinational Groups

more+
less-

US Bankruptcy Code Chapter 15, which incorporates the United Nations Model Cross-Border Insolvency Law, became effective October 2005. Designed to assist non-US proceedings in need of enforcement within the United States, interpretation of Chapter 15 is ever-emerging as it is applied to newly presented issues. The current article, presented at the AMERICAN BANKRUPTCY INSTITUTE (www.abiworld.org) 2011 Caribbean Insolvency Seminar, briefly addresses two issues: US creditor rights and multinational enterprise groups. A more expansive assessment of the application of Chapter 15 can be found in the Globe Law & Business (www.gbplawbooks.com) book "CROSS-BORDER INSOLVENCY: A COMMENTARY ON THE UNCITRAL MODEL LAW", soon to be published in its Third Edition.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Selinda A Melnik | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×