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Chapter 15 Insolvency Default

Dechert LLP

English court rules that certain ISDA bankruptcy events of default can be cured

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In October 2022, the English High Court delivered a long-awaited judgment relating to whether or not certain Bankruptcy Events of Default can be cured under the ISDA 2002 and 1992 Master Agreements ("ISDA Master Agreements")...more

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Exelco’s US Chapter 11 Case Dismissed in Favor of Belgian Proceeding

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The Delaware Bankruptcy Court recently dismissed a Chapter 11 bankruptcy case pending before it and recognized, under Chapter 15 of the Bankruptcy Code, the debtor’s bankruptcy proceeding in Belgium. Exelco NV (“Exelco”), a...more

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