News & Analysis as of

Foreign Corporations Automatic Stay

Skadden, Arps, Slate, Meagher & Flom LLP

International Companies Turn To US Restructurings for COVID-19 Relief

Many foreign companies experiencing financial distress due to the COVID-19 pandemic have utilized the American bankruptcy system to restructure. In 2020, major airlines in Chile, Colombia and Mexico availed themselves of...more

King & Spalding

OAS UPDATE: Bankruptcy Court Grants Limited Temporary Relief in Chapter 15 Case

King & Spalding on

Background: Grupo OAS, a Brazilian construction conglomerate linked to a massive corruption scandal (“OAS”), filed for Chapter 15 creditor protection in the Bankruptcy Court for the Southern District of New York on April 15,...more

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