Chapter 15 of the U.S. Bankruptcy Code provides a streamlined process for recognition (a form of comity) of a foreign insolvency proceeding. However, courts are divided as to whether a foreign debtor must satisfy the general...more
In its July 2018 session, UNCITRAL adopted and promulgated the Model Law on Recognition and Enforcement of Insolvency-Related Judgments (“MLIRJ”). The MLIRJ has been developed over the last four years by UNCITRAL’s Working...more
Russian Insolvency Proceedings Recognized under Chapter 15 of the United States Bankruptcy Code -
Blank Rome LLP’s bankruptcy team has the distinction of representing foreign representatives of Russian debtors in two...more