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Why International Litigants Are Using Chapter 15 to Optimize Financial Recoveries in Foreign Insolvency Proceedings

While it is now a well-trodden path for foreign office holders seeking more traditional ancillary assistance, Chapter 15 continues to evolve as enterprising U.S. legal advisers and foreign office holders team up to deploy progressively novel cross-border strategies.

10 minute readAugust 01, 2016 at 12:00 AM
By
Rebecca Hume, Jeremy Hollembeak
Anna Gilbert
Why International Litigants Are Using Chapter 15 to Optimize Financial Recoveries in Foreign Insolvency Proceedings

Since its introduction in 2005, Chapter 15 of the U.S. Bankruptcy Code has increasingly featured in foreign bankruptcy proceedings. While it is now a well-trodden path for foreign office holders seeking more traditional ancillary assistance, Chapter 15 continues to evolve as enterprising U.S.

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