Crisis-hit Evergrande files for bankruptcy in US
Evergrande defaulted on its debt repayments in 2021.
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Evergrande defaulted on its debt repayments in 2021.
The commission is among those whose mandate is protected under Chapter 15 .
Insolvency & Restructuring counsel Rahman Connelly was recently accepted into Class XII of the International Insolvency Institute's (III) NextGen Leadership Program.
Chapter 15 of the Bankruptcy Code provides a mechanism for United States cooperation and coordination with insolvency proceedings abroad, often affording foreign debtors wide-ranging relief...
Last week, Garuda Indonesia asked a New York bankruptcy court to recognise its recent debt restructuring agreement in a Jakarta court, under Chapter 15 of the U.S. Bankruptcy Code