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Must Foreign Debtors Have U.S. Property to be Eligible for Relief under Chapter 15? | Blank Rome LLP - Vimarsana News

Must Foreign Debtors Have U.S. Property to be Eligible for Relief under Chapter 15? | Blank Rome LLP

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...