TITLE

Dialing in Scope of Chapter 15 Relief

AUTHOR(S)
MILLER, ROBERT
PUB. DATE
June 2013
SOURCE
ABI Journal;Jun2013, Vol. 32 Issue 5, p42
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the court case, In re AJW Offshore Ltd. which illustrates the confusion concerning turnover provisions available to foreign representative in a chapter 15 case. It notes that the bankruptcy court of the Cayman Islands has recognized the foreign representatives move to recover estate assets pursuant to Section 542 and 543 of the Bankruptcy Code. The court has determined that the representative could pursue turnover actions but with limitations as stated under 1521(a)(7).
ACCESSION #
88012889

 

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