ABI - American Bankruptcy Institute

12/12/2024 | News release | Distributed by Public on 12/11/2024 12:41

For Foreign Liquidators, Chapter 15 Is Better than Using Common Law, Decision Shows

December 12, 2024

For Foreign Liquidators, Chapter 15 Is Better than Using Common Law, Decision Shows

A foreign liquidator, who ran into problems in the Third Circuit using common law, changed course and quickly obtained relief in chapter 15.

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Opinion Link

View Opinion
https://abi-opinions.s3.us-east-1.amazonaws.com/Wayne+Burt+Bcy+Ct.pdf

Case Details

Case Citation

Wayne Burt PTE Ltd., 24-19956 (Bankr. D.N.J. Dec. 6, 2024)

Case Name

Wayne Burt PTE Ltd.

Case Type

Business