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Bankruptcy Code Chapter 15 – Ancillary and Other Cross-Border Cases

Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. It is the U.S. domestic adoption of the Model Law on Cross-Border Insolvency promulgated by the United Nations Commission on International Trade Law (“UNCITRAL”) in 1997, and it replaces section 304 of the Bankruptcy Code. Read brief information at http://lawofficesmrn.com/chapter-15-ancillary-and-other-cross-border-cases/<br>

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Bankruptcy Code Chapter 15 – Ancillary and Other Cross-Border Cases

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  1. Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. It is the U.S. domestic Abuse Prevention and Consumer Protection Act of 2005. It is the U.S. domestic adoption of the Model Law on Cross adoption of the Model Law on Cross- -Border Insolvency promulgated by the Border Insolvency promulgated by the United Nations Commission on International Trade Law (“UNCITRAL”) in 1997, United Nations Commission on International Trade Law (“UNCITRAL”) in 1997, and it replaces section 304 of the Bankruptcy Code. Read brief information at and it replaces section 304 of the Bankruptcy Code. Read brief information at http://lawofficesmrn.com/chapter http://lawofficesmrn.com/chapter- -15 15- -ancillary border border- -cases/ cases/ ancillary- -and and- -other other- -cross cross- -

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