It is generally well understood that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy case as a "main" proceeding under chapter 15 of the Bankruptcy Code triggers the ...
An automatic stay prevents creditors from taking action to collect on certain debts when you file for bankruptcy. Automatic stays can offer some protection against eviction, foreclosure, repossession ...
A Nov. 14 opinion from the U.S. Bankruptcy Court for the District of Delaware provides a reminder of the potentially severe punishment that a party can suffer as a result of its violation of the ...
Debtors in non-U.S. bankruptcy or restructuring proceedings commonly seek to shield their U.S. assets from creditor collection efforts by seeking "recognition" of those proceedings in the United ...
Can Bankruptcy Halt an Eviction? While the straight answer to this question is 'yes,' it's important to understand that this only provides temporary relief. Filing for bankruptcy can temporarily stop ...
On Thursday in Lac du Flambeau Band of Lake Superior Chippewa Indians v. Coughlin, the Supreme Court held that Native American tribes are not immune from the automatic stay of the Bankruptcy Code. The ...