Chapter 15 of the Bankruptcy Code is a mechanism for debtors to have foreign insolvency proceedings recognized in the U.S. and to have the orders entered by a foreign court in those insolvency proceedings abroad given effect in the U.S.

This article will discuss the key issues of a Chapter 15 case and the differences from a Chapter 11 case. To access this article and read other insights from our Creditor’s Rights Toolkit, please click here.