Daniel A. Lowenthal, as Co-Chair of the New York City Bar’s Bankruptcy & Corporate Reorganization Cross-Border Subcommittee, Organizes Upcoming Webinar, “Chapter 15 at 15”
On Wednesday, May 12, the New York City Bar Association will present the webinar “Chapter 15 at 15,” which was organized by Daniel A. Lowenthal, Co-Chair of the Cross-Border Subcommittee of the City Bar’s Bankruptcy & Corporate Reorganization Committee.
Chapter 15 of the federal Bankruptcy Code governs U.S. recognition of foreign insolvency proceedings and has become increasingly important in these times of international economic distress. The panel will discuss the evolution of Chapter 15 since its enactment 15 years ago. The panel will use the key cases of the past 15 years to explore issues regarding eligibility to commence a Chapter 15 case, recognition of foreign proceedings, relief that may be granted to a foreign representative before and after recognition, and coordination with courts in foreign jurisdictions.