Chapter 15 bankruptcy

GPTKB entity

Statements (29)
Predicate Object
gptkbp:instanceOf gptkb:bankruptcy
gptkb:law
gptkbp:administeredBy gptkb:United_States_Bankruptcy_Court
gptkbp:allows foreign representatives to access U.S. courts
gptkbp:appliesTo cross-border insolvency cases
gptkbp:basedOn gptkb:UNCITRAL_Model_Law_on_Cross-Border_Insolvency
gptkbp:codifiedIn gptkb:11_U.S.C._§§_1501–1532
gptkbp:dateEnacted 2005
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:goal facilitate rescue of financially troubled businesses
protect and maximize value of debtor's assets
protect interests of creditors and other interested parties
promote cooperation between U.S. and foreign courts
promote fair and efficient administration of cross-border insolvencies
https://www.w3.org/2000/01/rdf-schema#label Chapter 15 bankruptcy
gptkbp:partOf gptkb:United_States_Bankruptcy_Code
gptkbp:provides recognition of foreign insolvency proceedings
gptkbp:purpose provide effective mechanisms for dealing with cross-border insolvency
gptkbp:recognizedBy foreign main proceedings
foreign nonmain proceedings
gptkbp:relatedTo gptkb:Chapter_11_bankruptcy
gptkb:Chapter_13_bankruptcy
gptkb:Chapter_7_bankruptcy
gptkb:UNCITRAL_Model_Law_on_Cross-Border_Insolvency
gptkbp:requires petition by foreign representative
gptkbp:bfsParent gptkb:bankruptcy
gptkb:United_States_bankruptcy_courts
gptkb:United_States_Bankruptcy_Court
gptkbp:bfsLayer 5