In re Fairfield Sentry Ltd., 2011 WL 1998376 (Bankr. S.D.N.Y. May 23, 2011)
Published in
Date:
Mon, 05/23/2011 (All day)
Foreign proceeding:
British Virgin Islands liquidation.
Summary:
Bankruptcy Court entered order holding
that the two-year tolling period of section 108 of
the Bankruptcy Code applies in chapter 15 cases or
alternatively, is otherwise appropriate as discretionary or
additional relief available in a chapter 15 case.
Key Issues:
11 U.S.C. § 108 – tolling of actions
- 11 U.S.C. § 1521 – scope of discretionary relief
- 11 U.S.C. § 1507 – scope of additional assistance
Circuit:
2