In re Oversight and Control Com'n of Avanzit, S.A., 385 B.R. 525 (Bankr. S.D.N.Y. 2008)
Date:
Fri, 04/18/2008 (All day)
Foreign proceeding:
Spanish insolvency proceeding.
Summary:
Bankruptcy Court granted recognition of Spanish suspension of payment proceeding as foreign main proceeding.
Key Issues:
- 11 U.S.C. §101(23) – definition of “foreign proceeding”
- 11 U.S.C. §§ 1502, 1517(b) – what constitutes a foreign main or nonmain proceeding
- 11 U.S.C. § 1517(a) – recognition requirements
Circuit:
2