On October 28, 2015, the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) issued a decision that significantly expands the jurisdictional bases that foreign issuers can rely upon to obtain relief in the United States under Chapter 15 of the Bankruptcy Code.
USA, New York, Insolvency & Restructuring, Litigation, A&O Shearman, Debtor, Title 11 of the US Code, United States bankruptcy court