What is a Chapter 15 foreign main proceeding?

The basic requirements for recognition under chapter 15 are outlined in section 1517(a), namely: (i) the proceeding must be "a foreign main proceeding or foreign nonmain proceeding" within the meaning of section 1502; (ii) the "foreign representative" applying for recognition must be a "person or body"; and (iii) the ...

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Order Confirming Plan - Form 15 - Pre and Post 2005 Act

Delaware Order Confirming Plan - Form 15 - Pre and Post 2005 Act

Name: Delaware Order Confirming Plan - Form 15 - Pre and Post 2005 Act
Brand: US Legal Forms
Rating: 4.68 (269 reviews)

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Bankruptcy - Plans

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US-BKR-F15

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This form is an order confirming a plan. The requirements for confirmation have been met and the form must be signed by the presiding judge. This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases.

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How to fill out Delaware Order Confirming Plan - Form 15 - Pre And Post 2005 Act?

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Chapter 15 provides debtors, creditors, and other parties in interest involved in insolvency cases in foreign countries a mechanism by which they can assert their rights. Generally, a chapter 15 case is supplementary to a primary case or proceeding commenced in a debtor's home country.

Chapter 15 gives the foreign representative the right of direct access to U.S. courts for this purpose. 11 U.S.C. § 1509. The petition must be accompanied by documents showing the existence of the foreign proceeding and the appointment and authority of the foreign representative.

The basic requirements for recognition under chapter 15 are outlined in section 1517(a), namely: (i) the proceeding must be "a foreign main proceeding or foreign nonmain proceeding" within the meaning of section 1502; (ii) the "foreign representative" applying for recognition must be a "person or body"; and (iii) the ...

Chapter 15 is a section in the U.S. Bankruptcy Code that was added in 2005 to provide for cooperation between U.S. courts and foreign courts when foreign bankruptcy proceedings touch upon U.S. financial interests.

As many ?common law? jurisdictions look to the governing law of the debt to determine whether there is effective compromise (the so-called Rule in Gibbs), a Chapter 15 recognition proceeding is a legal step for the U.S. court to formally recognize the effectiveness of the restructuring in the relevant jurisdictions.

The discharge received by an individual debtor in a Chapter 11 case discharges the debtor from all pre-confirmation debts except those that would not be dischargeable in a Chapter 7 case filed by the same debtor.

Chapter 15 Homosexual conduct is grounds for separation from the Army under the criteria set forth in paragraph 15-3. This includes preservice, prior service, or current service homosexual conduct.

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Delaware Order Confirming Plan - Form 15 - Pre and Post 2005 Act

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How to fill out Delaware Order Confirming Plan - Form 15 - Pre And Post 2005 Act?

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What happens to debt in Chapter 15?

What is the Chapter 15 process?

What is a Chapter 15 foreign main proceeding?

What is the purpose of Chapter 15?

What is Chapter 15 recognition?

Does Chapter 11 wipe out all debt?

What is a Chapter 15 discharge?

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What is Order Confirming Plan - Form 15?

How does Order Confirming Plan - Form 15 relate to the 2005 Act?

What are the main differences between Pre and Post 2005 Act Order Confirming Plan - Form 15?

When should I use Order Confirming Plan - Form 15?

Who needs to sign Order Confirming Plan - Form 15?

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Is Order Confirming Plan - Form 15 legally binding?

Can I modify the terms of an order confirmed through Order Confirming Plan - Form 15?

What happens if a party breaches the terms confirmed in Order Confirming Plan - Form 15?

Can I use Order Confirming Plan - Form 15 for personal matters?

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