Judge Michael Wiles of the U.S. Bankruptcy Court for the Southern District of New York issued a decision earlier this year that had the effect of recognizing under Chapter 15 of the U.S. Bankruptcy Code an English Scheme of...more
5/8/2025
/ Bankruptcy Code ,
Chapter 15 ,
Creditors ,
Cross-Border Transactions ,
Debt Restructuring ,
Financial Services Industry ,
Foreign Entities ,
Jurisdiction ,
Mexico ,
Scheme of Arrangement ,
UK
In a case decided on March 28, 2018, the Ninth Circuit Court of Appeals held that a maritime lien on a vessel for the "maintenance and cure" of an injured seaman was not subject to the "automatic stay" that generally arises...more