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Creditors Chapter 15 Canada

DLA Piper

SDNY Bankruptcy Court Grants Provisional Chapter 15 Relief to US Entities, Finding COMI in Canada

DLA Piper on

The US Bankruptcy Court for the Southern District of New York recently issued a ruling in In re Giftcraft Ltd., Case No. 25-11030, granting provisional relief to Giftcraft Ltd. (Giftcraft Canada) – a company organized under...more

Bennett Jones LLP

Trend Watch: Third Party Releases in US Chapter 15 Proceedings

Bennett Jones LLP on

On March 11, 2025, the US Bankruptcy Court for the District of Delaware issued an order under Chapter 15 of the US Bankruptcy Code recognizing and enforcing a restructuring plan under Mexican law that included nonconsensual...more

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