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Holland & Knight LLP

Chapter 15 Ruling by New York Bankruptcy Court Recognizes Debtor's "Synthetic" Restructuring

Holland & Knight LLP on

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

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

Pillsbury Winthrop Shaw Pittman LLP

U.S. Bankruptcy Court Confirms Nonconsensual Third-Party Releases May Be Recognized Under Chapter 15 of the Bankruptcy Code

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A recent Bankruptcy Court decision granted recognition to a Mexican concurso mercantile and gave full force and effect to a Mexican concurso plan that contained nonconsensual third-party releases....more

Foley & Lardner LLP

Recognition and Enforcement in Mexico of Foreign Reorganization Proceedings (Chapter 11)

Foley & Lardner LLP on

COVID-19 has had a dramatic impact on the world economy with the virus affecting jobs and companies around the world in many ways, with imminent cash-flow shortfalls soon to occur throughout many sectors of the global...more

Shumaker, Loop & Kendrick, LLP

Throwback Thursday From Shumaker Manufacturing: Insolvency Laws In Canada, Mexico And The U.S.

Shumaker, Loop & Kendrick, LLP on

I had an occasion recently to compare the preference laws of the US and Canada in a cross-border matter, and wanted to share the attached compendium comparing the insolvency laws of the U.S., Canada and Mexico, Insolvency...more

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