HHR Bankruptcy Report

Category Archives: Chapter 15

Subscribe to Chapter 15 RSS Feed

Second Circuit Stands By Expansion of Section 363 Review in Chapter 15 Proceedings

Posted in Chapter 15, Second Circuit, Section 363
On Wednesday, January 14th, 2015, the Second Circuit declined to grant an en banc review of its holding requiring a full Section 363 review of a claims sale in a Chapter 15 proceeding in the case of In Re: Fairfield Sentry Ltd.  This decision left intact the Second Circuit’s earlier holding that dramatically expanded the… Continue Reading

Glass Half Full for U.S. Creditors in Jaffe v. Samsung Electronics Co.: Fourth Circuit Rules In Favor of U.S. Creditors in Chapter 15 Jurisdictional Dispute

Posted in Chapter 15, Fourth Circuit
On December 3, 2013, the Court of Appeals for the Fourth Circuit upheld, in  Jaffe v. Samsung Electronics Co., the power, and the duty, of a United States Bankruptcy Court to condition the grant of Bankruptcy Code section 1521(a)(5) relief to a foreign insolvency administrator on conditions sufficient to protect the interests of all interested… Continue Reading