- 11 U.S.C.
In re Tradex Swiss AG
Mar
12
2008
Ruling
Recognition granted to foreign non-main proceeding and chapter 7 case permitted to proceed given debtor's center of main interest in U.S.
Procedural posture
Self-styled "foreign representatives" challenged the commencement of an involuntary chapter 7 case against a debtor, a foreign corporation, and sought, in the alternative, consolidation of the involuntary case with the debtor's chapter 15 case. The petitioning creditors in the involuntary case sought to deny recognition of a foreign proceeding.
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Court
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