- 11 U.S.C.
Morning Mist Holdings Ltd. v. Krys (In re Fairfield Sentry Ltd.)
Apr
16
2013
Ruling
Bankruptcy court properly recognized foreign main proceeding as debtor's center of main interest was in British Virgin Islands.
Procedural posture
Appellants, including a shareholder of debtor, challenged a judgment of the U.S. District Court for the Southern District of New York affirming the order of the Bankruptcy Court, which determined that debtor had its "center of main interests" in the British Virgin Islands (BVI), and therefore recognized debtor's liquidation in the BVI as a "foreign main proceeding" under 11 U.S.C.S. § 1517. Appellees were debtor's liquidator.
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Court
:
Judge or Jurisdiction information not available