Skip to main content

§ 1517(a)(1)

Sunac China Holdings Ltd., In re

Ruling
Debtor's motion for recognition of Hong Kong proceeding as a foreign main proceeding wasgranted as Hong Kong was and had always been the primary locus of debtor's businessactivities and decision-making. (Bankr. S.D.N.Y.)
Issue(s)
Order Granting Recognition; Requirements; Foreign Main or Nonmain Proceeding.

ABI Membership is required to access the full summary of Sunac China Holdings Ltd., In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on January 30, 2024 , LexisNexis #0324-071

Lavie v. Ran

Ruling
Bankruptcy court properly denied reorganization of foreign proceeding absent evidence that debtor maintained a foreign office.
Procedural posture

Appellant, the temporary receiver of appellee involuntary debtor in an Israeli bankruptcy proceeding, challenged a decision of the Bankruptcy Court for the Southern District of Texas, which denied recognition of the Israeli bankruptcy proceeding as either a foreign main or foreign nonmain proceeding under 11 U.S.C.S. § 1517(a)(1).

ABI Membership is required to access the full summary of Lavie v. Ran Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Consumer opinion summary, case decided on March 30, 2009 , LexisNexis #0509-022