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§ 1520(a)(1)

In re Nortel Networks UK Ltd

Sep
15
2015
Ruling
Automatic stay barred domestic debtors from impleading foreign debtors in proceeding concerning prepetition debt.
Issue(s)
Should debtors be granted leave to file a third-party complaint against the EMEA chapter 15 debtors?

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Commercial opinion summary, case decided on September 15, 2015 , LexisNexis #1015-029
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In re JSC BTA Bank

Aug
23
2010
Ruling
Ongoing Swiss arbitration did not violate the stay ordered when an action the debtor filed in Kazakhstan was recognized as a foreign main proceeding.
Procedural posture

The bankruptcy court issued an order in March 2010 which recognized an action that debtor, a foreign bank, filed in the Specialized Financial Court of Almaty City, Republic of Kazakhstan, as a foreign main proceeding under chapter 15 of the U.S. Bankruptcy Code. In July 2010, the debtor's representative asked the court to issue an order holding the Swiss branch of a French bank in contempt for violating the court's order and staying arbitration.

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Commercial opinion summary, case decided on August 23, 2010 , LexisNexis #0910-062
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