In re Loy

Petition for recognition of foreign main proceeding granted.
Procedural posture: 
A foreign debtor was adjudged a bankrupt in a foreign insolvency proceeding, and the representative appointed in the foreign proceeding petitioned for recognition of the foreign proceeding under bankruptcy chapter 15. The representative also requested that the debtor be barred from challenging a lis pendens filed by the representative with regard to real property owned by the debtor in the United States.
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Consumer case opionion summary, case decided on December 18,2007, LexisNexis #0208-060