In re Lee

Foreign representatives were entitled to turnover of debtor's U.S. assets.
Procedural posture: 
Movants, the foreign representatives of foreign debtor's estate, sought an order pursuant to 11 U.S.C.S. §§ 1521(a)(5) and (b), directing the turnover of all assets of the debtors located in the United States (U.S.). The debtors objected to the turnover motion. The dispute concerns whether the foreign representatives were entitled to the turnover of the debtors' equity interests in several U.S. companies.
ABI Membership is required to access the full summary of In re Lee. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Consumer case opionion summary, case decided on June 04,2012, LexisNexis #0612-135