§ 1516

In re Kemsley

Chapter 15 debtor brought a contested petition for the recognition of his bankruptcy case pending in London as a foreign main or nonmain proceeding for an individual debtor.
Ruling: 
Recognition of foreign proceeding denied where debtor was domiciled in the U.S.
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Consumer case opionion summary, case decided on March 22,2013, LexisNexis #0413-138

Lavie v. Ran

Appellant bankruptcy trustee of an Israeli bankruptcy sought judicial review of the bankruptcy court's determination that a debtor's Israeli bankruptcy proceeding was neither a foreign main nor a foreign nonmain proceeding, thereby denying chapter 15 of the Bankruptcy Code recognition of the proceeding.
Ruling: 
Bankruptcy court erred in failing to review facts rebutting presumption of debtor's center of main interest in denying chapter 15 recognition.
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Consumer case opionion summary, case decided on February 06,2008, LexisNexis #0308022

In re Basis Yield Alpha Fund (Master)

Petitioner liquidators of a foreign debtor, an exempted limited liability financial company incorporated under the laws of the Cayman Islands, sought U.S. recognition of the debtor's Cayman Islands insolvency proceeding. No objection to recognition was made by any party, and the liquidators moved for summary judgment of recognition of the foreign proceeding as a foreign main proceeding.
Ruling: 
Cayman Islands insolvency proceeding of exempted company was not required to be recognized as a foreign main proceeding in absence of evidence of nature of business.
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Commercial case opionion summary, case decided on January 16,2008, LexisNexis #0208-061
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