Publication
ASIC Consultation Paper 378
ASIC has released Consultation Paper 378 'Safeguard mechanism reforms
Many foreign businesses have a significant presence in the United States. Consequently, it is common for foreign debtors, trustees, liquidators and administrators, acting as “foreign representatives,” to seek relief under Chapter 15 in the United States. This article focuses on some of the significant Chapter 15 decisions issued by the US courts in 2021.
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