In his Bankruptcy Practice column, John J. Rapisardi, a partner at Cadwalader, Wickersham & Taft, discusses a groundbreaking decision in which the Fifth Circuit developed an impressive new analytical framework for interpreting and reconciling the various provisions of Chapter 15 and provided a valuable benchmark for determining the kinds of foreign plan provisions that may or may not be held enforceable in the United States.
Fifth Circuit Crafts New Test for Foreign Debtor Relief
New York Law Journal
January 3, 2013
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