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Should Property in the U.S. Be a Requisite for Chapter 15 Recognition?

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Thomas Salerno

Bill--fascinating analysis as always. Aside from the retainer as "property in the US", how about the existence of avoidance actions in the US as property? In a Ch. 15 case I did years ago, an Australian insolvency administrator desired to use a Chapter 15 to recover some fraudulent transfers of valuable Arizona real estate by an Aussie who went under the equivalent of an SEC receivership in Perth. A fraudulent transfer claim is certainly "property", and the most obvious venue was the state where the property was located and could be recovered.
Thu, 2025-07-17 12:02 Permalink