Contact: John Hartgen
703-894-5935
NEW DATABASE PROVIDES COMPREHENSIVE
INFORMATION ON CROSS-BORDER BANKRUPTCY PROCEEDINGS
June 30, 2011, Alexandria, Va. — The American
Bankruptcy Institute and INSOL International are pleased to announce the
launch of the chapter 15 database found at
href='http://globalinsolvency.com/chapter15'>http://globalinsolvency.com/chapter15.
The new website contains more than 60 recent chapter 15 cases with the
full text of judicial opinions and summaries of the main issues
presented, organized by U.S. judicial circuit. Also included are
daily news headlines about the latest developments in chapter 15 cases,
commentary and analysis about trends in the law, as well as the full
text of the chapter 15 statute and its complete legislative
history.
Chapter 15 was established by the Bankruptcy Abuse Prevention and
Consumer Protection Act of 2005 to allow a representative of a corporate
bankruptcy (insolvency) proceeding outside the U.S. to obtain access to
the United States courts. The statute allows cooperation between the
United States courts and the foreign courts, as well as other
authorities of foreign countries involved in cross-border insolvency
cases.
The site is a unique and valuable resource for cross-border
practitioners who need to quickly find chapter 15 material including the
Bankruptcy Court, District Court and Court of Appeals levels. Case
materials will be updated regularly by a team of restructuring
professionals at Paul, Weiss, Rifkind, Wharton & Garrison led by
Claudia Tobler. Visit the site today at
href='http://www.globalinsolvency.com/chapter15'>www.Globalinsolvency.com/chapter15.
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ABI is the largest multi-disciplinary, nonpartisan organization
dedicated to research and education on matters related to insolvency.
ABI was founded in 1982 to provide Congress and the public with unbiased
analysis of bankruptcy issues. The ABI membership includes more than
13,000 attorneys, accountants, bankers, judges, professors, lenders,
turnaround specialists and other bankruptcy professionals, providing a
forum for the exchange of ideas and information. For additional
information on ABI, visit
href='http://www.abiworld.org/'>http://www.abiworld.org. For
additional conference information, visit
href='http://www.abiworld.org/conferences.html'>http://www.abiworld.org/conferences.html.