Canadas Northern Lights Could Dispel Shadow of Bear Stearns over Chapter 15 Practice

In re Bear Stearns High Grade Structured Credit Strategies Master Fund, Ltd., 374 B.R. 122, 126 (Bankr. S.D.N.Y. 2007), aff’d, 389 B.R. 325 (S.D.N.Y. 2008);In re Betcorp, 400 B.R. 266 (Bankr. D. Nev. 2009);In re Ran, 390 B.R. 257 (Bankr. S.D. Tex. 2008), aff’d, 2009 U.S. Dist. LEXIS 26269 (S.D. Tex. 2009), aff'd 607 F.3d 1017 (5th Cir. 2010);In re Fairfield Sentry Ltd., 440 B.R. 60, 64 (Bankr. S.D.N.Y. 2010);In re Millennium Global Emerging Credit Master Fund Ltd, et al., No. 11-13171, Slip Op. at 25 & n.38 (Bankr. S.D.N.Y Aug. 26, 2011); In re SPhinX, Ltd., 351 B.R. 103, 120-22 (Bankr. S.D.N.Y. 2006), aff’d, 371 B.R. 10 (S.D.N.Y. 2007);In re Schefenacker, Plc, No. 07-11482, 6-14-07 Recog. Hrg. Tr. at 32;