A Foreign Branch of an FDIC-Insured U.S. Bank Is Ineligible for Chapter 15
A foreign branch of a U.S. bank isn’t a foreign bank eligible for chapter 15.
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Lack of Financial Distress Doesn’t Divest a Court of Subject Matter Jurisdiction
Two North Carolina Courts have held within two months that the Bankruptcy Clause doesn’t demand ‘financial distress’ to establish subject matter jurisdiction.
Bankruptcy Code
Bankruptcy Code
Bankruptcy Code