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ABI Journal

109

Bankruptcy Appeals

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

The leading commentators on chapter 15 and Bankruptcy Judge Philip Bentley reach the same result by different approaches to the requirements for chapter 15 recognition.

Four Circuits Align: Section 1322(c)(2) Permits Bifurcating a Short-Term Mortgage

When a home mortgage matures during the term of a chapter 13 plan, the debtor may bifurcate and cram down the secured claim, the Ninth Circuit holds.