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New Outer Limits for the Extraterritorial Reach of the U.S. Bankruptcy Code  


Author:  Lynn P. Harrison III.; Peter J. Buenger.


Source: Volume 35, Number 05, May 2019 , pp.67-69(3)




Review of Banking & Financial Services

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Abstract: 

In this article, the authors discuss a recent Second Circuit decision which, they suggest, could be used to substantially expand the extraterritorial reach of U.S. courts in bankruptcy cases and limit the deference U.S. courts will show to foreign jurisdictions in such cases.

Keywords: In re Picard; Bankruptcy Code section 550(a)(2)

Affiliations:  1: Curtis, Mallet-Prevost, Colt & Mosle LLP; 2: Curtis.

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