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Code · U.S. Code · Title 11 - BANKRUPTCY · CHAPTER 15— ANCILLARY AND OTHER CROSS-BORDER CASES · SUBCHAPTER III— RECOGNITION OF A FOREIGN PROCEEDING AND RELIEF · § 1523

§ 1523. Actions to avoid acts detrimental to creditors

147 words·~1 min read·/usc/title-11/section-1523

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Upon recognition of a foreign proceeding, the foreign representative has standing in a case concerning the debtor pending under another chapter of this title to initiate actions under sections 522, 544, 545, 547, 548, 550, 553, and 724(a).
(b)When a foreign proceeding is a foreign nonmain proceeding, the court must be satisfied that an action under subsection
(a)relates to assets that, under United States law, should be administered in the foreign nonmain proceeding.
(Added Pub. L. 109–8, title VIII, § 801(a), Apr. 20, 2005, 119 Stat. 142.)
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  • Pub. L. 109–8, title VIII, § 801(a)
  • 119 Stat. 142
  • section 1501 of Pub. L. 109–8
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§ 1523
Actions to avoid acts detrimental to creditors
Pub. L.Pub. L. 109–8, title VIII, § 801(a)
Stat.119 Stat. 142
Pub. L.section 1501 of Pub. L. 109–8
Cites 4Cited by 0 across 0 sources
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