Thought Leadership
October 2018 – National Bankruptcy Conference Proposes Chapter 15 revisions
CBI Principals Leif Clark and Dan Glosband are Conferees of the National Bankruptcy Conference (“NBC”), a voluntary, nonpartisan, not-for-profit organization composed of about 60 of the nation’s leading bankruptcy judges, professors and practitioners. NBC has provided advice to Congress on bankruptcy legislation for nearly 80 years. Dan is the current Chair of the NBC’s International Aspects Committee.
In November of 2017, Leif and Dan met with Senior Counsel to the Judiciary Committee of the U.S. House of Representatives to advance consideration of revisions to Chapter 15 that the NBC previously submitted to Congress. After involving Counsel to the Senate Judiciary Committee, the NBC prepared an updated letter to Congress identifying and explaining numerous amendments to chapter 15 dealing with procedural and substantive matters, including matters pertaining to eligibility, recognition of foreign proceedings, abstention, COMI, avoidable transfers and recovery of assets.
************************************
To receive our Newsletters, please send us an email with your name, firm and location to info@CBInsolvency.com
______________________________________________________________________
In a cross-border insolvency matter, if an expert opinion is required, if skilled mediation or arbitration can help resolve disputes, or if cross-border insolvency is simply unfamiliar territory, CBI can help.
We will be pleased to discuss your cross-border insolvency issues and agree on a case-specific arrangement to assist you. Please reach out to any of us for a quick and easy assessment of how we can help you. We welcome your thoughts, comments and questions.