COMI Maybe

COMI (center of main interests) becomes a challenge when a debtor ' whether company or individual ' is effectively multi-national, an increasingly common circumstance.

26 minute read June 21, 2013 at 09:57 AM
By
Kevin P. Ray
COMI Maybe

In the years since Chapter 15 was added to the Bankruptcy Code, courts have struggled to define and apply “center of main interests” (COMI), a key concept in the recognition of foreign proceedings.

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