Just Say No: Discovery In Chapter 15 Bankruptcies Is Asymmetrical

Chapter 15 specifically allows foreign representatives to conduct discovery in the U.S., but be wary of other entities that seek to distract and/or delay the Foreign Representative from the asset search.

12 minute read April 01, 2021 at 12:09 AM

Daniel Coyle

Just Say No: Discovery In Chapter 15 Bankruptcies Is Asymmetrical

Foreign Representatives in Chapter 15 petitions are specifically permitted to conduct discovery to locate the debtor's assets within the United States to increase estate and creditor recoveries in the overseas proceedings and to probe the debtor's affairs, rights, obligations or liabilities.

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