Bruce Nathan and Philip Gross will present, “International Best Practices Forum: Demystifying Chapter 15 of the Bankruptcy Code.” This program is designed to demystify Bankruptcy Code Chapter 15's complexities, discussing how Chapter 15 works, what Chapter 15 filings are being used to accomplish, and practical advice for trade creditors when a foreign debtor files a Chapter 15 case. Included in the seminar are issues that arose in and lessons learned from the recent Hanjin Shipping Chapter 15 case and other recent Chapter 15 cases involving issues of interest to trade creditors. There will also be a discussion of multinational debtors that file foreign insolvency proceedings abroad, how these proceedings interact with related Chapter 11 and 15 cases filed in the United States, and how trade creditors should be responding to these cases.
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