New Cases For the Week of April 21, 2008 - April 25, 2008
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April 22, 2008 |
Case |
Court |
Holding |
In re: Oversight and Control Commission of Avanzit, S.A.
(DBN Subscription Required) |
Bankr. SD NY |
Because Spanish law provides that a Court-approved suspension plan remains pending, and subject to Court jurisdiction until completion, the foreign representative in such a proceeding is entitled to Chapter 15 relief in the United States, even after the Spanish court has approved the suspension plan. |
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