The buzz on 5 bis: US court recognises foreign proceeding despite minimal court supervision

 
Insolvency and Restructuring International
November 2016

Jeffrey Gleit and Nathaniel Koslof co-wrote an article, "The buzz on 5 bis: US court recognises foreign proceeding despite minimal court supervision," which was published in Insolvency and Restructuring International. The article discusses a recent case where, for the first time, a US bankruptcy court ruled that a certain type of Spanish bankruptcy proceeding qualified for 'recognition' in US courts.

*The article was first published in Insolvency and Restructuring International, Vol 10 No 2, November 2016, and is reproduced by kind permission of the International Bar Association, London, UK. (c) International Bar Association.