The 11th Annual New York City Bankruptcy Conference will take place on Monday, May 4, at the landmark New York Marriott Marquis. This day-long education forum is designed to appeal to both new and experienced professionals and features a faculty of bankruptcy judges as well as practitioners from the top national insolvency firms. The stand-alone primer course, "Bankruptcy Fundamentals: Nuts & bolts for Young and New Practioners," will be held the preceding Friday. One of the sessions will be of particular interest to the committee.
The "International" session will focus on the basics of chapter 15 as well as a cross-border update, including UNCITRAL cross-border protocols. Alan W. Kornberg of Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York will moderate the session. Panelists will include Hon. Allan L. Gropper of the U.S. Bankruptcy Court (S.D.N.Y.) in New York, Jeffrey S. Sabin of Bingham McCutchen LLP in New York, Joseph Samet of Baker & McKenzie LLP in New York and Brian Trust of Mayer Brown LLP in New York. Please click the link below to view the relevant materials.
Basics of Chapter 15 - Ancillary and Cross-Border Bankruptcy
The ABI Guide to Cross-border Insolvency in the United States is a must-read for any practitioner involved in international insolvency issues. The authors address the history of the UNCITRAL Model Law on Cross-border Insolvency, which the United Nations Commission on International Trade Law adopted in 1997 after five years of meetings and discussion. Thirteen states have now adopted this law, which includes the United States' adoption of chapter 15 as part of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. The authors discuss chapter 15 and its provisions in detail, providing helpful insight to the practitioner. In addition, the authors discuss the U.S.'s international insolvency law before its adoption of chapter 15, and there is an extensive discussion of repealed section 304 of the Bankruptcy Code, how it worked in practice and how chapter 15 is fundamentally different. The book also includes a comprehensive chart describing the treatment of cross-border insolvencies by each of almost 40 countries. For those involved in the evolving new world of chapter 15 law, this publication provides the necessary overview to understanding the law in practice. Softbound, 92 pages. Order your copy ($25 each) at the ABI Bookstore by clicking here. Be sure to log into the web site first to obtain the member price!
