Section 1528: Commencement of a Case Under This Title After Recognition of a Foreign Main Proceeding
Commencement of a Case Under This Title After Recognition of a Foreign Main Proceeding –Section 152811 USCS § 1528
After recognition of a foreign main proceeding, a case under another chapter of this title may be commenced only if the debtor has assets in the United States. The effects of such case shall be restricted to the assets of the debtor that are within the territorial jurisdiction of the United States and, to the extent necessary to implement cooperation and coordination under sections 1525, 1526, and 1527 [11 USCS §§ 1525, 1526, and 1527], to other assets of the debtor that are within the jurisdiction of the court under sections 541(a) of this title [11 USCS § 541(a)], and 1334(e) of title 28 [28 USCS § 1334(e)], to the extent that such other assets are not subject to the jurisdiction and control of a foreign proceeding that has been recognized under this chapter [11 USCS §§ 1501 et seq.].
Did you know that no other West Coast bankruptcy law firm provides you with the entire United States Bankruptcy Code on their website other than Sagaria Law? We are proud of this fact and invite you to take advantage of the opportunity we have provided here because knowledge is power and everyone deserves a second chance!
Our bankruptcy offices - from San Diego all the way up to the Oregon coast take pride in offering all bankruptcy services to our California and Oregon bankruptcy clients. Whether you are filing a chapter 7, chapter 11 or chapter 13 bankruptcy, or just need more information on bankruptcy topics, we invite you to review the bankruptcy code, as well as our entire website for many various resources including bankruptcy terms, court information, bankruptcy blogs, and more. Remember: Knowledge is power!