Section 1528: Commencement of a Case Under This Title After Recognition of a Foreign Main Proceeding

Title 11 of the United States Code - Bankruptcy ANCILLARY AND OTHER CROSS-BORDER CASES – CHAPTER 15

Commencement of a Case Under This Title After Recognition of a Foreign Main Proceeding –Section 1528

11 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.].

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