Cross-Border Insolvency: When Foreign Companies File Under Chapter 1...

Cross-Border Insolvency: When Foreign Companies File Under Chapter 11 or 15
Corporate Counsel (registration)
Though Chapter 15 and Chapter 11 are both important tools, they serve different purposes. Chapter 11 is a primary proceeding used to help a company reorganize its debt while avoiding a shutdown of the business. Chapter 15 is a secondary proceeding that ...