foreign proceeding definition

foreign proceeding means a collective judicial or administrative proceeding in a foreign State, including an interim proceeding, pursuant to a law relating to insolvency in which proceeding the assets and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of reorganization or liquidation;
foreign proceeding means proceeding, whether judicial or administrative and whether or not under bankruptcy law, in a foreign country in which the debt- or’s domicile, residence, principal place of business, or principal assets were located at the commencement of such proceeding, for the purpose of liquidating an es- tate, adjusting debts by composition, extension, or dis- charge, or effecting a reorganization;
foreign proceeding means a collec- tive judicial or administrative proceeding in a foreign country, including an interim pro- ceeding, under a law relating to insolvency or adjustment of debt in which proceeding the assets and affairs of the debtor are sub- ject to control or supervision by a foreign court, for the purpose of reorganization or liquidation;

Examples of foreign proceeding in a sentence

  • It should be noted that such Searches are subject to disclaimers on the relevant websites, and do not reveal whether any such court ruling has been rendered, any such Fileable Foreign Proceeding commenced or decision taken which has not yet been registered or filed or does not yet appear on the relevant websites, or whether steps have been taken to declare the Company subject to any of the above proceedings or to decide a liquidation volontaire (voluntary liquidation).

  • It should be noted that such Searches are subject to disclaimers on the relevant websites, and do not reveal whether any such court ruling has been rendered, any such Foreign Proceeding commenced or decision taken which has not yet been registered or filed or does not yet appear on the relevant websites, or whether steps have been taken to declare the Company subject to any of the above proceedings or to decide a liquidation volontaire (voluntary liquidation).

  • Steiner Chapter 15 Hearing Date: Hearing Time: Hearing Location: Seattle – Room 8206 Response Date: UNITED STATES BANKRUPTCY COURT WESTERN DISTRICT OF WASHINGTON AT SEATTLE In re Case No. 09-13569 (SJS) BIG NEVADA, INC., et al., (Jointly Administered) Debtors in a Foreign Proceeding.

  • If taken, such actions could threaten frustrate delay, and ultimately jeopardize the Foreign Proceeding and implementation of the Reorganization Agreement, and, as a result, the Foreign Debtor, its creditors and such other parties in interest would suffer irreparable harm for which there is no adequate remedy at law.

  • In the Foreign Proceeding, the Foreign Debtor sought and obtained approval of the Reorganization Agreement from the requisite percentage of its creditors participating pursuant to Chilean bankruptcy law.


More Definitions of foreign proceeding

foreign proceeding means proceeding, whether
foreign proceeding means a judicial or administrative proceeding commenced outside Canada in respect of a debtor under a law relating to bankruptcy or insolvency and dealing with the collective interests of creditors generally;
foreign proceeding means an insolvency, administration, liquidation, rehabilitation, receivership or like proceeding commenced by or initiated against a Non-Controlled Affiliate in a jurisdiction outside of the United States.
foreign proceeding. ’ means proceeding, whether judicial or administrative and wheth- er or not under bankruptcy law, in a foreign country in which the debtor’s domicile, resi- dence, principal place of business, or principal assets were located at the commencement of such proceeding, for the purpose of liquidating an estate, adjusting debts by composition, ex- tension, or discharge, or effecting a reorga- nization;
foreign proceeding means a collective judicial or administrative proceeding in a foreign State, including an interim proceeding, under a law relating to insolvency or adjustment of debt in which proceeding the property and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of reorganisation or liquidation;
foreign proceeding means a collective judicial or administrative proceeding in a foreign State, including an interim proceeding, under a law relating to insolvency or adjustment of debt in which
foreign proceeding means a collec- tive judicial or administrative proceeding in a foreign country, including an interim pro- ceeding, pursuant to a law relating to insol- vency in which proceeding the assets and af- fairs of the debtor are subject to control or supervision by a foreign court, for the pur- pose of reorganization or liquidation;