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Indonesian Insolvency Plan Not Enforced Under Chapter 15

By: Anastasia Marie Greer

St. John’s University School of Law

         

         In In re PT Bakrie Telecom TBK, the bankruptcy court for the Southern District of

York recognized an Indonesian insolvency proceeding under Chapter 15 of Title 11 of the United

States Code (the “Bankruptcy Code”), but denied a request to enforce the Indonesian

Structured Dismissals of Chapter 11 Cases May Be Possible

Victoria Giorgio

St. John’s University School of Law

American Bankruptcy Institute Law Review Staff

 

Cross-Border Bankruptcy Stay Honored Without Recognition

Sarah Franzetti

St. John’s University School of Law

American Bankruptcy Institute Law Review Staff

 

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