International

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

Indenture Governed by New York Law Satisfies Property Requirement for Chapter 15 Case

By: Edward Cho-O’Leary

St. John’s University School of Law

American Bankruptcy Institute Law Review Staff Member       

Granting Comity to a Foreign Court Sequestration Order

By: Kristen Barone

St. John’s Law Student

American Bankruptcy Institute Law Review Staff

 

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