(a)Subject to the specific limitations stated elsewhere in this chapter the court, if recognition is granted, may provide additional assistance to a foreign representative under this title or under other laws of the United States.
(b)In determining whether to provide additional assistance under this title or under other laws of the United States, the court shall consider whether such additional assistance, consistent with the principles of comity, will reasonably assure—
(1)just treatment of all holders of claims against or interests in the debtor’s property;
(2)protection of claim holders in the United States against prejudice and inconvenience in the processing of claims in such foreign proceeding;
(3)prevention of preferential or fraudulent dispositions of property of the debtor;
(4)distribution of proceeds of the debtor’s property substantially in accordance with the order prescribed by this title; and
(5)if appropriate, the provision of an opportunity for a fresh start for the individual that such foreign proceeding concerns.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
Description of Change
Statutes at Large
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