Could You Be a Debtor? SDNY Renders Decision in Chapter 15 Proceeding for SVB Cayman Branch

June 5, 2024

Cleary Gottlieb partners Luke Barefoot, Thomas Kessler, and associate Ethan Singer authored the article, “Could You Be a Debtor? SDNY Renders Decision in Chapter 15 Proceeding for SVB Cayman Branch,” which was published in the June issue of the American Bankruptcy Institute Journal.

The article discusses a recent SDNY decision that delves into how foreign debtors can qualify for Chapter 15 relief, and how to read Chapter 15 together with other Bankruptcy Code provisions.

Read the article here.