Understanding the issues and dynamics material to cross-border proceedings is critical to the effective management of a troubled situation and the execution of a successful restructuring strategy.This includes the effective use of a proceeding commenced under chapter 15 ("Chapter 15") of title 11 of the United States Code (the "Bankruptcy Code").Born in Baltimore, Maryland, he grew up in a middle-class neighborhood.He won a football scholarship to Virginia State College, graduating with a degree in political science in 1965. In 1992, Forbes listed Lewis among the 400 richest Americans, with a net worth estimated at 0 million.Madden, Managing Director, Angelo Gordon (Asia), Hong Kong John M. Biery, Fulbright & Jaworski LLP, Huston Professor Kenneth N.
A member of AIRA's Board of Directors, he is also a Fellow of the American College of Bankruptcy and the American College of Mortgage Attorneys; a Rule 31 Mediator in Tennessee; and holder of national certification as a Business Bankruptcy Specialist by both the American Board of Certification and the Tennessee Commission on CLE and Specialization. Ahern is also an Adjunct Professor of Law at Vanderbilt and St. In 20, Justin was recognized by Super Lawyers magazine as a Delaware Rising Star in the practice area of bankruptcy & creditor/debtor rights.Goldstein, Weil, Gotshal & Manges LLP, New York Siv Sandvik, Advokatfirma DLA Nordic DA, Oslo Dr. 01‐13213, (July 10, 2001) including approval and adoption of the American Law . between Ontario Superior Court of Justice, Toronto (Mr. Annerose Tashiro, Schultze & Braun, Achern George Kelakos, Kelakos Advisors, Greenwich David V. 01‐CL‐4155, (July 10, 2001) and United States Bankruptcy Court for the Southern District of New York (Hon. Cross‐Border Insolvency Protocol in Re Matlack Inc.between Ontario Superior Court of Justice, Toronto (Mr. It has been employed as a vehicle to assist a trustee in bankruptcy in the administration of an estate in bankruptcy in Canada (the Canadian equivalent of a chapter 7 bankruptcy, which is administered under the ), an interim receiver or receiver appointed by a court in Canada to administer property and assets of Canadian and/or U. debtors in a liquidation or securities act proceeding, by the court-appointed monitor (the "Monitor") appointed as a foreign representative in a proceeding commenced under the (the "CCAA") in connection with cross-border relief sought and even by the court-appointed foreign representative of a debtor seeking to implement a corporate plan of arrangement in a non-insolvency context. court for recognition of a foreign proceeding in which the foreign representative has been appointed by filing a petition for recognition. The District Court held that this exception should be narrowly interpreted and was not an impediment to its recognition of the Canadian claims resolution process, even though such process denied claimants the right to a jury trial.Meeting the requirements for recognition under Chapter 15 – Lessons Learned Persons petitioning for recognition under Chapter 15 must ensure that its technical requirements for recognition are met; a factor to be considered when orders are being made in the foreign proceeding in order to avoid mishaps. The petition is to be accompanied by evidence of the existence of the foreign proceeding and appointment of the foreign representative, which evidence may be a certified copy of the decision commencing the foreign proceeding and appointing the foreign representative. In 2007, Muscle Tech's plan was approved by creditors and sanctioned (confirmed) by the Canadian Court. and Canadian corporate debtors initially filed under the CCAA in Canada and under Chapter 11 in the U. In addition, certain affiliated partnerships filed under Chapter 11 (not being legally able to do so under the CCAA).