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Revision as of 08:04, 4 September 2024

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Regarding third parties that were not subject to the Brazilian expansion order, the bankruptcy court in Petroforte held the trustee might be qualified to broad discovery to the extent the borrower is a bulk stockholder in the non-debtor discovery target.

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On demand of a financial institution with a case protected by the solitary possession property and after notice and a hearing, the court will provide relief from the automatic remain to the financial institution unless the borrower submits a viable strategy of reconstruction or starts making interest repayments to the financial institution within 90 days from the date of the filing of the case, or within thirty day of the court's resolution that the situation is a solitary asset real estate case.

A situation supplementary to a pending insolvency case in a foreign country is started by an international agent" under chapter 15. The foreign rep has the right of straight accessibility to USA courts for the objective of filing a petition for recognition of an international proceeding" 11 U.S.C. § § 1504 and 1509.