Warner on New Second Circuit Bankruptcy Requirement

Professor G. Ray Warner, the Associate Dean for Bankruptcy Studies, co-authored an article in The National Law Review on the Second Circuit’s new eligibility requirement for Chapter 15 bankruptcy cases–the debtor residency requirement.   Professor Warner and co-authors Mark D. Bloom and  Paul J. Keenan Jr. note

Although the Court’s addition of a United States property requirement presents a new hurdle to Chapter 15 relief in certain limited instances, the ease with which the section 109 property test can be satisfied means that the decision may have little practical effect overall.

You can view the full text of the article here.


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