Alec Ostrow Addresses American Bankruptcy Institute Conference on Chapter 11 and Chapter 15 Issues

Bankruptcy and creditors’ rights partner Alec P. Ostrow spoke at the American Bankruptcy Institute’s New York City Conference as a panel member on the Cross-Border Restructuring Panel.  He discussed issues concerning foreign companies that file for Chapter 11 reorganization in the U.S., the enforcement in the U.S. through Chapter 15 of foreign restructuring plans that contain features that would not be approved in Chapter 11 plans, and recent developments in Chapter 15 such as the need for foreign debtors’ to meet the eligibility requirements for U.S. debtors seeking bankruptcy relief.