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Get the free Chapter 15 Petition for Recognition of a Foreign Proceeding

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This document is a petition filed in the United States Bankruptcy Court seeking recognition of a foreign proceeding related to Glasshouse Pharmaceuticals LLC, detailing debtor information, foreign
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How to fill out chapter 15 petition for

01
Gather necessary documentation including proof of foreign bankruptcy proceedings.
02
Complete the Chapter 15 petition form, including all required information about the foreign debtor.
03
Identify and provide details about the foreign representative handling the case.
04
Include a list of all creditors and their contact information.
05
Prepare a verification statement affirming the accuracy of the information provided.
06
File the petition with the relevant U.S. bankruptcy court along with any required fees.
07
Serve copies of the petition to all interested parties, including creditors.
08
Attend the confirmation hearing, if required, to prove the validity of the petition.

Who needs chapter 15 petition for?

01
Any foreign debtor seeking recognition of their bankruptcy proceedings in the U.S.
02
Foreign companies or individuals with assets in the United States.
03
Creditors of a foreign debtor wishing to participate in U.S. proceedings.
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A Chapter 15 petition is filed for the recognition of a foreign bankruptcy proceeding in the United States, allowing foreign representatives to seek relief for a debtor with assets in multiple countries.
A Chapter 15 petition must be filed by a foreign representative, who is a person or entity authorized to act on behalf of a foreign debtor in a foreign insolvency proceeding.
To fill out a Chapter 15 petition, the foreign representative must complete the official form provided by the U.S. Bankruptcy Court, including the necessary information about the foreign proceeding, details about the debtor, and a statement of the foreign representative's authority.
The purpose of a Chapter 15 petition is to provide a mechanism for cooperation between U.S. courts and foreign courts, facilitate the administration of cross-border insolvency cases, and protect the interests of debtors and creditors across jurisdictions.
The Chapter 15 petition must report information including the type of foreign proceeding, the foreign debtor's identity, the nature of the debtor's business, the jurisdiction in which the foreign proceeding is pending, and the name of the foreign representative.
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