Chapter 15 court puts comity ahead of contract clauses
iStock/Sportstock
The Delaware Bankruptcy Court has ruled that a former supplier to the insolvent Italian fossil fuel company Energy Coal can pursue claims against the bankrupt company in Florida under the terms of its cancelled contracts – but it must seek recovery of any judgments in the Italian courts.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now