International Aspects
The Conference’s work on bankruptcy across borders — Chapter 15, the recognition of foreign insolvency proceedings, and how U.S. courts treat foreign schemes and releases — and the targeted fixes that keep Chapter 15 working as its drafters intended.
Where the Conference shapes the law of cross-border insolvency.
The International Aspects Committee examines how U.S. bankruptcy law meets the rest of the world — how Chapter 15 recognizes and assists foreign proceedings, what the center-of-main-interests test should require, and whether U.S. courts should enforce foreign schemes and the third-party releases they contain. Its reports propose targeted amendments to Chapter 15 and track the UNCITRAL Model Laws on which it is based.
Chapter 15
The Conference’s proposed amendments to keep Chapter 15 consistent with the Model Law.
Recognition & COMI
When a foreign proceeding counts as a ‘main’ proceeding, and whether the COMI test should stay.
Foreign schemes
Whether U.S. courts should enforce foreign schemes and the third-party releases they contain.
The full committee
Reports & positions on cross-border insolvency.
Third-Party Releases in Chapter 15
How U.S. courts should treat non-debtor releases from recognized foreign proceedings after Purdue — and where the Fifth Circuit’s Vitro framework goes wrong.
Read Conferees onlyChapter 15 Revisions and Foreign Schemes
Progress on the Conference’s long-running Chapter 15 amendments in Congress, and how U.S. courts have enforced foreign schemes with third-party releases.
Read Conferees onlyThe COMI Debate
Whether Chapter 15 should drop the center-of-main-interests test for recognizing a foreign main proceeding — the academic proposal and the case for keeping it.
ReadWeighing a cross-border provision?
Get the Conference’s non-partisan read — and a direct line for technical assistance on Chapter 15 and cross-border insolvency.