11 U.S.C. § 1507
Additional assistance
Section effective 180 days after
Notes of Decisions
Cited in 52
cases (9 in the last 5 years), 2005–2026 · leading case: In re Rede Energia S.A., 515 B.R. 69 (Bankr. S.D.N.Y. 2014).
In re Rede Energia S.A., 515 B.R. 69 (Bankr. S.D.N.Y. 2014). “” 11 U.S.C. § 1507 (a); see also H.R.Rep. No.”
In Re Oi S.A., 587 B.R. 253 (Bankr. S.D.N.Y. 2018). “" 11 U.S.C. § 1507 (a). Section 1507 provides that the Court, in its discretion, may grant the "additional assistance," only after balancing the various factors set forth in Section 1507(b).”
Ad Hoc Grp. of Vitro Noteholders v. Vitro S.A.B. De C.V., 701 F.3d 1031 (5th Cir. 2012). “The bankruptcy court denied relief under 11 U.S.C. §§ 1507 , 1521, and 1506 because approval of the Plan would extinguish claims held by the Objecting Creditors against the subsidiaries.”
In re Oi Brasil Holdings Coöperatief U.A., 578 B.R. 169 (Bankr. S.D.N.Y. 2017). “at 333 (citing 11 U.S.C. §§ 1507 , 1517, 1521, 1525; Model Law Art.”
In Re Fairfield Sentry Ltd. Litig., 458 B.R. 665 (S.D.N.Y. 2011). “In the alternative, the foreign representatives seek relief under 11 U.S.C. § 1507 (a), which states, “Subject to the specific limitations stated elsewhere in this chapter the court, if recognition is granted, may provide additional assistance to a foreign representative under…”
In Re Atlas Shipping A/S, 404 B.R. 726 (Bankr. S.D.N.Y. 2009). “” 11 U.S.C. § 1507 (b) (emphasis added). These provisions embody the protections previously contained in § 304 with one critical exception: the principle of comity was removed as one of the factors and elevated to the introductory paragraph.”
In Re Condor Ins. Ltd., 601 F.3d 319 (5th Cir. 2010). “[25] Relief unavailable pre-recognition includes relief under 11 U.S.C. §§ 1507 , 1511, 1512, 1520, 1521, 1523, 1524, & 1528; however, limited pre-recognition relief is available under § 1519.”
Vitro, S.A.B. de C.V. v. ACP Master, Ltd. (In re Vitro, S.A.B. de C.V.), 473 B.R. 117 (Bankr. N.D. Tex. 2012). “” 11 U.S.C. § 1507 (a). In determining whether to provide such additional assistance, courts must look to § 1507(b) for guidance, which provides that: (b) In determining whether to provide additional assistance under this title or under other laws of the United States, the court…”
In Re Fairfield Sentry Ltd., 452 B.R. 52 (Bankr. S.D.N.Y. 2011). “” 11 U.S.C. § 1507 (a). Here, the Court finds that Section 108 relief is “necessary to effectuate the purpose of [chapter 15] and to protect the assets of the debtor or the interests of the creditors.”
In Re SPhinX, Ltd., 351 B.R. 103 (Bankr. S.D.N.Y. 2006). “See 11 U.S.C. §§ 1507 (b)(2) (protection of claim holders in the United States against prejudice and inconvenience in the processing of claims in the foreign proceeding); 1521(b) (providing that court must be satisfied that the interests of creditors in the United States are…”
Lavie v. Ran (In Re Ran), 607 F.3d 1017 (5th Cir. 2010). “See 11 U.S.C. § 1507 . By arguing comity without first satisfying the conditions for recognition, Lavie urges this court to ignore the statutory requirements of Chapter 15.”
RSM Richter Inc. v. Aguilar (In Re Ephedra Prods. Liab. Litig.), 349 B.R. 333 (S.D.N.Y. 2006). “The objectors also purport to rely on 11 U.S.C. § 1507 , which, however, adds nothing to the arguments made under § 1506.”
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