2023-10-doc1 Who it the “foreign representative” under the Model Law (MLCBI)?
On 29 August, Global Restructuring Review (GRR) reported that the Zeeland-West-Brabant District Court in the Netherlands had given its reasons for granting a “worldwide stay” (“Dutch court issues reasons for unprecedented Ch11-style stay”). To avoid confusion, what the Dutch court granted is a stay in the meaning of the local legislation of the WHOA (“afkoelingsperiode”). It is not an “automatic… Read More »2023-10-doc1 Who it the “foreign representative” under the Model Law (MLCBI)?