One of the more powerful tools a Chapter 11 debtor holds is the automatic stay, which prohibits actions taken against property of the estate without court approval. Violation of the stay can trigger ... JD Supra: Filing of Adversary Proceeding Against Chapter 15 Debtor Violated Automatic Stay, and "Home Court" Rule Does Not Apply in Chapter 15 Cases Filing of Adversary Proceeding Against Chapter 15 Debtor Violated Automatic Stay, and "Home Court" Rule Does Not Apply in Chapter 15 Cases JD Supra: Ninth Circuit: Reversal on Appeal of Order Denying Chapter 15 Recognition Does Not Retroactively Trigger Automatic Stay Ninth Circuit: Reversal on Appeal of Order Denying Chapter 15 Recognition Does Not Retroactively Trigger Automatic Stay JD Supra: Orlansky v.

Understanding the Context

Quicken Loans, LLC & ‎Violations of the Automatic Stay The automatic stay is immediately effective when a debtor files a petition for bankruptcy relief. The scope of the automatic stay is broad. The stay applies to all creditors and prohibits both formal ... Law: Del.

Key Insights

Bankruptcy Court Decision Serves as Warning of Consequences of Violating the Automatic Stay Del. Bankruptcy Court Decision Serves as Warning of Consequences of Violating the Automatic Stay It is generally well understood that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy case as a "main" proceeding under chapter 15 of the Bankruptcy Code triggers the ... A Nov. 14 opinion from the U.S.

Final Thoughts

Bankruptcy Court for the District of Delaware provides a reminder of the potentially severe punishment that a party can suffer as a result of its violation of the ... It is generally recognized that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy proceeding as a "main" proceeding under chapter 15 of the Bankruptcy Code triggers the ...