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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Upon recognition of a foreign proceeding, the foreign representative has standing in a case concerning the debtor pending under another chapter of this title to initiate actions under sections 522, 544, 545, 547, 548, 550, 553, and 724(a).
(b) When a foreign proceeding is a foreign nonmain proceeding, the court must be satisfied that an action under subsection (a) relates to assets that, under United States law, should be administered in the foreign nonmain proceeding.
Cite this article: FindLaw.com - 11 U.S.C. § 1523 - U.S. Code - Unannotated Title 11. Bankruptcy § 1523. Actions to avoid acts detrimental to creditors - last updated January 01, 2024 | https://codes.findlaw.com/us/title-11-bankruptcy/11-usc-sect-1523/
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