Ireland needs to sort bankruptcy tourism
In the Republic the bankruptcy laws impose a 12-year ban before someone can start another business, whereas up here the limit is for one year only. One southern businessman owing more than £100m simply crossed the border, settled in Fermanagh and is …
Read more on Belfast Telegraph

Where Do Your Interests Lie Under Chapter 15 Of The Bankruptcy Code?
Then, in accordance with Chapter 15 of the Bankruptcy Code, the Debtor petitioned the U.S. Bankruptcy Court in the Southern District of New York for recognition of the BVI liquidation proceeding. The bankruptcy court granted the Chapter 15 petition, …
Read more on Mondaq News Alerts (registration)

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