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Revision as of 09:27, 31 December 2024

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Regarding 3rd parties that were exempt to the Brazilian expansion order, the bankruptcy court in Petroforte held the trustee might be entitled to wide exploration to the degree the borrower is a bulk stockholder in the non-debtor exploration target.

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However submitting a proof of claim is not necessary if the creditor's insurance claim is scheduled (however is not detailed as disputed, set, or unliquidated by the debtor) due to the fact that the borrower's schedules are deemed to comprise evidence of the validity and amount of those insurance claims.

The court, on activity by a celebration in passion or the united state trustee and after notification and hearing, will buy the visit of an instance trustee for reason, consisting of fraud, dishonesty, inexperience, or gross mismanagement, or if such a consultation is in the rate of interest of lenders, any type of equity protection owners, and other rate of interests of the estate.

A case supplementary to a pending bankruptcy case in a foreign country is begun by an international agent" under phase 15. The international agent has the right of straight accessibility to USA courts for the objective of filing a request for recognition of an international case" 11 U.S.C. § § 1504 and 1509.