11 U.S.C. § 1514 — Notification to foreign creditors concerning a case under this title

FEDERAL · 11 U.S.C. · Chapter 15

Notification to foreign creditors concerning a case under this title

Current through Pub. L. 119-102

Title 11 — Bankruptcy·Ch. 15 — ANCILLARY AND OTHER CROSS-BORDER CASES·Subch. II

(a)Whenever in a case under this title notice is to be given to creditors generally or to any class or category of creditors, such notice shall also be given to the known creditors generally, or to creditors in the notified class or category, that do not have addresses in the United States. The court may order that appropriate steps be taken with a view to notifying any creditor whose address is not yet known.

(b)Such notification to creditors with foreign addresses described in subsection (a) shall be given individually, unless the court considers that, under the circumstances, some other form of notification would be more appropriate. No letter or other formality is required.

(c)When a notification of commencement of a case is to be given to foreign creditors, such notification shall—

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(a) Whenever in a case under this title notice is to be given to creditors generally or to any class or category of creditors, such notice shall also be given to the known creditors generally, or to creditors in the notified class or category, that do not have addresses in the United States. The court may order that appropriate steps be taken with a view to notifying any creditor whose address is not yet known.
(b) Such notification to creditors with foreign addresses described in subsection (a) shall be given individually, unless the court considers that, under the circumstances, some other form of notification would be more appropriate. No letter or other formality is required.
(c) When a notification of commencement of a case is to be given to foreign creditors, such notification shall—
(1) indicate the time period for filing proofs of claim and specify the place for filing such proofs of claim;
(2) indicate whether secured creditors need to file proofs of claim; and
(3) contain any other information required to be included in such notification to creditors under this title and the orders of the court.
(d) Any rule of procedure or order of the court as to notice or the filing of a proof of claim shall provide such additional time to creditors with foreign addresses as is reasonable under the circumstances.

11 U.S.C. § 1514 (Notification to foreign creditors concerning a case under this title) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Added Pub. L. 109–8, title VIII, §801(a), Apr. 20, 2005, 119 Stat. 138.)

Editorial Notes

Statutory Notes and Related Subsidiaries

Effective Date
Section effective 180 days after Apr. 20, 2005, and not applicable with respect to cases commenced under this title before such effective date, except as otherwise provided, see section 1501 of Pub. L. 109–8, set out as an Effective Date of 2005 Amendment note under section 101 of this title.