11 U.S.C. § 1516 — Presumptions concerning recognition

FEDERAL · 11 U.S.C. · Chapter 15

Presumptions concerning recognition

Current through Pub. L. 119-102

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

(a)If the decision or certificate referred to in section 1515(b) indicates that the foreign proceeding is a foreign proceeding and that the person or body is a foreign representative, the court is entitled to so presume.

(b)The court is entitled to presume that documents submitted in support of the petition for recognition are authentic, whether or not they have been legalized.

(c)In the absence of evidence to the contrary, the debtor's registered office, or habitual residence in the case of an individual, is presumed to be the center of the debtor's main interests.

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(a) If the decision or certificate referred to in section 1515(b) indicates that the foreign proceeding is a foreign proceeding and that the person or body is a foreign representative, the court is entitled to so presume.
(b) The court is entitled to presume that documents submitted in support of the petition for recognition are authentic, whether or not they have been legalized.
(c) In the absence of evidence to the contrary, the debtor's registered office, or habitual residence in the case of an individual, is presumed to be the center of the debtor's main interests.

11 U.S.C. § 1516 (Presumptions concerning recognition) — 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. 139.)

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.