2015 US Code
Title 11 - Bankruptcy (Sections 101 - 1532)
Chapter 15 - Ancillary and Other Cross-Border Cases (Sections 1501 - 1532)
Subchapter II - Access of Foreign Representatives and Creditors to the Court (Sections 1509 - 1514)
Sec. 1513 - Access of foreign creditors to a case under this title
Publication Title | United States Code, 2012 Edition, Supplement 3, Title 11 - BANKRUPTCY |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 11 - BANKRUPTCY CHAPTER 15 - ANCILLARY AND OTHER CROSS-BORDER CASES SUBCHAPTER II - ACCESS OF FOREIGN REPRESENTATIVES AND CREDITORS TO THE COURT Sec. 1513 - Access of foreign creditors to a case under this title |
Contains | section 1513 |
Date | 2015 |
Laws In Effect As Of Date | January 3, 2016 |
Positive Law | Yes |
Disposition | standard |
Source Credit | Added Pub. L. 109-8, title VIII, §801(a), Apr. 20, 2005, 119 Stat. 138. |
Statutes at Large Reference | 119 Stat. 138 |
Public and Private Law | Public Law 109-8 |
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(a) Foreign creditors have the same rights regarding the commencement of, and participation in, a case under this title as domestic creditors.
(b)(1) Subsection (a) does not change or codify present law as to the priority of claims under section 507 or 726, except that the claim of a foreign creditor under those sections shall not be given a lower priority than that of general unsecured claims without priority solely because the holder of such claim is a foreign creditor.
(2)(A) Subsection (a) and paragraph (1) do not change or codify present law as to the allowability of foreign revenue claims or other foreign public law claims in a proceeding under this title.
(B) Allowance and priority as to a foreign tax claim or other foreign public law claim shall be governed by any applicable tax treaty of the United States, under the conditions and circumstances specified therein.
(Added Pub. L. 109–8, title VIII, §801(a), Apr. 20, 2005, 119 Stat. 138.)
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