2015 US Code
Title 11 - Bankruptcy (Sections 101 - 1532)
Chapter 15 - Ancillary and Other Cross-Border Cases (Sections 1501 - 1532)
Subchapter III - Recognition of a Foreign Proceeding and Relief (Sections 1515 - 1524)
Sec. 1522 - Protection of creditors and other interested persons
| 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 III - RECOGNITION OF A FOREIGN PROCEEDING AND RELIEF Sec. 1522 - Protection of creditors and other interested persons |
| Contains | section 1522 |
| 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. 142. |
| Statutes at Large Reference | 119 Stat. 142 |
| Public and Private Law | Public Law 109-8 |
Download PDF
(a) The court may grant relief under section 1519 or 1521, or may modify or terminate relief under subsection (c), only if the interests of the creditors and other interested entities, including the debtor, are sufficiently protected.
(b) The court may subject relief granted under section 1519 or 1521, or the operation of the debtor's business under section 1520(a)(3), to conditions it considers appropriate, including the giving of security or the filing of a bond.
(c) The court may, at the request of the foreign representative or an entity affected by relief granted under section 1519 or 1521, or at its own motion, modify or terminate such relief.
(d) Section 1104(d) shall apply to the appointment of an examiner under this chapter. Any examiner shall comply with the qualification requirements imposed on a trustee by section 322.
(Added Pub. L. 109–8, title VIII, §801(a), Apr. 20, 2005, 119 Stat. 142.)
Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.
