Overview

This monthly update from Baker & McKenzie provides summaries of recent decisions and other points of interest in the area of international litigation and arbitration.

The featured alert takes an in-depth look at a recent much-anticipated bankruptcy court decision which clarifies that foreign representatives in chapter 15 cases will have up to two years to initiate actions against third parties. The decision came about in the Re Fairfield Sentry Ltd case when the Bankruptcy Court for the Southern District of New York held that section 108 of the Bankruptcy Code applied in a chapter 15 case, thereby increasing the timeframe for litigation proceedings.

For full details on this case and many more, click 'View Briefing'.