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Curtis successfully defends foreign states' procedural privileges in the UK Supreme Court
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Ibrahim Elsadig joins Curtis as Partner in Dubai
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Curtis, Mallet-Prevost, Colt & Mosle enters into association with Chevalier Law in Singapore.
Event 23 Apr. 2021
Partner Borzu Sabahi to speak on Damages, Enforcement and Annulment of Arbitral Awards at Executive Training Program hosted by the Government of India and the Indian Institute of Foreign Trade
Client Alert 18 Oct. 2021
Senior Associate Martin Wolff Discusses Practical Questions with Regard to the German Implementation of the EU Directive on Cross-Border Tax Arrangements (DAC6) in Institutional Money
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Jan Krupski Joins Curtis as a Partner in Frankfurt
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Claudia Frutos-Peterson and Elisa Botero Ranked Among the Top 100 Female Lawyers in Latin America by Latinvex
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Curtis Joins The Appellate Project to Promote Appellate Practice to Diverse Law Students
Client Alert 15 Oct. 2021
Recent change in Dubai’s Arbitration Landscape.
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Curtis Successfully Defends the Sultanate of Oman and Oman Aluminium Rolling Company LLC in U.S. Department of Commerce Trade Case
Client Alert 05 Oct. 2021
Proposed Legislative Changes to Federal Estate, Gift and Trust Taxation
Publications 22 Sep. 2021
Client Alert 24 Jun. 2021
U.S. Insight: Update on Virtual Notarization (Executive Order 202.7) During the COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021)
U.S. Insight: Update on Virtual Witnessing (New York Executive Order 202.14) During The COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021)
Publications February 22, 2011
Partners L. P. Harrison 3rd, Jerrold L. Bregman and Timothy A. Barnes of Curtis' Restructuring and Insolvency practice group wrote an article, 'Taking It Back -- Recovering Transfers in Bankruptcy' that was published in the February 10, 2011 edition of The New York Law Journal's special GCNY (General Counsel New York) section.
The article focused on strategies that foreign debtors, and their duly recognized representatives, may employ, under Chapters 15, 7 and 11 of the Bankruptcy Code, to avoid and recover pre-bankruptcy transfers, such as fraudulent conveyances and preferences.
Chapter 15 covers cross-border cases with an emphasis on facilitating the restructuring and liquidation of foreign estates through ancillary proceedings in the U.S. When Chapter 15 started in 2005, it was thought that foreign representatives may not come to the United States to recoup assets pursuant to the avoidance actions provisions of the U.S. Bankruptcy Code. However, recent cases have seemingly opened the door to allow a foreign representative to use U.S. avoidance provisions in conjunction with chapter 7 and chapter 11 cases.
The article covers some of those cases and explores the text of relevant sections of the Bankruptcy Code.