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2026-07-06 09:52:37 -04:00

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LegalText 11 U.S.C. § 1507 Additional assistance us united_states_code code_section 11 BANKRUPTCY 15 ANCILLARY AND OTHER CROSS-BORDER CASES 1507 11 U.S.C. § 1507 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc11@119-100.zip /us/usc/t11/s1507 data/legal/raw/us/code/title-11/usc11.xml 38d4072922fb89273d19c69e1bafeb15507ed486246aac64e5c7718a2de454bb 49b32bf784de01de21874d64b5d1d78d1d245352824a03caa6d6b941a4a2c9a2 c4fb9703661713be522a4fd29a145ccf1581f896956dc6a946f28f71e465b39d 2026-07-04 official
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11 U.S.C. § 1507 - Additional assistance

Text

(a) Subject to the specific limitations stated elsewhere in this chapter the court, if recognition is granted, may provide additional assistance to a foreign representative under this title or under other laws of the United States.

(b) In determining whether to provide additional assistance under this title or under other laws of the United States, the court shall consider whether such additional assistance, consistent with the principles of comity, will reasonably assure—

(1) just treatment of all holders of claims against or interests in the debtors property;

(2) protection of claim holders in the United States against prejudice and inconvenience in the processing of claims in such foreign proceeding;

(3) prevention of preferential or fraudulent dispositions of property of the debtor;

(4) distribution of proceeds of the debtors property substantially in accordance with the order prescribed by this title; and

(5) if appropriate, the provision of an opportunity for a fresh start for the individual that such foreign proceeding concerns.

(Added Pub. L. 1098, title VIII, § 801(a), Apr. 20, 2005, 119 Stat. 136.)

Notes

Statutory Notes and Related Subsidiaries

Effective DateSection 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. 1098, set out as an Effective Date of 2005 Amendment note under section 101 of this title.