5 ms·
Wait, why does a Bahamas based company get to choose the jurisdiction where its bankruptcy proceedings are held? Surely if they are a Bahamas company they are b
by null0pointer 4y ago
Wait, why does a Bahamas based company get to choose the jurisdiction where its bankruptcy proceedings are held? Surely if they are a Bahamas company they are beholden to Bahamas bankruptcy laws?
- Animats 4y agoBackground on multi-jurisdiction bankruptcies.[1] It's complicated. A lot depends on who makes the first legal move. [1] https://www.financierworldwide.com/forum-managing-cross-border-restructurings-and-bankruptcies https://www.financierworldwide.com/forum-managing-cross-bord...