Alhambra Bankruptcy Attorney

TITLE 11 - BANKRUPTCY
CHAPTER 15 - ANCILLARY AND OTHER CROSS-BORDER CASES
    SUBCHAPTER II - ACCESS OF FOREIGN REPRESENTATIVES AND CREDITORS TO
                     THE COURT                 

-HEAD-
    Sec. 1513. Access of foreign creditors to a case under this title

-STATUTE-
      (a) Foreign creditors have the same rights regarding the
    commencement of, and participation in, a case under this title as
    domestic creditors.
      (b)(1) Subsection (a) does not change or codify present law as to
    the priority of claims under section 507 or 726, except that the
    claim of a foreign creditor under those sections shall not be given
    a lower priority than that of general unsecured claims without
    priority solely because the holder of such claim is a foreign
    creditor.
      (2)(A) Subsection (a) and paragraph (1) do not change or codify
    present law as to the allowability of foreign revenue claims or
    other foreign public law claims in a proceeding under this title.
      (B) Allowance and priority as to a foreign tax claim or other
    foreign public law claim shall be governed by any applicable tax
    treaty of the United States, under the conditions and circumstances
    specified therein.

-SOURCE-
    (Added Pub. L. 109-8, title VIII, Sec. 801(a), Apr. 20, 2005, 119
    Stat. 138.)