Stranger in Paradise? The Role of a Foreign Bankruptcy Trustee in Chapter 15

Ken Brown cowrote this article discussing the recent opinion of the Bankruptcy Appellate Panel for the Ninth Circuit Court of Appeals in Iida v. Kitahara (In re Iida), which held that the foreign trustee of a Japanese debtor could exercise his authority over the foreign debtor’s Hawaiian assets without authorization from a U.S. court. Article made available with the permission of the American Bankruptcy Institute.