In re Fairfield Sentry Ltd.: Second Circuit Court of Appeals Provides Guidance to “COMI” Determinations in Chapter 15 Cases | Perspectives & Events

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In re Fairfield Sentry Ltd.: Second Circuit Court of Appeals Provides Guidance to “COMI” Determinations...

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Brian Trust

On April 16, 2013, in Morning Mist Holdings Ltd. v. Krys (In re Fairfield Sentry Ltd.),1 the US Court of Appeals for the Second Circuit issued an important decision informing fundamental concepts of cross-border insolvency law as implemented pursuant to Chapter 15 of the Bankruptcy Code.

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