This is a legal form that was released by the United States Bankruptcy Court on December 1, 2015 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form 401 Chapter 15 Petition for Recognition of a Foreign Proceeding?
A: Form 401 is a legal document used to petition for recognition of a foreign proceeding in the United States.
Q: What does Chapter 15 refer to?
A: Chapter 15 refers to the chapter of the U.S. Bankruptcy Code that deals with cross-border insolvency cases.
Q: Who can file Form 401?
A: Any foreign representative of a debtor can file Form 401.
Q: What is the purpose of filing Form 401?
A: The purpose of filing Form 401 is to seek recognition of a foreign proceeding in the United States.
Q: What are the requirements for filing Form 401?
A: The requirements for filing Form 401 include providing information about the foreign proceeding, the foreign representative, and the relief sought.
Q: What happens after filing Form 401?
A: After filing Form 401, a hearing will be scheduled to consider the petition for recognition.
Q: What are the possible outcomes of filing Form 401?
A: The possible outcomes of filing Form 401 include granting recognition of the foreign proceeding, granting additional relief, or denying recognition.
Form Details:
Download a fillable version of Official Form 401 by clicking the link below or browse more documents and templates provided by the United States Bankruptcy Court.