11-U.S.C.-1502

§1502 – Definitions

Pathway

Title 11 > Chapter 15 > Subchapter I > Section 1502

Details

• Reference: Section 1502
• Legend: §1502 – Definitions
• USCode Year: 2013

Provision Content

For the purposes of this chapter, the term—

(1) debtor means an entity that is the subject of a foreign proceeding;

(2) establishment means any place of operations where the debtor carries out a nontransitory economic activity;

(3) foreign court means a judicial or other authority competent to control or supervise a foreign proceeding;

(4) foreign main proceeding means a foreign proceeding pending in the country where the debtor has the center of its main interests;

(5) foreign nonmain proceeding means a foreign proceeding, other than a foreign main proceeding, pending in a country where the debtor has an establishment;

(6) trustee includes a trustee, a debtor in possession in a case under any chapter of this title, or a debtor under chapter 9 of this title;

(7) recognition means the entry of an order granting recognition of a foreign main proceeding or foreign nonmain proceeding under this chapter; and

(8) within the territorial jurisdiction of the United States, when used with reference to property of a debtor, refers to tangible property located within the territory of the United States and intangible property deemed under applicable nonbankruptcy law to be located within that territory, including any property subject to attachment or garnishment that may properly be seized or garnished by an action in a Federal or State court in the United States.

(Added Pub. L. 109–8, title VIII, §801(a), Apr. 20, 2005, 119 Stat. 135.)

U.S. Encyclopedia of Law Coverage

11-U.S.C.-1322 in the Legal Encyclopedia: Bankruptcy

In this entry about 11-U.S.C.-1322, find legal reference material, bibliographies and premiere content related to bankruptcy in the American Encyclopedia of Law, presenting a comprehensive view of the United States bankruptcy-specific issues, written by authorities in the field.

11-U.S.C.-112 in the Legal Encyclopedia: Bankruptcy Cross Border Cases

In this entry about 11-U.S.C.-112, find legal reference material, bibliographies and premiere content related to bankruptcy cross border cases in the American Encyclopedia of Law, presenting a comprehensive view of the United States bankruptcy cross border cases-specific issues, written by authorities in the field.

Topic Map

• Browse the Topic Map in relation with Title 11 (Bankruptcy) guided by subject interests.