11 USC 1516: Presumptions concerning recognition
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11 USC 1516: Presumptions concerning recognition Text contains those laws in effect on December 24, 2024
From Title 11-BANKRUPTCYCHAPTER 15-ANCILLARY AND OTHER CROSS-BORDER CASESSUBCHAPTER III-RECOGNITION OF A FOREIGN PROCEEDING AND RELIEF

§1516. Presumptions concerning recognition

(a) If the decision or certificate referred to in section 1515(b) indicates that the foreign proceeding is a foreign proceeding and that the person or body is a foreign representative, the court is entitled to so presume.

(b) The court is entitled to presume that documents submitted in support of the petition for recognition are authentic, whether or not they have been legalized.

(c) In the absence of evidence to the contrary, the debtor's registered office, or habitual residence in the case of an individual, is presumed to be the center of the debtor's main interests.

(Added Pub. L. 109–8, title VIII, §801(a), Apr. 20, 2005, 119 Stat. 139 .)


Statutory Notes and Related Subsidiaries

Effective Date

Section effective 180 days after Apr. 20, 2005, and not applicable with respect to cases commenced under this title before such effective date, except as otherwise provided, see section 1501 of Pub. L. 109–8, set out as an Effective Date of 2005 Amendment note under section 101 of this title.