Foreign proceeding

Definition of Foreign proceeding

Proceeding, whether judicial or administrative and whether or not under bankruptcy law, in a foreign country in which the debtor’s domicile, residence, principal place of business, or principal assets were located at the commencement of such proceeding, for the purpose of liquidating an estate, adjusting debts by composition, extension, or discharge, or effecting a reorganization. Bankruptcy Code § 101. See also Foreign jurisdiction; Foreign service of process.

That's the definition of Foreign proceeding in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.

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