Dmitriy Bogorodskiy

Recognition of Foreign Bankruptcy Proceedings Under Chapter 15

Transnational insolvency proceedings primarily involve cases where debtors have assets or creditors in multiple jurisdictions. To avoid conflicts between different bankruptcy regimes, many countries allow recognition of foreign bankruptcies in their territories and provide aid to foreign bankruptcy trustees. Recognition of foreign insolvency proceedings in the United States is governed by Chapter 15 of the U.S….

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Sanctions Against Russia and Section 1782 Discovery

Since the “military operation” in Ukraine began in 2022, Russia has become the most sanctioned country in the world. U.S. blocking and sectoral sanctions now cover numerous Russian entities, especially banks, which were the most active litigants in transnational disputes. The U.S.-Russia relationship is probably at its worst in 30 years, and Russia has officially…

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