What is COMI? 

How is it determined? 

What is its significance?

 What is the difference between a "main" and a "non-main" proceeding? What is the significance of the distinction? 

Will a US court consider the interests of local creditors in deciding whether to turn over assets located in the US to a foreign bankruptcy court? What factors will the court consider? 4. You've read the Mt Gox case. a) Who was the petitioner? b) What were the key facts? c) What did the petitioner want? d) What did the court decide?

Answer rating: 100% (QA)

COMI stands for Center of Main Interests It is used in the context of crossborder insolvency proceed... View the full answer