Foreign Insolvency.com

ForeignInsolvency.com was created by The Law Offices of S. George Alfonso(http://www.sgalfonsolaw.com/), in order to provide information to clients and potential clients, both within the U.S. and beyond, regarding this complex and rapidly evolving subject. 

Our firm represents both regional and international clientele, specializing in complex commercial arbitration, litigation and consulting. 

Due to the rapidly expanding cross-border commercial ventures of today’s global market, the issues regarding cross-border insolvency regarding both debtors’ rights and the rights of creditors, have become  matters of substantial interest and vital economic concern to parties both within and beyond the borders of the U.S.

Chapter 15 of the U.S. Bankruptcy Code, was enacted by the U.S. Congress in 2005, specifically to addresses foreign insolvency issues within the U.S.   Chapter 15 sets forth the potential protection which a foreign debtor may obtain through the Federal Bankruptcy Courts, as well as the means in which a creditor may successfully challenge and defeat the debtor’s attempts to secure such protection within the Bankruptcy Courts of the United States.  

This site will provide ongoing and updated information and research regarding this burgeoning and ever-evolving subject which promises to have substantial economic ramifications for businesses both within and beyond the borders of the United States. 

Comments and questions are welcome and may be directed to S. George Alfonso, who may be contacted through this site, or reached directly at (972) 458-6800.