Document ID: chunk:federal_register_of_legislation:C2021C00032:schedule:1:p8
Version: federal_register_of_legislation:C2021C00032
Segment Type: schedule
Provision Reference: sch 1 (pt 8/12)
Character Range: 34873–37777

this State are met, intervene in any proceedings in which the debtor is a party.

CHAPTER IV. COOPERATION WITH FOREIGN COURTS AND
FOREIGN REPRESENTATIVES

Article 25

Cooperation and direct communication between a court of this
State and foreign courts or foreign representatives

1. In matters referred to in article 1, the court shall cooperate to the maximum extent possible with foreign courts or foreign representatives, either directly or through a [insert the title of a person or body administering a reorganization or liquidation under the law of the enacting State].

2. The court is entitled to communicate directly with, or to request information or assistance directly from, foreign courts or foreign representatives.

Article 26

Cooperation and direct communication between the [insert the
title of a person or body administering a reorganization or
liquidation under the law of the enacting State] and foreign
courts or foreign representatives

1. In matters referred to in article 1, a [insert the title of a person or body administering a reorganization or liquidation under the law of the enacting State] shall, in the exercise of its functions and subject to the supervision of the court, cooperate to the maximum extent possible with foreign courts or foreign representatives.

2. The [insert the title of a person or body administering a reorganization or liquidation under the law of the enacting State] is entitled, in the exercise of its functions and subject to the supervision of the court, to communicate directly with foreign courts or foreign representatives.

Article 27

Forms of cooperation

 Cooperation referred to in articles 25 and 26 may be implemented by any appropriate means, including:

 (a)  Appointment of a person or body to act at the direction of the court;

 (b)  Communication of information by any means considered appropriate by the court;

 (c)  Coordination of the administration and supervision of the debtor's assets and affairs;

 (d)  Approval or implementation by courts of agreements concerning the coordination of proceedings;

 (e)  Coordination of concurrent proceedings regarding the same debtor;

 (f)  [The enacting State may wish to list additional forms or examples of cooperation].

CHAPTER V. CONCURRENT PROCEEDINGS

Article 28

Commencement of a proceeding under [identify laws of the
enacting State relating to insolvency] after recognition
 of a foreign main proceeding

After recognition of a foreign main proceeding, a proceeding under [identify laws of the enacting State relating to insolvency] may be commenced only if the debtor has assets in this State; the effects of that proceeding shall be restricted to the assets of the debtor that are located in this State and, to the extent necessary to implement cooperation and coordination under articles 25, 26 and 27, to other assets of the debtor that, under the law