Finanz Ag Zurich v. Banco Economico S.A.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting, in a non-§ 304 proceeding, that \[w]e review a district court's decision to extend or deny comity to a foreign proceeding for abuse of discretion\
• the Second Circuit has “repeatedly noted the importance of extending comity to foreign bankruptcy proceedings.”
• “Comity is inappropriate in this case, because the Claims Recognition Ruling and the Concurso Approval Order did not disallow the Restructuring Fee.”
• requirement in Brazilian bankruptcy proceeding that creditor’s claims must be converted into local currency might be fundamentally unfair if it rendered the claim valueless or unenforceable
• judicial proceedings may receive comity to the extent that the \foreign court had proper jurisdiction and enforcement does not prejudice rights of United States citizens or violate domestic public policy\
• “We have repeatedly noted the importance of extending comity to foreign bankruptcy proceedings.”

Source: CourtListener parenthetical corpus (CC0).