In Re Gold & Honey, Ltd.

How courts have described this case

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

• noting that one of the \most fundamental policies and purposes of the automatic stay” is \[to] provid[e] for the efficient and orderly distribution of a debtor's assets to all creditors in accordance with their relative priorities”
• discussing “serious ramifications” if future creditors followed suit and seized assets under a United States court’s jurisdiction in violation of its orders
• discussing \serious ramifications\ if future creditors followed suit and seized assets under a United States court's jurisdiction in violation of its orders
• finding Israeli receivership proceeding was not collective in nature because it was primarily designed to benefit a single secured creditor
• finding a proceeding non-collective that was “more akin to a[n] individual creditor’s replevin or repossession action than it is to a reorganization or liquidation by an independent trustee”
• denying recognition on the basis that recognition of the foreign proceeding would reward and legitimize a violation of the automatic stay and a prior court order

Source: CourtListener parenthetical corpus (CC0).