RE: FTI stalling the liquidation of FRCC28 Nov 2019 12:46
Bigun2 - The case comes under the jurisdiction of the New York Southern Bankruptcy Court, it's not being tried in a UK court. Therefore, UK law is irrelevant, and US Bankruptcy Law Chapter 15 is what applies, as the case was initiated in the Caymen Islands (see Docket 1 in the 1st link below).
The following two paragraphs are copied from the 2nd link below and show that representatives of foreign creditors (FRR workers owed wages) have the right to participate, and their representatives (the GG perhaps). Also, the court is explicitly charged with cooperating to the maximum possible extent.
Chapter 15 also gives foreign creditors the right to participate in U.S. bankruptcy cases and it prohibits discrimination against foreign creditors (except certain foreign government and tax claims, which may be governed by treaty). 11 U.S.C. § 1513. It also requires notice to foreign creditors concerning a U.S. bankruptcy case, including notice of the right to file claims. 11 U.S.C. § 1514.
One of the most important goals of chapter 15 is to promote cooperation and communication between U.S. courts and parties of interest with foreign courts and parties of interest in cross-border cases. This goal is accomplished by, among other things, explicitly charging the court and estate representatives to "cooperate to the maximum extent possible" with foreign courts and foreign representatives and authorizing direct communication between the court and authorized estate representatives and the foreign courts and foreign representatives. 11 U.S.C. §§ 1525 - 1527.
https://www.pacermonitor.com/public/case/30667314/Frontera_Resources_Caucasus_Corp_and_David_Griffin
https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-15-bankruptcy-basics
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