id sid tid token lemma pos cblr-1765 1 1 microsoft microsoft PROPN cblr-1765 1 2 word word PROPN cblr-1765 1 3 4_2015.3_hallock_final3 4_2015.3_hallock_final3 PROPN cblr-1765 1 4 hallock hallock NOUN cblr-1765 1 5 – – PUNCT cblr-1765 1 6 final final ADJ cblr-1765 1 7 time time NOUN cblr-1765 1 8 out out ADP cblr-1765 1 9 : : PUNCT cblr-1765 1 10 the the DET cblr-1765 1 11 problematic problematic ADJ cblr-1765 1 12 temporality temporality NOUN cblr-1765 1 13 of of ADP cblr-1765 1 14 comi comi NOUN cblr-1765 1 15 analysis analysis NOUN cblr-1765 1 16 in in ADP cblr-1765 1 17 chapter chapter NOUN cblr-1765 1 18 15 15 NUM cblr-1765 1 19 bankruptcy bankruptcy NOUN cblr-1765 1 20 cases case NOUN cblr-1765 1 21 in in ADP cblr-1765 1 22 the the DET cblr-1765 1 23 second second ADJ cblr-1765 1 24 circuit circuit NOUN cblr-1765 1 25 jesse jesse PROPN cblr-1765 1 26 hallock hallock NOUN cblr-1765 1 27 under under ADP cblr-1765 1 28 chapter chapter NOUN cblr-1765 1 29 15 15 NUM cblr-1765 1 30 of of ADP cblr-1765 1 31 the the DET cblr-1765 1 32 bankruptcy bankruptcy NOUN cblr-1765 1 33 code code PROPN cblr-1765 1 34 , , PUNCT cblr-1765 1 35 u.s u.s PROPN cblr-1765 1 36 . . PROPN cblr-1765 1 37 courts court NOUN cblr-1765 1 38 will will AUX cblr-1765 1 39 only only ADV cblr-1765 1 40 recognize recognize VERB cblr-1765 1 41 foreign foreign ADJ cblr-1765 1 42 insolvency insolvency NOUN cblr-1765 1 43 proceedings proceeding NOUN cblr-1765 1 44 that that PRON cblr-1765 1 45 are be AUX cblr-1765 1 46 based base VERB cblr-1765 1 47 in in ADP cblr-1765 1 48 the the DET cblr-1765 1 49 location location NOUN cblr-1765 1 50 of of ADP cblr-1765 1 51 the the DET cblr-1765 1 52 debtor debtor NOUN cblr-1765 1 53 ’s ’s PART cblr-1765 1 54 center center NOUN cblr-1765 1 55 of of ADP cblr-1765 1 56 main main ADJ cblr-1765 1 57 interests interest NOUN cblr-1765 1 58 ( ( PUNCT cblr-1765 1 59 “ " PUNCT cblr-1765 1 60 comi comi NOUN cblr-1765 1 61 ” " PUNCT cblr-1765 1 62 ) ) PUNCT cblr-1765 1 63 . . PUNCT cblr-1765 2 1 in in ADP cblr-1765 2 2 in in ADP cblr-1765 2 3 re re PROPN cblr-1765 2 4 fairfield fairfield PROPN cblr-1765 2 5 sentry sentry PROPN cblr-1765 2 6 , , PUNCT cblr-1765 2 7 the the DET cblr-1765 2 8 second second ADJ cblr-1765 2 9 circuit circuit NOUN cblr-1765 2 10 held hold VERB cblr-1765 2 11 that that SCONJ cblr-1765 2 12 courts court NOUN cblr-1765 2 13 should should AUX cblr-1765 2 14 evaluate evaluate VERB cblr-1765 2 15 a a DET cblr-1765 2 16 debtor debtor NOUN cblr-1765 2 17 ’s ’s PART cblr-1765 2 18 comi comi NOUN cblr-1765 2 19 at at ADP cblr-1765 2 20 the the DET cblr-1765 2 21 time time NOUN cblr-1765 2 22 of of ADP cblr-1765 2 23 its its PRON cblr-1765 2 24 filing filing NOUN cblr-1765 2 25 a a DET cblr-1765 2 26 chapter chapter NOUN cblr-1765 2 27 15 15 NUM cblr-1765 2 28 petition petition NOUN cblr-1765 2 29 , , PUNCT cblr-1765 2 30 rather rather ADV cblr-1765 2 31 than than ADP cblr-1765 2 32 the the DET cblr-1765 2 33 earlier early ADJ cblr-1765 2 34 date date NOUN cblr-1765 2 35 of of ADP cblr-1765 2 36 when when SCONJ cblr-1765 2 37 it it PRON cblr-1765 2 38 commenced commence VERB cblr-1765 2 39 the the DET cblr-1765 2 40 underlying underlying ADJ cblr-1765 2 41 foreign foreign ADJ cblr-1765 2 42 proceeding proceeding NOUN cblr-1765 2 43 . . PUNCT cblr-1765 3 1 unfortunately unfortunately ADV cblr-1765 3 2 , , PUNCT cblr-1765 3 3 this this DET cblr-1765 3 4 approach approach NOUN cblr-1765 3 5 incentivizes incentivize VERB cblr-1765 3 6 forum forum NOUN cblr-1765 3 7 shopping shop VERB cblr-1765 3 8 by by ADP cblr-1765 3 9 allowing allow VERB cblr-1765 3 10 companies company NOUN cblr-1765 3 11 to to PART cblr-1765 3 12 file file VERB cblr-1765 3 13 proceedings proceeding NOUN cblr-1765 3 14 in in ADP cblr-1765 3 15 the the DET cblr-1765 3 16 jurisdictions jurisdiction NOUN cblr-1765 3 17 most most ADV cblr-1765 3 18 friendly friendly ADJ cblr-1765 3 19 to to ADP cblr-1765 3 20 their their PRON cblr-1765 3 21 interests interest NOUN cblr-1765 3 22 and and CCONJ cblr-1765 3 23 utilize utilize VERB cblr-1765 3 24 the the DET cblr-1765 3 25 extra extra ADJ cblr-1765 3 26 time time NOUN cblr-1765 3 27 to to PART cblr-1765 3 28 reestablish reestablish VERB cblr-1765 3 29 it it PRON cblr-1765 3 30 as as ADP cblr-1765 3 31 their their PRON cblr-1765 3 32 comi comi NOUN cblr-1765 3 33 for for ADP cblr-1765 3 34 recognition recognition NOUN cblr-1765 3 35 purposes purpose NOUN cblr-1765 3 36 . . PUNCT cblr-1765 4 1 this this DET cblr-1765 4 2 note note NOUN cblr-1765 4 3 suggests suggest VERB cblr-1765 4 4 the the DET cblr-1765 4 5 implementation implementation NOUN cblr-1765 4 6 of of ADP cblr-1765 4 7 “ " PUNCT cblr-1765 4 8 comi comi NOUN cblr-1765 4 9 selection selection NOUN cblr-1765 4 10 clause clause NOUN cblr-1765 4 11 ” " PUNCT cblr-1765 4 12 requirements requirement NOUN cblr-1765 4 13 in in ADP cblr-1765 4 14 company company NOUN cblr-1765 4 15 charters charter NOUN cblr-1765 4 16 to to PART cblr-1765 4 17 combat combat VERB cblr-1765 4 18 this this DET cblr-1765 4 19 problem problem NOUN cblr-1765 4 20 . . PUNCT cblr-1765 5 1 while while SCONJ cblr-1765 5 2 requiring require VERB cblr-1765 5 3 companies company NOUN cblr-1765 5 4 to to PART cblr-1765 5 5 designate designate VERB cblr-1765 5 6 their their PRON cblr-1765 5 7 comi comi NOUN cblr-1765 5 8 in in ADP cblr-1765 5 9 their their PRON cblr-1765 5 10 charters charter NOUN cblr-1765 5 11 will will AUX cblr-1765 5 12 not not PART cblr-1765 5 13 eliminate eliminate VERB cblr-1765 5 14 forum forum NOUN cblr-1765 5 15 shopping shopping NOUN cblr-1765 5 16 , , PUNCT cblr-1765 5 17 it it PRON cblr-1765 5 18 will will AUX cblr-1765 5 19 substantially substantially ADV cblr-1765 5 20 increase increase VERB cblr-1765 5 21 transparency transparency NOUN cblr-1765 5 22 and and CCONJ cblr-1765 5 23 allow allow VERB cblr-1765 5 24 potential potential ADJ cblr-1765 5 25 creditors creditor NOUN cblr-1765 5 26 to to PART cblr-1765 5 27 ascertain ascertain VERB cblr-1765 5 28 the the DET cblr-1765 5 29 jurisdiction jurisdiction NOUN cblr-1765 5 30 of of ADP cblr-1765 5 31 future future ADJ cblr-1765 5 32 insolvency insolvency NOUN cblr-1765 5 33 proceedings proceeding NOUN cblr-1765 5 34 at at ADP cblr-1765 5 35 the the DET cblr-1765 5 36 time time NOUN cblr-1765 5 37 they they PRON cblr-1765 5 38 enter enter VERB cblr-1765 5 39 into into ADP cblr-1765 5 40 contractual contractual ADJ cblr-1765 5 41 relations relation NOUN cblr-1765 5 42 . . PUNCT cblr-1765 6 1 i. i. PROPN cblr-1765 6 2     SPACE cblr-1765 6 3 introduction introduction NOUN cblr-1765 6 4 .............................................................. .............................................................. PUNCT cblr-1765 6 5 1075 1075 NUM cblr-1765 6 6     SPACE cblr-1765 6 7 ii ii NOUN cblr-1765 6 8 . . PUNCT cblr-1765 6 9     SPACE cblr-1765 6 10 historical historical ADJ cblr-1765 6 11 background background NOUN cblr-1765 6 12 and and CCONJ cblr-1765 6 13 recent recent ADJ cblr-1765 6 14 developments development NOUN cblr-1765 6 15 . . PUNCT cblr-1765 7 1 1076 1076 NUM cblr-1765 7 2     SPACE cblr-1765 7 3 a. a. NOUN cblr-1765 7 4     SPACE cblr-1765 7 5 text text NOUN cblr-1765 7 6 , , PUNCT cblr-1765 7 7 legislative legislative ADJ cblr-1765 7 8 history history NOUN cblr-1765 7 9 , , PUNCT cblr-1765 7 10 and and CCONJ cblr-1765 7 11 purpose purpose NOUN cblr-1765 7 12 of of ADP cblr-1765 7 13 chapter chapter NOUN cblr-1765 7 14 15 15 NUM cblr-1765 7 15 ’s ’s PART cblr-1765 7 16 center center NOUN cblr-1765 7 17 of of ADP cblr-1765 7 18 main main ADJ cblr-1765 7 19 interests interest NOUN cblr-1765 7 20 ( ( PUNCT cblr-1765 7 21 comi comi NOUN cblr-1765 7 22 ) ) PUNCT cblr-1765 7 23 analysis analysis NOUN cblr-1765 7 24 .............................................................. .............................................................. PUNCT cblr-1765 7 25 1076 1076 NUM cblr-1765 7 26     SPACE cblr-1765 7 27   PROPN cblr-1765 7 28 j.d j.d PROPN cblr-1765 7 29 . . PROPN cblr-1765 7 30 candidate candidate PROPN cblr-1765 7 31 2016 2016 NUM cblr-1765 7 32 , , PUNCT cblr-1765 7 33 columbia columbia PROPN cblr-1765 7 34 law law PROPN cblr-1765 7 35 school school NOUN cblr-1765 7 36 ; ; PUNCT cblr-1765 7 37 a.b a.b PROPN cblr-1765 7 38 . . PROPN cblr-1765 7 39 2013 2013 NUM cblr-1765 7 40 , , PUNCT cblr-1765 7 41 princeton princeton PROPN cblr-1765 7 42 university university PROPN cblr-1765 7 43 . . PUNCT cblr-1765 8 1 many many ADJ cblr-1765 8 2 thanks thank NOUN cblr-1765 8 3 to to ADP cblr-1765 8 4 professor professor PROPN cblr-1765 8 5 ronald ronald PROPN cblr-1765 8 6 mann mann PROPN cblr-1765 8 7 for for ADP cblr-1765 8 8 his his PRON cblr-1765 8 9 invaluable invaluable ADJ cblr-1765 8 10 guidance guidance NOUN cblr-1765 8 11 . . PUNCT cblr-1765 9 1 additional additional ADJ cblr-1765 9 2 thanks thank NOUN cblr-1765 9 3 to to ADP cblr-1765 9 4 vicki vicki PROPN cblr-1765 9 5 hallock hallock PROPN cblr-1765 9 6 for for ADP cblr-1765 9 7 her her PRON cblr-1765 9 8 support support NOUN cblr-1765 9 9 , , PUNCT cblr-1765 9 10 and and CCONJ cblr-1765 9 11 to to ADP cblr-1765 9 12 the the DET cblr-1765 9 13 outstanding outstanding ADJ cblr-1765 9 14 staff staff NOUN cblr-1765 9 15 and and CCONJ cblr-1765 9 16 editorial editorial NOUN cblr-1765 9 17 board board NOUN cblr-1765 9 18 of of ADP cblr-1765 9 19 the the DET cblr-1765 9 20 columbia columbia PROPN cblr-1765 9 21 business business PROPN cblr-1765 9 22 law law PROPN cblr-1765 9 23 review review NOUN cblr-1765 9 24 for for ADP cblr-1765 9 25 their their PRON cblr-1765 9 26 assistance assistance NOUN cblr-1765 9 27 in in ADP cblr-1765 9 28 preparing prepare VERB cblr-1765 9 29 this this DET cblr-1765 9 30 note note NOUN cblr-1765 9 31 for for ADP cblr-1765 9 32 publication publication NOUN cblr-1765 9 33 . . PUNCT cblr-1765 10 1 hallock hallock NOUN cblr-1765 10 2 – – PUNCT cblr-1765 10 3 final final ADJ cblr-1765 10 4 no no NOUN cblr-1765 10 5 . . PUNCT cblr-1765 11 1 3:1074 3:1074 NUM cblr-1765 11 2 ] ] PUNCT cblr-1765 11 3 time time NOUN cblr-1765 11 4 out out ADP cblr-1765 11 5 1075 1075 NUM cblr-1765 11 6 b. b. NOUN cblr-1765 11 7     SPACE cblr-1765 11 8 judicially judicially ADV cblr-1765 11 9 - - PUNCT cblr-1765 11 10 created create VERB cblr-1765 11 11 substantive substantive ADJ cblr-1765 11 12 tests test NOUN cblr-1765 11 13 for for ADP cblr-1765 11 14 comi comi NOUN cblr-1765 11 15 analyses analysis NOUN cblr-1765 11 16 .................................................. .................................................. PUNCT cblr-1765 11 17 1080 1080 NUM cblr-1765 11 18     SPACE cblr-1765 11 19 c. c. NOUN cblr-1765 11 20     SPACE cblr-1765 11 21 temporality temporality NOUN cblr-1765 11 22 of of ADP cblr-1765 11 23 comi comi NOUN cblr-1765 11 24 analysis analysis NOUN cblr-1765 11 25 : : PUNCT cblr-1765 11 26 commencement commencement NOUN cblr-1765 11 27 vs. vs. ADP cblr-1765 11 28 petition petition NOUN cblr-1765 11 29 date date NOUN cblr-1765 11 30 .................... .................... PUNCT cblr-1765 11 31 1087 1087 NUM cblr-1765 11 32     SPACE cblr-1765 11 33 iii iii NOUN cblr-1765 11 34 . . PUNCT cblr-1765 11 35     SPACE cblr-1765 11 36 ramifications ramification NOUN cblr-1765 11 37 of of ADP cblr-1765 11 38 the the DET cblr-1765 11 39 second second ADJ cblr-1765 11 40 circuit circuit NOUN cblr-1765 11 41 ’s ’s PART cblr-1765 11 42 endorsement endorsement NOUN cblr-1765 11 43 of of ADP cblr-1765 11 44 in in ADP cblr-1765 11 45 re re PROPN cblr-1765 11 46 fairfield fairfield PROPN cblr-1765 11 47 sentry sentry PROPN cblr-1765 11 48 ........................................... ........................................... PUNCT cblr-1765 12 1 1087 1087 NUM cblr-1765 12 2     SPACE cblr-1765 12 3 a. a. NOUN cblr-1765 12 4     SPACE cblr-1765 12 5 two two NUM cblr-1765 12 6 approaches approach NOUN cblr-1765 12 7 to to ADP cblr-1765 12 8 temporality temporality NOUN cblr-1765 12 9 ....................... ....................... PUNCT cblr-1765 12 10 1087 1087 NUM cblr-1765 12 11     SPACE cblr-1765 12 12 b. b. NOUN cblr-1765 12 13     SPACE cblr-1765 12 14 in in ADP cblr-1765 12 15 re re PROPN cblr-1765 12 16 millennium millennium NOUN cblr-1765 12 17 global global ADJ cblr-1765 12 18 ( ( PUNCT cblr-1765 12 19 minority minority NOUN cblr-1765 12 20 approach approach NOUN cblr-1765 12 21 ) ) PUNCT cblr-1765 12 22 . . PUNCT cblr-1765 13 1 1089 1089 NUM cblr-1765 13 2     SPACE cblr-1765 13 3 c. c. NOUN cblr-1765 13 4     SPACE cblr-1765 13 5 in in ADP cblr-1765 13 6 re re PROPN cblr-1765 13 7 fairfield fairfield PROPN cblr-1765 13 8 sentry sentry PROPN cblr-1765 13 9 ( ( PUNCT cblr-1765 13 10 majority majority NOUN cblr-1765 13 11 approach approach NOUN cblr-1765 13 12 ) ) PUNCT cblr-1765 13 13 ...... ...... PUNCT cblr-1765 14 1 1095 1095 NUM cblr-1765 14 2     SPACE cblr-1765 14 3 d. d. NOUN cblr-1765 14 4     SPACE cblr-1765 14 5 in in ADP cblr-1765 14 6 re re PROPN cblr-1765 14 7 fairfield fairfield PROPN cblr-1765 14 8 sentry sentry PROPN cblr-1765 14 9 in in ADP cblr-1765 14 10 the the DET cblr-1765 14 11 court court NOUN cblr-1765 14 12 of of ADP cblr-1765 14 13 appeals appeal NOUN cblr-1765 14 14 for for ADP cblr-1765 14 15 the the DET cblr-1765 14 16 second second ADJ cblr-1765 14 17 circuit circuit NOUN cblr-1765 14 18 ........................................ ........................................ PUNCT cblr-1765 14 19 1097 1097 NUM cblr-1765 14 20     SPACE cblr-1765 14 21 e. e. PROPN cblr-1765 14 22     SPACE cblr-1765 14 23 in in ADP cblr-1765 14 24 re re PROPN cblr-1765 14 25 suntech suntech PROPN cblr-1765 14 26 ...................................................... ...................................................... PROPN cblr-1765 14 27 1099 1099 NUM cblr-1765 14 28     SPACE cblr-1765 14 29 f. f. PROPN cblr-1765 14 30     SPACE cblr-1765 14 31 practical practical ADJ cblr-1765 14 32 benefits benefit NOUN cblr-1765 14 33 of of ADP cblr-1765 14 34 the the DET cblr-1765 14 35 in in ADP cblr-1765 14 36 re re PROPN cblr-1765 14 37 fairfield fairfield PROPN cblr-1765 14 38 sentry sentry PROPN cblr-1765 14 39 approach approach NOUN cblr-1765 14 40 ............................................................ ............................................................ PUNCT cblr-1765 14 41 1101 1101 NUM cblr-1765 14 42     SPACE cblr-1765 14 43 iv iv NUM cblr-1765 14 44 . . PUNCT cblr-1765 14 45     SPACE cblr-1765 14 46 problems problem NOUN cblr-1765 14 47 created create VERB cblr-1765 14 48 by by ADP cblr-1765 14 49 in in ADP cblr-1765 14 50 re re PROPN cblr-1765 14 51 fairfield fairfield PROPN cblr-1765 14 52 sentry sentry PROPN cblr-1765 14 53 and and CCONJ cblr-1765 14 54 two two NUM cblr-1765 14 55 solutions solution NOUN cblr-1765 14 56 ........................................................... ........................................................... PUNCT cblr-1765 14 57 1103 1103 NUM cblr-1765 14 58     SPACE cblr-1765 14 59 a. a. NOUN cblr-1765 14 60     SPACE cblr-1765 14 61 problems problem NOUN cblr-1765 14 62 created create VERB cblr-1765 14 63 by by ADP cblr-1765 14 64 in in ADP cblr-1765 14 65 re re PROPN cblr-1765 14 66 fairfield fairfield PROPN cblr-1765 14 67 sentry sentry PROPN cblr-1765 14 68 .... .... PUNCT cblr-1765 14 69 1103 1103 NUM cblr-1765 14 70     SPACE cblr-1765 14 71 b. b. NOUN cblr-1765 14 72     SPACE cblr-1765 14 73 solution solution NOUN cblr-1765 14 74 one one NUM cblr-1765 14 75 : : PUNCT cblr-1765 14 76 bad bad ADJ cblr-1765 14 77 faith faith NOUN cblr-1765 14 78 comi comi NOUN cblr-1765 14 79 manipulation manipulation NOUN cblr-1765 14 80 tests test NOUN cblr-1765 14 81 ................................................................... ................................................................... PUNCT cblr-1765 15 1 1107 1107 NUM cblr-1765 15 2     SPACE cblr-1765 15 3 c. c. NOUN cblr-1765 15 4     SPACE cblr-1765 15 5 solution solution NOUN cblr-1765 15 6 two two NUM cblr-1765 15 7 : : PUNCT cblr-1765 15 8 comi comi NOUN cblr-1765 15 9 selection selection NOUN cblr-1765 15 10 clauses clause NOUN cblr-1765 15 11 ............ ............ PUNCT cblr-1765 16 1 1111 1111 NUM cblr-1765 16 2     SPACE cblr-1765 16 3 v. v. NOUN cblr-1765 16 4     SPACE cblr-1765 16 5 conclusion conclusion NOUN cblr-1765 16 6 ................................................................ ................................................................ PUNCT cblr-1765 16 7 1118 1118 NUM cblr-1765 16 8     SPACE cblr-1765 16 9 i. i. NOUN cblr-1765 16 10 introduction introduction NOUN cblr-1765 16 11 the the DET cblr-1765 16 12 second second ADJ cblr-1765 16 13 circuit circuit NOUN cblr-1765 16 14 ’s ’s PART cblr-1765 16 15 recent recent ADJ cblr-1765 16 16 ruling ruling NOUN cblr-1765 16 17 in in ADP cblr-1765 16 18 in in ADP cblr-1765 16 19 re re PROPN cblr-1765 16 20 fairfield fairfield PROPN cblr-1765 16 21 sentry sentry PROPN cblr-1765 16 22 sends send VERB cblr-1765 16 23 a a DET cblr-1765 16 24 message message NOUN cblr-1765 16 25 to to ADP cblr-1765 16 26 debtors debtor NOUN cblr-1765 16 27 : : PUNCT cblr-1765 16 28 launch launch VERB cblr-1765 16 29 your your PRON cblr-1765 16 30 foreign foreign ADJ cblr-1765 16 31 insolvency insolvency NOUN cblr-1765 16 32 proceeding proceeding NOUN cblr-1765 16 33 wherever wherever SCONJ cblr-1765 16 34 you you PRON cblr-1765 16 35 want want VERB cblr-1765 16 36 and and CCONJ cblr-1765 16 37 worry worry VERB cblr-1765 16 38 about about ADP cblr-1765 16 39 u.s u.s PROPN cblr-1765 16 40 . . PROPN cblr-1765 16 41 courts court NOUN cblr-1765 16 42 ’ ' PUNCT cblr-1765 16 43 comi comi NOUN cblr-1765 16 44 analysis analysis NOUN cblr-1765 16 45 later later ADV cblr-1765 16 46 . . PUNCT cblr-1765 17 1 under under ADP cblr-1765 17 2 chapter chapter NOUN cblr-1765 17 3 15 15 NUM cblr-1765 17 4 of of ADP cblr-1765 17 5 the the DET cblr-1765 17 6 bankruptcy bankruptcy NOUN cblr-1765 17 7 code code PROPN cblr-1765 17 8 , , PUNCT cblr-1765 17 9 u.s u.s PROPN cblr-1765 17 10 . . PROPN cblr-1765 17 11 courts court NOUN cblr-1765 17 12 recognize recognize VERB cblr-1765 17 13 foreign foreign ADJ cblr-1765 17 14 insolvency insolvency NOUN cblr-1765 17 15 proceedings proceeding NOUN cblr-1765 17 16 as as ADV cblr-1765 17 17 long long ADV cblr-1765 17 18 as as SCONJ cblr-1765 17 19 they they PRON cblr-1765 17 20 are be AUX cblr-1765 17 21 based base VERB cblr-1765 17 22 in in ADP cblr-1765 17 23 the the DET cblr-1765 17 24 location location NOUN cblr-1765 17 25 of of ADP cblr-1765 17 26 the the DET cblr-1765 17 27 debtor debtor NOUN cblr-1765 17 28 ’s ’s PART cblr-1765 17 29 center center NOUN cblr-1765 17 30 of of ADP cblr-1765 17 31 main main ADJ cblr-1765 17 32 interests interest NOUN cblr-1765 17 33 ( ( PUNCT cblr-1765 17 34 “ " PUNCT cblr-1765 17 35 comi comi NOUN cblr-1765 17 36 ” " PUNCT cblr-1765 17 37 ) ) PUNCT cblr-1765 17 38 . . PUNCT cblr-1765 18 1 however however ADV cblr-1765 18 2 , , PUNCT cblr-1765 18 3 because because SCONJ cblr-1765 18 4 the the DET cblr-1765 18 5 bankruptcy bankruptcy NOUN cblr-1765 18 6 code code NOUN cblr-1765 18 7 does do AUX cblr-1765 18 8 not not PART cblr-1765 18 9 define define VERB cblr-1765 18 10 comi comi NOUN cblr-1765 18 11 , , PUNCT cblr-1765 18 12 courts court NOUN cblr-1765 18 13 have have AUX cblr-1765 18 14 faced face VERB cblr-1765 18 15 two two NUM cblr-1765 18 16 difficult difficult ADJ cblr-1765 18 17 questions question NOUN cblr-1765 18 18 — — PUNCT cblr-1765 18 19 what what PRON cblr-1765 18 20 factors factor NOUN cblr-1765 18 21 determine determine VERB cblr-1765 18 22 a a DET cblr-1765 18 23 company company NOUN cblr-1765 18 24 ’s ’s PART cblr-1765 18 25 comi comi NOUN cblr-1765 18 26 , , PUNCT cblr-1765 18 27 and and CCONJ cblr-1765 18 28 on on ADP cblr-1765 18 29 what what DET cblr-1765 18 30 point point NOUN cblr-1765 18 31 in in ADP cblr-1765 18 32 the the DET cblr-1765 18 33 company company NOUN cblr-1765 18 34 ’s ’s PART cblr-1765 18 35 lifetime lifetime NOUN cblr-1765 18 36 should should AUX cblr-1765 18 37 the the DET cblr-1765 18 38 court court NOUN cblr-1765 18 39 focus focus VERB cblr-1765 18 40 when when SCONJ cblr-1765 18 41 evaluating evaluate VERB cblr-1765 18 42 these these DET cblr-1765 18 43 factors factor NOUN cblr-1765 18 44 ? ? PUNCT cblr-1765 19 1 in in ADP cblr-1765 19 2 in in ADP cblr-1765 19 3 re re PROPN cblr-1765 19 4 fairfield fairfield PROPN cblr-1765 19 5 sentry sentry PROPN cblr-1765 19 6 , , PUNCT cblr-1765 19 7 the the DET cblr-1765 19 8 second second ADJ cblr-1765 19 9 circuit circuit NOUN cblr-1765 19 10 addressed address VERB cblr-1765 19 11 a a DET cblr-1765 19 12 split split NOUN cblr-1765 19 13 between between ADP cblr-1765 19 14 courts court NOUN cblr-1765 19 15 on on ADP cblr-1765 19 16 the the DET cblr-1765 19 17 latter latter ADJ cblr-1765 19 18 temporal temporal ADJ cblr-1765 19 19 issue issue NOUN cblr-1765 19 20 , , PUNCT cblr-1765 19 21 holding hold VERB cblr-1765 19 22 that that SCONJ cblr-1765 19 23 courts court NOUN cblr-1765 19 24 should should AUX cblr-1765 19 25 evaluate evaluate VERB cblr-1765 19 26 a a DET cblr-1765 19 27 debtor debtor NOUN cblr-1765 19 28 ’s ’s PART cblr-1765 19 29 comi comi NOUN cblr-1765 19 30 at at ADP cblr-1765 19 31 the the DET cblr-1765 19 32 time time NOUN cblr-1765 19 33 of of ADP cblr-1765 19 34 its its PRON cblr-1765 19 35 filing filing NOUN cblr-1765 19 36 a a DET cblr-1765 19 37 chapter chapter NOUN cblr-1765 19 38 15 15 NUM cblr-1765 19 39 petition petition NOUN cblr-1765 19 40 , , PUNCT cblr-1765 19 41 rather rather ADV cblr-1765 19 42 than than ADP cblr-1765 19 43 at at ADP cblr-1765 19 44 hallock hallock NOUN cblr-1765 19 45 – – PUNCT cblr-1765 20 1 final final ADJ cblr-1765 20 2 1076 1076 NUM cblr-1765 20 3 columbia columbia PROPN cblr-1765 20 4 business business NOUN cblr-1765 20 5 law law PROPN cblr-1765 20 6 review review NOUN cblr-1765 20 7 [ [ X cblr-1765 20 8 vol vol NOUN cblr-1765 20 9 . . NOUN cblr-1765 20 10 2015 2015 NUM cblr-1765 20 11 the the DET cblr-1765 20 12 earlier early ADJ cblr-1765 20 13 date date NOUN cblr-1765 20 14 of of ADP cblr-1765 20 15 its its PRON cblr-1765 20 16 commencing commencing NOUN cblr-1765 20 17 a a DET cblr-1765 20 18 foreign foreign ADJ cblr-1765 20 19 proceeding proceeding NOUN cblr-1765 20 20 . . PUNCT cblr-1765 21 1 unfortunately unfortunately ADV cblr-1765 21 2 , , PUNCT cblr-1765 21 3 this this DET cblr-1765 21 4 approach approach NOUN cblr-1765 21 5 has have VERB cblr-1765 21 6 the the DET cblr-1765 21 7 unintended unintended ADJ cblr-1765 21 8 effect effect NOUN cblr-1765 21 9 of of ADP cblr-1765 21 10 allowing allow VERB cblr-1765 21 11 companies company NOUN cblr-1765 21 12 to to PART cblr-1765 21 13 file file VERB cblr-1765 21 14 proceedings proceeding NOUN cblr-1765 21 15 in in ADP cblr-1765 21 16 the the DET cblr-1765 21 17 jurisdictions jurisdiction NOUN cblr-1765 21 18 most most ADV cblr-1765 21 19 friendly friendly ADJ cblr-1765 21 20 to to ADP cblr-1765 21 21 their their PRON cblr-1765 21 22 interests interest NOUN cblr-1765 21 23 and and CCONJ cblr-1765 21 24 to to PART cblr-1765 21 25 use use VERB cblr-1765 21 26 the the DET cblr-1765 21 27 extra extra ADJ cblr-1765 21 28 time time NOUN cblr-1765 21 29 to to PART cblr-1765 21 30 reestablish reestablish VERB cblr-1765 21 31 the the DET cblr-1765 21 32 locale locale NOUN cblr-1765 21 33 as as ADP cblr-1765 21 34 their their PRON cblr-1765 21 35 comi comi NOUN cblr-1765 21 36 for for ADP cblr-1765 21 37 recognition recognition NOUN cblr-1765 21 38 purposes purpose NOUN cblr-1765 21 39 . . PUNCT cblr-1765 22 1 this this DET cblr-1765 22 2 note note NOUN cblr-1765 22 3 argues argue VERB cblr-1765 22 4 that that SCONJ cblr-1765 22 5 the the DET cblr-1765 22 6 second second ADJ cblr-1765 22 7 circuit circuit NOUN cblr-1765 22 8 ’s ’s PART cblr-1765 22 9 ruling ruling NOUN cblr-1765 22 10 on on ADP cblr-1765 22 11 the the DET cblr-1765 22 12 temporality temporality NOUN cblr-1765 22 13 of of ADP cblr-1765 22 14 comi comi NOUN cblr-1765 22 15 determination determination NOUN cblr-1765 22 16 incentivizes incentivize VERB cblr-1765 22 17 forum forum NOUN cblr-1765 22 18 shopping shopping NOUN cblr-1765 22 19 and and CCONJ cblr-1765 22 20 necessitates necessitate VERB cblr-1765 22 21 corrective corrective ADJ cblr-1765 22 22 action action NOUN cblr-1765 22 23 . . PUNCT cblr-1765 23 1 part part PROPN cblr-1765 23 2 ii ii PROPN cblr-1765 23 3 identifies identify VERB cblr-1765 23 4 the the DET cblr-1765 23 5 key key ADJ cblr-1765 23 6 provisions provision NOUN cblr-1765 23 7 of of ADP cblr-1765 23 8 chapter chapter NOUN cblr-1765 23 9 15 15 NUM cblr-1765 23 10 for for ADP cblr-1765 23 11 the the DET cblr-1765 23 12 recognition recognition NOUN cblr-1765 23 13 process process NOUN cblr-1765 23 14 and and CCONJ cblr-1765 23 15 discusses discuss VERB cblr-1765 23 16 the the DET cblr-1765 23 17 substantive substantive ADJ cblr-1765 23 18 tests test NOUN cblr-1765 23 19 courts court NOUN cblr-1765 23 20 have have AUX cblr-1765 23 21 used use VERB cblr-1765 23 22 to to PART cblr-1765 23 23 determine determine VERB cblr-1765 23 24 a a DET cblr-1765 23 25 debtor debtor NOUN cblr-1765 23 26 ’s ’s PART cblr-1765 23 27 comi comi NOUN cblr-1765 23 28 . . PUNCT cblr-1765 24 1 part part NOUN cblr-1765 24 2 iii iii PROPN cblr-1765 24 3 compares compare VERB cblr-1765 24 4 the the DET cblr-1765 24 5 temporality temporality NOUN cblr-1765 24 6 standard standard NOUN cblr-1765 24 7 adopted adopt VERB cblr-1765 24 8 by by ADP cblr-1765 24 9 the the DET cblr-1765 24 10 second second ADJ cblr-1765 24 11 circuit circuit NOUN cblr-1765 24 12 in in ADP cblr-1765 24 13 in in ADP cblr-1765 24 14 re re PROPN cblr-1765 24 15 fairfield fairfield PROPN cblr-1765 24 16 sentry sentry PROPN cblr-1765 24 17 with with ADP cblr-1765 24 18 an an DET cblr-1765 24 19 alternative alternative ADJ cblr-1765 24 20 approach approach NOUN cblr-1765 24 21 used use VERB cblr-1765 24 22 in in ADP cblr-1765 24 23 in in ADP cblr-1765 24 24 re re PROPN cblr-1765 24 25 millennium millennium NOUN cblr-1765 24 26 global global ADJ cblr-1765 24 27 , , PUNCT cblr-1765 24 28 identifying identify VERB cblr-1765 24 29 the the DET cblr-1765 24 30 advantages advantage NOUN cblr-1765 24 31 and and CCONJ cblr-1765 24 32 disadvantages disadvantage NOUN cblr-1765 24 33 of of ADP cblr-1765 24 34 each each DET cblr-1765 24 35 approach approach NOUN cblr-1765 24 36 . . PUNCT cblr-1765 25 1 part part NOUN cblr-1765 25 2 iv iv NUM cblr-1765 25 3 proposes propose VERB cblr-1765 25 4 solutions solution NOUN cblr-1765 25 5 to to PART cblr-1765 25 6 mitigate mitigate VERB cblr-1765 25 7 the the DET cblr-1765 25 8 drawbacks drawback NOUN cblr-1765 25 9 of of ADP cblr-1765 25 10 the the DET cblr-1765 25 11 in in ADP cblr-1765 25 12 re re PROPN cblr-1765 25 13 fairfield fairfield PROPN cblr-1765 25 14 sentry sentry PROPN cblr-1765 25 15 approach approach NOUN cblr-1765 25 16 . . PUNCT cblr-1765 26 1 ii ii PROPN cblr-1765 26 2 . . PUNCT cblr-1765 26 3 historical historical ADJ cblr-1765 26 4 background background NOUN cblr-1765 26 5 and and CCONJ cblr-1765 26 6 recent recent ADJ cblr-1765 26 7 developments development NOUN cblr-1765 26 8 a. a. NOUN cblr-1765 26 9 text text NOUN cblr-1765 26 10 , , PUNCT cblr-1765 26 11 legislative legislative ADJ cblr-1765 26 12 history history NOUN cblr-1765 26 13 , , PUNCT cblr-1765 26 14 and and CCONJ cblr-1765 26 15 purpose purpose NOUN cblr-1765 26 16 of of ADP cblr-1765 26 17 chapter chapter NOUN cblr-1765 26 18 15 15 NUM cblr-1765 26 19 ’s ’s PART cblr-1765 26 20 center center NOUN cblr-1765 26 21 of of ADP cblr-1765 26 22 main main ADJ cblr-1765 26 23 interests interest NOUN cblr-1765 26 24 ( ( PUNCT cblr-1765 26 25 comi comi NOUN cblr-1765 26 26 ) ) PUNCT cblr-1765 26 27 analysis analysis NOUN cblr-1765 26 28 enacted enact VERB cblr-1765 26 29 as as ADP cblr-1765 26 30 part part NOUN cblr-1765 26 31 of of ADP cblr-1765 26 32 the the DET cblr-1765 26 33 bankruptcy bankruptcy NOUN cblr-1765 26 34 abuse abuse NOUN cblr-1765 26 35 prevention prevention NOUN cblr-1765 26 36 and and CCONJ cblr-1765 26 37 consumer consumer NOUN cblr-1765 26 38 protection protection PROPN cblr-1765 26 39 act act NOUN cblr-1765 26 40 of of ADP cblr-1765 26 41 2005 2005 NUM cblr-1765 26 42 , , PUNCT cblr-1765 26 43 chapter chapter NOUN cblr-1765 26 44 15 15 NUM cblr-1765 26 45 of of ADP cblr-1765 26 46 the the DET cblr-1765 26 47 united united PROPN cblr-1765 26 48 states states PROPN cblr-1765 26 49 bankruptcy bankruptcy PROPN cblr-1765 26 50 code code PROPN cblr-1765 26 51 replaced replace VERB cblr-1765 26 52 11 11 NUM cblr-1765 26 53 u.s.c u.s.c NOUN cblr-1765 26 54 . . PUNCT cblr-1765 27 1 § § PROPN cblr-1765 27 2 304 304 NUM cblr-1765 27 3 as as ADP cblr-1765 27 4 the the DET cblr-1765 27 5 mechanism mechanism NOUN cblr-1765 27 6 for for SCONJ cblr-1765 27 7 u.s u.s PROPN cblr-1765 27 8 . . PROPN cblr-1765 27 9 courts court NOUN cblr-1765 27 10 to to PART cblr-1765 27 11 administer administer VERB cblr-1765 27 12 cross cross ADJ cblr-1765 27 13 - - ADJ cblr-1765 27 14 border border ADJ cblr-1765 27 15 insolvencies.1 insolvencies.1 NOUN cblr-1765 27 16 the the DET cblr-1765 27 17 primary primary ADJ cblr-1765 27 18 purposes purpose NOUN cblr-1765 27 19 behind behind ADP cblr-1765 27 20 the the DET cblr-1765 27 21 adoption adoption NOUN cblr-1765 27 22 of of ADP cblr-1765 27 23 chapter chapter NOUN cblr-1765 27 24 15 15 NUM cblr-1765 27 25 were be AUX cblr-1765 27 26 to to PART cblr-1765 27 27 bolster bolster VERB cblr-1765 27 28 cooperation cooperation NOUN cblr-1765 27 29 between between ADP cblr-1765 27 30 u.s u.s PROPN cblr-1765 27 31 . . PROPN cblr-1765 27 32 and and CCONJ cblr-1765 27 33 foreign foreign ADJ cblr-1765 27 34 courts court NOUN cblr-1765 27 35 in in ADP cblr-1765 27 36 cross cross ADJ cblr-1765 27 37 - - ADJ cblr-1765 27 38 border border ADJ cblr-1765 27 39 cases case NOUN cblr-1765 27 40 , , PUNCT cblr-1765 27 41 increase increase VERB cblr-1765 27 42 legal legal ADJ cblr-1765 27 43 certainty certainty NOUN cblr-1765 27 44 for for ADP cblr-1765 27 45 trade trade NOUN cblr-1765 27 46 and and CCONJ cblr-1765 27 47 investment investment NOUN cblr-1765 27 48 , , PUNCT cblr-1765 27 49 protect protect VERB cblr-1765 27 50 the the DET cblr-1765 27 51 interests interest NOUN cblr-1765 27 52 of of ADP cblr-1765 27 53 involved involved ADJ cblr-1765 27 54 parties party NOUN cblr-1765 27 55 , , PUNCT cblr-1765 27 56 and and CCONJ cblr-1765 27 57 facilitate facilitate VERB cblr-1765 27 58 the the DET cblr-1765 27 59 rescue rescue NOUN cblr-1765 27 60 of of ADP cblr-1765 27 61 financially financially ADV cblr-1765 27 62 troubled troubled ADJ cblr-1765 27 63 businesses.2 businesses.2 NOUN cblr-1765 27 64 in in ADP cblr-1765 27 65 line line NOUN cblr-1765 27 66 with with ADP cblr-1765 27 67 these these DET cblr-1765 27 68 goals goal NOUN cblr-1765 27 69 , , PUNCT cblr-1765 27 70 chapter chapter NOUN cblr-1765 27 71 15 15 NUM cblr-1765 27 72 provides provide VERB cblr-1765 27 73 “ " PUNCT cblr-1765 27 74 an an DET cblr-1765 27 75 1 1 NUM cblr-1765 27 76 in in ADP cblr-1765 27 77 re re PROPN cblr-1765 27 78 british british PROPN cblr-1765 27 79 am be AUX cblr-1765 27 80 . . PUNCT cblr-1765 28 1 ins ins PROPN cblr-1765 28 2 . . PUNCT cblr-1765 28 3 co. co. PROPN cblr-1765 28 4 ltd ltd PROPN cblr-1765 28 5 . . PROPN cblr-1765 28 6 , , PUNCT cblr-1765 28 7 488 488 NUM cblr-1765 28 8 b.r b.r PROPN cblr-1765 28 9 . . PROPN cblr-1765 28 10 205 205 NUM cblr-1765 28 11 , , PUNCT cblr-1765 28 12 211 211 NUM cblr-1765 28 13 ( ( PUNCT cblr-1765 28 14 bankr bankr PROPN cblr-1765 28 15 . . PUNCT cblr-1765 29 1 s.d s.d PROPN cblr-1765 29 2 . . PROPN cblr-1765 29 3 fla fla PROPN cblr-1765 29 4 . . PUNCT cblr-1765 29 5 2013 2013 NUM cblr-1765 29 6 ) ) PUNCT cblr-1765 29 7 . . PUNCT cblr-1765 30 1 2 2 NUM cblr-1765 30 2 see see VERB cblr-1765 30 3 11 11 NUM cblr-1765 30 4 u.s.c u.s.c ADJ cblr-1765 30 5 . . PUNCT cblr-1765 31 1 § § PROPN cblr-1765 31 2 1501(a 1501(a NUM cblr-1765 31 3 ) ) PUNCT cblr-1765 31 4 ( ( PUNCT cblr-1765 31 5 2012 2012 NUM cblr-1765 31 6 ) ) PUNCT cblr-1765 31 7 . . PUNCT cblr-1765 32 1 hallock hallock PROPN cblr-1765 32 2 – – PUNCT cblr-1765 32 3 final final ADJ cblr-1765 32 4 no no NOUN cblr-1765 32 5 . . PUNCT cblr-1765 33 1 3:1074 3:1074 NUM cblr-1765 33 2 ] ] PUNCT cblr-1765 33 3 time time NOUN cblr-1765 33 4 out out ADP cblr-1765 33 5 1077 1077 NUM cblr-1765 33 6 ancillary ancillary ADJ cblr-1765 33 7 procedure procedure NOUN cblr-1765 33 8 to to PART cblr-1765 33 9 recognize recognize VERB cblr-1765 33 10 and and CCONJ cblr-1765 33 11 assist assist VERB cblr-1765 33 12 insolvency insolvency NOUN cblr-1765 33 13 proceedings proceeding NOUN cblr-1765 33 14 headquartered headquarter VERB cblr-1765 33 15 elsewhere elsewhere ADV cblr-1765 33 16 . . PUNCT cblr-1765 33 17 ”3 ”3 PUNCT cblr-1765 33 18 accordingly accordingly ADV cblr-1765 33 19 , , PUNCT cblr-1765 33 20 recognition recognition NOUN cblr-1765 33 21 of of ADP cblr-1765 33 22 a a DET cblr-1765 33 23 foreign foreign ADJ cblr-1765 33 24 proceeding proceeding NOUN cblr-1765 33 25 under under ADP cblr-1765 33 26 chapter chapter NOUN cblr-1765 33 27 15 15 NUM cblr-1765 33 28 allows allow VERB cblr-1765 33 29 debtors debtor NOUN cblr-1765 33 30 to to PART cblr-1765 33 31 obtain obtain VERB cblr-1765 33 32 access access NOUN cblr-1765 33 33 to to ADP cblr-1765 33 34 crucial crucial ADJ cblr-1765 33 35 protections protection NOUN cblr-1765 33 36 of of ADP cblr-1765 33 37 the the DET cblr-1765 33 38 u.s u.s PROPN cblr-1765 33 39 . . PROPN cblr-1765 33 40 bankruptcy bankruptcy PROPN cblr-1765 33 41 code code PROPN cblr-1765 33 42 , , PUNCT cblr-1765 33 43 such such ADJ cblr-1765 33 44 as as ADP cblr-1765 33 45 discovery discovery NOUN cblr-1765 33 46 and and CCONJ cblr-1765 33 47 staying staying NOUN cblr-1765 33 48 execution execution NOUN cblr-1765 33 49 against against ADP cblr-1765 33 50 assets.4 assets.4 PROPN cblr-1765 33 51 under under ADP cblr-1765 33 52 § § PROPN cblr-1765 33 53 1504 1504 NUM cblr-1765 33 54 , , PUNCT cblr-1765 33 55 a a DET cblr-1765 33 56 chapter chapter NOUN cblr-1765 33 57 15 15 NUM cblr-1765 33 58 case case NOUN cblr-1765 33 59 is be AUX cblr-1765 33 60 commenced commence VERB cblr-1765 33 61 , , PUNCT cblr-1765 33 62 like like ADP cblr-1765 33 63 bankruptcy bankruptcy NOUN cblr-1765 33 64 cases case NOUN cblr-1765 33 65 under under ADP cblr-1765 33 66 other other ADJ cblr-1765 33 67 chapters chapter NOUN cblr-1765 33 68 , , PUNCT cblr-1765 33 69 by by ADP cblr-1765 33 70 the the DET cblr-1765 33 71 filing filing NOUN cblr-1765 33 72 of of ADP cblr-1765 33 73 a a DET cblr-1765 33 74 petition.5 petition.5 PROPN cblr-1765 33 75 however however ADV cblr-1765 33 76 , , PUNCT cblr-1765 33 77 rather rather ADV cblr-1765 33 78 than than ADP cblr-1765 33 79 an an DET cblr-1765 33 80 order order NOUN cblr-1765 33 81 for for ADP cblr-1765 33 82 relief relief NOUN cblr-1765 33 83 , , PUNCT cblr-1765 33 84 a a DET cblr-1765 33 85 chapter chapter NOUN cblr-1765 33 86 15 15 NUM cblr-1765 33 87 petition petition NOUN cblr-1765 33 88 may may AUX cblr-1765 33 89 be be AUX cblr-1765 33 90 described describe VERB cblr-1765 33 91 as as ADP cblr-1765 33 92 a a DET cblr-1765 33 93 request request NOUN cblr-1765 33 94 for for ADP cblr-1765 33 95 recognition recognition NOUN cblr-1765 33 96 of of ADP cblr-1765 33 97 a a DET cblr-1765 33 98 foreign foreign ADJ cblr-1765 33 99 proceeding.6 proceeding.6 NOUN cblr-1765 33 100 in in ADP cblr-1765 33 101 this this DET cblr-1765 33 102 sense sense NOUN cblr-1765 33 103 , , PUNCT cblr-1765 33 104 the the DET cblr-1765 33 105 first first ADJ cblr-1765 33 106 issue issue NOUN cblr-1765 33 107 to to PART cblr-1765 33 108 be be AUX cblr-1765 33 109 dealt deal VERB cblr-1765 33 110 with with ADP cblr-1765 33 111 in in ADP cblr-1765 33 112 the the DET cblr-1765 33 113 administration administration NOUN cblr-1765 33 114 of of ADP cblr-1765 33 115 a a DET cblr-1765 33 116 chapter chapter NOUN cblr-1765 33 117 15 15 NUM cblr-1765 33 118 case case NOUN cblr-1765 33 119 is be AUX cblr-1765 33 120 “ " PUNCT cblr-1765 33 121 whether whether SCONJ cblr-1765 33 122 a a DET cblr-1765 33 123 debtor debtor NOUN cblr-1765 33 124 ’s ’s PART cblr-1765 33 125 foreign foreign ADJ cblr-1765 33 126 insolvency insolvency NOUN cblr-1765 33 127 proceeding proceeding NOUN cblr-1765 33 128 can can AUX cblr-1765 33 129 be be AUX cblr-1765 33 130 recognized recognize VERB cblr-1765 33 131 , , PUNCT cblr-1765 33 132 a a DET cblr-1765 33 133 prerequisite prerequisite NOUN cblr-1765 33 134 to to ADP cblr-1765 33 135 the the DET cblr-1765 33 136 debtor debtor NOUN cblr-1765 33 137 ’s ’s PART cblr-1765 33 138 entitlement entitlement NOUN cblr-1765 33 139 to to ADP cblr-1765 33 140 chapter chapter NOUN cblr-1765 33 141 15 15 NUM cblr-1765 33 142 ’s ’s PART cblr-1765 33 143 various various ADJ cblr-1765 33 144 forms form NOUN cblr-1765 33 145 of of ADP cblr-1765 33 146 relief relief NOUN cblr-1765 33 147 . . PUNCT cblr-1765 33 148 ”7 ”7 X cblr-1765 34 1 3 3 NUM cblr-1765 34 2 jay jay PROPN cblr-1765 34 3 lawrence lawrence PROPN cblr-1765 34 4 westbrook westbrook PROPN cblr-1765 34 5 , , PUNCT cblr-1765 34 6 chapter chapter NOUN cblr-1765 34 7 15 15 NUM cblr-1765 34 8 comes come VERB cblr-1765 34 9 of of ADP cblr-1765 34 10 age age NOUN cblr-1765 34 11 , , PUNCT cblr-1765 34 12 129 129 NUM cblr-1765 34 13 ann ann PROPN cblr-1765 34 14 . . PUNCT cblr-1765 35 1 rev rev PROPN cblr-1765 35 2 . . PROPN cblr-1765 35 3 insolvency insolvency PROPN cblr-1765 35 4 l. l. PROPN cblr-1765 35 5 173 173 NUM cblr-1765 35 6 , , PUNCT cblr-1765 35 7 173–74 173–74 NUM cblr-1765 35 8 ( ( PUNCT cblr-1765 35 9 2013 2013 NUM cblr-1765 35 10 ) ) PUNCT cblr-1765 35 11 . . PUNCT cblr-1765 36 1 4 4 NUM cblr-1765 36 2 11 11 NUM cblr-1765 36 3 u.s.c u.s.c NOUN cblr-1765 36 4 . . PUNCT cblr-1765 37 1 § § PROPN cblr-1765 37 2 1521 1521 NUM cblr-1765 37 3 ( ( PUNCT cblr-1765 37 4 2012 2012 NUM cblr-1765 37 5 ) ) PUNCT cblr-1765 37 6 . . PUNCT cblr-1765 38 1 5 5 NUM cblr-1765 38 2 11 11 NUM cblr-1765 38 3 u.s.c u.s.c NOUN cblr-1765 38 4 . . PUNCT cblr-1765 39 1 § § PROPN cblr-1765 39 2 1504 1504 NUM cblr-1765 39 3 ( ( PUNCT cblr-1765 39 4 2012 2012 NUM cblr-1765 39 5 ) ) PUNCT cblr-1765 39 6 ( ( PUNCT cblr-1765 39 7 “ " PUNCT cblr-1765 39 8 a a DET cblr-1765 39 9 case case NOUN cblr-1765 39 10 under under ADP cblr-1765 39 11 this this DET cblr-1765 39 12 chapter chapter NOUN cblr-1765 39 13 is be AUX cblr-1765 39 14 commenced commence VERB cblr-1765 39 15 by by ADP cblr-1765 39 16 the the DET cblr-1765 39 17 filing filing NOUN cblr-1765 39 18 of of ADP cblr-1765 39 19 a a DET cblr-1765 39 20 petition petition NOUN cblr-1765 39 21 for for ADP cblr-1765 39 22 recognition recognition NOUN cblr-1765 39 23 of of ADP cblr-1765 39 24 a a DET cblr-1765 39 25 foreign foreign ADJ cblr-1765 39 26 proceeding proceeding NOUN cblr-1765 39 27 under under ADP cblr-1765 39 28 section section NOUN cblr-1765 39 29 1515 1515 NUM cblr-1765 39 30 . . PUNCT cblr-1765 39 31 ” " PUNCT cblr-1765 39 32 ) ) PUNCT cblr-1765 39 33 ; ; PUNCT cblr-1765 39 34 11 11 NUM cblr-1765 39 35 u.s.c u.s.c NOUN cblr-1765 39 36 . . PUNCT cblr-1765 40 1 § § PROPN cblr-1765 40 2 1509(a 1509(a NUM cblr-1765 40 3 ) ) PUNCT cblr-1765 41 1 ( ( PUNCT cblr-1765 41 2 “ " PUNCT cblr-1765 41 3 a a DET cblr-1765 41 4 foreign foreign ADJ cblr-1765 41 5 representative representative NOUN cblr-1765 41 6 may may AUX cblr-1765 41 7 commence commence VERB cblr-1765 41 8 a a DET cblr-1765 41 9 case case NOUN cblr-1765 41 10 under under ADP cblr-1765 41 11 section section NOUN cblr-1765 41 12 1504 1504 NUM cblr-1765 41 13 by by ADP cblr-1765 41 14 filing file VERB cblr-1765 41 15 directly directly ADV cblr-1765 41 16 with with ADP cblr-1765 41 17 the the DET cblr-1765 41 18 court court NOUN cblr-1765 41 19 a a DET cblr-1765 41 20 petition petition NOUN cblr-1765 41 21 for for ADP cblr-1765 41 22 recognition recognition NOUN cblr-1765 41 23 of of ADP cblr-1765 41 24 a a DET cblr-1765 41 25 foreign foreign ADJ cblr-1765 41 26 proceeding proceeding NOUN cblr-1765 41 27 under under ADP cblr-1765 41 28 section section NOUN cblr-1765 41 29 1515 1515 NUM cblr-1765 41 30 . . PUNCT cblr-1765 41 31 ” " PUNCT cblr-1765 41 32 ) ) PUNCT cblr-1765 41 33 ; ; PUNCT cblr-1765 41 34 11 11 NUM cblr-1765 41 35 u.s.c u.s.c NOUN cblr-1765 41 36 . . PUNCT cblr-1765 42 1 § § PROPN cblr-1765 42 2 1515 1515 NUM cblr-1765 42 3 ( ( PUNCT cblr-1765 42 4 enumerating enumerate VERB cblr-1765 42 5 the the DET cblr-1765 42 6 documents document NOUN cblr-1765 42 7 that that PRON cblr-1765 42 8 must must AUX cblr-1765 42 9 accompany accompany VERB cblr-1765 42 10 a a DET cblr-1765 42 11 chapter chapter NOUN cblr-1765 42 12 15 15 NUM cblr-1765 42 13 petition petition NOUN cblr-1765 42 14 ) ) PUNCT cblr-1765 42 15 ; ; PUNCT cblr-1765 42 16 in in ADP cblr-1765 42 17 re re X cblr-1765 42 18 british british PROPN cblr-1765 42 19 am be AUX cblr-1765 42 20 . . PUNCT cblr-1765 43 1 ins ins PROPN cblr-1765 43 2 . . PUNCT cblr-1765 43 3 co. co. PROPN cblr-1765 43 4 , , PUNCT cblr-1765 43 5 488 488 NUM cblr-1765 43 6 b.r b.r PROPN cblr-1765 43 7 . . PROPN cblr-1765 43 8 at at ADP cblr-1765 43 9 213 213 NUM cblr-1765 43 10 ( ( PUNCT cblr-1765 43 11 “ " PUNCT cblr-1765 43 12 a a DET cblr-1765 43 13 person person NOUN cblr-1765 43 14 seeking seek VERB cblr-1765 43 15 recognition recognition NOUN cblr-1765 43 16 of of ADP cblr-1765 43 17 a a DET cblr-1765 43 18 proceeding proceeding NOUN cblr-1765 43 19 in in ADP cblr-1765 43 20 a a DET cblr-1765 43 21 foreign foreign ADJ cblr-1765 43 22 country country NOUN cblr-1765 43 23 must must AUX cblr-1765 43 24 file file VERB cblr-1765 43 25 a a DET cblr-1765 43 26 petition petition NOUN cblr-1765 43 27 for for ADP cblr-1765 43 28 recognition recognition NOUN cblr-1765 43 29 under under ADP cblr-1765 43 30 sections section NOUN cblr-1765 43 31 1504 1504 NUM cblr-1765 43 32 , , PUNCT cblr-1765 43 33 1509 1509 NUM cblr-1765 43 34 , , PUNCT cblr-1765 43 35 and and CCONJ cblr-1765 43 36 1515 1515 NUM cblr-1765 43 37 . . PUNCT cblr-1765 43 38 ” " PUNCT cblr-1765 43 39 ) ) PUNCT cblr-1765 43 40 ; ; PUNCT cblr-1765 43 41 douglas douglas PROPN cblr-1765 43 42 e. e. PROPN cblr-1765 43 43 deutsch deutsch PROPN cblr-1765 43 44 & & CCONJ cblr-1765 43 45 francisco francisco PROPN cblr-1765 43 46 vazquez vazquez PROPN cblr-1765 43 47 , , PUNCT cblr-1765 43 48 introduction introduction NOUN cblr-1765 43 49 to to ADP cblr-1765 43 50 recognition recognition NOUN cblr-1765 43 51 under under ADP cblr-1765 43 52 chapter chapter NOUN cblr-1765 43 53 15 15 NUM cblr-1765 43 54 , , PUNCT cblr-1765 43 55 am be AUX cblr-1765 43 56 . . PUNCT cblr-1765 44 1 bankr bankr PROPN cblr-1765 44 2 . . PUNCT cblr-1765 45 1 inst inst PROPN cblr-1765 45 2 . . PUNCT cblr-1765 46 1 j. j. PROPN cblr-1765 46 2 , , PUNCT cblr-1765 46 3 may may PROPN cblr-1765 46 4 2010 2010 NUM cblr-1765 46 5 , , PUNCT cblr-1765 46 6 at at ADP cblr-1765 46 7 46 46 NUM cblr-1765 46 8 , , PUNCT cblr-1765 46 9 46 46 NUM cblr-1765 46 10 ( ( PUNCT cblr-1765 46 11 “ " PUNCT cblr-1765 46 12 a a DET cblr-1765 46 13 case case NOUN cblr-1765 46 14 under under ADP cblr-1765 46 15 chapter chapter NOUN cblr-1765 46 16 15 15 NUM cblr-1765 46 17 is be AUX cblr-1765 46 18 commenced commence VERB cblr-1765 46 19 , , PUNCT cblr-1765 46 20 like like ADP cblr-1765 46 21 other other ADJ cblr-1765 46 22 bankruptcy bankruptcy NOUN cblr-1765 46 23 cases case NOUN cblr-1765 46 24 , , PUNCT cblr-1765 46 25 by by ADP cblr-1765 46 26 the the DET cblr-1765 46 27 filing filing NOUN cblr-1765 46 28 of of ADP cblr-1765 46 29 a a DET cblr-1765 46 30 petition petition NOUN cblr-1765 46 31 . . PUNCT cblr-1765 46 32 ” " PUNCT cblr-1765 46 33 ) ) PUNCT cblr-1765 46 34 . . PUNCT cblr-1765 47 1 6 6 NUM cblr-1765 47 2 11 11 NUM cblr-1765 47 3 u.s.c u.s.c NOUN cblr-1765 47 4 . . PUNCT cblr-1765 48 1 § § PROPN cblr-1765 48 2 1502(7 1502(7 NUM cblr-1765 48 3 ) ) PUNCT cblr-1765 48 4 ( ( PUNCT cblr-1765 48 5 2012 2012 NUM cblr-1765 48 6 ) ) PUNCT cblr-1765 48 7 ( ( PUNCT cblr-1765 48 8 “ " PUNCT cblr-1765 48 9 ‘ ' PUNCT cblr-1765 48 10 [ [ X cblr-1765 48 11 r]ecognition r]ecognition NOUN cblr-1765 48 12 ’ ' PUNCT cblr-1765 48 13 means mean VERB cblr-1765 48 14 the the DET cblr-1765 48 15 entry entry NOUN cblr-1765 48 16 of of ADP cblr-1765 48 17 an an DET cblr-1765 48 18 order order NOUN cblr-1765 48 19 granting grant VERB cblr-1765 48 20 recognition recognition NOUN cblr-1765 48 21 of of ADP cblr-1765 48 22 a a DET cblr-1765 48 23 foreign foreign ADJ cblr-1765 48 24 main main ADJ cblr-1765 48 25 proceeding proceeding NOUN cblr-1765 48 26 or or CCONJ cblr-1765 48 27 foreign foreign ADJ cblr-1765 48 28 nonmain nonmain NOUN cblr-1765 48 29 proceeding proceed VERB cblr-1765 48 30 under under ADP cblr-1765 48 31 this this DET cblr-1765 48 32 chapter chapter NOUN cblr-1765 48 33 . . PUNCT cblr-1765 48 34 ” " PUNCT cblr-1765 48 35 ) ) PUNCT cblr-1765 48 36 ; ; PUNCT cblr-1765 48 37 deutsch deutsch PROPN cblr-1765 48 38 & & CCONJ cblr-1765 48 39 vazquez vazquez PROPN cblr-1765 48 40 , , PUNCT cblr-1765 48 41 supra supra PROPN cblr-1765 48 42 note note PROPN cblr-1765 48 43 5 5 NUM cblr-1765 48 44 , , PUNCT cblr-1765 48 45 at at ADP cblr-1765 48 46 46 46 NUM cblr-1765 48 47 ( ( PUNCT cblr-1765 48 48 “ " PUNCT cblr-1765 48 49 although although SCONJ cblr-1765 48 50 a a DET cblr-1765 48 51 chapter chapter NOUN cblr-1765 48 52 15 15 NUM cblr-1765 48 53 petition petition NOUN cblr-1765 48 54 may may AUX cblr-1765 48 55 look look VERB cblr-1765 48 56 like like ADP cblr-1765 48 57 any any DET cblr-1765 48 58 other other ADJ cblr-1765 48 59 bankruptcy bankruptcy NOUN cblr-1765 48 60 petition petition NOUN cblr-1765 48 61 , , PUNCT cblr-1765 48 62 it it PRON cblr-1765 48 63 has have VERB cblr-1765 48 64 a a DET cblr-1765 48 65 much much ADV cblr-1765 48 66 more more ADV cblr-1765 48 67 limited limited ADJ cblr-1765 48 68 effect effect NOUN cblr-1765 48 69 than than ADP cblr-1765 48 70 a a DET cblr-1765 48 71 chapter chapter NOUN cblr-1765 48 72 7 7 NUM cblr-1765 48 73 , , PUNCT cblr-1765 48 74 11 11 NUM cblr-1765 48 75 or or CCONJ cblr-1765 48 76 13 13 NUM cblr-1765 48 77 petition petition NOUN cblr-1765 48 78 . . PUNCT cblr-1765 49 1 for for ADP cblr-1765 49 2 example example NOUN cblr-1765 49 3 , , PUNCT cblr-1765 49 4 a a DET cblr-1765 49 5 chapter chapter NOUN cblr-1765 49 6 15 15 NUM cblr-1765 49 7 petition petition NOUN cblr-1765 49 8 is be AUX cblr-1765 49 9 not not PART cblr-1765 49 10 an an DET cblr-1765 49 11 ‘ ' PUNCT cblr-1765 49 12 order order NOUN cblr-1765 49 13 for for ADP cblr-1765 49 14 relief relief NOUN cblr-1765 49 15 ’ ' PUNCT cblr-1765 49 16 and and CCONJ cblr-1765 49 17 does do AUX cblr-1765 49 18 not not PART cblr-1765 49 19 result result VERB cblr-1765 49 20 in in ADP cblr-1765 49 21 the the DET cblr-1765 49 22 imposition imposition NOUN cblr-1765 49 23 of of ADP cblr-1765 49 24 the the DET cblr-1765 49 25 automatic automatic ADJ cblr-1765 49 26 stay stay NOUN cblr-1765 49 27 . . PUNCT cblr-1765 50 1 moreover moreover ADV cblr-1765 50 2 , , PUNCT cblr-1765 50 3 the the DET cblr-1765 50 4 filing filing NOUN cblr-1765 50 5 of of ADP cblr-1765 50 6 a a DET cblr-1765 50 7 chapter chapter NOUN cblr-1765 50 8 15 15 NUM cblr-1765 50 9 petition petition NOUN cblr-1765 50 10 does do AUX cblr-1765 50 11 not not PART cblr-1765 50 12 create create VERB cblr-1765 50 13 a a DET cblr-1765 50 14 bankruptcy bankruptcy NOUN cblr-1765 50 15 estate estate NOUN cblr-1765 50 16 under under ADP cblr-1765 50 17 § § PROPN cblr-1765 50 18 541 541 NUM cblr-1765 50 19 of of ADP cblr-1765 50 20 the the DET cblr-1765 50 21 bankruptcy bankruptcy NOUN cblr-1765 50 22 code code PROPN cblr-1765 50 23 . . PUNCT cblr-1765 50 24 ” " PUNCT cblr-1765 50 25 ) ) PUNCT cblr-1765 50 26 . . PUNCT cblr-1765 51 1 7 7 NUM cblr-1765 51 2 william william PROPN cblr-1765 51 3 t. t. PROPN cblr-1765 51 4 reid reid PROPN cblr-1765 51 5 & & CCONJ cblr-1765 51 6 r. r. PROPN cblr-1765 51 7 adam adam PROPN cblr-1765 51 8 swick swick PROPN cblr-1765 51 9 , , PUNCT cblr-1765 51 10 second second ADJ cblr-1765 51 11 circuit circuit NOUN cblr-1765 51 12 clarifies clarify VERB cblr-1765 51 13 chapter chapter NOUN cblr-1765 51 14 15 15 NUM cblr-1765 51 15 comi comi NOUN cblr-1765 51 16 analysis analysis NOUN cblr-1765 51 17 , , PUNCT cblr-1765 51 18 am be AUX cblr-1765 51 19 . . PUNCT cblr-1765 52 1 bankr bankr PROPN cblr-1765 52 2 . . PUNCT cblr-1765 53 1 inst inst PROPN cblr-1765 53 2 . . PUNCT cblr-1765 54 1 j. j. PROPN cblr-1765 54 2 , , PUNCT cblr-1765 54 3 july july PROPN cblr-1765 54 4 2013 2013 NUM cblr-1765 54 5 , , PUNCT cblr-1765 54 6 at at ADP cblr-1765 54 7 54 54 NUM cblr-1765 54 8 , , PUNCT cblr-1765 54 9 54 54 NUM cblr-1765 54 10 . . PUNCT cblr-1765 55 1 hallock hallock NOUN cblr-1765 55 2 – – PUNCT cblr-1765 55 3 final final ADJ cblr-1765 55 4 1078 1078 NUM cblr-1765 55 5 columbia columbia PROPN cblr-1765 55 6 business business NOUN cblr-1765 55 7 law law PROPN cblr-1765 55 8 review review NOUN cblr-1765 55 9 [ [ X cblr-1765 55 10 vol vol NOUN cblr-1765 55 11 . . NOUN cblr-1765 55 12 2015 2015 NUM cblr-1765 55 13 the the DET cblr-1765 55 14 substantive substantive ADJ cblr-1765 55 15 test test NOUN cblr-1765 55 16 for for ADP cblr-1765 55 17 recognition recognition NOUN cblr-1765 55 18 is be AUX cblr-1765 55 19 found find VERB cblr-1765 55 20 in in ADP cblr-1765 55 21 § § PROPN cblr-1765 55 22 1517 1517 NUM cblr-1765 55 23 : : PUNCT cblr-1765 56 1 [ [ X cblr-1765 56 2 a]n a]n NOUN cblr-1765 56 3 order order NOUN cblr-1765 56 4 recognizing recognize VERB cblr-1765 56 5 a a DET cblr-1765 56 6 foreign foreign ADJ cblr-1765 56 7 proceeding proceeding NOUN cblr-1765 56 8 shall shall AUX cblr-1765 56 9 be be AUX cblr-1765 56 10 entered enter VERB cblr-1765 56 11 if if SCONJ cblr-1765 56 12 ( ( PUNCT cblr-1765 56 13 1 1 X cblr-1765 56 14 ) ) PUNCT cblr-1765 56 15 such such ADJ cblr-1765 56 16 foreign foreign ADJ cblr-1765 56 17 proceeding proceeding NOUN cblr-1765 56 18 for for ADP cblr-1765 56 19 which which DET cblr-1765 56 20 recognition recognition NOUN cblr-1765 56 21 is be AUX cblr-1765 56 22 sought seek VERB cblr-1765 56 23 is be AUX cblr-1765 56 24 a a DET cblr-1765 56 25 foreign foreign ADJ cblr-1765 56 26 main main ADJ cblr-1765 56 27 proceeding proceeding NOUN cblr-1765 56 28 or or CCONJ cblr-1765 56 29 foreign foreign ADJ cblr-1765 56 30 nonmain nonmain NOUN cblr-1765 56 31 proceeding proceed VERB cblr-1765 56 32 within within ADP cblr-1765 56 33 the the DET cblr-1765 56 34 meaning meaning NOUN cblr-1765 56 35 of of ADP cblr-1765 56 36 section section NOUN cblr-1765 56 37 1502 1502 NUM cblr-1765 56 38 ; ; PUNCT cblr-1765 56 39 ( ( PUNCT cblr-1765 56 40 2 2 X cblr-1765 56 41 ) ) PUNCT cblr-1765 56 42 the the DET cblr-1765 56 43 foreign foreign ADJ cblr-1765 56 44 representative representative NOUN cblr-1765 56 45 applying apply VERB cblr-1765 56 46 for for ADP cblr-1765 56 47 recognition recognition NOUN cblr-1765 56 48 is be AUX cblr-1765 56 49 a a DET cblr-1765 56 50 person person NOUN cblr-1765 56 51 or or CCONJ cblr-1765 56 52 body body NOUN cblr-1765 56 53 ; ; PUNCT cblr-1765 56 54 and and CCONJ cblr-1765 56 55 ( ( PUNCT cblr-1765 56 56 3 3 X cblr-1765 56 57 ) ) PUNCT cblr-1765 56 58 the the DET cblr-1765 56 59 petition petition NOUN cblr-1765 56 60 meets meet VERB cblr-1765 56 61 the the DET cblr-1765 56 62 requirements requirement NOUN cblr-1765 56 63 of of ADP cblr-1765 56 64 section section NOUN cblr-1765 56 65 1515.8 1515.8 NUM cblr-1765 56 66 given give VERB cblr-1765 56 67 these these DET cblr-1765 56 68 minimal minimal ADJ cblr-1765 56 69 requirements requirement NOUN cblr-1765 56 70 , , PUNCT cblr-1765 56 71 the the DET cblr-1765 56 72 procedure procedure NOUN cblr-1765 56 73 under under ADP cblr-1765 56 74 § § PROPN cblr-1765 56 75 1517 1517 NUM cblr-1765 56 76 has have AUX cblr-1765 56 77 been be AUX cblr-1765 56 78 described describe VERB cblr-1765 56 79 as as ADP cblr-1765 56 80 “ " PUNCT cblr-1765 56 81 formulaic formulaic ADJ cblr-1765 56 82 ” " PUNCT cblr-1765 56 83 and and CCONJ cblr-1765 56 84 is be AUX cblr-1765 56 85 designed design VERB cblr-1765 56 86 to to PART cblr-1765 56 87 be be AUX cblr-1765 56 88 simple simple ADJ cblr-1765 56 89 , , PUNCT cblr-1765 56 90 straightforward straightforward ADJ cblr-1765 56 91 , , PUNCT cblr-1765 56 92 and and CCONJ cblr-1765 56 93 predictable.9 predictable.9 NOUN cblr-1765 56 94 accordingly accordingly ADV cblr-1765 56 95 , , PUNCT cblr-1765 56 96 a a DET cblr-1765 56 97 recognition recognition NOUN cblr-1765 56 98 hearing hearing NOUN cblr-1765 56 99 follows follow VERB cblr-1765 56 100 a a DET cblr-1765 56 101 rigid rigid ADJ cblr-1765 56 102 structure structure NOUN cblr-1765 56 103 and and CCONJ cblr-1765 56 104 leaves leave VERB cblr-1765 56 105 little little ADJ cblr-1765 56 106 room room NOUN cblr-1765 56 107 for for ADP cblr-1765 56 108 judicial judicial ADJ cblr-1765 56 109 discretion.10 discretion.10 NOUN cblr-1765 56 110 nevertheless nevertheless ADV cblr-1765 56 111 , , PUNCT cblr-1765 56 112 ambiguities ambiguity NOUN cblr-1765 56 113 surrounding surround VERB cblr-1765 56 114 the the DET cblr-1765 56 115 definition definition NOUN cblr-1765 56 116 of of ADP cblr-1765 56 117 “ " PUNCT cblr-1765 56 118 foreign foreign ADJ cblr-1765 56 119 proceeding proceeding NOUN cblr-1765 56 120 ” " PUNCT cblr-1765 56 121 have have AUX cblr-1765 56 122 led lead VERB cblr-1765 56 123 to to ADP cblr-1765 56 124 greater great ADJ cblr-1765 56 125 disagreement disagreement NOUN cblr-1765 56 126 and and CCONJ cblr-1765 56 127 judicial judicial ADJ cblr-1765 56 128 involvement involvement NOUN cblr-1765 56 129 than than SCONJ cblr-1765 56 130 envisioned envision VERB cblr-1765 56 131 . . PUNCT cblr-1765 57 1 under under ADP cblr-1765 57 2 § § PROPN cblr-1765 57 3 1502(4 1502(4 NUM cblr-1765 57 4 ) ) PUNCT cblr-1765 57 5 , , PUNCT cblr-1765 57 6 a a DET cblr-1765 57 7 foreign foreign ADJ cblr-1765 57 8 main main ADJ cblr-1765 57 9 proceeding proceeding NOUN cblr-1765 57 10 is be AUX cblr-1765 57 11 defined define VERB cblr-1765 57 12 as as ADP cblr-1765 57 13 “ " PUNCT cblr-1765 57 14 a a DET cblr-1765 57 15 foreign foreign ADJ cblr-1765 57 16 proceeding proceeding NOUN cblr-1765 57 17 pending pende VERB cblr-1765 57 18 in in ADP cblr-1765 57 19 the the DET cblr-1765 57 20 country country NOUN cblr-1765 57 21 where where SCONJ cblr-1765 57 22 the the DET cblr-1765 57 23 debtor debtor NOUN cblr-1765 57 24 has have VERB cblr-1765 57 25 the the DET cblr-1765 57 26 center center NOUN cblr-1765 57 27 of of ADP cblr-1765 57 28 its its PRON cblr-1765 57 29 main main ADJ cblr-1765 57 30 interests interest NOUN cblr-1765 57 31 . . PUNCT cblr-1765 58 1 ”11 ”11 PROPN cblr-1765 58 2 under under ADP cblr-1765 58 3 § § PROPN cblr-1765 58 4 1502(5 1502(5 NUM cblr-1765 58 5 ) ) PUNCT cblr-1765 58 6 , , PUNCT cblr-1765 58 7 a a DET cblr-1765 58 8 foreign foreign ADJ cblr-1765 58 9 nonmain nonmain NOUN cblr-1765 58 10 proceeding proceeding NOUN cblr-1765 58 11 is be AUX cblr-1765 58 12 defined define VERB cblr-1765 58 13 as as ADP cblr-1765 58 14 “ " PUNCT cblr-1765 58 15 a a DET cblr-1765 58 16 foreign foreign ADJ cblr-1765 58 17 proceeding proceeding NOUN cblr-1765 58 18 , , PUNCT cblr-1765 58 19 other other ADJ cblr-1765 58 20 than than ADP cblr-1765 58 21 a a DET cblr-1765 58 22 foreign foreign ADJ cblr-1765 58 23 main main ADJ cblr-1765 58 24 proceeding proceeding NOUN cblr-1765 58 25 , , PUNCT cblr-1765 58 26 pending pende VERB cblr-1765 58 27 in in ADP cblr-1765 58 28 a a DET cblr-1765 58 29 country country NOUN cblr-1765 58 30 where where SCONJ cblr-1765 58 31 the the DET cblr-1765 58 32 debtor debtor NOUN cblr-1765 58 33 has have VERB cblr-1765 58 34 an an DET cblr-1765 58 35 8 8 NUM cblr-1765 58 36 11 11 NUM cblr-1765 58 37 u.s.c u.s.c NOUN cblr-1765 58 38 . . PUNCT cblr-1765 59 1 § § PROPN cblr-1765 59 2 1517(a 1517(a NUM cblr-1765 59 3 ) ) PUNCT cblr-1765 59 4 ( ( PUNCT cblr-1765 59 5 2012 2012 NUM cblr-1765 59 6 ) ) PUNCT cblr-1765 59 7 . . PUNCT cblr-1765 60 1 recognition recognition NOUN cblr-1765 60 2 is be AUX cblr-1765 60 3 also also ADV cblr-1765 60 4 subject subject ADJ cblr-1765 60 5 to to ADP cblr-1765 60 6 § § PROPN cblr-1765 60 7 1506 1506 NUM cblr-1765 60 8 , , PUNCT cblr-1765 60 9 which which PRON cblr-1765 60 10 allows allow VERB cblr-1765 60 11 courts court NOUN cblr-1765 60 12 to to PART cblr-1765 60 13 refuse refuse VERB cblr-1765 60 14 to to PART cblr-1765 60 15 take take VERB cblr-1765 60 16 any any DET cblr-1765 60 17 action action NOUN cblr-1765 60 18 governed govern VERB cblr-1765 60 19 by by ADP cblr-1765 60 20 chapter chapter NOUN cblr-1765 60 21 15 15 NUM cblr-1765 60 22 if if SCONJ cblr-1765 60 23 that that DET cblr-1765 60 24 action action NOUN cblr-1765 60 25 would would AUX cblr-1765 60 26 be be AUX cblr-1765 60 27 manifestly manifestly ADV cblr-1765 60 28 contrary contrary ADJ cblr-1765 60 29 to to ADP cblr-1765 60 30 the the DET cblr-1765 60 31 public public ADJ cblr-1765 60 32 policy policy NOUN cblr-1765 60 33 of of ADP cblr-1765 60 34 the the DET cblr-1765 60 35 united united PROPN cblr-1765 60 36 states states PROPN cblr-1765 60 37 . . PUNCT cblr-1765 61 1 11 11 NUM cblr-1765 61 2 u.s.c u.s.c NOUN cblr-1765 61 3 . . PUNCT cblr-1765 62 1 § § PROPN cblr-1765 62 2 1506 1506 NUM cblr-1765 62 3 ( ( PUNCT cblr-1765 62 4 2012 2012 NUM cblr-1765 62 5 ) ) PUNCT cblr-1765 62 6 . . PUNCT cblr-1765 63 1 however however ADV cblr-1765 63 2 , , PUNCT cblr-1765 63 3 § § PROPN cblr-1765 63 4 1506 1506 NUM cblr-1765 63 5 has have AUX cblr-1765 63 6 been be AUX cblr-1765 63 7 read read VERB cblr-1765 63 8 extremely extremely ADV cblr-1765 63 9 narrowly narrowly ADV cblr-1765 63 10 and and CCONJ cblr-1765 63 11 rarely rarely ADV cblr-1765 63 12 will will AUX cblr-1765 63 13 factor factor VERB cblr-1765 63 14 into into ADP cblr-1765 63 15 recognition recognition NOUN cblr-1765 63 16 analysis analysis NOUN cblr-1765 63 17 . . PUNCT cblr-1765 64 1 see see VERB cblr-1765 64 2 in in ADP cblr-1765 64 3 re re PROPN cblr-1765 64 4 fairfield fairfield PROPN cblr-1765 64 5 sentry sentry PROPN cblr-1765 64 6 ltd ltd PROPN cblr-1765 64 7 . . PROPN cblr-1765 64 8 , , PUNCT cblr-1765 64 9 714 714 NUM cblr-1765 64 10 f.3d f.3d NUM cblr-1765 64 11 127 127 NUM cblr-1765 64 12 , , PUNCT cblr-1765 64 13 139 139 NUM cblr-1765 64 14 ( ( PUNCT cblr-1765 64 15 2d 2d NUM cblr-1765 64 16 cir cir NOUN cblr-1765 64 17 . . PROPN cblr-1765 64 18 2013 2013 NUM cblr-1765 64 19 ) ) PUNCT cblr-1765 64 20 ( ( PUNCT cblr-1765 64 21 “ " PUNCT cblr-1765 64 22 the the DET cblr-1765 64 23 statutory statutory ADJ cblr-1765 64 24 wording wording NOUN cblr-1765 64 25 requires require VERB cblr-1765 64 26 a a DET cblr-1765 64 27 narrow narrow ADJ cblr-1765 64 28 reading reading NOUN cblr-1765 64 29 . . PUNCT cblr-1765 65 1 section section NOUN cblr-1765 65 2 1506 1506 NUM cblr-1765 65 3 does do AUX cblr-1765 65 4 not not PART cblr-1765 65 5 create create VERB cblr-1765 65 6 an an DET cblr-1765 65 7 exception exception NOUN cblr-1765 65 8 for for ADP cblr-1765 65 9 any any DET cblr-1765 65 10 action action NOUN cblr-1765 65 11 under under ADP cblr-1765 65 12 chapter chapter NOUN cblr-1765 65 13 15 15 NUM cblr-1765 65 14 that that PRON cblr-1765 65 15 may may AUX cblr-1765 65 16 conflict conflict VERB cblr-1765 65 17 with with ADP cblr-1765 65 18 public public ADJ cblr-1765 65 19 policy policy NOUN cblr-1765 65 20 , , PUNCT cblr-1765 65 21 but but CCONJ cblr-1765 65 22 only only ADV cblr-1765 65 23 an an DET cblr-1765 65 24 action action NOUN cblr-1765 65 25 that that PRON cblr-1765 65 26 is be AUX cblr-1765 65 27 ‘ ' PUNCT cblr-1765 65 28 manifestly manifestly ADV cblr-1765 65 29 contrary contrary ADJ cblr-1765 65 30 . . PUNCT cblr-1765 65 31 ’ ' PUNCT cblr-1765 65 32 ” " PUNCT cblr-1765 65 33 ) ) PUNCT cblr-1765 65 34 . . PUNCT cblr-1765 66 1 9 9 NUM cblr-1765 66 2 in in ADP cblr-1765 66 3 re re VERB cblr-1765 66 4 bear bear PROPN cblr-1765 66 5 stearns stearns PROPN cblr-1765 66 6 high high ADJ cblr-1765 66 7 - - PUNCT cblr-1765 66 8 grade grade NOUN cblr-1765 66 9 structured structured ADJ cblr-1765 66 10 credit credit NOUN cblr-1765 66 11 strategies strategy NOUN cblr-1765 66 12 master master NOUN cblr-1765 66 13 fund fund PROPN cblr-1765 66 14 , , PUNCT cblr-1765 66 15 ltd ltd PROPN cblr-1765 66 16 . . PROPN cblr-1765 66 17 , , PUNCT cblr-1765 66 18 374 374 NUM cblr-1765 66 19 b.r b.r PROPN cblr-1765 66 20 . . PROPN cblr-1765 66 21 122 122 NUM cblr-1765 66 22 , , PUNCT cblr-1765 66 23 126 126 NUM cblr-1765 66 24 ( ( PUNCT cblr-1765 66 25 bankr bankr PROPN cblr-1765 66 26 . . PUNCT cblr-1765 67 1 s.d.n.y s.d.n.y PROPN cblr-1765 67 2 . . PROPN cblr-1765 67 3 2007 2007 NUM cblr-1765 67 4 ) ) PUNCT cblr-1765 68 1 ( ( PUNCT cblr-1765 68 2 “ " PUNCT cblr-1765 68 3 the the DET cblr-1765 68 4 determination determination NOUN cblr-1765 68 5 is be AUX cblr-1765 68 6 a a DET cblr-1765 68 7 formulaic formulaic ADJ cblr-1765 68 8 one one NUM cblr-1765 68 9 . . PUNCT cblr-1765 68 10 ” " PUNCT cblr-1765 68 11 ) ) PUNCT cblr-1765 68 12 . . PUNCT cblr-1765 69 1 10 10 NUM cblr-1765 69 2 see see VERB cblr-1765 69 3 jay jay PROPN cblr-1765 69 4 lawrence lawrence PROPN cblr-1765 69 5 westbrook westbrook PROPN cblr-1765 69 6 , , PUNCT cblr-1765 69 7 locating locate VERB cblr-1765 69 8 the the DET cblr-1765 69 9 eye eye NOUN cblr-1765 69 10 of of ADP cblr-1765 69 11 the the DET cblr-1765 69 12 financial financial ADJ cblr-1765 69 13 storm storm NOUN cblr-1765 69 14 , , PUNCT cblr-1765 69 15 32 32 NUM cblr-1765 69 16 brook brook NOUN cblr-1765 69 17 . . PUNCT cblr-1765 70 1 j. j. PROPN cblr-1765 70 2 int’l int’l PROPN cblr-1765 70 3 l. l. PROPN cblr-1765 70 4 1019 1019 NUM cblr-1765 70 5 , , PUNCT cblr-1765 70 6 1024 1024 NUM cblr-1765 70 7 ( ( PUNCT cblr-1765 70 8 2007 2007 NUM cblr-1765 70 9 ) ) PUNCT cblr-1765 70 10 ( ( PUNCT cblr-1765 70 11 “ " PUNCT cblr-1765 70 12 the the DET cblr-1765 70 13 model model NOUN cblr-1765 70 14 law law NOUN cblr-1765 70 15 grants grant VERB cblr-1765 70 16 great great ADJ cblr-1765 70 17 discretion discretion NOUN cblr-1765 70 18 as as ADP cblr-1765 70 19 to to ADP cblr-1765 70 20 specific specific ADJ cblr-1765 70 21 relief relief NOUN cblr-1765 70 22 , , PUNCT cblr-1765 70 23 but but CCONJ cblr-1765 70 24 imposes impose VERB cblr-1765 70 25 a a DET cblr-1765 70 26 fairly fairly ADV cblr-1765 70 27 rigid rigid ADJ cblr-1765 70 28 procedural procedural ADJ cblr-1765 70 29 structure structure NOUN cblr-1765 70 30 for for ADP cblr-1765 70 31 recognition recognition NOUN cblr-1765 70 32 of of ADP cblr-1765 70 33 foreign foreign ADJ cblr-1765 70 34 proceedings proceeding NOUN cblr-1765 70 35 . . PUNCT cblr-1765 70 36 ” " PUNCT cblr-1765 70 37 ) ) PUNCT cblr-1765 70 38 . . PUNCT cblr-1765 71 1 11 11 NUM cblr-1765 71 2 11 11 NUM cblr-1765 71 3 u.s.c u.s.c NOUN cblr-1765 71 4 . . PUNCT cblr-1765 72 1 § § PROPN cblr-1765 72 2 1502(4 1502(4 NUM cblr-1765 72 3 ) ) PUNCT cblr-1765 72 4 ( ( PUNCT cblr-1765 72 5 2012 2012 NUM cblr-1765 72 6 ) ) PUNCT cblr-1765 72 7 . . PUNCT cblr-1765 73 1 hallock hallock PROPN cblr-1765 73 2 – – PUNCT cblr-1765 73 3 final final ADJ cblr-1765 73 4 no no NOUN cblr-1765 73 5 . . PUNCT cblr-1765 74 1 3:1074 3:1074 NUM cblr-1765 74 2 ] ] PUNCT cblr-1765 74 3 time time NOUN cblr-1765 74 4 out out ADP cblr-1765 74 5 1079 1079 NUM cblr-1765 74 6 establishment establishment NOUN cblr-1765 74 7 . . PUNCT cblr-1765 75 1 ”12 ”12 PROPN cblr-1765 75 2 thus thus ADV cblr-1765 75 3 in in ADP cblr-1765 75 4 order order NOUN cblr-1765 75 5 to to PART cblr-1765 75 6 gain gain VERB cblr-1765 75 7 recognition recognition NOUN cblr-1765 75 8 of of ADP cblr-1765 75 9 a a DET cblr-1765 75 10 foreign foreign ADJ cblr-1765 75 11 proceeding proceeding NOUN cblr-1765 75 12 , , PUNCT cblr-1765 75 13 a a DET cblr-1765 75 14 foreign foreign ADJ cblr-1765 75 15 representative representative NOUN cblr-1765 75 16 must must AUX cblr-1765 75 17 demonstrate demonstrate VERB cblr-1765 75 18 that that SCONJ cblr-1765 75 19 the the DET cblr-1765 75 20 proceeding proceeding NOUN cblr-1765 75 21 is be AUX cblr-1765 75 22 pending pende VERB cblr-1765 75 23 in in ADP cblr-1765 75 24 a a DET cblr-1765 75 25 country country NOUN cblr-1765 75 26 where where SCONJ cblr-1765 75 27 the the DET cblr-1765 75 28 debtor debtor NOUN cblr-1765 75 29 has have VERB cblr-1765 75 30 either either CCONJ cblr-1765 75 31 its its PRON cblr-1765 75 32 center center NOUN cblr-1765 75 33 of of ADP cblr-1765 75 34 main main ADJ cblr-1765 75 35 interests interest NOUN cblr-1765 75 36 or or CCONJ cblr-1765 75 37 an an DET cblr-1765 75 38 establishment.13 establishment.13 PROPN cblr-1765 75 39 section section NOUN cblr-1765 75 40 1502(2 1502(2 NUM cblr-1765 75 41 ) ) PUNCT cblr-1765 75 42 further far ADV cblr-1765 75 43 defines define VERB cblr-1765 75 44 establishment establishment NOUN cblr-1765 75 45 as as ADP cblr-1765 75 46 “ " PUNCT cblr-1765 75 47 any any DET cblr-1765 75 48 place place NOUN cblr-1765 75 49 of of ADP cblr-1765 75 50 operations operation NOUN cblr-1765 75 51 where where SCONJ cblr-1765 75 52 the the DET cblr-1765 75 53 debtor debtor NOUN cblr-1765 75 54 carries carry VERB cblr-1765 75 55 out out ADP cblr-1765 75 56 a a DET cblr-1765 75 57 nontransitory nontransitory ADJ cblr-1765 75 58 economic economic ADJ cblr-1765 75 59 activity activity NOUN cblr-1765 75 60 . . PUNCT cblr-1765 76 1 ”14 ”14 NOUN cblr-1765 76 2 in in ADP cblr-1765 76 3 contrast contrast NOUN cblr-1765 76 4 , , PUNCT cblr-1765 76 5 chapter chapter NOUN cblr-1765 76 6 15 15 NUM cblr-1765 76 7 fails fail VERB cblr-1765 76 8 to to PART cblr-1765 76 9 define define VERB cblr-1765 76 10 “ " PUNCT cblr-1765 76 11 center center NOUN cblr-1765 76 12 of of ADP cblr-1765 76 13 main main ADJ cblr-1765 76 14 interests interest NOUN cblr-1765 76 15 , , PUNCT cblr-1765 76 16 ” " PUNCT cblr-1765 76 17 despite despite SCONJ cblr-1765 76 18 its its PRON cblr-1765 76 19 centrality centrality NOUN cblr-1765 76 20 to to ADP cblr-1765 76 21 the the DET cblr-1765 76 22 definition definition NOUN cblr-1765 76 23 of of ADP cblr-1765 76 24 a a DET cblr-1765 76 25 foreign foreign ADJ cblr-1765 76 26 main main ADJ cblr-1765 76 27 proceeding proceeding NOUN cblr-1765 76 28 . . PUNCT cblr-1765 77 1 the the DET cblr-1765 77 2 only only ADJ cblr-1765 77 3 guidance guidance NOUN cblr-1765 77 4 offered offer VERB cblr-1765 77 5 by by ADP cblr-1765 77 6 chapter chapter NOUN cblr-1765 77 7 15 15 NUM cblr-1765 77 8 for for ADP cblr-1765 77 9 determining determine VERB cblr-1765 77 10 a a DET cblr-1765 77 11 debtor debtor NOUN cblr-1765 77 12 ’s ’s PART cblr-1765 77 13 comi comi NOUN cblr-1765 77 14 is be AUX cblr-1765 77 15 found find VERB cblr-1765 77 16 in in ADP cblr-1765 77 17 § § PROPN cblr-1765 77 18 1516 1516 NUM cblr-1765 77 19 . . PUNCT cblr-1765 78 1 “ " PUNCT cblr-1765 78 2 in in ADP cblr-1765 78 3 the the DET cblr-1765 78 4 absence absence NOUN cblr-1765 78 5 of of ADP cblr-1765 78 6 evidence evidence NOUN cblr-1765 78 7 to to ADP cblr-1765 78 8 the the DET cblr-1765 78 9 contrary contrary NOUN cblr-1765 78 10 , , PUNCT cblr-1765 78 11 the the DET cblr-1765 78 12 debtor debtor NOUN cblr-1765 78 13 ’s ’s PART cblr-1765 78 14 registered register VERB cblr-1765 78 15 office office NOUN cblr-1765 78 16 . . PUNCT cblr-1765 78 17 . . PUNCT cblr-1765 79 1 . . PUNCT cblr-1765 80 1 is be AUX cblr-1765 80 2 presumed presume VERB cblr-1765 80 3 to to PART cblr-1765 80 4 be be AUX cblr-1765 80 5 the the DET cblr-1765 80 6 center center NOUN cblr-1765 80 7 of of ADP cblr-1765 80 8 the the DET cblr-1765 80 9 debtor debtor NOUN cblr-1765 80 10 ’s ’s PART cblr-1765 80 11 main main ADJ cblr-1765 80 12 interests interest NOUN cblr-1765 80 13 . . PUNCT cblr-1765 81 1 ”15 ”15 ADJ cblr-1765 81 2 in in ADP cblr-1765 81 3 short short ADJ cblr-1765 81 4 , , PUNCT cblr-1765 81 5 § § PROPN cblr-1765 81 6 1516 1516 NUM cblr-1765 81 7 offers offer VERB cblr-1765 81 8 a a DET cblr-1765 81 9 rebuttable rebuttable ADJ cblr-1765 81 10 presumption presumption NOUN cblr-1765 81 11 for for ADP cblr-1765 81 12 comi comi NOUN cblr-1765 81 13 . . PUNCT cblr-1765 82 1 further far ADV cblr-1765 82 2 adding add VERB cblr-1765 82 3 to to ADP cblr-1765 82 4 the the DET cblr-1765 82 5 ambiguity ambiguity NOUN cblr-1765 82 6 , , PUNCT cblr-1765 82 7 § § PROPN cblr-1765 82 8 1516 1516 NUM cblr-1765 82 9 does do AUX cblr-1765 82 10 not not PART cblr-1765 82 11 specify specify VERB cblr-1765 82 12 the the DET cblr-1765 82 13 evidence evidence NOUN cblr-1765 82 14 required require VERB cblr-1765 82 15 to to PART cblr-1765 82 16 rebut rebut VERB cblr-1765 82 17 this this DET cblr-1765 82 18 presumption presumption NOUN cblr-1765 82 19 , , PUNCT cblr-1765 82 20 nor nor CCONJ cblr-1765 82 21 does do AUX cblr-1765 82 22 it it PRON cblr-1765 82 23 identify identify VERB cblr-1765 82 24 the the DET cblr-1765 82 25 characteristics characteristic NOUN cblr-1765 82 26 of of ADP cblr-1765 82 27 locations location NOUN cblr-1765 82 28 that that PRON cblr-1765 82 29 might might AUX cblr-1765 82 30 supersede supersede VERB cblr-1765 82 31 the the DET cblr-1765 82 32 debtor debtor NOUN cblr-1765 82 33 ’s ’s PART cblr-1765 82 34 12 12 NUM cblr-1765 82 35 11 11 NUM cblr-1765 82 36 u.s.c u.s.c NOUN cblr-1765 82 37 . . PUNCT cblr-1765 83 1 § § PROPN cblr-1765 83 2 1502(5 1502(5 NUM cblr-1765 83 3 ) ) PUNCT cblr-1765 83 4 . . PUNCT cblr-1765 84 1 13 13 NUM cblr-1765 84 2 recognition recognition NOUN cblr-1765 84 3 as as ADP cblr-1765 84 4 a a DET cblr-1765 84 5 foreign foreign ADJ cblr-1765 84 6 nonmain nonmain NOUN cblr-1765 84 7 proceeding proceeding NOUN cblr-1765 84 8 provides provide VERB cblr-1765 84 9 a a DET cblr-1765 84 10 second second ADJ cblr-1765 84 11 avenue avenue NOUN cblr-1765 84 12 for for ADP cblr-1765 84 13 recognition recognition NOUN cblr-1765 84 14 under under ADP cblr-1765 84 15 chapter chapter NOUN cblr-1765 84 16 15 15 NUM cblr-1765 84 17 . . PUNCT cblr-1765 85 1 the the DET cblr-1765 85 2 distinction distinction NOUN cblr-1765 85 3 is be AUX cblr-1765 85 4 sometimes sometimes ADV cblr-1765 85 5 important important ADJ cblr-1765 85 6 , , PUNCT cblr-1765 85 7 as as SCONJ cblr-1765 85 8 § § PROPN cblr-1765 85 9 1520 1520 NUM cblr-1765 85 10 provides provide VERB cblr-1765 85 11 several several ADJ cblr-1765 85 12 automatic automatic ADJ cblr-1765 85 13 protections protection NOUN cblr-1765 85 14 once once SCONJ cblr-1765 85 15 a a DET cblr-1765 85 16 foreign foreign ADJ cblr-1765 85 17 proceeding proceeding NOUN cblr-1765 85 18 is be AUX cblr-1765 85 19 recognized recognize VERB cblr-1765 85 20 as as ADP cblr-1765 85 21 a a DET cblr-1765 85 22 main main ADJ cblr-1765 85 23 proceeding proceeding NOUN cblr-1765 85 24 , , PUNCT cblr-1765 85 25 including include VERB cblr-1765 85 26 imposition imposition NOUN cblr-1765 85 27 of of ADP cblr-1765 85 28 the the DET cblr-1765 85 29 automatic automatic ADJ cblr-1765 85 30 stay stay NOUN cblr-1765 85 31 under under ADP cblr-1765 85 32 § § PROPN cblr-1765 85 33 362 362 NUM cblr-1765 85 34 . . NOUN cblr-1765 85 35 11 11 NUM cblr-1765 85 36 u.s.c u.s.c NOUN cblr-1765 85 37 . . PUNCT cblr-1765 86 1 § § PROPN cblr-1765 86 2 1520 1520 NUM cblr-1765 86 3 ( ( PUNCT cblr-1765 86 4 2012 2012 NUM cblr-1765 86 5 ) ) PUNCT cblr-1765 86 6 . . PUNCT cblr-1765 87 1 in in ADP cblr-1765 87 2 contrast contrast NOUN cblr-1765 87 3 , , PUNCT cblr-1765 87 4 while while SCONJ cblr-1765 87 5 many many ADJ cblr-1765 87 6 of of ADP cblr-1765 87 7 the the DET cblr-1765 87 8 same same ADJ cblr-1765 87 9 protections protection NOUN cblr-1765 87 10 are be AUX cblr-1765 87 11 available available ADJ cblr-1765 87 12 to to ADP cblr-1765 87 13 foreign foreign ADJ cblr-1765 87 14 nonmain nonmain ADJ cblr-1765 87 15 proceedings proceeding NOUN cblr-1765 87 16 under under ADP cblr-1765 87 17 § § PROPN cblr-1765 87 18 1521 1521 NUM cblr-1765 87 19 , , PUNCT cblr-1765 87 20 the the DET cblr-1765 87 21 court court NOUN cblr-1765 87 22 must must AUX cblr-1765 87 23 specifically specifically ADV cblr-1765 87 24 grant grant VERB cblr-1765 87 25 approval approval NOUN cblr-1765 87 26 . . PUNCT cblr-1765 88 1 11 11 NUM cblr-1765 88 2 u.s.c u.s.c ADJ cblr-1765 88 3 § § PROPN cblr-1765 88 4 1521 1521 NUM cblr-1765 88 5 ( ( PUNCT cblr-1765 88 6 2012 2012 NUM cblr-1765 88 7 ) ) PUNCT cblr-1765 88 8 . . PUNCT cblr-1765 89 1 alternatively alternatively ADV cblr-1765 89 2 , , PUNCT cblr-1765 89 3 this this DET cblr-1765 89 4 distinction distinction NOUN cblr-1765 89 5 may may AUX cblr-1765 89 6 be be AUX cblr-1765 89 7 viewed view VERB cblr-1765 89 8 as as ADP cblr-1765 89 9 merely merely ADV cblr-1765 89 10 creating create VERB cblr-1765 89 11 insignificant insignificant ADJ cblr-1765 89 12 timing timing NOUN cblr-1765 89 13 and and CCONJ cblr-1765 89 14 procedural procedural ADJ cblr-1765 89 15 issues issue NOUN cblr-1765 89 16 . . PUNCT cblr-1765 90 1 deutsch deutsch PROPN cblr-1765 90 2 & & CCONJ cblr-1765 90 3 vazquez vazquez PROPN cblr-1765 90 4 , , PUNCT cblr-1765 90 5 supra supra PROPN cblr-1765 90 6 note note PROPN cblr-1765 90 7 5 5 NUM cblr-1765 90 8 , , PUNCT cblr-1765 90 9 at at ADP cblr-1765 90 10 100 100 NUM cblr-1765 90 11 ( ( PUNCT cblr-1765 90 12 citing cite VERB cblr-1765 90 13 in in ADP cblr-1765 90 14 re re NOUN cblr-1765 90 15 sphinx sphinx NOUN cblr-1765 90 16 , , PUNCT cblr-1765 90 17 ltd ltd PROPN cblr-1765 90 18 . . PROPN cblr-1765 90 19 , , PUNCT cblr-1765 90 20 351 351 NUM cblr-1765 90 21 b.r b.r PROPN cblr-1765 90 22 . . PROPN cblr-1765 90 23 103 103 NUM cblr-1765 90 24 , , PUNCT cblr-1765 90 25 116 116 NUM cblr-1765 90 26 ( ( PUNCT cblr-1765 90 27 bankr bankr PROPN cblr-1765 90 28 . . PUNCT cblr-1765 91 1 s.d.n.y s.d.n.y PROPN cblr-1765 91 2 . . PROPN cblr-1765 91 3 2006 2006 NUM cblr-1765 91 4 ) ) PUNCT cblr-1765 92 1 , , PUNCT cblr-1765 92 2 aff’d aff’d VERB cblr-1765 92 3 371 371 NUM cblr-1765 92 4 b.r b.r PROPN cblr-1765 92 5 . . PROPN cblr-1765 92 6 10 10 NUM cblr-1765 92 7 ( ( PUNCT cblr-1765 92 8 s.d.n.y s.d.n.y PROPN cblr-1765 92 9 . . NOUN cblr-1765 92 10 2007 2007 NUM cblr-1765 92 11 ) ) PUNCT cblr-1765 92 12 ( ( PUNCT cblr-1765 92 13 “ " PUNCT cblr-1765 92 14 [ [ X cblr-1765 92 15 a]s a] VERB cblr-1765 92 16 noted note VERB cblr-1765 92 17 by by ADP cblr-1765 92 18 the the DET cblr-1765 92 19 united united PROPN cblr-1765 92 20 states states PROPN cblr-1765 92 21 bankruptcy bankruptcy NOUN cblr-1765 92 22 court court NOUN cblr-1765 92 23 for for ADP cblr-1765 92 24 the the DET cblr-1765 92 25 southern southern ADJ cblr-1765 92 26 district district NOUN cblr-1765 92 27 of of ADP cblr-1765 92 28 new new PROPN cblr-1765 92 29 york york PROPN cblr-1765 92 30 , , PUNCT cblr-1765 92 31 the the DET cblr-1765 92 32 main main ADJ cblr-1765 92 33 vs. vs. X cblr-1765 92 34 nonmain nonmain ADJ cblr-1765 92 35 designation designation NOUN cblr-1765 92 36 ultimately ultimately ADV cblr-1765 92 37 may may AUX cblr-1765 92 38 have have VERB cblr-1765 92 39 little little ADJ cblr-1765 92 40 consequence consequence NOUN cblr-1765 92 41 beyond beyond ADP cblr-1765 92 42 timing timing NOUN cblr-1765 92 43 and and CCONJ cblr-1765 92 44 procedural procedural ADJ cblr-1765 92 45 issues issue NOUN cblr-1765 92 46 ‘ ' PUNCT cblr-1765 92 47 since since SCONJ cblr-1765 92 48 the the DET cblr-1765 92 49 chapter chapter NOUN cblr-1765 93 1 [ [ X cblr-1765 93 2 15 15 NUM cblr-1765 93 3 ] ] PUNCT cblr-1765 93 4 gives give VERB cblr-1765 93 5 the the DET cblr-1765 93 6 bankruptcy bankruptcy NOUN cblr-1765 93 7 court court NOUN cblr-1765 93 8 the the DET cblr-1765 93 9 ability ability NOUN cblr-1765 93 10 to to PART cblr-1765 93 11 grant grant VERB cblr-1765 93 12 substantially substantially ADV cblr-1765 93 13 the the DET cblr-1765 93 14 same same ADJ cblr-1765 93 15 types type NOUN cblr-1765 93 16 of of ADP cblr-1765 93 17 relief relief NOUN cblr-1765 93 18 in in ADP cblr-1765 93 19 assistance assistance NOUN cblr-1765 93 20 of of ADP cblr-1765 93 21 foreign foreign ADJ cblr-1765 93 22 nonmain nonmain ADJ cblr-1765 93 23 proceedings proceeding NOUN cblr-1765 93 24 as as ADP cblr-1765 93 25 main main ADJ cblr-1765 93 26 proceedings proceeding NOUN cblr-1765 93 27 . . PUNCT cblr-1765 93 28 ’ ' PUNCT cblr-1765 93 29 ” " PUNCT cblr-1765 93 30 ) ) PUNCT cblr-1765 93 31 ) ) PUNCT cblr-1765 93 32 . . PUNCT cblr-1765 94 1 while while SCONJ cblr-1765 94 2 nonmain nonmain ADJ cblr-1765 94 3 recognition recognition NOUN cblr-1765 94 4 will will AUX cblr-1765 94 5 be be AUX cblr-1765 94 6 discussed discuss VERB cblr-1765 94 7 at at ADP cblr-1765 94 8 times time NOUN cblr-1765 94 9 , , PUNCT cblr-1765 94 10 it it PRON cblr-1765 94 11 is be AUX cblr-1765 94 12 not not PART cblr-1765 94 13 the the DET cblr-1765 94 14 focus focus NOUN cblr-1765 94 15 of of ADP cblr-1765 94 16 this this DET cblr-1765 94 17 note note NOUN cblr-1765 94 18 and and CCONJ cblr-1765 94 19 a a DET cblr-1765 94 20 full full ADJ cblr-1765 94 21 analysis analysis NOUN cblr-1765 94 22 is be AUX cblr-1765 94 23 not not PART cblr-1765 94 24 included include VERB cblr-1765 94 25 . . PUNCT cblr-1765 95 1 14 14 NUM cblr-1765 95 2 11 11 NUM cblr-1765 95 3 u.s.c u.s.c NOUN cblr-1765 95 4 . . PUNCT cblr-1765 96 1 § § PROPN cblr-1765 96 2 1502(2 1502(2 NUM cblr-1765 96 3 ) ) PUNCT cblr-1765 96 4 ( ( PUNCT cblr-1765 96 5 2012 2012 NUM cblr-1765 96 6 ) ) PUNCT cblr-1765 96 7 . . PUNCT cblr-1765 97 1 for for ADP cblr-1765 97 2 a a DET cblr-1765 97 3 case case NOUN cblr-1765 97 4 finding find VERB cblr-1765 97 5 that that SCONJ cblr-1765 97 6 no no DET cblr-1765 97 7 establishment establishment NOUN cblr-1765 97 8 existed exist VERB cblr-1765 97 9 , , PUNCT cblr-1765 97 10 see see VERB cblr-1765 97 11 in in ADP cblr-1765 97 12 re re NOUN cblr-1765 97 13 bear bear PROPN cblr-1765 97 14 stearns stearns PROPN cblr-1765 97 15 , , PUNCT cblr-1765 97 16 374 374 NUM cblr-1765 97 17 b.r b.r PROPN cblr-1765 97 18 . . PROPN cblr-1765 97 19 at at ADP cblr-1765 97 20 122 122 NUM cblr-1765 97 21 ; ; PUNCT cblr-1765 97 22 for for ADP cblr-1765 97 23 a a DET cblr-1765 97 24 case case NOUN cblr-1765 97 25 recognizing recognize VERB cblr-1765 97 26 a a DET cblr-1765 97 27 foreign foreign ADJ cblr-1765 97 28 proceeding proceeding NOUN cblr-1765 97 29 as as ADP cblr-1765 97 30 nonmain nonmain ADV cblr-1765 97 31 , , PUNCT cblr-1765 97 32 see see VERB cblr-1765 97 33 in in ADP cblr-1765 97 34 re re NOUN cblr-1765 97 35 sphinx sphinx NOUN cblr-1765 97 36 . . PUNCT cblr-1765 97 37 , , PUNCT cblr-1765 98 1 351 351 NUM cblr-1765 98 2 b.r b.r PROPN cblr-1765 98 3 . . PROPN cblr-1765 98 4 at at ADP cblr-1765 98 5 103 103 NUM cblr-1765 98 6 . . PUNCT cblr-1765 98 7 15 15 NUM cblr-1765 98 8 11 11 NUM cblr-1765 98 9 u.s.c u.s.c NOUN cblr-1765 98 10 . . PUNCT cblr-1765 99 1 § § PROPN cblr-1765 99 2 1516(c 1516(c NUM cblr-1765 99 3 ) ) PUNCT cblr-1765 99 4 ( ( PUNCT cblr-1765 99 5 2012 2012 NUM cblr-1765 99 6 ) ) PUNCT cblr-1765 99 7 . . PUNCT cblr-1765 100 1 hallock hallock NOUN cblr-1765 100 2 – – PUNCT cblr-1765 100 3 final final ADJ cblr-1765 100 4 1080 1080 NUM cblr-1765 100 5 columbia columbia PROPN cblr-1765 100 6 business business NOUN cblr-1765 100 7 law law PROPN cblr-1765 100 8 review review NOUN cblr-1765 100 9 [ [ X cblr-1765 100 10 vol vol NOUN cblr-1765 100 11 . . NOUN cblr-1765 100 12 2015 2015 NUM cblr-1765 100 13 registered register VERB cblr-1765 100 14 office office NOUN cblr-1765 100 15 as as ADP cblr-1765 100 16 its its PRON cblr-1765 100 17 comi comi NOUN cblr-1765 100 18 . . PUNCT cblr-1765 101 1 as as ADP cblr-1765 101 2 a a DET cblr-1765 101 3 result result NOUN cblr-1765 101 4 , , PUNCT cblr-1765 101 5 bankruptcy bankruptcy NOUN cblr-1765 101 6 courts court NOUN cblr-1765 101 7 have have AUX cblr-1765 101 8 been be AUX cblr-1765 101 9 forced force VERB cblr-1765 101 10 to to PART cblr-1765 101 11 develop develop VERB cblr-1765 101 12 their their PRON cblr-1765 101 13 own own ADJ cblr-1765 101 14 definitions definition NOUN cblr-1765 101 15 of of ADP cblr-1765 101 16 comi comi NOUN cblr-1765 101 17 , , PUNCT cblr-1765 101 18 often often ADV cblr-1765 101 19 by by ADP cblr-1765 101 20 looking look VERB cblr-1765 101 21 to to ADP cblr-1765 101 22 chapter chapter NOUN cblr-1765 101 23 15 15 NUM cblr-1765 101 24 ’s ’s PART cblr-1765 101 25 legislative legislative ADJ cblr-1765 101 26 history history NOUN cblr-1765 101 27 , , PUNCT cblr-1765 101 28 the the DET cblr-1765 101 29 policy policy NOUN cblr-1765 101 30 goals goal NOUN cblr-1765 101 31 behind behind ADP cblr-1765 101 32 chapter chapter NOUN cblr-1765 101 33 15 15 NUM cblr-1765 101 34 , , PUNCT cblr-1765 101 35 its its PRON cblr-1765 101 36 predecessor predecessor NOUN cblr-1765 101 37 former former ADJ cblr-1765 101 38 § § PROPN cblr-1765 101 39 304 304 NUM cblr-1765 101 40 , , PUNCT cblr-1765 101 41 and and CCONJ cblr-1765 101 42 the the DET cblr-1765 101 43 international international ADJ cblr-1765 101 44 sources source NOUN cblr-1765 101 45 chapter chapter NOUN cblr-1765 101 46 15 15 NUM cblr-1765 101 47 is be AUX cblr-1765 101 48 based base VERB cblr-1765 101 49 on on ADP cblr-1765 101 50 — — PUNCT cblr-1765 101 51 the the DET cblr-1765 101 52 european european PROPN cblr-1765 101 53 union union PROPN cblr-1765 101 54 convention convention PROPN cblr-1765 101 55 on on ADP cblr-1765 101 56 insolvency insolvency NOUN cblr-1765 101 57 and and CCONJ cblr-1765 101 58 the the DET cblr-1765 101 59 model model NOUN cblr-1765 101 60 law law NOUN cblr-1765 101 61 on on ADP cblr-1765 101 62 cross cross ADJ cblr-1765 101 63 - - ADJ cblr-1765 101 64 border border ADJ cblr-1765 101 65 insolvency.16 insolvency.16 NOUN cblr-1765 101 66 the the DET cblr-1765 101 67 result result NOUN cblr-1765 101 68 has have AUX cblr-1765 101 69 been be AUX cblr-1765 101 70 the the DET cblr-1765 101 71 implementation implementation NOUN cblr-1765 101 72 of of ADP cblr-1765 101 73 occasionally occasionally ADV cblr-1765 101 74 inconsistent inconsistent ADJ cblr-1765 101 75 tests test NOUN cblr-1765 101 76 for for ADP cblr-1765 101 77 comi comi NOUN cblr-1765 101 78 . . PUNCT cblr-1765 102 1 these these DET cblr-1765 102 2 tests test NOUN cblr-1765 102 3 disagree disagree VERB cblr-1765 102 4 on on ADP cblr-1765 102 5 the the DET cblr-1765 102 6 relevant relevant ADJ cblr-1765 102 7 factors factor NOUN cblr-1765 102 8 and and CCONJ cblr-1765 102 9 time time NOUN cblr-1765 102 10 periods period NOUN cblr-1765 102 11 for for ADP cblr-1765 102 12 analysis analysis NOUN cblr-1765 102 13 . . PUNCT cblr-1765 103 1 b. b. PROPN cblr-1765 103 2 judicially judicially ADV cblr-1765 103 3 - - PUNCT cblr-1765 103 4 created create VERB cblr-1765 103 5 substantive substantive ADJ cblr-1765 103 6 tests test NOUN cblr-1765 103 7 for for ADP cblr-1765 103 8 comi comi NOUN cblr-1765 103 9 analyses analysis NOUN cblr-1765 103 10 given give VERB cblr-1765 103 11 the the DET cblr-1765 103 12 limited limited ADJ cblr-1765 103 13 guidance guidance NOUN cblr-1765 103 14 provided provide VERB cblr-1765 103 15 by by ADP cblr-1765 103 16 chapter chapter NOUN cblr-1765 103 17 15 15 NUM cblr-1765 103 18 , , PUNCT cblr-1765 103 19 bankruptcy bankruptcy NOUN cblr-1765 103 20 courts court NOUN cblr-1765 103 21 have have AUX cblr-1765 103 22 had have VERB cblr-1765 103 23 difficulty difficulty NOUN cblr-1765 103 24 developing develop VERB cblr-1765 103 25 a a DET cblr-1765 103 26 universally universally ADV cblr-1765 103 27 accepted accept VERB cblr-1765 103 28 , , PUNCT cblr-1765 103 29 workable workable ADJ cblr-1765 103 30 definition definition NOUN cblr-1765 103 31 of of ADP cblr-1765 103 32 comi comi NOUN cblr-1765 103 33 . . PUNCT cblr-1765 104 1 this this DET cblr-1765 104 2 uncertainty uncertainty NOUN cblr-1765 104 3 can can AUX cblr-1765 104 4 have have VERB cblr-1765 104 5 substantial substantial ADJ cblr-1765 104 6 ramifications ramification NOUN cblr-1765 104 7 for for ADP cblr-1765 104 8 both both DET cblr-1765 104 9 debtors debtor NOUN cblr-1765 104 10 and and CCONJ cblr-1765 104 11 creditors creditor NOUN cblr-1765 104 12 . . PUNCT cblr-1765 105 1 given give VERB cblr-1765 105 2 the the DET cblr-1765 105 3 differences difference NOUN cblr-1765 105 4 between between ADP cblr-1765 105 5 bankruptcy bankruptcy NOUN cblr-1765 105 6 regimes regime NOUN cblr-1765 105 7 , , PUNCT cblr-1765 105 8 debtors debtor NOUN cblr-1765 105 9 may may AUX cblr-1765 105 10 want want VERB cblr-1765 105 11 to to PART cblr-1765 105 12 structure structure VERB cblr-1765 105 13 their their PRON cblr-1765 105 14 operations operation NOUN cblr-1765 105 15 to to PART cblr-1765 105 16 ensure ensure VERB cblr-1765 105 17 their their PRON cblr-1765 105 18 ability ability NOUN cblr-1765 105 19 to to PART cblr-1765 105 20 initiate initiate VERB cblr-1765 105 21 proceedings proceeding NOUN cblr-1765 105 22 in in ADP cblr-1765 105 23 a a DET cblr-1765 105 24 particular particular ADJ cblr-1765 105 25 jurisdiction jurisdiction NOUN cblr-1765 105 26 , , PUNCT cblr-1765 105 27 but but CCONJ cblr-1765 105 28 such such ADJ cblr-1765 105 29 debtors debtor NOUN cblr-1765 105 30 also also ADV cblr-1765 105 31 will will AUX cblr-1765 105 32 want want VERB cblr-1765 105 33 to to PART cblr-1765 105 34 ensure ensure VERB cblr-1765 105 35 that that SCONJ cblr-1765 105 36 u.s u.s PROPN cblr-1765 105 37 . . PROPN cblr-1765 105 38 bankruptcy bankruptcy NOUN cblr-1765 105 39 courts court NOUN cblr-1765 105 40 will will AUX cblr-1765 105 41 subsequently subsequently ADV cblr-1765 105 42 recognize recognize VERB cblr-1765 105 43 the the DET cblr-1765 105 44 foreign foreign ADJ cblr-1765 105 45 proceeding proceeding NOUN cblr-1765 105 46 . . PUNCT cblr-1765 106 1 the the DET cblr-1765 106 2 less less ADJ cblr-1765 106 3 clarity clarity NOUN cblr-1765 106 4 surrounding surround VERB cblr-1765 106 5 the the DET cblr-1765 106 6 applicable applicable ADJ cblr-1765 106 7 definition definition NOUN cblr-1765 106 8 of of ADP cblr-1765 106 9 comi comi NOUN cblr-1765 106 10 , , PUNCT cblr-1765 106 11 the the DET cblr-1765 106 12 greater great ADJ cblr-1765 106 13 uncertainty uncertainty NOUN cblr-1765 106 14 debtors debtor NOUN cblr-1765 106 15 face face VERB cblr-1765 106 16 as as ADP cblr-1765 106 17 to to ADP cblr-1765 106 18 whether whether SCONJ cblr-1765 106 19 courts court NOUN cblr-1765 106 20 in in ADP cblr-1765 106 21 the the DET cblr-1765 106 22 united united PROPN cblr-1765 106 23 states states PROPN cblr-1765 106 24 will will AUX cblr-1765 106 25 recognize recognize VERB cblr-1765 106 26 their their PRON cblr-1765 106 27 foreign foreign ADJ cblr-1765 106 28 proceedings proceeding NOUN cblr-1765 106 29 . . PUNCT cblr-1765 107 1 creditors creditor NOUN cblr-1765 107 2 also also ADV cblr-1765 107 3 prefer prefer VERB cblr-1765 107 4 certainty certainty NOUN cblr-1765 107 5 . . PUNCT cblr-1765 108 1 before before ADP cblr-1765 108 2 lending lend VERB cblr-1765 108 3 to to ADP cblr-1765 108 4 a a DET cblr-1765 108 5 company company NOUN cblr-1765 108 6 , , PUNCT cblr-1765 108 7 lenders lender NOUN cblr-1765 108 8 must must AUX cblr-1765 108 9 consider consider VERB cblr-1765 108 10 their their PRON cblr-1765 108 11 rights right NOUN cblr-1765 108 12 and and CCONJ cblr-1765 108 13 remedies remedy NOUN cblr-1765 108 14 in in ADP cblr-1765 108 15 the the DET cblr-1765 108 16 event event NOUN cblr-1765 108 17 that that PRON cblr-1765 108 18 the the DET cblr-1765 108 19 debtor debtor NOUN cblr-1765 108 20 enters enter VERB cblr-1765 108 21 liquidation.17 liquidation.17 ADJ cblr-1765 108 22 while while SCONJ cblr-1765 108 23 contractual contractual ADJ cblr-1765 108 24 terms term NOUN cblr-1765 108 25 , , PUNCT cblr-1765 108 26 in in ADP cblr-1765 108 27 theory theory NOUN cblr-1765 108 28 , , PUNCT cblr-1765 108 29 could could AUX cblr-1765 108 30 address address VERB cblr-1765 108 31 any any DET cblr-1765 108 32 uncertainty uncertainty NOUN cblr-1765 108 33 , , PUNCT cblr-1765 108 34 the the DET cblr-1765 108 35 issue issue NOUN cblr-1765 108 36 of of ADP cblr-1765 108 37 comi comi NOUN cblr-1765 108 38 16 16 NUM cblr-1765 108 39 united united PROPN cblr-1765 108 40 nations nations PROPN cblr-1765 108 41 comm’n comm’n NOUN cblr-1765 108 42 on on ADP cblr-1765 108 43 int’l int’l NUM cblr-1765 108 44 trade trade NOUN cblr-1765 108 45 law law NOUN cblr-1765 108 46 , , PUNCT cblr-1765 108 47 cross cross ADJ cblr-1765 108 48 - - ADJ cblr-1765 108 49 border border ADJ cblr-1765 108 50 insolvency insolvency NOUN cblr-1765 108 51 : : PUNCT cblr-1765 108 52 guide guide VERB cblr-1765 108 53 to to ADP cblr-1765 108 54 enactment enactment NOUN cblr-1765 108 55 of of ADP cblr-1765 108 56 the the DET cblr-1765 108 57 uncitral uncitral ADJ cblr-1765 108 58 model model NOUN cblr-1765 108 59 law law NOUN cblr-1765 108 60 on on ADP cblr-1765 108 61 crossborder crossborder NOUN cblr-1765 108 62 insolvency insolvency NOUN cblr-1765 108 63 , , PUNCT cblr-1765 108 64 u.n u.n PROPN cblr-1765 108 65 . . PROPN cblr-1765 108 66 doc doc PROPN cblr-1765 108 67 . . PROPN cblr-1765 109 1 a a X cblr-1765 109 2 / / SYM cblr-1765 109 3 cn.9/442 cn.9/442 X cblr-1765 109 4 ( ( PUNCT cblr-1765 109 5 dec dec PROPN cblr-1765 109 6 . . PROPN cblr-1765 109 7 19 19 NUM cblr-1765 109 8 , , PUNCT cblr-1765 109 9 1997 1997 NUM cblr-1765 109 10 ) ) PUNCT cblr-1765 109 11 . . PUNCT cblr-1765 110 1 17 17 NUM cblr-1765 110 2 see see VERB cblr-1765 110 3 andrew andrew PROPN cblr-1765 110 4 t. t. PROPN cblr-1765 110 5 guzman guzman PROPN cblr-1765 110 6 , , PUNCT cblr-1765 110 7 international international ADJ cblr-1765 110 8 bankruptcy bankruptcy NOUN cblr-1765 110 9 : : PUNCT cblr-1765 110 10 in in ADP cblr-1765 110 11 defense defense NOUN cblr-1765 110 12 of of ADP cblr-1765 110 13 universalism universalism NOUN cblr-1765 110 14 , , PUNCT cblr-1765 110 15 98 98 NUM cblr-1765 110 16 mich mich X cblr-1765 110 17 . . PUNCT cblr-1765 111 1 l. l. PROPN cblr-1765 111 2 rev rev PROPN cblr-1765 111 3 . . PROPN cblr-1765 111 4 2177 2177 NUM cblr-1765 111 5 , , PUNCT cblr-1765 111 6 2207–08 2207–08 NUM cblr-1765 111 7 ( ( PUNCT cblr-1765 111 8 2000 2000 NUM cblr-1765 111 9 ) ) PUNCT cblr-1765 111 10 ( ( PUNCT cblr-1765 111 11 “ " PUNCT cblr-1765 111 12 in in ADP cblr-1765 111 13 those those DET cblr-1765 111 14 few few ADJ cblr-1765 111 15 cases case NOUN cblr-1765 111 16 where where SCONJ cblr-1765 111 17 ambiguity ambiguity NOUN cblr-1765 111 18 exists exist VERB cblr-1765 111 19 , , PUNCT cblr-1765 111 20 creditors creditor NOUN cblr-1765 111 21 must must AUX cblr-1765 111 22 take take VERB cblr-1765 111 23 that that DET cblr-1765 111 24 uncertainty uncertainty NOUN cblr-1765 111 25 into into ADP cblr-1765 111 26 account account NOUN cblr-1765 111 27 when when SCONJ cblr-1765 111 28 they they PRON cblr-1765 111 29 negotiate negotiate VERB cblr-1765 111 30 the the DET cblr-1765 111 31 loan loan NOUN cblr-1765 111 32 . . PUNCT cblr-1765 111 33 ” " PUNCT cblr-1765 111 34 ) ) PUNCT cblr-1765 111 35 . . PUNCT cblr-1765 112 1 hallock hallock NOUN cblr-1765 112 2 – – PUNCT cblr-1765 112 3 final final ADJ cblr-1765 112 4 no no NOUN cblr-1765 112 5 . . PUNCT cblr-1765 113 1 3:1074 3:1074 NUM cblr-1765 113 2 ] ] PUNCT cblr-1765 113 3 time time NOUN cblr-1765 113 4 out out ADP cblr-1765 113 5 1081 1081 NUM cblr-1765 113 6 determination determination NOUN cblr-1765 113 7 may may AUX cblr-1765 113 8 produce produce VERB cblr-1765 113 9 inefficiencies inefficiency NOUN cblr-1765 113 10 by by ADP cblr-1765 113 11 adding add VERB cblr-1765 113 12 further further ADJ cblr-1765 113 13 complexity complexity NOUN cblr-1765 113 14 to to ADP cblr-1765 113 15 such such ADJ cblr-1765 113 16 agreements agreement NOUN cblr-1765 113 17 . . PUNCT cblr-1765 114 1 though though SCONJ cblr-1765 114 2 a a DET cblr-1765 114 3 company company NOUN cblr-1765 114 4 ’s ’s PART cblr-1765 114 5 comi comi NOUN cblr-1765 114 6 may may AUX cblr-1765 114 7 be be AUX cblr-1765 114 8 obvious obvious ADJ cblr-1765 114 9 in in ADP cblr-1765 114 10 many many ADJ cblr-1765 114 11 instances instance NOUN cblr-1765 114 12 , , PUNCT cblr-1765 114 13 multinational multinational ADJ cblr-1765 114 14 companies company NOUN cblr-1765 114 15 confronted confront VERB cblr-1765 114 16 with with ADP cblr-1765 114 17 insolvency insolvency NOUN cblr-1765 114 18 often often ADV cblr-1765 114 19 present present VERB cblr-1765 114 20 multiple multiple ADJ cblr-1765 114 21 viable viable ADJ cblr-1765 114 22 candidate candidate NOUN cblr-1765 114 23 jurisdictions jurisdiction NOUN cblr-1765 114 24 . . PUNCT cblr-1765 115 1 in in ADP cblr-1765 115 2 these these DET cblr-1765 115 3 cases case NOUN cblr-1765 115 4 , , PUNCT cblr-1765 115 5 the the DET cblr-1765 115 6 specific specific ADJ cblr-1765 115 7 test test NOUN cblr-1765 115 8 and and CCONJ cblr-1765 115 9 relative relative ADJ cblr-1765 115 10 valuation valuation NOUN cblr-1765 115 11 of of ADP cblr-1765 115 12 factors factor NOUN cblr-1765 115 13 employed employ VERB cblr-1765 115 14 by by ADP cblr-1765 115 15 a a DET cblr-1765 115 16 particular particular ADJ cblr-1765 115 17 u.s u.s PROPN cblr-1765 115 18 . . PROPN cblr-1765 115 19 bankruptcy bankruptcy NOUN cblr-1765 115 20 court court NOUN cblr-1765 115 21 will will AUX cblr-1765 115 22 determine determine VERB cblr-1765 115 23 which which DET cblr-1765 115 24 jurisdiction jurisdiction NOUN cblr-1765 115 25 is be AUX cblr-1765 115 26 given give VERB cblr-1765 115 27 primacy.18 primacy.18 VERB cblr-1765 115 28 a a DET cblr-1765 115 29 number number NOUN cblr-1765 115 30 of of ADP cblr-1765 115 31 jurisdictions jurisdiction NOUN cblr-1765 115 32 could could AUX cblr-1765 115 33 hypothetically hypothetically ADV cblr-1765 115 34 qualify qualify VERB cblr-1765 115 35 as as ADP cblr-1765 115 36 a a DET cblr-1765 115 37 company company NOUN cblr-1765 115 38 ’s ’s PART cblr-1765 115 39 comi comi NOUN cblr-1765 115 40 , , PUNCT cblr-1765 115 41 namely namely ADV cblr-1765 115 42 its its PRON cblr-1765 115 43 country country NOUN cblr-1765 115 44 of of ADP cblr-1765 115 45 incorporation incorporation NOUN cblr-1765 115 46 ( ( PUNCT cblr-1765 115 47 registered registered ADJ cblr-1765 115 48 office office NOUN cblr-1765 115 49 ) ) PUNCT cblr-1765 115 50 , , PUNCT cblr-1765 115 51 the the DET cblr-1765 115 52 location location NOUN cblr-1765 115 53 of of ADP cblr-1765 115 54 its its PRON cblr-1765 115 55 headquarters headquarters NOUN cblr-1765 115 56 , , PUNCT cblr-1765 115 57 the the DET cblr-1765 115 58 jurisdiction jurisdiction NOUN cblr-1765 115 59 that that PRON cblr-1765 115 60 contains contain VERB cblr-1765 115 61 substantially substantially ADV cblr-1765 115 62 all all PRON cblr-1765 115 63 of of ADP cblr-1765 115 64 its its PRON cblr-1765 115 65 employees employee NOUN cblr-1765 115 66 or or CCONJ cblr-1765 115 67 day day NOUN cblr-1765 115 68 - - PUNCT cblr-1765 115 69 to to ADP cblr-1765 115 70 - - PUNCT cblr-1765 115 71 day day NOUN cblr-1765 115 72 operations operation NOUN cblr-1765 115 73 , , PUNCT cblr-1765 115 74 and and CCONJ cblr-1765 115 75 the the DET cblr-1765 115 76 locality locality NOUN cblr-1765 115 77 featuring feature VERB cblr-1765 115 78 the the DET cblr-1765 115 79 preponderance preponderance NOUN cblr-1765 115 80 of of ADP cblr-1765 115 81 its its PRON cblr-1765 115 82 assets.19 assets.19 NOUN cblr-1765 115 83 some some DET cblr-1765 115 84 courts court NOUN cblr-1765 115 85 may may AUX cblr-1765 115 86 choose choose VERB cblr-1765 115 87 to to PART cblr-1765 115 88 focus focus VERB cblr-1765 115 89 on on ADP cblr-1765 115 90 the the DET cblr-1765 115 91 registration registration NOUN cblr-1765 115 92 and and CCONJ cblr-1765 115 93 geographic geographic ADJ cblr-1765 115 94 distribution distribution NOUN cblr-1765 115 95 of of ADP cblr-1765 115 96 a a DET cblr-1765 115 97 company company NOUN cblr-1765 115 98 . . PUNCT cblr-1765 116 1 others other NOUN cblr-1765 116 2 might might AUX cblr-1765 116 3 adopt adopt VERB cblr-1765 116 4 a a DET cblr-1765 116 5 more more ADV cblr-1765 116 6 18 18 NUM cblr-1765 116 7 see see NOUN cblr-1765 116 8 ulrik ulrik PROPN cblr-1765 116 9 rammeskow rammeskow PROPN cblr-1765 116 10 bang bang PROPN cblr-1765 116 11 - - PUNCT cblr-1765 116 12 pedersen pedersen PROPN cblr-1765 116 13 , , PUNCT cblr-1765 116 14 asset asset NOUN cblr-1765 116 15 distribution distribution NOUN cblr-1765 116 16 in in ADP cblr-1765 116 17 transnational transnational ADJ cblr-1765 116 18 insolvencies insolvency NOUN cblr-1765 116 19 : : PUNCT cblr-1765 116 20 combining combine VERB cblr-1765 116 21 predictability predictability NOUN cblr-1765 116 22 and and CCONJ cblr-1765 116 23 protection protection NOUN cblr-1765 116 24 of of ADP cblr-1765 116 25 local local ADJ cblr-1765 116 26 interests interest NOUN cblr-1765 116 27 , , PUNCT cblr-1765 116 28 73 73 NUM cblr-1765 116 29 am am NOUN cblr-1765 116 30 . . PUNCT cblr-1765 117 1 bankr bankr PROPN cblr-1765 117 2 . . PUNCT cblr-1765 118 1 l.j l.j PROPN cblr-1765 118 2 . . PROPN cblr-1765 118 3 385 385 NUM cblr-1765 118 4 , , PUNCT cblr-1765 118 5 418 418 NUM cblr-1765 118 6 ( ( PUNCT cblr-1765 118 7 1999 1999 NUM cblr-1765 118 8 ) ) PUNCT cblr-1765 118 9 ( ( PUNCT cblr-1765 118 10 “ " PUNCT cblr-1765 118 11 [ [ X cblr-1765 118 12 i]n i]n NOUN cblr-1765 118 13 most most ADJ cblr-1765 118 14 cases case VERB cblr-1765 118 15 determination determination NOUN cblr-1765 118 16 of of ADP cblr-1765 118 17 the the DET cblr-1765 118 18 home home NOUN cblr-1765 118 19 country country NOUN cblr-1765 118 20 will will AUX cblr-1765 118 21 be be AUX cblr-1765 118 22 obvious obvious ADJ cblr-1765 118 23 regardless regardless ADV cblr-1765 118 24 of of ADP cblr-1765 118 25 which which DET cblr-1765 118 26 standard standard NOUN cblr-1765 118 27 is be AUX cblr-1765 118 28 used use VERB cblr-1765 118 29 . . PUNCT cblr-1765 118 30 ” " PUNCT cblr-1765 118 31 ) ) PUNCT cblr-1765 118 32 ; ; PUNCT cblr-1765 118 33 guzman guzman NOUN cblr-1765 118 34 , , PUNCT cblr-1765 118 35 supra supra PROPN cblr-1765 118 36 note note PROPN cblr-1765 118 37 17 17 NUM cblr-1765 118 38 , , PUNCT cblr-1765 118 39 at at ADP cblr-1765 118 40 2207 2207 NUM cblr-1765 118 41 ( ( PUNCT cblr-1765 118 42 “ " PUNCT cblr-1765 118 43 [ [ X cblr-1765 118 44 t]here t]here NOUN cblr-1765 118 45 is be AUX cblr-1765 118 46 widespread widespread ADJ cblr-1765 118 47 agreement agreement NOUN cblr-1765 118 48 among among ADP cblr-1765 118 49 those those PRON cblr-1765 118 50 interested interested ADJ cblr-1765 118 51 in in ADP cblr-1765 118 52 transnational transnational ADJ cblr-1765 118 53 insolvency insolvency NOUN cblr-1765 118 54 that that PRON cblr-1765 118 55 , , PUNCT cblr-1765 118 56 in in ADP cblr-1765 118 57 the the DET cblr-1765 118 58 vast vast ADJ cblr-1765 118 59 majority majority NOUN cblr-1765 118 60 of of ADP cblr-1765 118 61 cases case NOUN cblr-1765 118 62 , , PUNCT cblr-1765 118 63 the the DET cblr-1765 118 64 home home NOUN cblr-1765 118 65 country country NOUN cblr-1765 118 66 will will AUX cblr-1765 118 67 be be AUX cblr-1765 118 68 easy easy ADJ cblr-1765 118 69 to to PART cblr-1765 118 70 identify identify VERB cblr-1765 118 71 — — PUNCT cblr-1765 118 72 making make VERB cblr-1765 118 73 the the DET cblr-1765 118 74 issue issue NOUN cblr-1765 118 75 a a DET cblr-1765 118 76 minor minor ADJ cblr-1765 118 77 question question NOUN cblr-1765 118 78 . . PUNCT cblr-1765 118 79 ” " PUNCT cblr-1765 118 80 ) ) PUNCT cblr-1765 118 81 . . PUNCT cblr-1765 119 1 contra contra PROPN cblr-1765 119 2 lynn lynn PROPN cblr-1765 119 3 m. m. PROPN cblr-1765 119 4 lopucki lopucki PROPN cblr-1765 119 5 , , PUNCT cblr-1765 119 6 the the DET cblr-1765 119 7 case case NOUN cblr-1765 119 8 for for ADP cblr-1765 119 9 cooperative cooperative ADJ cblr-1765 119 10 territoriality territoriality NOUN cblr-1765 119 11 in in ADP cblr-1765 119 12 international international ADJ cblr-1765 119 13 bankruptcy bankruptcy NOUN cblr-1765 119 14 , , PUNCT cblr-1765 119 15 98 98 NUM cblr-1765 119 16 mich mich X cblr-1765 119 17 . . PUNCT cblr-1765 120 1 l. l. PROPN cblr-1765 120 2 rev rev PROPN cblr-1765 120 3 . . PROPN cblr-1765 120 4 2216 2216 NUM cblr-1765 120 5 , , PUNCT cblr-1765 120 6 2227 2227 NUM cblr-1765 120 7 ( ( PUNCT cblr-1765 120 8 2000 2000 NUM cblr-1765 120 9 ) ) PUNCT cblr-1765 120 10 ( ( PUNCT cblr-1765 120 11 “ " PUNCT cblr-1765 120 12 universalists universalist NOUN cblr-1765 120 13 attempt attempt VERB cblr-1765 120 14 to to PART cblr-1765 120 15 dismiss dismiss VERB cblr-1765 120 16 this this DET cblr-1765 120 17 issue issue NOUN cblr-1765 120 18 with with ADP cblr-1765 120 19 the the DET cblr-1765 120 20 assertion assertion NOUN cblr-1765 120 21 that that SCONJ cblr-1765 120 22 the the DET cblr-1765 120 23 identity identity NOUN cblr-1765 120 24 of of ADP cblr-1765 120 25 the the DET cblr-1765 120 26 home home NOUN cblr-1765 120 27 country country NOUN cblr-1765 120 28 will will AUX cblr-1765 120 29 be be AUX cblr-1765 120 30 obvious obvious ADJ cblr-1765 120 31 in in ADP cblr-1765 120 32 most most ADJ cblr-1765 120 33 cases case NOUN cblr-1765 120 34 . . PUNCT cblr-1765 121 1 but but CCONJ cblr-1765 121 2 that that DET cblr-1765 121 3 rationale rationale NOUN cblr-1765 121 4 contradicts contradict VERB cblr-1765 121 5 their their PRON cblr-1765 121 6 basic basic ADJ cblr-1765 121 7 premise premise NOUN cblr-1765 121 8 of of ADP cblr-1765 121 9 increasing increase VERB cblr-1765 121 10 globalization globalization NOUN cblr-1765 121 11 . . PUNCT cblr-1765 122 1 no no DET cblr-1765 122 2 one one NOUN cblr-1765 122 3 can can AUX cblr-1765 122 4 deny deny VERB cblr-1765 122 5 the the DET cblr-1765 122 6 existence existence NOUN cblr-1765 122 7 of of ADP cblr-1765 122 8 a a DET cblr-1765 122 9 substantial substantial ADJ cblr-1765 122 10 number number NOUN cblr-1765 122 11 of of ADP cblr-1765 122 12 multinational multinational ADJ cblr-1765 122 13 companies company NOUN cblr-1765 122 14 whose whose DET cblr-1765 122 15 home home NOUN cblr-1765 122 16 countries country NOUN cblr-1765 122 17 are be AUX cblr-1765 122 18 either either CCONJ cblr-1765 122 19 not not PART cblr-1765 122 20 obvious obvious ADJ cblr-1765 122 21 or or CCONJ cblr-1765 122 22 in in ADP cblr-1765 122 23 flux flux NOUN cblr-1765 122 24 . . PUNCT cblr-1765 123 1 that that DET cblr-1765 123 2 number number NOUN cblr-1765 123 3 will will AUX cblr-1765 123 4 grow grow VERB cblr-1765 123 5 naturally naturally ADV cblr-1765 123 6 with with ADP cblr-1765 123 7 the the DET cblr-1765 123 8 increasing increase VERB cblr-1765 123 9 globalization globalization NOUN cblr-1765 123 10 of of ADP cblr-1765 123 11 business business NOUN cblr-1765 123 12 . . PUNCT cblr-1765 124 1 in in ADP cblr-1765 124 2 a a DET cblr-1765 124 3 prematurely prematurely ADV cblr-1765 124 4 universalist universalist ADJ cblr-1765 124 5 system system NOUN cblr-1765 124 6 , , PUNCT cblr-1765 124 7 that that SCONJ cblr-1765 124 8 growth growth NOUN cblr-1765 124 9 might might AUX cblr-1765 124 10 turn turn VERB cblr-1765 124 11 malignant malignant ADJ cblr-1765 124 12 , , PUNCT cblr-1765 124 13 as as SCONJ cblr-1765 124 14 financially financially ADV cblr-1765 124 15 ailing ail VERB cblr-1765 124 16 companies company NOUN cblr-1765 124 17 jockey jockey VERB cblr-1765 124 18 to to PART cblr-1765 124 19 give give VERB cblr-1765 124 20 themselves themselves PRON cblr-1765 124 21 bankruptcy bankruptcy NOUN cblr-1765 124 22 options option NOUN cblr-1765 124 23 . . PUNCT cblr-1765 124 24 ” " PUNCT cblr-1765 124 25 ) ) PUNCT cblr-1765 124 26 . . PUNCT cblr-1765 125 1 while while SCONJ cblr-1765 125 2 these these DET cblr-1765 125 3 authors author NOUN cblr-1765 125 4 discussed discuss VERB cblr-1765 125 5 this this DET cblr-1765 125 6 dilemma dilemma NOUN cblr-1765 125 7 before before ADP cblr-1765 125 8 the the DET cblr-1765 125 9 implementation implementation NOUN cblr-1765 125 10 of of ADP cblr-1765 125 11 chapter chapter NOUN cblr-1765 125 12 15 15 NUM cblr-1765 125 13 , , PUNCT cblr-1765 125 14 their their PRON cblr-1765 125 15 contributions contribution NOUN cblr-1765 125 16 are be AUX cblr-1765 125 17 equally equally ADV cblr-1765 125 18 relevant relevant ADJ cblr-1765 125 19 as as SCONJ cblr-1765 125 20 comi comi NOUN cblr-1765 125 21 analysis analysis NOUN cblr-1765 125 22 has have AUX cblr-1765 125 23 run run VERB cblr-1765 125 24 into into ADP cblr-1765 125 25 the the DET cblr-1765 125 26 exact exact ADJ cblr-1765 125 27 problem problem NOUN cblr-1765 125 28 envisioned envision VERB cblr-1765 125 29 by by ADP cblr-1765 125 30 lopucki lopucki PROPN cblr-1765 125 31 . . PROPN cblr-1765 126 1 19 19 NUM cblr-1765 126 2 lopucki lopucki PROPN cblr-1765 126 3 , , PUNCT cblr-1765 126 4 supra supra PROPN cblr-1765 126 5 note note PROPN cblr-1765 126 6 18 18 NUM cblr-1765 126 7 , , PUNCT cblr-1765 126 8 at at ADP cblr-1765 126 9 2226–27 2226–27 NUM cblr-1765 126 10 . . PUNCT cblr-1765 127 1 hallock hallock NOUN cblr-1765 127 2 – – PUNCT cblr-1765 127 3 final final ADJ cblr-1765 127 4 1082 1082 NUM cblr-1765 127 5 columbia columbia PROPN cblr-1765 127 6 business business NOUN cblr-1765 127 7 law law PROPN cblr-1765 127 8 review review NOUN cblr-1765 127 9 [ [ X cblr-1765 127 10 vol vol NOUN cblr-1765 127 11 . . NOUN cblr-1765 127 12 2015 2015 NUM cblr-1765 127 13 abstract abstract ADJ cblr-1765 127 14 test test NOUN cblr-1765 127 15 that that PRON cblr-1765 127 16 imputes impute VERB cblr-1765 127 17 numerous numerous ADJ cblr-1765 127 18 factors factor NOUN cblr-1765 127 19 into into ADP cblr-1765 127 20 unclear unclear ADJ cblr-1765 127 21 formulas formula NOUN cblr-1765 127 22 to to PART cblr-1765 127 23 determine determine VERB cblr-1765 127 24 comi.20 comi.20 NOUN cblr-1765 127 25 the the DET cblr-1765 127 26 choice choice NOUN cblr-1765 127 27 of of ADP cblr-1765 127 28 analysis analysis NOUN cblr-1765 127 29 is be AUX cblr-1765 127 30 especially especially ADV cblr-1765 127 31 relevant relevant ADJ cblr-1765 127 32 in in ADP cblr-1765 127 33 the the DET cblr-1765 127 34 offshore offshore ADJ cblr-1765 127 35 hedge hedge NOUN cblr-1765 127 36 fund fund NOUN cblr-1765 127 37 cases case NOUN cblr-1765 127 38 at at ADP cblr-1765 127 39 the the DET cblr-1765 127 40 center center NOUN cblr-1765 127 41 of of ADP cblr-1765 127 42 many many ADJ cblr-1765 127 43 of of ADP cblr-1765 127 44 the the DET cblr-1765 127 45 most most ADV cblr-1765 127 46 complex complex ADJ cblr-1765 127 47 judicial judicial ADJ cblr-1765 127 48 comi comi NOUN cblr-1765 127 49 determinations determination NOUN cblr-1765 127 50 . . PUNCT cblr-1765 128 1 the the DET cblr-1765 128 2 entity entity NOUN cblr-1765 128 3 ’s ’s PART cblr-1765 128 4 registered register VERB cblr-1765 128 5 office office NOUN cblr-1765 128 6 , , PUNCT cblr-1765 128 7 headquarters headquarters NOUN cblr-1765 128 8 , , PUNCT cblr-1765 128 9 employees employee NOUN cblr-1765 128 10 , , PUNCT cblr-1765 128 11 and and CCONJ cblr-1765 128 12 assets asset NOUN cblr-1765 128 13 may may AUX cblr-1765 128 14 each each PRON cblr-1765 128 15 be be AUX cblr-1765 128 16 located locate VERB cblr-1765 128 17 in in ADP cblr-1765 128 18 disparate disparate ADJ cblr-1765 128 19 countries country NOUN cblr-1765 128 20 around around ADP cblr-1765 128 21 the the DET cblr-1765 128 22 globe globe NOUN cblr-1765 128 23 , , PUNCT cblr-1765 128 24 with with ADP cblr-1765 128 25 each each DET cblr-1765 128 26 candidate candidate NOUN cblr-1765 128 27 jurisdiction jurisdiction NOUN cblr-1765 128 28 presenting present VERB cblr-1765 128 29 substantially substantially ADV cblr-1765 128 30 differing differ VERB cblr-1765 128 31 bankruptcy bankruptcy NOUN cblr-1765 128 32 regimes.21 regimes.21 PROPN cblr-1765 128 33 in in ADP cblr-1765 128 34 developing develop VERB cblr-1765 128 35 tests test NOUN cblr-1765 128 36 for for ADP cblr-1765 128 37 comi comi NOUN cblr-1765 128 38 , , PUNCT cblr-1765 128 39 a a DET cblr-1765 128 40 court court NOUN cblr-1765 128 41 ’s ’s PART cblr-1765 128 42 inevitable inevitable ADJ cblr-1765 128 43 starting starting NOUN cblr-1765 128 44 point point NOUN cblr-1765 128 45 is be AUX cblr-1765 128 46 the the DET cblr-1765 128 47 text text NOUN cblr-1765 128 48 of of ADP cblr-1765 128 49 chapter chapter NOUN cblr-1765 128 50 15 15 NUM cblr-1765 128 51 . . PUNCT cblr-1765 129 1 as as SCONJ cblr-1765 129 2 previously previously ADV cblr-1765 129 3 mentioned mention VERB cblr-1765 129 4 , , PUNCT cblr-1765 129 5 the the DET cblr-1765 129 6 only only ADJ cblr-1765 129 7 direction direction NOUN cblr-1765 129 8 provided provide VERB cblr-1765 129 9 by by ADP cblr-1765 129 10 chapter chapter NOUN cblr-1765 129 11 15 15 NUM cblr-1765 129 12 is be AUX cblr-1765 129 13 that that SCONJ cblr-1765 129 14 courts court NOUN cblr-1765 129 15 should should AUX cblr-1765 129 16 presume presume VERB cblr-1765 129 17 , , PUNCT cblr-1765 129 18 in in ADP cblr-1765 129 19 the the DET cblr-1765 129 20 absence absence NOUN cblr-1765 129 21 of of ADP cblr-1765 129 22 evidence evidence NOUN cblr-1765 129 23 to to ADP cblr-1765 129 24 the the DET cblr-1765 129 25 contrary contrary NOUN cblr-1765 129 26 , , PUNCT cblr-1765 129 27 that that SCONJ cblr-1765 129 28 the the DET cblr-1765 129 29 debtor debtor NOUN cblr-1765 129 30 ’s ’s PART cblr-1765 129 31 registered register VERB cblr-1765 129 32 office office NOUN cblr-1765 129 33 is be AUX cblr-1765 129 34 its its PRON cblr-1765 129 35 comi.22 comi.22 NOUN cblr-1765 129 36 as as ADP cblr-1765 129 37 chapter chapter NOUN cblr-1765 129 38 15 15 NUM cblr-1765 129 39 ’s ’s PART cblr-1765 129 40 sole sole ADJ cblr-1765 129 41 commentary commentary NOUN cblr-1765 129 42 on on ADP cblr-1765 129 43 comi comi NOUN cblr-1765 129 44 , , PUNCT cblr-1765 129 45 the the DET cblr-1765 129 46 § § PROPN cblr-1765 129 47 1516 1516 NUM cblr-1765 129 48 presumption presumption NOUN cblr-1765 129 49 seemingly seemingly ADV cblr-1765 129 50 invites invite VERB cblr-1765 129 51 courts court NOUN cblr-1765 129 52 to to PART cblr-1765 129 53 utilize utilize VERB cblr-1765 129 54 a a DET cblr-1765 129 55 debtor debtor NOUN cblr-1765 129 56 ’s ’s PART cblr-1765 129 57 country country NOUN cblr-1765 129 58 of of ADP cblr-1765 129 59 incorporation incorporation NOUN cblr-1765 129 60 as as ADP cblr-1765 129 61 the the DET cblr-1765 129 62 primary primary NOUN cblr-1765 129 63 , , PUNCT cblr-1765 129 64 perhaps perhaps ADV cblr-1765 129 65 even even ADV cblr-1765 129 66 decisive decisive ADJ cblr-1765 129 67 , , PUNCT cblr-1765 129 68 factor factor NOUN cblr-1765 129 69 in in ADP cblr-1765 129 70 their their PRON cblr-1765 129 71 analysis.23 analysis.23 NOUN cblr-1765 129 72 20 20 NUM cblr-1765 129 73 for for ADP cblr-1765 129 74 a a DET cblr-1765 129 75 court court NOUN cblr-1765 129 76 adopting adopt VERB cblr-1765 129 77 “ " PUNCT cblr-1765 129 78 principal principal ADJ cblr-1765 129 79 place place NOUN cblr-1765 129 80 of of ADP cblr-1765 129 81 business business NOUN cblr-1765 129 82 ” " PUNCT cblr-1765 129 83 as as ADP cblr-1765 129 84 the the DET cblr-1765 129 85 foundation foundation NOUN cblr-1765 129 86 for for ADP cblr-1765 129 87 its its PRON cblr-1765 129 88 comi comi NOUN cblr-1765 129 89 analysis analysis NOUN cblr-1765 129 90 , , PUNCT cblr-1765 129 91 see see VERB cblr-1765 129 92 in in ADP cblr-1765 129 93 re re NOUN cblr-1765 129 94 millennium millennium NOUN cblr-1765 129 95 global global ADJ cblr-1765 129 96 emerging emerge VERB cblr-1765 129 97 credit credit NOUN cblr-1765 129 98 master master PROPN cblr-1765 129 99 fund fund PROPN cblr-1765 129 100 ltd ltd PROPN cblr-1765 129 101 . . PROPN cblr-1765 129 102 , , PUNCT cblr-1765 129 103 458 458 PROPN cblr-1765 129 104 b.r b.r PROPN cblr-1765 129 105 . . PROPN cblr-1765 129 106 63 63 NUM cblr-1765 129 107 , , PUNCT cblr-1765 129 108 72–73 72–73 NUM cblr-1765 129 109 ( ( PUNCT cblr-1765 129 110 bankr bankr PROPN cblr-1765 129 111 . . PUNCT cblr-1765 130 1 s.d.n.y s.d.n.y PROPN cblr-1765 130 2 . . PROPN cblr-1765 130 3 2011 2011 NUM cblr-1765 130 4 ) ) PUNCT cblr-1765 130 5 , , PUNCT cblr-1765 130 6 aff’d aff’d VERB cblr-1765 130 7 474 474 NUM cblr-1765 130 8 b.r b.r PROPN cblr-1765 130 9 . . PROPN cblr-1765 130 10 88 88 NUM cblr-1765 130 11 ( ( PUNCT cblr-1765 130 12 s.d.n.y s.d.n.y PROPN cblr-1765 130 13 . . PROPN cblr-1765 130 14 2012 2012 NUM cblr-1765 130 15 ) ) PUNCT cblr-1765 130 16 . . PUNCT cblr-1765 131 1 for for ADP cblr-1765 131 2 courts court NOUN cblr-1765 131 3 applying apply VERB cblr-1765 131 4 a a DET cblr-1765 131 5 factor factor NOUN cblr-1765 131 6 - - PUNCT cblr-1765 131 7 based base VERB cblr-1765 131 8 analysis analysis NOUN cblr-1765 131 9 , , PUNCT cblr-1765 131 10 see see VERB cblr-1765 131 11 in in ADP cblr-1765 131 12 re re PROPN cblr-1765 131 13 british british PROPN cblr-1765 131 14 am be AUX cblr-1765 131 15 . . PUNCT cblr-1765 132 1 island island NOUN cblr-1765 132 2 of of ADP cblr-1765 132 3 venice venice PROPN cblr-1765 132 4 , , PUNCT cblr-1765 132 5 ltd ltd PROPN cblr-1765 132 6 . . PROPN cblr-1765 132 7 , , PUNCT cblr-1765 132 8 441 441 NUM cblr-1765 132 9 b.r b.r PROPN cblr-1765 132 10 . . PROPN cblr-1765 132 11 713 713 NUM cblr-1765 132 12 , , PUNCT cblr-1765 132 13 717 717 NUM cblr-1765 132 14 ( ( PUNCT cblr-1765 132 15 bankr bankr PROPN cblr-1765 132 16 . . PUNCT cblr-1765 133 1 s.d s.d PROPN cblr-1765 133 2 . . PROPN cblr-1765 133 3 fla fla PROPN cblr-1765 133 4 . . PUNCT cblr-1765 134 1 2010 2010 NUM cblr-1765 134 2 ) ) PUNCT cblr-1765 135 1 , , PUNCT cblr-1765 135 2 in in ADP cblr-1765 135 3 re re NOUN cblr-1765 135 4 sphinx sphinx NOUN cblr-1765 135 5 , , PUNCT cblr-1765 135 6 ltd ltd PROPN cblr-1765 135 7 . . PROPN cblr-1765 135 8 , , PUNCT cblr-1765 135 9 371 371 NUM cblr-1765 135 10 b.r b.r PROPN cblr-1765 135 11 . . PROPN cblr-1765 135 12 10 10 NUM cblr-1765 135 13 , , PUNCT cblr-1765 135 14 19 19 NUM cblr-1765 135 15 ( ( PUNCT cblr-1765 135 16 s.d.n.y s.d.n.y PROPN cblr-1765 135 17 . . PROPN cblr-1765 135 18 2007 2007 NUM cblr-1765 135 19 ) ) PUNCT cblr-1765 135 20 , , PUNCT cblr-1765 135 21 and and CCONJ cblr-1765 135 22 in in ADP cblr-1765 135 23 re re VERB cblr-1765 135 24 bear bear VERB cblr-1765 135 25 stearns stearns PROPN cblr-1765 135 26 high high ADJ cblr-1765 135 27 - - PUNCT cblr-1765 135 28 grade grade NOUN cblr-1765 135 29 structured structured ADJ cblr-1765 135 30 credit credit NOUN cblr-1765 135 31 strategies strategy NOUN cblr-1765 135 32 master master NOUN cblr-1765 135 33 fund fund PROPN cblr-1765 135 34 , , PUNCT cblr-1765 135 35 ltd ltd PROPN cblr-1765 135 36 . . PROPN cblr-1765 135 37 , , PUNCT cblr-1765 135 38 374 374 NUM cblr-1765 135 39 b.r b.r PROPN cblr-1765 135 40 . . PROPN cblr-1765 135 41 122 122 NUM cblr-1765 135 42 , , PUNCT cblr-1765 135 43 128 128 NUM cblr-1765 135 44 ( ( PUNCT cblr-1765 135 45 bankr bankr PROPN cblr-1765 135 46 . . PUNCT cblr-1765 136 1 s.d.n.y s.d.n.y PROPN cblr-1765 136 2 . . PROPN cblr-1765 136 3 2007 2007 NUM cblr-1765 136 4 ) ) PUNCT cblr-1765 136 5 . . PUNCT cblr-1765 137 1 21 21 NUM cblr-1765 137 2 see see VERB cblr-1765 137 3 in in ADP cblr-1765 137 4 re re PROPN cblr-1765 137 5 fairfield fairfield PROPN cblr-1765 137 6 sentry sentry PROPN cblr-1765 137 7 ltd ltd PROPN cblr-1765 137 8 . . PROPN cblr-1765 137 9 , , PUNCT cblr-1765 137 10 714 714 NUM cblr-1765 137 11 f.3d f.3d NUM cblr-1765 137 12 127 127 NUM cblr-1765 137 13 ( ( PUNCT cblr-1765 137 14 2d 2d NUM cblr-1765 137 15 cir cir NOUN cblr-1765 137 16 . . PROPN cblr-1765 137 17 2013 2013 NUM cblr-1765 137 18 ) ) PUNCT cblr-1765 137 19 ( ( PUNCT cblr-1765 137 20 recognition recognition NOUN cblr-1765 137 21 proceeding proceed VERB cblr-1765 137 22 for for ADP cblr-1765 137 23 feeder feeder NOUN cblr-1765 137 24 funds fund NOUN cblr-1765 137 25 that that PRON cblr-1765 137 26 invested invest VERB cblr-1765 137 27 with with ADP cblr-1765 137 28 bernard bernard PROPN cblr-1765 137 29 l. l. PROPN cblr-1765 137 30 madoff madoff PROPN cblr-1765 137 31 investment investment PROPN cblr-1765 137 32 securities securities PROPN cblr-1765 137 33 llc llc PROPN cblr-1765 137 34 , , PUNCT cblr-1765 137 35 with with ADP cblr-1765 137 36 registered register VERB cblr-1765 137 37 office office NOUN cblr-1765 137 38 in in ADP cblr-1765 137 39 british british PROPN cblr-1765 137 40 virgin virgin PROPN cblr-1765 137 41 islands islands PROPN cblr-1765 137 42 , , PUNCT cblr-1765 137 43 but but CCONJ cblr-1765 137 44 with with ADP cblr-1765 137 45 board board NOUN cblr-1765 137 46 based base VERB cblr-1765 137 47 in in ADP cblr-1765 137 48 new new PROPN cblr-1765 137 49 york york PROPN cblr-1765 137 50 and and CCONJ cblr-1765 137 51 day day NOUN cblr-1765 137 52 - - PUNCT cblr-1765 137 53 to to ADP cblr-1765 137 54 - - PUNCT cblr-1765 137 55 day day NOUN cblr-1765 137 56 operations operation NOUN cblr-1765 137 57 handled handle VERB cblr-1765 137 58 by by ADP cblr-1765 137 59 investment investment NOUN cblr-1765 137 60 manager manager NOUN cblr-1765 137 61 based base VERB cblr-1765 137 62 in in ADP cblr-1765 137 63 new new PROPN cblr-1765 137 64 york york PROPN cblr-1765 137 65 ) ) PUNCT cblr-1765 137 66 ; ; PUNCT cblr-1765 137 67 in in ADP cblr-1765 137 68 re re NOUN cblr-1765 137 69 sphinx sphinx NOUN cblr-1765 137 70 , , PUNCT cblr-1765 137 71 371 371 NUM cblr-1765 137 72 b.r b.r PROPN cblr-1765 137 73 . . PROPN cblr-1765 137 74 at at ADP cblr-1765 137 75 10 10 NUM cblr-1765 137 76 ( ( PUNCT cblr-1765 137 77 recognition recognition NOUN cblr-1765 137 78 proceeding proceeding NOUN cblr-1765 137 79 where where SCONJ cblr-1765 137 80 hedge hedge NOUN cblr-1765 137 81 funds fund NOUN cblr-1765 137 82 were be AUX cblr-1765 137 83 established establish VERB cblr-1765 137 84 as as ADP cblr-1765 137 85 offshore offshore ADJ cblr-1765 137 86 entities entity NOUN cblr-1765 137 87 incorporated incorporate VERB cblr-1765 137 88 and and CCONJ cblr-1765 137 89 registered register VERB cblr-1765 137 90 in in ADP cblr-1765 137 91 the the DET cblr-1765 137 92 cayman cayman PROPN cblr-1765 137 93 islands island NOUN cblr-1765 137 94 , , PUNCT cblr-1765 137 95 with with ADP cblr-1765 137 96 no no DET cblr-1765 137 97 offices office NOUN cblr-1765 137 98 or or CCONJ cblr-1765 137 99 employees employee NOUN cblr-1765 137 100 in in ADP cblr-1765 137 101 the the DET cblr-1765 137 102 cayman cayman PROPN cblr-1765 137 103 islands island NOUN cblr-1765 137 104 and and CCONJ cblr-1765 137 105 business business NOUN cblr-1765 137 106 conducted conduct VERB cblr-1765 137 107 under under ADP cblr-1765 137 108 contract contract NOUN cblr-1765 137 109 with with ADP cblr-1765 137 110 new new PROPN cblr-1765 137 111 york york PROPN cblr-1765 137 112 corporation corporation PROPN cblr-1765 137 113 ) ) PUNCT cblr-1765 137 114 ; ; PUNCT cblr-1765 137 115 in in ADP cblr-1765 137 116 re re VERB cblr-1765 137 117 bear bear PROPN cblr-1765 137 118 stearns stearns PROPN cblr-1765 137 119 , , PUNCT cblr-1765 137 120 374 374 NUM cblr-1765 137 121 b.r b.r PROPN cblr-1765 137 122 . . PROPN cblr-1765 137 123 at at ADP cblr-1765 137 124 122 122 NUM cblr-1765 137 125 ( ( PUNCT cblr-1765 137 126 funds fund NOUN cblr-1765 137 127 with with ADP cblr-1765 137 128 registered register VERB cblr-1765 137 129 offices office NOUN cblr-1765 137 130 in in ADP cblr-1765 137 131 the the DET cblr-1765 137 132 cayman cayman PROPN cblr-1765 137 133 islands island NOUN cblr-1765 137 134 , , PUNCT cblr-1765 137 135 but but CCONJ cblr-1765 137 136 administered administer VERB cblr-1765 137 137 by by ADP cblr-1765 137 138 corporation corporation NOUN cblr-1765 137 139 based base VERB cblr-1765 137 140 in in ADP cblr-1765 137 141 massachusetts massachusetts PROPN cblr-1765 137 142 ) ) PUNCT cblr-1765 137 143 . . PUNCT cblr-1765 138 1 22 22 NUM cblr-1765 138 2 11 11 NUM cblr-1765 138 3 u.s.c u.s.c NOUN cblr-1765 138 4 . . PUNCT cblr-1765 139 1 § § PROPN cblr-1765 139 2 1516(c 1516(c NUM cblr-1765 139 3 ) ) PUNCT cblr-1765 139 4 ( ( PUNCT cblr-1765 139 5 2012 2012 NUM cblr-1765 139 6 ) ) PUNCT cblr-1765 139 7 . . PUNCT cblr-1765 140 1 23 23 NUM cblr-1765 140 2 see see VERB cblr-1765 140 3 westbrook westbrook NOUN cblr-1765 140 4 , , PUNCT cblr-1765 140 5 supra supra PROPN cblr-1765 140 6 note note PROPN cblr-1765 140 7 10 10 NUM cblr-1765 140 8 , , PUNCT cblr-1765 140 9 at at ADP cblr-1765 140 10 1033 1033 NUM cblr-1765 140 11 ( ( PUNCT cblr-1765 140 12 “ " PUNCT cblr-1765 140 13 along along ADP cblr-1765 140 14 with with ADP cblr-1765 140 15 the the DET cblr-1765 140 16 other other ADJ cblr-1765 140 17 presumptions presumption NOUN cblr-1765 140 18 in in ADP cblr-1765 140 19 article article NOUN cblr-1765 140 20 1516 1516 NUM cblr-1765 140 21 of of ADP cblr-1765 140 22 the the DET cblr-1765 140 23 model model NOUN cblr-1765 140 24 law law NOUN cblr-1765 140 25 , , PUNCT cblr-1765 140 26 this this DET cblr-1765 140 27 one one NOUN cblr-1765 140 28 permits permit VERB cblr-1765 140 29 and and CCONJ cblr-1765 140 30 encourages encourage VERB cblr-1765 140 31 fast fast ADJ cblr-1765 140 32 action action NOUN cblr-1765 140 33 in in ADP cblr-1765 140 34 cases case NOUN cblr-1765 140 35 where where SCONJ cblr-1765 140 36 speed speed NOUN cblr-1765 140 37 may may AUX cblr-1765 140 38 be be AUX cblr-1765 140 39 essential essential ADJ cblr-1765 140 40 , , PUNCT cblr-1765 140 41 while while SCONJ cblr-1765 140 42 hallock hallock NOUN cblr-1765 140 43 – – PUNCT cblr-1765 140 44 final final ADJ cblr-1765 140 45 no no NOUN cblr-1765 140 46 . . PUNCT cblr-1765 141 1 3:1074 3:1074 NUM cblr-1765 141 2 ] ] PUNCT cblr-1765 141 3 time time NOUN cblr-1765 141 4 out out ADP cblr-1765 141 5 1083 1083 NUM cblr-1765 141 6 at at ADP cblr-1765 141 7 first first ADJ cblr-1765 141 8 glance glance NOUN cblr-1765 141 9 , , PUNCT cblr-1765 141 10 this this DET cblr-1765 141 11 definition definition NOUN cblr-1765 141 12 fulfills fulfill VERB cblr-1765 141 13 the the DET cblr-1765 141 14 objectives objective NOUN cblr-1765 141 15 of of ADP cblr-1765 141 16 providing provide VERB cblr-1765 141 17 a a DET cblr-1765 141 18 definitive definitive ADJ cblr-1765 141 19 and and CCONJ cblr-1765 141 20 consistent consistent ADJ cblr-1765 141 21 starting starting NOUN cblr-1765 141 22 point point NOUN cblr-1765 141 23 — — PUNCT cblr-1765 141 24 after after ADV cblr-1765 141 25 all all ADV cblr-1765 141 26 , , PUNCT cblr-1765 141 27 debtors debtor NOUN cblr-1765 141 28 and and CCONJ cblr-1765 141 29 creditors creditor NOUN cblr-1765 141 30 alike alike ADV cblr-1765 141 31 would would AUX cblr-1765 141 32 merely merely ADV cblr-1765 141 33 have have VERB cblr-1765 141 34 to to PART cblr-1765 141 35 look look VERB cblr-1765 141 36 to to ADP cblr-1765 141 37 the the DET cblr-1765 141 38 company company NOUN cblr-1765 141 39 ’s ’s PART cblr-1765 141 40 charter charter NOUN cblr-1765 141 41 to to PART cblr-1765 141 42 determine determine VERB cblr-1765 141 43 its its PRON cblr-1765 141 44 comi comi NOUN cblr-1765 141 45 and and CCONJ cblr-1765 141 46 , , PUNCT cblr-1765 141 47 consequently consequently ADV cblr-1765 141 48 , , PUNCT cblr-1765 141 49 where where SCONJ cblr-1765 141 50 to to PART cblr-1765 141 51 initiate initiate VERB cblr-1765 141 52 a a DET cblr-1765 141 53 foreign foreign ADJ cblr-1765 141 54 proceeding proceeding NOUN cblr-1765 141 55 that that PRON cblr-1765 141 56 will will AUX cblr-1765 141 57 be be AUX cblr-1765 141 58 recognized recognize VERB cblr-1765 141 59 by by ADP cblr-1765 141 60 u.s u.s PROPN cblr-1765 141 61 . . PROPN cblr-1765 141 62 courts court NOUN cblr-1765 141 63 . . PUNCT cblr-1765 142 1 however however ADV cblr-1765 142 2 , , PUNCT cblr-1765 142 3 chapter chapter NOUN cblr-1765 142 4 15 15 NUM cblr-1765 142 5 ’s ’s PART cblr-1765 142 6 legislative legislative ADJ cblr-1765 142 7 history history NOUN cblr-1765 142 8 and and CCONJ cblr-1765 142 9 subsequent subsequent ADJ cblr-1765 142 10 court court NOUN cblr-1765 142 11 decisions decision NOUN cblr-1765 142 12 have have AUX cblr-1765 142 13 largely largely ADV cblr-1765 142 14 stripped strip VERB cblr-1765 142 15 the the DET cblr-1765 142 16 § § PROPN cblr-1765 142 17 1516 1516 NUM cblr-1765 142 18 presumption presumption NOUN cblr-1765 142 19 of of ADP cblr-1765 142 20 consequence consequence NOUN cblr-1765 142 21 . . PUNCT cblr-1765 143 1 looking look VERB cblr-1765 143 2 at at ADP cblr-1765 143 3 legislative legislative ADJ cblr-1765 143 4 history history NOUN cblr-1765 143 5 , , PUNCT cblr-1765 143 6 the the DET cblr-1765 143 7 word word NOUN cblr-1765 143 8 “ " PUNCT cblr-1765 143 9 proof proof NOUN cblr-1765 143 10 ” " PUNCT cblr-1765 143 11 from from ADP cblr-1765 143 12 § § PROPN cblr-1765 143 13 1516 1516 NUM cblr-1765 143 14 ’s ’s PART cblr-1765 143 15 model model NOUN cblr-1765 143 16 law law NOUN cblr-1765 143 17 precursor precursor NOUN cblr-1765 143 18 was be AUX cblr-1765 143 19 changed change VERB cblr-1765 143 20 to to ADP cblr-1765 143 21 “ " PUNCT cblr-1765 143 22 evidence evidence NOUN cblr-1765 143 23 ” " PUNCT cblr-1765 143 24 in in ADP cblr-1765 143 25 chapter chapter NOUN cblr-1765 143 26 15 15 NUM cblr-1765 143 27 to to PART cblr-1765 143 28 emphasize emphasize VERB cblr-1765 143 29 that that SCONJ cblr-1765 143 30 the the DET cblr-1765 143 31 ultimate ultimate ADJ cblr-1765 143 32 burden burden NOUN cblr-1765 143 33 remained remain VERB cblr-1765 143 34 on on ADP cblr-1765 143 35 the the DET cblr-1765 143 36 foreign foreign ADJ cblr-1765 143 37 representative representative NOUN cblr-1765 143 38 to to PART cblr-1765 143 39 prove prove VERB cblr-1765 143 40 its its PRON cblr-1765 143 41 comi.24 comi.24 NOUN cblr-1765 143 42 in in ADP cblr-1765 143 43 other other ADJ cblr-1765 143 44 words word NOUN cblr-1765 143 45 , , PUNCT cblr-1765 143 46 challengers challenger NOUN cblr-1765 143 47 need need AUX cblr-1765 143 48 not not PART cblr-1765 143 49 disprove disprove VERB cblr-1765 143 50 that that SCONJ cblr-1765 143 51 the the DET cblr-1765 143 52 debtor debtor NOUN cblr-1765 143 53 ’s ’s PART cblr-1765 143 54 place place NOUN cblr-1765 143 55 of of ADP cblr-1765 143 56 incorporation incorporation NOUN cblr-1765 143 57 is be AUX cblr-1765 143 58 its its PRON cblr-1765 143 59 comi comi NOUN cblr-1765 143 60 to to PART cblr-1765 143 61 rebut rebut VERB cblr-1765 143 62 the the DET cblr-1765 143 63 presumption presumption NOUN cblr-1765 143 64 ; ; PUNCT cblr-1765 143 65 they they PRON cblr-1765 143 66 merely merely ADV cblr-1765 143 67 need need VERB cblr-1765 143 68 to to PART cblr-1765 143 69 provide provide VERB cblr-1765 143 70 evidence evidence NOUN cblr-1765 143 71 to to ADP cblr-1765 143 72 the the DET cblr-1765 143 73 contrary contrary NOUN cblr-1765 143 74 . . PUNCT cblr-1765 144 1 the the DET cblr-1765 144 2 ultimate ultimate ADJ cblr-1765 144 3 burden burden NOUN cblr-1765 144 4 of of ADP cblr-1765 144 5 establishing establish VERB cblr-1765 144 6 comi comi NOUN cblr-1765 144 7 lies lie VERB cblr-1765 144 8 with with ADP cblr-1765 144 9 the the DET cblr-1765 144 10 debtor debtor NOUN cblr-1765 144 11 . . PUNCT cblr-1765 145 1 indeed indeed ADV cblr-1765 145 2 , , PUNCT cblr-1765 145 3 legislative legislative ADJ cblr-1765 145 4 history history NOUN cblr-1765 145 5 provides provide VERB cblr-1765 145 6 that that SCONJ cblr-1765 145 7 “ " PUNCT cblr-1765 145 8 [ [ X cblr-1765 145 9 t]he t]he ADV cblr-1765 145 10 presumption presumption NOUN cblr-1765 145 11 that that SCONJ cblr-1765 145 12 the the DET cblr-1765 145 13 place place NOUN cblr-1765 145 14 of of ADP cblr-1765 145 15 the the DET cblr-1765 145 16 registered register VERB cblr-1765 145 17 office office NOUN cblr-1765 145 18 is be AUX cblr-1765 145 19 also also ADV cblr-1765 145 20 the the DET cblr-1765 145 21 center center NOUN cblr-1765 145 22 of of ADP cblr-1765 145 23 the the DET cblr-1765 145 24 debtor debtor NOUN cblr-1765 145 25 ’s ’s PART cblr-1765 145 26 main main ADJ cblr-1765 145 27 interest interest NOUN cblr-1765 145 28 is be AUX cblr-1765 145 29 included include VERB cblr-1765 145 30 for for ADP cblr-1765 145 31 speed speed NOUN cblr-1765 145 32 and and CCONJ cblr-1765 145 33 convenience convenience NOUN cblr-1765 145 34 of of ADP cblr-1765 145 35 proof proof NOUN cblr-1765 145 36 where where SCONJ cblr-1765 145 37 there there PRON cblr-1765 145 38 is be VERB cblr-1765 145 39 no no DET cblr-1765 145 40 serious serious ADJ cblr-1765 145 41 controversy controversy NOUN cblr-1765 145 42 . . PUNCT cblr-1765 146 1 ”25 ”25 ADJ cblr-1765 146 2 courts court NOUN cblr-1765 146 3 have have AUX cblr-1765 146 4 generally generally ADV cblr-1765 146 5 responded respond VERB cblr-1765 146 6 by by ADP cblr-1765 146 7 attributing attribute VERB cblr-1765 146 8 minimal minimal ADJ cblr-1765 146 9 importance importance NOUN cblr-1765 146 10 to to ADP cblr-1765 146 11 the the DET cblr-1765 146 12 presumption.26 presumption.26 NOUN cblr-1765 146 13 in in ADP cblr-1765 146 14 fact fact NOUN cblr-1765 146 15 , , PUNCT cblr-1765 146 16 in in ADP cblr-1765 146 17 in in ADP cblr-1765 146 18 re re NOUN cblr-1765 146 19 bear bear PROPN cblr-1765 146 20 stearns stearns PROPN cblr-1765 146 21 , , PUNCT cblr-1765 146 22 the the DET cblr-1765 146 23 court court NOUN cblr-1765 146 24 , , PUNCT cblr-1765 146 25 essentially essentially ADV cblr-1765 146 26 raising raise VERB cblr-1765 146 27 the the DET cblr-1765 146 28 comi comi NOUN cblr-1765 146 29 issue issue NOUN cblr-1765 146 30 sua sua PROPN cblr-1765 146 31 sponte sponte PROPN cblr-1765 146 32 , , PUNCT cblr-1765 146 33 found find VERB cblr-1765 146 34 that that SCONJ cblr-1765 146 35 the the DET cblr-1765 146 36 § § PROPN cblr-1765 146 37 1516 1516 NUM cblr-1765 146 38 presumption presumption NOUN cblr-1765 146 39 could could AUX cblr-1765 146 40 be be AUX cblr-1765 146 41 rebutted rebut VERB cblr-1765 146 42 , , PUNCT cblr-1765 146 43 even even ADV cblr-1765 146 44 without without ADP cblr-1765 146 45 any any DET cblr-1765 146 46 party party NOUN cblr-1765 146 47 raising raise VERB cblr-1765 146 48 the the DET cblr-1765 146 49 issue.27 issue.27 ADJ cblr-1765 146 50 leaving leave VERB cblr-1765 146 51 the the DET cblr-1765 146 52 debtor debtor NOUN cblr-1765 146 53 ’s ’s PART cblr-1765 146 54 true true ADJ cblr-1765 146 55 ‘ ' PUNCT cblr-1765 146 56 center center NOUN cblr-1765 146 57 ’ ' PUNCT cblr-1765 146 58 open open ADJ cblr-1765 146 59 to to PART cblr-1765 146 60 dispute dispute VERB cblr-1765 146 61 in in ADP cblr-1765 146 62 cases case NOUN cblr-1765 146 63 where where SCONJ cblr-1765 146 64 the the DET cblr-1765 146 65 facts fact NOUN cblr-1765 146 66 are be AUX cblr-1765 146 67 more more ADV cblr-1765 146 68 doubtful doubtful ADJ cblr-1765 146 69 . . PUNCT cblr-1765 146 70 ” " PUNCT cblr-1765 146 71 ) ) PUNCT cblr-1765 146 72 . . PUNCT cblr-1765 147 1 24 24 NUM cblr-1765 147 2 h.r h.r PROPN cblr-1765 147 3 . . PROPN cblr-1765 147 4 rep rep PROPN cblr-1765 147 5 no no PROPN cblr-1765 147 6 . . PROPN cblr-1765 147 7 109 109 NUM cblr-1765 147 8 - - SYM cblr-1765 147 9 31 31 NUM cblr-1765 147 10 , , PUNCT cblr-1765 147 11 pt pt X cblr-1765 147 12 . . PROPN cblr-1765 147 13 1 1 NUM cblr-1765 147 14 , , PUNCT cblr-1765 147 15 at at ADP cblr-1765 147 16 112–13 112–13 NUM cblr-1765 147 17 ( ( PUNCT cblr-1765 147 18 2005 2005 NUM cblr-1765 147 19 ) ) PUNCT cblr-1765 147 20 . . PUNCT cblr-1765 148 1 25 25 NUM cblr-1765 149 1 i i PRON cblr-1765 149 2 d. d. PROPN cblr-1765 149 3 at at ADP cblr-1765 149 4 113 113 NUM cblr-1765 149 5 . . PUNCT cblr-1765 150 1 26 26 NUM cblr-1765 150 2 see see VERB cblr-1765 150 3 westbrook westbrook PROPN cblr-1765 150 4 , , PUNCT cblr-1765 150 5 supra supra PROPN cblr-1765 150 6 note note PROPN cblr-1765 150 7 10 10 NUM cblr-1765 150 8 , , PUNCT cblr-1765 150 9 at at ADP cblr-1765 150 10 1033–34 1033–34 NUM cblr-1765 150 11 ( ( PUNCT cblr-1765 150 12 “ " PUNCT cblr-1765 150 13 [ [ X cblr-1765 150 14 t]he t]he ADJ cblr-1765 150 15 model model NOUN cblr-1765 150 16 law law NOUN cblr-1765 150 17 and and CCONJ cblr-1765 150 18 chapter chapter NOUN cblr-1765 150 19 15 15 NUM cblr-1765 150 20 give give VERB cblr-1765 150 21 limited limited ADJ cblr-1765 150 22 weight weight NOUN cblr-1765 150 23 to to ADP cblr-1765 150 24 the the DET cblr-1765 150 25 presumption presumption NOUN cblr-1765 150 26 of of ADP cblr-1765 150 27 the the DET cblr-1765 150 28 jurisdiction jurisdiction NOUN cblr-1765 150 29 of of ADP cblr-1765 150 30 incorporation incorporation NOUN cblr-1765 150 31 as as ADP cblr-1765 150 32 the the DET cblr-1765 150 33 comi comi NOUN cblr-1765 150 34 . . PUNCT cblr-1765 150 35 ” " PUNCT cblr-1765 150 36 ) ) PUNCT cblr-1765 150 37 . . PUNCT cblr-1765 151 1 27 27 NUM cblr-1765 151 2 in in ADP cblr-1765 151 3 re re AUX cblr-1765 151 4 bear bear PROPN cblr-1765 151 5 stearns stearns PROPN cblr-1765 151 6 high high ADJ cblr-1765 151 7 - - PUNCT cblr-1765 151 8 grade grade NOUN cblr-1765 151 9 structured structured ADJ cblr-1765 151 10 credit credit NOUN cblr-1765 151 11 strategies strategy NOUN cblr-1765 151 12 master master NOUN cblr-1765 151 13 fund fund PROPN cblr-1765 151 14 , , PUNCT cblr-1765 151 15 ltd ltd PROPN cblr-1765 151 16 . . PROPN cblr-1765 151 17 , , PUNCT cblr-1765 151 18 374 374 NUM cblr-1765 151 19 b.r b.r PROPN cblr-1765 151 20 . . PROPN cblr-1765 151 21 122 122 NUM cblr-1765 151 22 , , PUNCT cblr-1765 151 23 125–26 125–26 NUM cblr-1765 151 24 ( ( PUNCT cblr-1765 151 25 bankr bankr PROPN cblr-1765 151 26 . . PUNCT cblr-1765 152 1 s.d.n.y s.d.n.y PROPN cblr-1765 152 2 . . PROPN cblr-1765 152 3 2007 2007 NUM cblr-1765 152 4 ) ) PUNCT cblr-1765 152 5 ( ( PUNCT cblr-1765 152 6 “ " PUNCT cblr-1765 152 7 no no DET cblr-1765 152 8 other other ADJ cblr-1765 152 9 party party NOUN cblr-1765 152 10 has have AUX cblr-1765 152 11 filed file VERB cblr-1765 152 12 a a DET cblr-1765 152 13 response response NOUN cblr-1765 152 14 or or CCONJ cblr-1765 152 15 objection objection NOUN cblr-1765 152 16 to to ADP cblr-1765 152 17 the the DET cblr-1765 152 18 relief relief NOUN cblr-1765 152 19 requested request VERB cblr-1765 152 20 . . PUNCT cblr-1765 153 1 however however ADV cblr-1765 153 2 , , PUNCT cblr-1765 153 3 recognition recognition NOUN cblr-1765 153 4 under under ADP cblr-1765 153 5 section section NOUN cblr-1765 153 6 1517 1517 NUM cblr-1765 153 7 is be AUX cblr-1765 153 8 not not PART cblr-1765 153 9 to to PART cblr-1765 153 10 be be AUX cblr-1765 153 11 rubber rubber NOUN cblr-1765 153 12 stamped stamp VERB cblr-1765 153 13 by by ADP cblr-1765 153 14 the the DET cblr-1765 153 15 courts court NOUN cblr-1765 153 16 . . PUNCT cblr-1765 154 1 this this DET cblr-1765 154 2 court court NOUN cblr-1765 154 3 must must AUX cblr-1765 154 4 make make VERB cblr-1765 154 5 an an DET cblr-1765 154 6 independent independent ADJ cblr-1765 154 7 determination determination NOUN cblr-1765 154 8 as as ADP cblr-1765 154 9 to to ADP cblr-1765 154 10 whether whether SCONJ cblr-1765 154 11 the the DET cblr-1765 154 12 foreign foreign ADJ cblr-1765 154 13 proceeding proceeding NOUN cblr-1765 154 14 meets meet VERB cblr-1765 154 15 the the DET cblr-1765 154 16 definitional definitional ADJ cblr-1765 154 17 requirements requirement NOUN cblr-1765 154 18 of of ADP cblr-1765 154 19 sections section NOUN cblr-1765 154 20 1502 1502 NUM cblr-1765 154 21 and and CCONJ cblr-1765 154 22 1517 1517 NUM cblr-1765 154 23 of of ADP cblr-1765 154 24 the the DET cblr-1765 154 25 bankruptcy bankruptcy NOUN cblr-1765 154 26 code code PROPN cblr-1765 154 27 . . PUNCT cblr-1765 154 28 ” " PUNCT cblr-1765 154 29 ) ) PUNCT cblr-1765 154 30 . . PUNCT cblr-1765 155 1 given give VERB cblr-1765 155 2 the the DET cblr-1765 155 3 sua sua PROPN cblr-1765 155 4 sponte sponte PROPN cblr-1765 155 5 hallock hallock PROPN cblr-1765 155 6 – – PUNCT cblr-1765 155 7 final final ADJ cblr-1765 155 8 1084 1084 NUM cblr-1765 155 9 columbia columbia PROPN cblr-1765 155 10 business business NOUN cblr-1765 155 11 law law PROPN cblr-1765 155 12 review review NOUN cblr-1765 155 13 [ [ X cblr-1765 155 14 vol vol NOUN cblr-1765 155 15 . . NOUN cblr-1765 155 16 2015 2015 NUM cblr-1765 155 17 in in ADP cblr-1765 155 18 other other ADJ cblr-1765 155 19 words word NOUN cblr-1765 155 20 , , PUNCT cblr-1765 155 21 if if SCONJ cblr-1765 155 22 there there PRON cblr-1765 155 23 is be VERB cblr-1765 155 24 sufficient sufficient ADJ cblr-1765 155 25 evidence evidence NOUN cblr-1765 155 26 in in ADP cblr-1765 155 27 the the DET cblr-1765 155 28 record record NOUN cblr-1765 155 29 to to PART cblr-1765 155 30 challenge challenge VERB cblr-1765 155 31 the the DET cblr-1765 155 32 presumption presumption NOUN cblr-1765 155 33 , , PUNCT cblr-1765 155 34 the the DET cblr-1765 155 35 court court NOUN cblr-1765 155 36 may may AUX cblr-1765 155 37 do do VERB cblr-1765 155 38 so so ADV cblr-1765 155 39 on on ADP cblr-1765 155 40 its its PRON cblr-1765 155 41 own.28 own.28 NOUN cblr-1765 155 42 in in ADP cblr-1765 155 43 addition addition NOUN cblr-1765 155 44 to to ADP cblr-1765 155 45 minimizing minimize VERB cblr-1765 155 46 the the DET cblr-1765 155 47 vitality vitality NOUN cblr-1765 155 48 of of ADP cblr-1765 155 49 the the DET cblr-1765 155 50 § § PROPN cblr-1765 155 51 1516 1516 NUM cblr-1765 155 52 presumption presumption NOUN cblr-1765 155 53 , , PUNCT cblr-1765 155 54 courts court NOUN cblr-1765 155 55 have have AUX cblr-1765 155 56 similarly similarly ADV cblr-1765 155 57 limited limit VERB cblr-1765 155 58 the the DET cblr-1765 155 59 significance significance NOUN cblr-1765 155 60 of of ADP cblr-1765 155 61 the the DET cblr-1765 155 62 debtor debtor NOUN cblr-1765 155 63 ’s ’s PART cblr-1765 155 64 place place NOUN cblr-1765 155 65 of of ADP cblr-1765 155 66 incorporation incorporation NOUN cblr-1765 155 67 when when SCONJ cblr-1765 155 68 weighed weigh VERB cblr-1765 155 69 against against ADP cblr-1765 155 70 other other ADJ cblr-1765 155 71 relevant relevant ADJ cblr-1765 155 72 factors factor NOUN cblr-1765 155 73 in in ADP cblr-1765 155 74 their their PRON cblr-1765 155 75 comi comi NOUN cblr-1765 155 76 analysis.29 analysis.29 AUX cblr-1765 155 77 a a DET cblr-1765 155 78 comi comi NOUN cblr-1765 155 79 analysis analysis NOUN cblr-1765 155 80 focusing focus VERB cblr-1765 155 81 on on ADP cblr-1765 155 82 a a DET cblr-1765 155 83 company company NOUN cblr-1765 155 84 ’s ’s PART cblr-1765 155 85 place place NOUN cblr-1765 155 86 of of ADP cblr-1765 155 87 incorporation incorporation NOUN cblr-1765 155 88 has have VERB cblr-1765 155 89 tremendous tremendous ADJ cblr-1765 155 90 potential potential NOUN cblr-1765 155 91 to to PART cblr-1765 155 92 incentivize incentivize VERB cblr-1765 155 93 forum forum PROPN cblr-1765 155 94 shopping shopping NOUN cblr-1765 155 95 : : PUNCT cblr-1765 155 96 companies company NOUN cblr-1765 155 97 will will AUX cblr-1765 155 98 register register VERB cblr-1765 155 99 in in ADP cblr-1765 155 100 the the DET cblr-1765 155 101 jurisdiction jurisdiction NOUN cblr-1765 155 102 most most ADV cblr-1765 155 103 favorable favorable ADJ cblr-1765 155 104 to to ADP cblr-1765 155 105 liquidation liquidation NOUN cblr-1765 155 106 despite despite SCONJ cblr-1765 155 107 not not PART cblr-1765 155 108 having have VERB cblr-1765 155 109 any any DET cblr-1765 155 110 other other ADJ cblr-1765 155 111 connection connection NOUN cblr-1765 155 112 to to ADP cblr-1765 155 113 , , PUNCT cblr-1765 155 114 or or CCONJ cblr-1765 155 115 conducting conduct VERB cblr-1765 155 116 any any DET cblr-1765 155 117 operations operation NOUN cblr-1765 155 118 in in ADP cblr-1765 155 119 , , PUNCT cblr-1765 155 120 that that DET cblr-1765 155 121 particular particular ADJ cblr-1765 155 122 country.30 country.30 NOUN cblr-1765 155 123 to to PART cblr-1765 155 124 prevent prevent VERB cblr-1765 155 125 forum forum PROPN cblr-1765 155 126 shopping shopping NOUN cblr-1765 155 127 , , PUNCT cblr-1765 155 128 the the DET cblr-1765 155 129 bankruptcy bankruptcy NOUN cblr-1765 155 130 court court NOUN cblr-1765 155 131 for for ADP cblr-1765 155 132 the the DET cblr-1765 155 133 southern southern ADJ cblr-1765 155 134 district district NOUN cblr-1765 155 135 of of ADP cblr-1765 155 136 new new PROPN cblr-1765 155 137 york york PROPN cblr-1765 155 138 in in ADP cblr-1765 155 139 in in ADP cblr-1765 155 140 re re VERB cblr-1765 155 141 bear bear PROPN cblr-1765 155 142 stearns stearns PROPN cblr-1765 155 143 conclusively conclusively ADV cblr-1765 155 144 rejected reject VERB cblr-1765 155 145 reliance reliance NOUN cblr-1765 155 146 on on ADP cblr-1765 155 147 the the DET cblr-1765 155 148 place place NOUN cblr-1765 155 149 of of ADP cblr-1765 155 150 incorporation incorporation NOUN cblr-1765 155 151 alone alone ADV cblr-1765 155 152 as as ADP cblr-1765 155 153 determinative determinative ADJ cblr-1765 155 154 of of ADP cblr-1765 155 155 comi.31 comi.31 NOUN cblr-1765 155 156 given give VERB cblr-1765 155 157 that that SCONJ cblr-1765 155 158 the the DET cblr-1765 155 159 petitioner petitioner NOUN cblr-1765 155 160 had have AUX cblr-1765 155 161 no no DET cblr-1765 155 162 connection connection NOUN cblr-1765 155 163 to to ADP cblr-1765 155 164 the the DET cblr-1765 155 165 cayman cayman PROPN cblr-1765 155 166 islands island VERB cblr-1765 155 167 other other ADJ cblr-1765 155 168 than than ADP cblr-1765 155 169 as as ADP cblr-1765 155 170 its its PRON cblr-1765 155 171 place place NOUN cblr-1765 155 172 of of ADP cblr-1765 155 173 incorporation incorporation NOUN cblr-1765 155 174 , , PUNCT cblr-1765 155 175 the the DET cblr-1765 155 176 court court NOUN cblr-1765 155 177 refused refuse VERB cblr-1765 155 178 to to PART cblr-1765 155 179 recognize recognize VERB cblr-1765 155 180 the the DET cblr-1765 155 181 cayman cayman NOUN cblr-1765 155 182 proceeding proceeding NOUN cblr-1765 155 183 as as ADP cblr-1765 155 184 a a DET cblr-1765 155 185 main main ADJ cblr-1765 155 186 or or CCONJ cblr-1765 155 187 nonmain nonmain ADJ cblr-1765 155 188 foreign foreign ADJ cblr-1765 155 189 proceeding.32 proceeding.32 PROPN cblr-1765 155 190 accordingly accordingly ADV cblr-1765 155 191 , , PUNCT cblr-1765 155 192 so so ADV cblr-1765 155 193 - - PUNCT cblr-1765 155 194 called call VERB cblr-1765 155 195 “ " PUNCT cblr-1765 155 196 letterbox letterbox NOUN cblr-1765 155 197 ” " PUNCT cblr-1765 155 198 companies company NOUN cblr-1765 155 199 that that PRON cblr-1765 155 200 do do AUX cblr-1765 155 201 not not PART cblr-1765 155 202 conduct conduct VERB cblr-1765 155 203 any any DET cblr-1765 155 204 business business NOUN cblr-1765 155 205 in in ADP cblr-1765 155 206 the the DET cblr-1765 155 207 country country NOUN cblr-1765 155 208 where where SCONJ cblr-1765 155 209 they they PRON cblr-1765 155 210 are be AUX cblr-1765 155 211 incorporated incorporate VERB cblr-1765 155 212 can can AUX cblr-1765 155 213 not not PART cblr-1765 155 214 use use VERB cblr-1765 155 215 the the DET cblr-1765 155 216 mere mere ADJ cblr-1765 155 217 formality formality NOUN cblr-1765 155 218 of of ADP cblr-1765 155 219 their their PRON cblr-1765 155 220 nature nature NOUN cblr-1765 155 221 of of ADP cblr-1765 155 222 the the DET cblr-1765 155 223 court court NOUN cblr-1765 155 224 ’s ’s PART cblr-1765 155 225 comi comi NOUN cblr-1765 155 226 analysis analysis NOUN cblr-1765 155 227 , , PUNCT cblr-1765 155 228 in in ADP cblr-1765 155 229 in in ADP cblr-1765 155 230 re re NOUN cblr-1765 155 231 bear bear PROPN cblr-1765 155 232 stearns stearns PROPN cblr-1765 155 233 , , PUNCT cblr-1765 155 234 the the DET cblr-1765 155 235 court court NOUN cblr-1765 155 236 found find VERB cblr-1765 155 237 the the DET cblr-1765 155 238 requisite requisite ADJ cblr-1765 155 239 evidence evidence NOUN cblr-1765 155 240 to to PART cblr-1765 155 241 rebut rebut VERB cblr-1765 155 242 the the DET cblr-1765 155 243 § § PROPN cblr-1765 155 244 1516 1516 NUM cblr-1765 155 245 presumption presumption NOUN cblr-1765 155 246 in in ADP cblr-1765 155 247 the the DET cblr-1765 155 248 petitioner petitioner NOUN cblr-1765 155 249 ’s ’s PART cblr-1765 155 250 own own ADJ cblr-1765 155 251 submission submission NOUN cblr-1765 155 252 to to ADP cblr-1765 155 253 the the DET cblr-1765 155 254 court court NOUN cblr-1765 155 255 . . PUNCT cblr-1765 156 1 i i PRON cblr-1765 156 2 d. d. PROPN cblr-1765 156 3 at at ADP cblr-1765 156 4 129–30 129–30 PROPN cblr-1765 156 5 . . PUNCT cblr-1765 157 1 28 28 NUM cblr-1765 158 1 i i PRON cblr-1765 158 2 d. d. PROPN cblr-1765 158 3 at at ADP cblr-1765 158 4 125–26 125–26 NUM cblr-1765 158 5 . . PUNCT cblr-1765 159 1 29 29 NUM cblr-1765 160 1 i i PRON cblr-1765 160 2 d. d. PROPN cblr-1765 160 3 at at ADP cblr-1765 160 4 127–28 127–28 PROPN cblr-1765 160 5 . . PUNCT cblr-1765 161 1 30 30 NUM cblr-1765 161 2 see see VERB cblr-1765 161 3 jay jay PROPN cblr-1765 161 4 lawrence lawrence PROPN cblr-1765 161 5 westbrook westbrook PROPN cblr-1765 161 6 , , PUNCT cblr-1765 161 7 a a DET cblr-1765 161 8 global global ADJ cblr-1765 161 9 solution solution NOUN cblr-1765 161 10 to to ADP cblr-1765 161 11 multinational multinational ADJ cblr-1765 161 12 default default NOUN cblr-1765 161 13 , , PUNCT cblr-1765 161 14 98 98 NUM cblr-1765 161 15 mich mich X cblr-1765 161 16 . . PUNCT cblr-1765 162 1 l. l. PROPN cblr-1765 162 2 rev rev PROPN cblr-1765 162 3 . . PROPN cblr-1765 162 4 2276 2276 NUM cblr-1765 162 5 , , PUNCT cblr-1765 162 6 2316 2316 NUM cblr-1765 162 7 ( ( PUNCT cblr-1765 162 8 2000 2000 NUM cblr-1765 162 9 ) ) PUNCT cblr-1765 162 10 ( ( PUNCT cblr-1765 162 11 “ " PUNCT cblr-1765 162 12 [ [ X cblr-1765 162 13 t]he t]he ADJ cblr-1765 162 14 law law NOUN cblr-1765 162 15 of of ADP cblr-1765 162 16 the the DET cblr-1765 162 17 place place NOUN cblr-1765 162 18 of of ADP cblr-1765 162 19 incorporation incorporation NOUN cblr-1765 162 20 is be AUX cblr-1765 162 21 unsatisfactory unsatisfactory ADJ cblr-1765 162 22 because because SCONJ cblr-1765 162 23 of of ADP cblr-1765 162 24 the the DET cblr-1765 162 25 risk risk NOUN cblr-1765 162 26 of of ADP cblr-1765 162 27 sham sham ADJ cblr-1765 162 28 incorporation incorporation NOUN cblr-1765 162 29 — — PUNCT cblr-1765 162 30 a a DET cblr-1765 162 31 company company NOUN cblr-1765 162 32 organized organize VERB cblr-1765 162 33 under under ADP cblr-1765 162 34 a a DET cblr-1765 162 35 flag flag NOUN cblr-1765 162 36 of of ADP cblr-1765 162 37 convenience convenience NOUN cblr-1765 162 38 unrelated unrelated ADJ cblr-1765 162 39 to to ADP cblr-1765 162 40 the the DET cblr-1765 162 41 location location NOUN cblr-1765 162 42 of of ADP cblr-1765 162 43 its its PRON cblr-1765 162 44 business business NOUN cblr-1765 162 45 , , PUNCT cblr-1765 162 46 management management NOUN cblr-1765 162 47 , , PUNCT cblr-1765 162 48 and and CCONJ cblr-1765 162 49 assets asset NOUN cblr-1765 162 50 . . PUNCT cblr-1765 162 51 ” " PUNCT cblr-1765 162 52 ) ) PUNCT cblr-1765 162 53 ; ; PUNCT cblr-1765 162 54 guzman guzman NOUN cblr-1765 162 55 , , PUNCT cblr-1765 162 56 supra supra PROPN cblr-1765 162 57 note note PROPN cblr-1765 162 58 17 17 NUM cblr-1765 162 59 , , PUNCT cblr-1765 162 60 at at ADP cblr-1765 162 61 2206–07 2206–07 NUM cblr-1765 162 62 ( ( PUNCT cblr-1765 162 63 “ " PUNCT cblr-1765 162 64 if if SCONJ cblr-1765 162 65 it it PRON cblr-1765 162 66 is be AUX cblr-1765 162 67 too too ADV cblr-1765 162 68 easy easy ADJ cblr-1765 162 69 for for SCONJ cblr-1765 162 70 the the DET cblr-1765 162 71 debtor debtor NOUN cblr-1765 162 72 to to PART cblr-1765 162 73 change change VERB cblr-1765 162 74 the the DET cblr-1765 162 75 main main ADJ cblr-1765 162 76 jurisdiction jurisdiction NOUN cblr-1765 162 77 , , PUNCT cblr-1765 162 78 it it PRON cblr-1765 162 79 could could AUX cblr-1765 162 80 choose choose VERB cblr-1765 162 81 in in ADP cblr-1765 162 82 such such DET cblr-1765 162 83 a a DET cblr-1765 162 84 way way NOUN cblr-1765 162 85 as as SCONJ cblr-1765 162 86 to to PART cblr-1765 162 87 disadvantage disadvantage VERB cblr-1765 162 88 strongly strongly ADV cblr-1765 162 89 nonadjusting nonadjuste VERB cblr-1765 162 90 creditors creditor NOUN cblr-1765 162 91 that that PRON cblr-1765 162 92 are be AUX cblr-1765 162 93 likely likely ADJ cblr-1765 162 94 to to PART cblr-1765 162 95 interact interact VERB cblr-1765 162 96 with with ADP cblr-1765 162 97 the the DET cblr-1765 162 98 firm firm NOUN cblr-1765 162 99 . . PUNCT cblr-1765 163 1 this this PRON cblr-1765 163 2 , , PUNCT cblr-1765 163 3 in in ADP cblr-1765 163 4 turn turn NOUN cblr-1765 163 5 , , PUNCT cblr-1765 163 6 would would AUX cblr-1765 163 7 generate generate VERB cblr-1765 163 8 an an DET cblr-1765 163 9 incentive incentive NOUN cblr-1765 163 10 for for SCONJ cblr-1765 163 11 countries country NOUN cblr-1765 163 12 to to PART cblr-1765 163 13 provide provide VERB cblr-1765 163 14 regimes regime NOUN cblr-1765 163 15 that that PRON cblr-1765 163 16 grant grant VERB cblr-1765 163 17 nonadjusting nonadjuste VERB cblr-1765 163 18 creditors creditor NOUN cblr-1765 163 19 a a DET cblr-1765 163 20 low low ADJ cblr-1765 163 21 priority priority NOUN cblr-1765 163 22 . . PUNCT cblr-1765 164 1 for for ADP cblr-1765 164 2 this this DET cblr-1765 164 3 reason reason NOUN cblr-1765 164 4 a a DET cblr-1765 164 5 test test NOUN cblr-1765 164 6 based base VERB cblr-1765 164 7 on on ADP cblr-1765 164 8 the the DET cblr-1765 164 9 place place NOUN cblr-1765 164 10 of of ADP cblr-1765 164 11 incorporation incorporation NOUN cblr-1765 164 12 would would AUX cblr-1765 164 13 be be AUX cblr-1765 164 14 inappropriate inappropriate ADJ cblr-1765 164 15 . . PUNCT cblr-1765 164 16 ” " PUNCT cblr-1765 164 17 ) ) PUNCT cblr-1765 164 18 . . PUNCT cblr-1765 165 1 31 31 NUM cblr-1765 165 2 in in ADP cblr-1765 165 3 re re VERB cblr-1765 165 4 bear bear PROPN cblr-1765 165 5 stearns stearns PROPN cblr-1765 165 6 , , PUNCT cblr-1765 165 7 374 374 NUM cblr-1765 165 8 b.r b.r PROPN cblr-1765 165 9 . . PROPN cblr-1765 165 10 at at ADP cblr-1765 165 11 127–28 127–28 PROPN cblr-1765 165 12 . . PUNCT cblr-1765 166 1 32 32 NUM cblr-1765 167 1 i i PRON cblr-1765 167 2 d. d. NOUN cblr-1765 167 3 at at ADP cblr-1765 167 4 130 130 NUM cblr-1765 167 5 . . PUNCT cblr-1765 168 1 hallock hallock NOUN cblr-1765 168 2 – – PUNCT cblr-1765 168 3 final final ADJ cblr-1765 168 4 no no NOUN cblr-1765 168 5 . . PUNCT cblr-1765 169 1 3:1074 3:1074 NUM cblr-1765 169 2 ] ] PUNCT cblr-1765 169 3 time time NOUN cblr-1765 169 4 out out ADP cblr-1765 169 5 1085 1085 NUM cblr-1765 169 6 registered register VERB cblr-1765 169 7 office office NOUN cblr-1765 169 8 to to PART cblr-1765 169 9 justify justify VERB cblr-1765 169 10 recognition.33 recognition.33 NOUN cblr-1765 169 11 in in ADP cblr-1765 169 12 this this DET cblr-1765 169 13 sense sense NOUN cblr-1765 169 14 , , PUNCT cblr-1765 169 15 the the DET cblr-1765 169 16 debtor debtor NOUN cblr-1765 169 17 ’s ’s PART cblr-1765 169 18 registered register VERB cblr-1765 169 19 office office NOUN cblr-1765 169 20 is be AUX cblr-1765 169 21 merely merely ADV cblr-1765 169 22 one one NUM cblr-1765 169 23 factor factor NOUN cblr-1765 169 24 among among ADP cblr-1765 169 25 many many ADJ cblr-1765 169 26 for for SCONJ cblr-1765 169 27 courts court NOUN cblr-1765 169 28 to to PART cblr-1765 169 29 consider consider VERB cblr-1765 169 30 in in ADP cblr-1765 169 31 their their PRON cblr-1765 169 32 comi comi NOUN cblr-1765 169 33 analyses analysis NOUN cblr-1765 169 34 . . PUNCT cblr-1765 170 1 consequently consequently ADV cblr-1765 170 2 , , PUNCT cblr-1765 170 3 courts court NOUN cblr-1765 170 4 have have AUX cblr-1765 170 5 most most ADV cblr-1765 170 6 widely widely ADV cblr-1765 170 7 adopted adopt VERB cblr-1765 170 8 a a DET cblr-1765 170 9 totality totality NOUN cblr-1765 170 10 of of ADP cblr-1765 170 11 the the DET cblr-1765 170 12 circumstances circumstance NOUN cblr-1765 170 13 approach approach VERB cblr-1765 170 14 to to PART cblr-1765 170 15 determine determine VERB cblr-1765 170 16 whether whether SCONJ cblr-1765 170 17 a a DET cblr-1765 170 18 proceeding proceeding NOUN cblr-1765 170 19 is be AUX cblr-1765 170 20 based base VERB cblr-1765 170 21 in in ADP cblr-1765 170 22 a a DET cblr-1765 170 23 debtor debtor NOUN cblr-1765 170 24 ’s ’s PART cblr-1765 170 25 comi.34 comi.34 NOUN cblr-1765 170 26 rather rather ADV cblr-1765 170 27 than than ADP cblr-1765 170 28 adopting adopt VERB cblr-1765 170 29 one one NUM cblr-1765 170 30 concrete concrete NOUN cblr-1765 170 31 , , PUNCT cblr-1765 170 32 definitive definitive ADJ cblr-1765 170 33 indicator indicator NOUN cblr-1765 170 34 — — PUNCT cblr-1765 170 35 such such ADJ cblr-1765 170 36 as as ADP cblr-1765 170 37 the the DET cblr-1765 170 38 location location NOUN cblr-1765 170 39 of of ADP cblr-1765 170 40 the the DET cblr-1765 170 41 company company NOUN cblr-1765 170 42 ’s ’s PART cblr-1765 170 43 registered register VERB cblr-1765 170 44 office office NOUN cblr-1765 170 45 or or CCONJ cblr-1765 170 46 its its PRON cblr-1765 170 47 headquarters headquarter NOUN cblr-1765 170 48 — — PUNCT cblr-1765 170 49 most most ADJ cblr-1765 170 50 courts court NOUN cblr-1765 170 51 weigh weigh VERB cblr-1765 170 52 all all DET cblr-1765 170 53 aspects aspect NOUN cblr-1765 170 54 of of ADP cblr-1765 170 55 the the DET cblr-1765 170 56 company company NOUN cblr-1765 170 57 ’s ’s PART cblr-1765 170 58 operations operation NOUN cblr-1765 170 59 to to PART cblr-1765 170 60 make make VERB cblr-1765 170 61 a a DET cblr-1765 170 62 determination.35 determination.35 NOUN cblr-1765 170 63 generally generally ADV cblr-1765 170 64 , , PUNCT cblr-1765 171 1 [ [ X cblr-1765 171 2 i]n i]n NOUN cblr-1765 171 3 determining determine VERB cblr-1765 171 4 the the DET cblr-1765 171 5 comi comi NOUN cblr-1765 171 6 of of ADP cblr-1765 171 7 a a DET cblr-1765 171 8 foreign foreign ADJ cblr-1765 171 9 debtor debtor NOUN cblr-1765 171 10 , , PUNCT cblr-1765 171 11 cases case NOUN cblr-1765 171 12 have have AUX cblr-1765 171 13 examined examine VERB cblr-1765 171 14 a a DET cblr-1765 171 15 number number NOUN cblr-1765 171 16 of of ADP cblr-1765 171 17 factors factor NOUN cblr-1765 171 18 , , PUNCT cblr-1765 171 19 including include VERB cblr-1765 171 20 : : PUNCT cblr-1765 171 21 the the DET cblr-1765 171 22 location location NOUN cblr-1765 171 23 of of ADP cblr-1765 171 24 the the DET cblr-1765 171 25 debtor debtor NOUN cblr-1765 171 26 ’s ’s PART cblr-1765 171 27 headquarters headquarters NOUN cblr-1765 171 28 ; ; PUNCT cblr-1765 171 29 the the DET cblr-1765 171 30 location location NOUN cblr-1765 171 31 of of ADP cblr-1765 171 32 those those PRON cblr-1765 171 33 who who PRON cblr-1765 171 34 actually actually ADV cblr-1765 171 35 manage manage VERB cblr-1765 171 36 the the DET cblr-1765 171 37 debtor debtor NOUN cblr-1765 171 38 . . PUNCT cblr-1765 171 39 . . PUNCT cblr-1765 171 40 . . PUNCT cblr-1765 172 1 ; ; PUNCT cblr-1765 172 2 the the DET cblr-1765 172 3 location location NOUN cblr-1765 172 4 of of ADP cblr-1765 172 5 the the DET cblr-1765 172 6 debtor debtor NOUN cblr-1765 172 7 ’s ’s PART cblr-1765 172 8 primary primary ADJ cblr-1765 172 9 assets asset NOUN cblr-1765 172 10 ; ; PUNCT cblr-1765 172 11 the the DET cblr-1765 172 12 location location NOUN cblr-1765 172 13 of of ADP cblr-1765 172 14 the the DET cblr-1765 172 15 majority majority NOUN cblr-1765 172 16 of of ADP cblr-1765 172 17 the the DET cblr-1765 172 18 debtor debtor NOUN cblr-1765 172 19 ’s ’s PART cblr-1765 172 20 creditors creditor NOUN cblr-1765 172 21 or or CCONJ cblr-1765 172 22 of of ADP cblr-1765 172 23 a a DET cblr-1765 172 24 majority majority NOUN cblr-1765 172 25 of of ADP cblr-1765 172 26 creditors creditor NOUN cblr-1765 172 27 who who PRON cblr-1765 172 28 would would AUX cblr-1765 172 29 be be AUX cblr-1765 172 30 affected affect VERB cblr-1765 172 31 by by ADP cblr-1765 172 32 the the DET cblr-1765 172 33 case case NOUN cblr-1765 172 34 ; ; PUNCT cblr-1765 172 35 and/or and/or CCONJ cblr-1765 172 36 the the DET cblr-1765 172 37 jurisdiction jurisdiction NOUN cblr-1765 172 38 whose whose DET cblr-1765 172 39 law law NOUN cblr-1765 172 40 would would AUX cblr-1765 172 41 apply apply VERB cblr-1765 172 42 to to ADP cblr-1765 172 43 most most ADV cblr-1765 172 44 disputes.36 disputes.36 NOUN cblr-1765 172 45 the the DET cblr-1765 172 46 totality totality NOUN cblr-1765 172 47 of of ADP cblr-1765 172 48 the the DET cblr-1765 172 49 circumstances circumstance NOUN cblr-1765 172 50 approach approach NOUN cblr-1765 172 51 presents present VERB cblr-1765 172 52 an an DET cblr-1765 172 53 array array NOUN cblr-1765 172 54 of of ADP cblr-1765 172 55 advantages advantage NOUN cblr-1765 172 56 and and CCONJ cblr-1765 172 57 disadvantages disadvantage NOUN cblr-1765 172 58 . . PUNCT cblr-1765 173 1 by by ADP cblr-1765 173 2 examining examine VERB cblr-1765 173 3 all all DET cblr-1765 173 4 facets facet NOUN cblr-1765 173 5 of of ADP cblr-1765 173 6 the the DET cblr-1765 173 7 company company NOUN cblr-1765 173 8 ’s ’s PART cblr-1765 173 9 operations operation NOUN cblr-1765 173 10 rather rather ADV cblr-1765 173 11 than than ADP cblr-1765 173 12 isolating isolate VERB cblr-1765 173 13 a a DET cblr-1765 173 14 discrete discrete ADJ cblr-1765 173 15 , , PUNCT cblr-1765 173 16 definitive definitive ADJ cblr-1765 173 17 element element NOUN cblr-1765 173 18 , , PUNCT cblr-1765 173 19 courts court NOUN cblr-1765 173 20 gain gain VERB cblr-1765 173 21 a a DET cblr-1765 173 22 more more ADV cblr-1765 173 23 thorough thorough ADJ cblr-1765 173 24 33 33 NUM cblr-1765 173 25 compare compare NOUN cblr-1765 173 26 in in ADP cblr-1765 173 27 re re PROPN cblr-1765 173 28 bear bear PROPN cblr-1765 173 29 stearns stearns PROPN cblr-1765 173 30 , , PUNCT cblr-1765 173 31 374 374 NUM cblr-1765 173 32 b.r b.r PROPN cblr-1765 173 33 . . PROPN cblr-1765 173 34 at at ADP cblr-1765 173 35 122 122 NUM cblr-1765 173 36 , , PUNCT cblr-1765 173 37 with with ADP cblr-1765 173 38 in in ADP cblr-1765 173 39 re re PROPN cblr-1765 173 40 sphinx sphinx NOUN cblr-1765 173 41 , , PUNCT cblr-1765 173 42 ltd ltd PROPN cblr-1765 173 43 . . PROPN cblr-1765 173 44 , , PUNCT cblr-1765 173 45 371 371 NUM cblr-1765 173 46 b.r b.r PROPN cblr-1765 173 47 . . PROPN cblr-1765 173 48 10 10 NUM cblr-1765 173 49 ( ( PUNCT cblr-1765 173 50 s.d.n.y s.d.n.y PROPN cblr-1765 173 51 . . NOUN cblr-1765 173 52 2007 2007 NUM cblr-1765 173 53 ) ) PUNCT cblr-1765 173 54 ( ( PUNCT cblr-1765 173 55 refusing refuse VERB cblr-1765 173 56 to to PART cblr-1765 173 57 recognize recognize VERB cblr-1765 173 58 a a DET cblr-1765 173 59 letterbox letterbox NOUN cblr-1765 173 60 company company NOUN cblr-1765 173 61 ’s ’s PART cblr-1765 173 62 proceeding proceeding NOUN cblr-1765 173 63 as as ADP cblr-1765 173 64 a a DET cblr-1765 173 65 foreign foreign ADJ cblr-1765 173 66 main main ADJ cblr-1765 173 67 proceeding proceeding NOUN cblr-1765 173 68 in in ADP cblr-1765 173 69 a a DET cblr-1765 173 70 country country NOUN cblr-1765 173 71 where where SCONJ cblr-1765 173 72 its its PRON cblr-1765 173 73 only only ADJ cblr-1765 173 74 connection connection NOUN cblr-1765 173 75 was be AUX cblr-1765 173 76 its its PRON cblr-1765 173 77 registered register VERB cblr-1765 173 78 office office NOUN cblr-1765 173 79 when when SCONJ cblr-1765 173 80 all all DET cblr-1765 173 81 other other ADJ cblr-1765 173 82 objective objective ADJ cblr-1765 173 83 factors factor NOUN cblr-1765 173 84 weighed weigh VERB cblr-1765 173 85 against against ADP cblr-1765 173 86 it it PRON cblr-1765 173 87 , , PUNCT cblr-1765 173 88 though though SCONJ cblr-1765 173 89 the the DET cblr-1765 173 90 court court NOUN cblr-1765 173 91 did do AUX cblr-1765 173 92 recognize recognize VERB cblr-1765 173 93 the the DET cblr-1765 173 94 proceeding proceeding NOUN cblr-1765 173 95 as as ADP cblr-1765 173 96 a a DET cblr-1765 173 97 foreign foreign ADJ cblr-1765 173 98 nonmain nonmain NOUN cblr-1765 173 99 proceeding proceeding NOUN cblr-1765 173 100 ) ) PUNCT cblr-1765 173 101 . . PUNCT cblr-1765 174 1 34 34 NUM cblr-1765 175 1 some some DET cblr-1765 175 2 courts court NOUN cblr-1765 175 3 have have AUX cblr-1765 175 4 alternatively alternatively ADV cblr-1765 175 5 described describe VERB cblr-1765 175 6 their their PRON cblr-1765 175 7 comi comi NOUN cblr-1765 175 8 analysis analysis NOUN cblr-1765 175 9 as as ADP cblr-1765 175 10 looking look VERB cblr-1765 175 11 at at ADP cblr-1765 175 12 the the DET cblr-1765 175 13 “ " PUNCT cblr-1765 175 14 principal principal ADJ cblr-1765 175 15 place place NOUN cblr-1765 175 16 of of ADP cblr-1765 175 17 business business NOUN cblr-1765 175 18 ” " PUNCT cblr-1765 175 19 or or CCONJ cblr-1765 175 20 the the DET cblr-1765 175 21 “ " PUNCT cblr-1765 175 22 nerve nerve NOUN cblr-1765 175 23 center center NOUN cblr-1765 175 24 ” " PUNCT cblr-1765 175 25 of of ADP cblr-1765 175 26 a a DET cblr-1765 175 27 company company NOUN cblr-1765 175 28 . . PUNCT cblr-1765 176 1 despite despite SCONJ cblr-1765 176 2 the the DET cblr-1765 176 3 different different ADJ cblr-1765 176 4 names name NOUN cblr-1765 176 5 , , PUNCT cblr-1765 176 6 these these DET cblr-1765 176 7 analyses analysis NOUN cblr-1765 176 8 employ employ VERB cblr-1765 176 9 largely largely ADV cblr-1765 176 10 similar similar ADJ cblr-1765 176 11 totality totality NOUN cblr-1765 176 12 of of ADP cblr-1765 176 13 circumstances circumstance NOUN cblr-1765 176 14 approaches approach NOUN cblr-1765 176 15 . . PUNCT cblr-1765 177 1 differences difference NOUN cblr-1765 177 2 between between ADP cblr-1765 177 3 them they PRON cblr-1765 177 4 arise arise VERB cblr-1765 177 5 largely largely ADV cblr-1765 177 6 from from ADP cblr-1765 177 7 the the DET cblr-1765 177 8 temporality temporality NOUN cblr-1765 177 9 of of ADP cblr-1765 177 10 the the DET cblr-1765 177 11 analysis analysis NOUN cblr-1765 177 12 , , PUNCT cblr-1765 177 13 which which PRON cblr-1765 177 14 will will AUX cblr-1765 177 15 be be AUX cblr-1765 177 16 discussed discuss VERB cblr-1765 177 17 in in ADP cblr-1765 177 18 detail detail NOUN cblr-1765 177 19 in in ADP cblr-1765 177 20 part part PROPN cblr-1765 177 21 ii ii PROPN cblr-1765 177 22 . . PROPN cblr-1765 177 23 35 35 NUM cblr-1765 177 24 see see VERB cblr-1765 177 25 in in ADP cblr-1765 177 26 re re NOUN cblr-1765 177 27 sphinx sphinx NOUN cblr-1765 177 28 , , PUNCT cblr-1765 177 29 351 351 NUM cblr-1765 177 30 b.r b.r PROPN cblr-1765 177 31 . . PROPN cblr-1765 177 32 at at ADP cblr-1765 177 33 117 117 NUM cblr-1765 177 34 ; ; PUNCT cblr-1765 177 35 see see VERB cblr-1765 177 36 also also ADV cblr-1765 177 37 in in ADP cblr-1765 177 38 re re PROPN cblr-1765 177 39 fairfield fairfield PROPN cblr-1765 177 40 sentry sentry PROPN cblr-1765 177 41 ltd ltd PROPN cblr-1765 177 42 . . PROPN cblr-1765 177 43 , , PUNCT cblr-1765 177 44 714 714 NUM cblr-1765 177 45 f.3d f.3d NUM cblr-1765 177 46 127 127 NUM cblr-1765 177 47 , , PUNCT cblr-1765 177 48 137 137 NUM cblr-1765 177 49 ( ( PUNCT cblr-1765 177 50 2d 2d NUM cblr-1765 177 51 cir cir NOUN cblr-1765 177 52 . . PROPN cblr-1765 177 53 2013 2013 NUM cblr-1765 177 54 ) ) PUNCT cblr-1765 177 55 ; ; PUNCT cblr-1765 177 56 in in ADP cblr-1765 177 57 re re PRON cblr-1765 177 58 millennium millennium NOUN cblr-1765 177 59 global global ADJ cblr-1765 177 60 emerging emerge VERB cblr-1765 177 61 credit credit NOUN cblr-1765 177 62 master master PROPN cblr-1765 177 63 fund fund PROPN cblr-1765 177 64 ltd ltd PROPN cblr-1765 177 65 . . PROPN cblr-1765 177 66 , , PUNCT cblr-1765 177 67 458 458 PROPN cblr-1765 177 68 b.r b.r PROPN cblr-1765 177 69 . . PROPN cblr-1765 177 70 63 63 NUM cblr-1765 177 71 , , PUNCT cblr-1765 177 72 76 76 NUM cblr-1765 177 73 ( ( PUNCT cblr-1765 177 74 bankr bankr PROPN cblr-1765 177 75 . . PUNCT cblr-1765 178 1 s.d.n.y s.d.n.y PROPN cblr-1765 178 2 . . PROPN cblr-1765 178 3 2011 2011 NUM cblr-1765 178 4 ) ) PUNCT cblr-1765 178 5 . . PUNCT cblr-1765 179 1 36 36 NUM cblr-1765 179 2 in in ADP cblr-1765 179 3 re re PROPN cblr-1765 179 4 millennium millennium NOUN cblr-1765 179 5 global global ADJ cblr-1765 179 6 , , PUNCT cblr-1765 179 7 458 458 NUM cblr-1765 179 8 b.r b.r PROPN cblr-1765 179 9 . . PROPN cblr-1765 180 1 at at ADP cblr-1765 180 2 76 76 NUM cblr-1765 180 3 ( ( PUNCT cblr-1765 180 4 citations citation NOUN cblr-1765 180 5 omitted omit VERB cblr-1765 180 6 ) ) PUNCT cblr-1765 180 7 . . PUNCT cblr-1765 181 1 hallock hallock NOUN cblr-1765 181 2 – – PUNCT cblr-1765 181 3 final final ADJ cblr-1765 181 4 1086 1086 NUM cblr-1765 181 5 columbia columbia PROPN cblr-1765 181 6 business business NOUN cblr-1765 181 7 law law PROPN cblr-1765 181 8 review review NOUN cblr-1765 181 9 [ [ X cblr-1765 181 10 vol vol NOUN cblr-1765 181 11 . . NOUN cblr-1765 181 12 2015 2015 NUM cblr-1765 181 13 portrait portrait NOUN cblr-1765 181 14 of of ADP cblr-1765 181 15 the the DET cblr-1765 181 16 company company NOUN cblr-1765 181 17 ’s ’s PART cblr-1765 181 18 affairs affair NOUN cblr-1765 181 19 . . PUNCT cblr-1765 182 1 presumably presumably ADV cblr-1765 182 2 , , PUNCT cblr-1765 182 3 placed place VERB cblr-1765 182 4 under under ADP cblr-1765 182 5 a a DET cblr-1765 182 6 larger large ADJ cblr-1765 182 7 microscope microscope NOUN cblr-1765 182 8 , , PUNCT cblr-1765 182 9 companies company NOUN cblr-1765 182 10 will will AUX cblr-1765 182 11 be be AUX cblr-1765 182 12 compelled compel VERB cblr-1765 182 13 to to PART cblr-1765 182 14 file file VERB cblr-1765 182 15 proceedings proceeding NOUN cblr-1765 182 16 in in ADP cblr-1765 182 17 jurisdictions jurisdiction NOUN cblr-1765 182 18 that that PRON cblr-1765 182 19 more more ADV cblr-1765 182 20 closely closely ADV cblr-1765 182 21 approximate approximate VERB cblr-1765 182 22 the the DET cblr-1765 182 23 realities reality NOUN cblr-1765 182 24 of of ADP cblr-1765 182 25 their their PRON cblr-1765 182 26 business business NOUN cblr-1765 182 27 . . PUNCT cblr-1765 183 1 this this DET cblr-1765 183 2 flexibility flexibility NOUN cblr-1765 183 3 , , PUNCT cblr-1765 183 4 particularly particularly ADV cblr-1765 183 5 paired pair VERB cblr-1765 183 6 with with ADP cblr-1765 183 7 the the DET cblr-1765 183 8 in in NOUN cblr-1765 183 9 re re PART cblr-1765 183 10 bear bear VERB cblr-1765 183 11 stearns stearn NOUN cblr-1765 183 12 prohibition prohibition NOUN cblr-1765 183 13 against against ADP cblr-1765 183 14 recognition recognition NOUN cblr-1765 183 15 of of ADP cblr-1765 183 16 letterbox letterbox NOUN cblr-1765 183 17 companies company NOUN cblr-1765 183 18 , , PUNCT cblr-1765 183 19 eliminates eliminate VERB cblr-1765 183 20 recognition recognition NOUN cblr-1765 183 21 based base VERB cblr-1765 183 22 on on ADP cblr-1765 183 23 mere mere ADJ cblr-1765 183 24 formalities formality NOUN cblr-1765 183 25 , , PUNCT cblr-1765 183 26 limiting limit VERB cblr-1765 183 27 a a DET cblr-1765 183 28 company company NOUN cblr-1765 183 29 ’s ’s PART cblr-1765 183 30 ability ability NOUN cblr-1765 183 31 to to PART cblr-1765 183 32 forum forum VERB cblr-1765 183 33 shop shop NOUN cblr-1765 183 34 . . PUNCT cblr-1765 184 1 however however ADV cblr-1765 184 2 , , PUNCT cblr-1765 184 3 a a DET cblr-1765 184 4 totality totality NOUN cblr-1765 184 5 of of ADP cblr-1765 184 6 the the DET cblr-1765 184 7 circumstances circumstance NOUN cblr-1765 184 8 analysis analysis NOUN cblr-1765 184 9 presents present VERB cblr-1765 184 10 several several ADJ cblr-1765 184 11 difficulties difficulty NOUN cblr-1765 184 12 for for ADP cblr-1765 184 13 debtors debtor NOUN cblr-1765 184 14 and and CCONJ cblr-1765 184 15 creditors creditor NOUN cblr-1765 184 16 . . PUNCT cblr-1765 185 1 compared compare VERB cblr-1765 185 2 to to ADP cblr-1765 185 3 a a DET cblr-1765 185 4 definitive definitive ADJ cblr-1765 185 5 concrete concrete ADJ cblr-1765 185 6 test test NOUN cblr-1765 185 7 , , PUNCT cblr-1765 185 8 an an DET cblr-1765 185 9 analysis analysis NOUN cblr-1765 185 10 that that PRON cblr-1765 185 11 weighs weigh VERB cblr-1765 185 12 factors factor NOUN cblr-1765 185 13 to to PART cblr-1765 185 14 determine determine VERB cblr-1765 185 15 comi comi NOUN cblr-1765 185 16 is be AUX cblr-1765 185 17 less less ADV cblr-1765 185 18 consistent consistent ADJ cblr-1765 185 19 and and CCONJ cblr-1765 185 20 predictable.37 predictable.37 NOUN cblr-1765 185 21 for for ADP cblr-1765 185 22 example example NOUN cblr-1765 185 23 , , PUNCT cblr-1765 185 24 a a DET cblr-1765 185 25 corporation corporation NOUN cblr-1765 185 26 whose whose DET cblr-1765 185 27 headquarters headquarters NOUN cblr-1765 185 28 , , PUNCT cblr-1765 185 29 main main ADJ cblr-1765 185 30 labor labor NOUN cblr-1765 185 31 force force NOUN cblr-1765 185 32 , , PUNCT cblr-1765 185 33 and and CCONJ cblr-1765 185 34 assets asset NOUN cblr-1765 185 35 are be AUX cblr-1765 185 36 spread spread VERB cblr-1765 185 37 across across ADP cblr-1765 185 38 different different ADJ cblr-1765 185 39 countries country NOUN cblr-1765 185 40 is be AUX cblr-1765 185 41 likely likely ADJ cblr-1765 185 42 to to PART cblr-1765 185 43 be be AUX cblr-1765 185 44 unsure unsure ADJ cblr-1765 185 45 whether whether SCONJ cblr-1765 185 46 its its PRON cblr-1765 185 47 foreign foreign ADJ cblr-1765 185 48 bankruptcy bankruptcy NOUN cblr-1765 185 49 proceedings proceeding NOUN cblr-1765 185 50 will will AUX cblr-1765 185 51 be be AUX cblr-1765 185 52 recognized recognize VERB cblr-1765 185 53 by by ADP cblr-1765 185 54 u.s u.s PROPN cblr-1765 185 55 . . PROPN cblr-1765 185 56 courts court NOUN cblr-1765 185 57 as as ADP cblr-1765 185 58 a a DET cblr-1765 185 59 foreign foreign ADJ cblr-1765 185 60 main main ADJ cblr-1765 185 61 proceeding proceeding NOUN cblr-1765 185 62 until until ADP cblr-1765 185 63 the the DET cblr-1765 185 64 time time NOUN cblr-1765 185 65 of of ADP cblr-1765 185 66 the the DET cblr-1765 185 67 court court NOUN cblr-1765 185 68 ’s ’s PART cblr-1765 185 69 ruling ruling NOUN cblr-1765 185 70 . . PUNCT cblr-1765 186 1 such such DET cblr-1765 186 2 a a DET cblr-1765 186 3 scenario scenario NOUN cblr-1765 186 4 could could AUX cblr-1765 186 5 have have VERB cblr-1765 186 6 significant significant ADJ cblr-1765 186 7 consequences consequence NOUN cblr-1765 186 8 for for ADP cblr-1765 186 9 creditors creditor NOUN cblr-1765 186 10 who who PRON cblr-1765 186 11 can can AUX cblr-1765 186 12 not not PART cblr-1765 186 13 be be AUX cblr-1765 186 14 sure sure ADJ cblr-1765 186 15 whether whether SCONJ cblr-1765 186 16 a a DET cblr-1765 186 17 company company NOUN cblr-1765 186 18 ’s ’s PART cblr-1765 186 19 assets asset NOUN cblr-1765 186 20 will will AUX cblr-1765 186 21 be be AUX cblr-1765 186 22 shielded shield VERB cblr-1765 186 23 by by ADP cblr-1765 186 24 the the DET cblr-1765 186 25 united united PROPN cblr-1765 186 26 states states PROPN cblr-1765 186 27 bankruptcy bankruptcy NOUN cblr-1765 186 28 code.38 code.38 PROPN cblr-1765 186 29 in in ADP cblr-1765 186 30 these these DET cblr-1765 186 31 cases case NOUN cblr-1765 186 32 , , PUNCT cblr-1765 186 33 companies company NOUN cblr-1765 186 34 face face VERB cblr-1765 186 35 a a DET cblr-1765 186 36 tremendous tremendous ADJ cblr-1765 186 37 risk risk NOUN cblr-1765 186 38 of of ADP cblr-1765 186 39 launching launch VERB cblr-1765 186 40 proceedings proceeding NOUN cblr-1765 186 41 in in ADP cblr-1765 186 42 inappropriate inappropriate ADJ cblr-1765 186 43 jurisdictions jurisdiction NOUN cblr-1765 186 44 in in ADP cblr-1765 186 45 good good ADJ cblr-1765 186 46 faith faith NOUN cblr-1765 186 47 , , PUNCT cblr-1765 186 48 37 37 NUM cblr-1765 186 49 see see VERB cblr-1765 186 50 in in ADP cblr-1765 186 51 re re NOUN cblr-1765 186 52 sphinx sphinx NOUN cblr-1765 186 53 , , PUNCT cblr-1765 186 54 351 351 NUM cblr-1765 186 55 b.r b.r PROPN cblr-1765 186 56 . . PROPN cblr-1765 186 57 at at ADP cblr-1765 186 58 117 117 NUM cblr-1765 186 59 ( ( PUNCT cblr-1765 186 60 “ " PUNCT cblr-1765 186 61 [ [ X cblr-1765 186 62 t]he t]he ADV cblr-1765 186 63 flexibility flexibility NOUN cblr-1765 186 64 inherent inherent ADJ cblr-1765 186 65 in in ADP cblr-1765 186 66 chapter chapter NOUN cblr-1765 186 67 15 15 NUM cblr-1765 186 68 strongly strongly ADV cblr-1765 186 69 suggests suggest VERB cblr-1765 186 70 , , PUNCT cblr-1765 186 71 however however ADV cblr-1765 186 72 , , PUNCT cblr-1765 186 73 that that SCONJ cblr-1765 186 74 the the DET cblr-1765 186 75 court court NOUN cblr-1765 186 76 should should AUX cblr-1765 186 77 not not PART cblr-1765 186 78 apply apply VERB cblr-1765 186 79 such such ADJ cblr-1765 186 80 factors factor NOUN cblr-1765 186 81 mechanically mechanically ADV cblr-1765 186 82 . . PUNCT cblr-1765 186 83 ” " PUNCT cblr-1765 186 84 ) ) PUNCT cblr-1765 186 85 . . PUNCT cblr-1765 187 1 looking look VERB cblr-1765 187 2 at at ADP cblr-1765 187 3 factors factor NOUN cblr-1765 187 4 on on ADP cblr-1765 187 5 a a DET cblr-1765 187 6 case case NOUN cblr-1765 187 7 - - PUNCT cblr-1765 187 8 by by ADP cblr-1765 187 9 - - PUNCT cblr-1765 187 10 case case NOUN cblr-1765 187 11 basis basis NOUN cblr-1765 187 12 may may AUX cblr-1765 187 13 lead lead VERB cblr-1765 187 14 courts court NOUN cblr-1765 187 15 to to PART cblr-1765 187 16 weigh weigh VERB cblr-1765 187 17 various various ADJ cblr-1765 187 18 comi comi NOUN cblr-1765 187 19 factors factor NOUN cblr-1765 187 20 differently differently ADV cblr-1765 187 21 , , PUNCT cblr-1765 187 22 in in ADP cblr-1765 187 23 accordance accordance NOUN cblr-1765 187 24 with with ADP cblr-1765 187 25 their their PRON cblr-1765 187 26 own own ADJ cblr-1765 187 27 interpretation interpretation NOUN cblr-1765 187 28 and and CCONJ cblr-1765 187 29 views view NOUN cblr-1765 187 30 of of ADP cblr-1765 187 31 chapter chapter NOUN cblr-1765 187 32 15 15 NUM cblr-1765 187 33 . . PUNCT cblr-1765 188 1 though though SCONJ cblr-1765 188 2 discussing discuss VERB cblr-1765 188 3 “ " PUNCT cblr-1765 188 4 operational operational ADJ cblr-1765 188 5 history history NOUN cblr-1765 188 6 ” " PUNCT cblr-1765 188 7 inquiries inquiry NOUN cblr-1765 188 8 rather rather ADV cblr-1765 188 9 than than ADP cblr-1765 188 10 “ " PUNCT cblr-1765 188 11 totality totality NOUN cblr-1765 188 12 of of ADP cblr-1765 188 13 the the DET cblr-1765 188 14 circumstances circumstance NOUN cblr-1765 188 15 ” " PUNCT cblr-1765 188 16 comi comi NOUN cblr-1765 188 17 tests test NOUN cblr-1765 188 18 , , PUNCT cblr-1765 188 19 the the DET cblr-1765 188 20 fifth fifth ADJ cblr-1765 188 21 circuit circuit NOUN cblr-1765 188 22 ’s ’s PART cblr-1765 188 23 analysis analysis NOUN cblr-1765 188 24 of of ADP cblr-1765 188 25 the the DET cblr-1765 188 26 perils peril NOUN cblr-1765 188 27 of of ADP cblr-1765 188 28 granting grant VERB cblr-1765 188 29 bankruptcy bankruptcy NOUN cblr-1765 188 30 court court NOUN cblr-1765 188 31 ’s ’s PART cblr-1765 188 32 wide wide ADJ cblr-1765 188 33 discretion discretion NOUN cblr-1765 188 34 in in ADP cblr-1765 188 35 comi comi NOUN cblr-1765 188 36 determinations determination NOUN cblr-1765 188 37 in in ADP cblr-1765 188 38 in in ADP cblr-1765 188 39 re re NOUN cblr-1765 188 40 ran run VERB cblr-1765 188 41 is be AUX cblr-1765 188 42 equally equally ADV cblr-1765 188 43 applicable applicable ADJ cblr-1765 188 44 . . PUNCT cblr-1765 189 1 see see VERB cblr-1765 189 2 in in ADP cblr-1765 189 3 re re NOUN cblr-1765 189 4 ran run VERB cblr-1765 189 5 , , PUNCT cblr-1765 189 6 607 607 NUM cblr-1765 189 7 f.3d f.3d NUM cblr-1765 189 8 1017 1017 NUM cblr-1765 189 9 , , PUNCT cblr-1765 189 10 1023 1023 NUM cblr-1765 189 11 , , PUNCT cblr-1765 189 12 1025 1025 NUM cblr-1765 189 13 ( ( PUNCT cblr-1765 189 14 5th 5th ADJ cblr-1765 189 15 cir cir NOUN cblr-1765 189 16 . . PUNCT cblr-1765 189 17 2010 2010 NUM cblr-1765 189 18 ) ) PUNCT cblr-1765 189 19 ( ( PUNCT cblr-1765 189 20 “ " PUNCT cblr-1765 189 21 [ [ X cblr-1765 189 22 c]ourts c]ourt NOUN cblr-1765 189 23 may may AUX cblr-1765 189 24 tend tend VERB cblr-1765 189 25 to to PART cblr-1765 189 26 attach attach VERB cblr-1765 189 27 greater great ADJ cblr-1765 189 28 importance importance NOUN cblr-1765 189 29 to to ADP cblr-1765 189 30 activities activity NOUN cblr-1765 189 31 in in ADP cblr-1765 189 32 their their PRON cblr-1765 189 33 own own ADJ cblr-1765 189 34 countries country NOUN cblr-1765 189 35 , , PUNCT cblr-1765 189 36 or or CCONJ cblr-1765 189 37 may may AUX cblr-1765 189 38 simply simply ADV cblr-1765 189 39 weigh weigh VERB cblr-1765 189 40 the the DET cblr-1765 189 41 evidence evidence NOUN cblr-1765 189 42 differently differently ADV cblr-1765 189 43 which which PRON cblr-1765 189 44 may may AUX cblr-1765 189 45 lead lead VERB cblr-1765 189 46 to to ADP cblr-1765 189 47 the the DET cblr-1765 189 48 possibility possibility NOUN cblr-1765 189 49 of of ADP cblr-1765 189 50 competing compete VERB cblr-1765 189 51 main main ADJ cblr-1765 189 52 proceedings proceeding NOUN cblr-1765 189 53 , , PUNCT cblr-1765 189 54 thus thus ADV cblr-1765 189 55 defeating defeat VERB cblr-1765 189 56 the the DET cblr-1765 189 57 purpose purpose NOUN cblr-1765 189 58 of of ADP cblr-1765 189 59 using use VERB cblr-1765 189 60 the the DET cblr-1765 189 61 comi comi NOUN cblr-1765 189 62 construct construct NOUN cblr-1765 189 63 . . PUNCT cblr-1765 189 64 ” " PUNCT cblr-1765 189 65 ) ) PUNCT cblr-1765 190 1 ( ( PUNCT cblr-1765 190 2 citations citation NOUN cblr-1765 190 3 omitted omit VERB cblr-1765 190 4 ) ) PUNCT cblr-1765 190 5 . . PUNCT cblr-1765 191 1 38 38 NUM cblr-1765 191 2 see see VERB cblr-1765 191 3 in in ADP cblr-1765 191 4 re re NOUN cblr-1765 191 5 ran run VERB cblr-1765 191 6 , , PUNCT cblr-1765 191 7 607 607 NUM cblr-1765 191 8 f.3d f.3d NUM cblr-1765 191 9 at at ADP cblr-1765 191 10 1025–26 1025–26 PROPN cblr-1765 191 11 ( ( PUNCT cblr-1765 191 12 “ " PUNCT cblr-1765 191 13 [ [ X cblr-1765 191 14 i]t i]t NOUN cblr-1765 191 15 is be AUX cblr-1765 191 16 important important ADJ cblr-1765 191 17 that that SCONJ cblr-1765 191 18 the the DET cblr-1765 191 19 debtor debtor NOUN cblr-1765 191 20 ’s ’s PART cblr-1765 191 21 comi comi NOUN cblr-1765 191 22 be be AUX cblr-1765 191 23 ascertainable ascertainable ADJ cblr-1765 191 24 by by ADP cblr-1765 191 25 third third ADJ cblr-1765 191 26 parties party NOUN cblr-1765 191 27 . . PUNCT cblr-1765 191 28 . . PUNCT cblr-1765 191 29 . . PUNCT cblr-1765 191 30 . . PUNCT cblr-1765 192 1 the the DET cblr-1765 192 2 presumption presumption NOUN cblr-1765 192 3 is be AUX cblr-1765 192 4 that that SCONJ cblr-1765 192 5 creditors creditor NOUN cblr-1765 192 6 will will AUX cblr-1765 192 7 look look VERB cblr-1765 192 8 to to ADP cblr-1765 192 9 the the DET cblr-1765 192 10 law law NOUN cblr-1765 192 11 of of ADP cblr-1765 192 12 the the DET cblr-1765 192 13 jurisdiction jurisdiction NOUN cblr-1765 192 14 in in ADP cblr-1765 192 15 which which PRON cblr-1765 192 16 they they PRON cblr-1765 192 17 perceive perceive VERB cblr-1765 192 18 the the DET cblr-1765 192 19 debtor debtor NOUN cblr-1765 192 20 to to PART cblr-1765 192 21 be be AUX cblr-1765 192 22 operating operate VERB cblr-1765 192 23 to to PART cblr-1765 192 24 resolve resolve VERB cblr-1765 192 25 any any DET cblr-1765 192 26 difficulties difficulty NOUN cblr-1765 192 27 they they PRON cblr-1765 192 28 have have VERB cblr-1765 192 29 with with ADP cblr-1765 192 30 that that DET cblr-1765 192 31 debtor debtor NOUN cblr-1765 192 32 . . PUNCT cblr-1765 192 33 . . PUNCT cblr-1765 192 34 . . PUNCT cblr-1765 192 35 . . PUNCT cblr-1765 192 36 ” " PUNCT cblr-1765 192 37 ) ) PUNCT cblr-1765 193 1 ( ( PUNCT cblr-1765 193 2 citations citation NOUN cblr-1765 193 3 omitted omit VERB cblr-1765 193 4 ) ) PUNCT cblr-1765 193 5 . . PUNCT cblr-1765 194 1 hallock hallock PROPN cblr-1765 194 2 – – PUNCT cblr-1765 194 3 final final ADJ cblr-1765 194 4 no no NOUN cblr-1765 194 5 . . PUNCT cblr-1765 195 1 3:1074 3:1074 NUM cblr-1765 195 2 ] ] PUNCT cblr-1765 195 3 time time NOUN cblr-1765 195 4 out out ADP cblr-1765 195 5 1087 1087 NUM cblr-1765 195 6 without without ADP cblr-1765 195 7 realizing realize VERB cblr-1765 195 8 their their PRON cblr-1765 195 9 mistake mistake NOUN cblr-1765 195 10 until until SCONJ cblr-1765 195 11 their their PRON cblr-1765 195 12 chapter chapter NOUN cblr-1765 195 13 15 15 NUM cblr-1765 195 14 petition petition NOUN cblr-1765 195 15 is be AUX cblr-1765 195 16 rejected reject VERB cblr-1765 195 17 . . PUNCT cblr-1765 196 1 this this PRON cblr-1765 196 2 imposes impose VERB cblr-1765 196 3 potentially potentially ADV cblr-1765 196 4 massive massive ADJ cblr-1765 196 5 financial financial ADJ cblr-1765 196 6 and and CCONJ cblr-1765 196 7 temporal temporal ADJ cblr-1765 196 8 inefficiencies inefficiency NOUN cblr-1765 196 9 . . PUNCT cblr-1765 197 1 similarly similarly ADV cblr-1765 197 2 , , PUNCT cblr-1765 197 3 creditors creditor NOUN cblr-1765 197 4 may may AUX cblr-1765 197 5 find find VERB cblr-1765 197 6 themselves themselves PRON cblr-1765 197 7 lacking lack VERB cblr-1765 197 8 the the DET cblr-1765 197 9 rights right NOUN cblr-1765 197 10 and and CCONJ cblr-1765 197 11 recourse recourse VERB cblr-1765 197 12 to to ADP cblr-1765 197 13 u.s u.s PROPN cblr-1765 197 14 . . PROPN cblr-1765 197 15 courts court NOUN cblr-1765 197 16 that that PRON cblr-1765 197 17 they they PRON cblr-1765 197 18 had have AUX cblr-1765 197 19 expected expect VERB cblr-1765 197 20 when when SCONJ cblr-1765 197 21 transacting transact VERB cblr-1765 197 22 with with ADP cblr-1765 197 23 the the DET cblr-1765 197 24 debtor.39 debtor.39 NOUN cblr-1765 197 25 c. c. PROPN cblr-1765 197 26 temporality temporality NOUN cblr-1765 197 27 of of ADP cblr-1765 197 28 comi comi NOUN cblr-1765 197 29 analysis analysis NOUN cblr-1765 197 30 : : PUNCT cblr-1765 197 31 commencement commencement NOUN cblr-1765 197 32 vs. vs. ADP cblr-1765 197 33 petition petition NOUN cblr-1765 197 34 date date NOUN cblr-1765 197 35 the the DET cblr-1765 197 36 challenges challenge NOUN cblr-1765 197 37 to to ADP cblr-1765 197 38 developing develop VERB cblr-1765 197 39 an an DET cblr-1765 197 40 adequate adequate ADJ cblr-1765 197 41 comi comi NOUN cblr-1765 197 42 test test NOUN cblr-1765 197 43 are be AUX cblr-1765 197 44 further far ADV cblr-1765 197 45 compounded compound VERB cblr-1765 197 46 by by ADP cblr-1765 197 47 questions question NOUN cblr-1765 197 48 of of ADP cblr-1765 197 49 temporality temporality NOUN cblr-1765 197 50 . . PUNCT cblr-1765 198 1 given give VERB cblr-1765 198 2 that that SCONJ cblr-1765 198 3 the the DET cblr-1765 198 4 locations location NOUN cblr-1765 198 5 of of ADP cblr-1765 198 6 a a DET cblr-1765 198 7 company company NOUN cblr-1765 198 8 ’s ’s PART cblr-1765 198 9 operations operation NOUN cblr-1765 198 10 sometimes sometimes ADV cblr-1765 198 11 change change VERB cblr-1765 198 12 , , PUNCT cblr-1765 198 13 courts court NOUN cblr-1765 198 14 must must AUX cblr-1765 198 15 determine determine VERB cblr-1765 198 16 which which DET cblr-1765 198 17 particular particular ADJ cblr-1765 198 18 point point NOUN cblr-1765 198 19 in in ADP cblr-1765 198 20 time time NOUN cblr-1765 198 21 , , PUNCT cblr-1765 198 22 or or CCONJ cblr-1765 198 23 what what DET cblr-1765 198 24 period period NOUN cblr-1765 198 25 of of ADP cblr-1765 198 26 time time NOUN cblr-1765 198 27 , , PUNCT cblr-1765 198 28 should should AUX cblr-1765 198 29 be be AUX cblr-1765 198 30 looked look VERB cblr-1765 198 31 at at ADP cblr-1765 198 32 to to PART cblr-1765 198 33 determine determine VERB cblr-1765 198 34 whether whether SCONJ cblr-1765 198 35 a a DET cblr-1765 198 36 foreign foreign ADJ cblr-1765 198 37 proceeding proceeding NOUN cblr-1765 198 38 was be AUX cblr-1765 198 39 based base VERB cblr-1765 198 40 in in ADP cblr-1765 198 41 the the DET cblr-1765 198 42 company company NOUN cblr-1765 198 43 ’s ’s PART cblr-1765 198 44 center center NOUN cblr-1765 198 45 of of ADP cblr-1765 198 46 main main ADJ cblr-1765 198 47 interests interest NOUN cblr-1765 198 48 . . PUNCT cblr-1765 199 1 unfortunately unfortunately ADV cblr-1765 199 2 , , PUNCT cblr-1765 199 3 the the DET cblr-1765 199 4 second second ADJ cblr-1765 199 5 circuit circuit NOUN cblr-1765 199 6 ’s ’s PART cblr-1765 199 7 recent recent ADJ cblr-1765 199 8 decision decision NOUN cblr-1765 199 9 in in ADP cblr-1765 199 10 in in ADP cblr-1765 199 11 re re PROPN cblr-1765 199 12 fairfield fairfield PROPN cblr-1765 199 13 sentry sentry PROPN cblr-1765 199 14 , , PUNCT cblr-1765 199 15 holding hold VERB cblr-1765 199 16 that that SCONJ cblr-1765 199 17 the the DET cblr-1765 199 18 time time NOUN cblr-1765 199 19 a a DET cblr-1765 199 20 debtor debtor NOUN cblr-1765 199 21 files file NOUN cblr-1765 199 22 for for ADP cblr-1765 199 23 chapter chapter NOUN cblr-1765 199 24 15 15 NUM cblr-1765 199 25 recognition recognition NOUN cblr-1765 199 26 is be AUX cblr-1765 199 27 the the DET cblr-1765 199 28 relevant relevant ADJ cblr-1765 199 29 temporal temporal ADJ cblr-1765 199 30 focus focus NOUN cblr-1765 199 31 , , PUNCT cblr-1765 199 32 has have AUX cblr-1765 199 33 further far ADV cblr-1765 199 34 complicated complicate VERB cblr-1765 199 35 already already ADV cblr-1765 199 36 opaque opaque ADJ cblr-1765 199 37 comi comi NOUN cblr-1765 199 38 analysis analysis NOUN cblr-1765 199 39 . . PUNCT cblr-1765 200 1 this this PRON cblr-1765 200 2 has have AUX cblr-1765 200 3 rendered render VERB cblr-1765 200 4 judicial judicial ADJ cblr-1765 200 5 decision decision NOUN cblr-1765 200 6 - - PUNCT cblr-1765 200 7 making make VERB cblr-1765 200 8 even even ADV cblr-1765 200 9 less less ADJ cblr-1765 200 10 predictable.40 predictable.40 NOUN cblr-1765 200 11 the the DET cblr-1765 200 12 remainder remainder NOUN cblr-1765 200 13 of of ADP cblr-1765 200 14 this this DET cblr-1765 200 15 note note NOUN cblr-1765 200 16 will will AUX cblr-1765 200 17 discuss discuss VERB cblr-1765 200 18 the the DET cblr-1765 200 19 positive positive ADJ cblr-1765 200 20 and and CCONJ cblr-1765 200 21 negative negative ADJ cblr-1765 200 22 ramifications ramification NOUN cblr-1765 200 23 of of ADP cblr-1765 200 24 in in ADP cblr-1765 200 25 re re PROPN cblr-1765 200 26 fairfield fairfield PROPN cblr-1765 200 27 sentry sentry PROPN cblr-1765 200 28 and and CCONJ cblr-1765 200 29 suggest suggest VERB cblr-1765 200 30 proposals proposal NOUN cblr-1765 200 31 for for ADP cblr-1765 200 32 alleviating alleviate VERB cblr-1765 200 33 the the DET cblr-1765 200 34 temporality temporality NOUN cblr-1765 200 35 problems problem NOUN cblr-1765 200 36 intensified intensify VERB cblr-1765 200 37 by by ADP cblr-1765 200 38 the the DET cblr-1765 200 39 court court NOUN cblr-1765 200 40 ’s ’s PART cblr-1765 200 41 ruling ruling NOUN cblr-1765 200 42 . . PUNCT cblr-1765 201 1 iii iii X cblr-1765 201 2 . . PUNCT cblr-1765 202 1 ramifications ramification NOUN cblr-1765 202 2 of of ADP cblr-1765 202 3 the the DET cblr-1765 202 4 second second ADJ cblr-1765 202 5 circuit circuit NOUN cblr-1765 202 6 ’s ’s PART cblr-1765 202 7 endorsement endorsement NOUN cblr-1765 202 8 of of ADP cblr-1765 202 9 in in ADP cblr-1765 202 10 re re PROPN cblr-1765 202 11 fairfield fairfield PROPN cblr-1765 202 12 sentry sentry PROPN cblr-1765 202 13 a. a. PROPN cblr-1765 202 14 two two NUM cblr-1765 202 15 approaches approach NOUN cblr-1765 202 16 to to ADP cblr-1765 202 17 temporality temporality NOUN cblr-1765 202 18 courts court NOUN cblr-1765 202 19 have have AUX cblr-1765 202 20 applied apply VERB cblr-1765 202 21 two two NUM cblr-1765 202 22 contrasting contrast VERB cblr-1765 202 23 approaches approach NOUN cblr-1765 202 24 to to ADP cblr-1765 202 25 temporality temporality NOUN cblr-1765 202 26 in in ADP cblr-1765 202 27 their their PRON cblr-1765 202 28 comi comi NOUN cblr-1765 202 29 analyses analysis NOUN cblr-1765 202 30 . . PUNCT cblr-1765 203 1 the the DET cblr-1765 203 2 majority majority NOUN cblr-1765 203 3 approach approach NOUN cblr-1765 203 4 evaluates evaluate VERB cblr-1765 203 5 comi comi NOUN cblr-1765 203 6 based base VERB cblr-1765 203 7 on on ADP cblr-1765 203 8 a a DET cblr-1765 203 9 debtor debtor NOUN cblr-1765 203 10 ’s ’s PART cblr-1765 203 11 “ " PUNCT cblr-1765 203 12 activities activity NOUN cblr-1765 203 13 at at ADP cblr-1765 203 14 or or CCONJ cblr-1765 203 15 around around ADP cblr-1765 203 16 39 39 NUM cblr-1765 203 17 for for ADP cblr-1765 203 18 example example NOUN cblr-1765 203 19 , , PUNCT cblr-1765 203 20 if if SCONJ cblr-1765 203 21 recognition recognition NOUN cblr-1765 203 22 is be AUX cblr-1765 203 23 denied deny VERB cblr-1765 203 24 , , PUNCT cblr-1765 203 25 creditors creditor NOUN cblr-1765 203 26 would would AUX cblr-1765 203 27 not not PART cblr-1765 203 28 be be AUX cblr-1765 203 29 subject subject ADJ cblr-1765 203 30 to to ADP cblr-1765 203 31 section section NOUN cblr-1765 203 32 362 362 NUM cblr-1765 203 33 ’s ’s PART cblr-1765 203 34 automatic automatic ADJ cblr-1765 203 35 stay stay NOUN cblr-1765 203 36 . . PUNCT cblr-1765 204 1 11 11 NUM cblr-1765 204 2 u.s.c u.s.c NOUN cblr-1765 204 3 . . PUNCT cblr-1765 205 1 § § PROPN cblr-1765 205 2 1520 1520 NUM cblr-1765 205 3 ( ( PUNCT cblr-1765 205 4 2012 2012 NUM cblr-1765 205 5 ) ) PUNCT cblr-1765 205 6 . . PUNCT cblr-1765 206 1 40 40 NUM cblr-1765 206 2 see see VERB cblr-1765 206 3 generally generally ADV cblr-1765 206 4 in in ADP cblr-1765 206 5 re re ADJ cblr-1765 206 6 fairfield fairfield PROPN cblr-1765 206 7 sentry sentry PROPN cblr-1765 206 8 , , PUNCT cblr-1765 206 9 714 714 NUM cblr-1765 206 10 f.3d f.3d NUM cblr-1765 206 11 at at ADP cblr-1765 206 12 127 127 NUM cblr-1765 206 13 . . PUNCT cblr-1765 207 1 hallock hallock NOUN cblr-1765 207 2 – – PUNCT cblr-1765 207 3 final final ADJ cblr-1765 207 4 1088 1088 NUM cblr-1765 207 5 columbia columbia PROPN cblr-1765 207 6 business business NOUN cblr-1765 207 7 law law PROPN cblr-1765 207 8 review review NOUN cblr-1765 207 9 [ [ X cblr-1765 207 10 vol vol NOUN cblr-1765 207 11 . . NOUN cblr-1765 207 12 2015 2015 NUM cblr-1765 207 13 the the DET cblr-1765 207 14 time time NOUN cblr-1765 207 15 the the DET cblr-1765 207 16 chapter chapter NOUN cblr-1765 207 17 15 15 NUM cblr-1765 207 18 petition petition NOUN cblr-1765 207 19 is be AUX cblr-1765 207 20 filed file VERB cblr-1765 207 21 . . PUNCT cblr-1765 207 22 . . PUNCT cblr-1765 207 23 . . PUNCT cblr-1765 208 1 .”41 .”41 PROPN cblr-1765 209 1 in in ADP cblr-1765 209 2 other other ADJ cblr-1765 209 3 words word NOUN cblr-1765 209 4 , , PUNCT cblr-1765 209 5 courts court NOUN cblr-1765 209 6 determine determine VERB cblr-1765 209 7 the the DET cblr-1765 209 8 location location NOUN cblr-1765 209 9 of of ADP cblr-1765 209 10 the the DET cblr-1765 209 11 debtor debtor NOUN cblr-1765 209 12 ’s ’s PART cblr-1765 209 13 comi comi NOUN cblr-1765 209 14 by by ADP cblr-1765 209 15 looking look VERB cblr-1765 209 16 at at ADP cblr-1765 209 17 all all DET cblr-1765 209 18 relevant relevant ADJ cblr-1765 209 19 factors factor NOUN cblr-1765 209 20 present present ADJ cblr-1765 209 21 at at ADP cblr-1765 209 22 or or CCONJ cblr-1765 209 23 immediately immediately ADV cblr-1765 209 24 preceding precede VERB cblr-1765 209 25 the the DET cblr-1765 209 26 time time NOUN cblr-1765 209 27 when when SCONJ cblr-1765 209 28 the the DET cblr-1765 209 29 debtor debtor NOUN cblr-1765 209 30 files file VERB cblr-1765 209 31 its its PRON cblr-1765 209 32 chapter chapter NOUN cblr-1765 209 33 15 15 NUM cblr-1765 209 34 petition petition NOUN cblr-1765 209 35 . . PUNCT cblr-1765 210 1 the the DET cblr-1765 210 2 court court NOUN cblr-1765 210 3 does do AUX cblr-1765 210 4 not not PART cblr-1765 210 5 look look VERB cblr-1765 210 6 to to ADP cblr-1765 210 7 the the DET cblr-1765 210 8 debtor debtor NOUN cblr-1765 210 9 ’s ’s PART cblr-1765 210 10 prior prior ADJ cblr-1765 210 11 operational operational ADJ cblr-1765 210 12 history history NOUN cblr-1765 210 13 in in ADP cblr-1765 210 14 making make VERB cblr-1765 210 15 this this DET cblr-1765 210 16 determination.42 determination.42 NOUN cblr-1765 210 17 41 41 NUM cblr-1765 210 18 i i PRON cblr-1765 210 19 d. d. PROPN cblr-1765 210 20 at at ADP cblr-1765 210 21 137 137 NUM cblr-1765 210 22 . . PUNCT cblr-1765 211 1 the the DET cblr-1765 211 2 second second ADJ cblr-1765 211 3 circuit circuit NOUN cblr-1765 211 4 has have AUX cblr-1765 211 5 somewhat somewhat ADV cblr-1765 211 6 inconsistently inconsistently ADV cblr-1765 211 7 stated state VERB cblr-1765 211 8 both both PRON cblr-1765 211 9 that that SCONJ cblr-1765 211 10 the the DET cblr-1765 211 11 relevant relevant ADJ cblr-1765 211 12 time time NOUN cblr-1765 211 13 period period NOUN cblr-1765 211 14 for for ADP cblr-1765 211 15 determination determination NOUN cblr-1765 211 16 of of ADP cblr-1765 211 17 comi comi NOUN cblr-1765 211 18 is be AUX cblr-1765 211 19 at at ADP cblr-1765 211 20 the the DET cblr-1765 211 21 filing filing NOUN cblr-1765 211 22 of of ADP cblr-1765 211 23 the the DET cblr-1765 211 24 chapter chapter NOUN cblr-1765 211 25 15 15 NUM cblr-1765 211 26 petition petition NOUN cblr-1765 211 27 and and CCONJ cblr-1765 211 28 that that SCONJ cblr-1765 211 29 the the DET cblr-1765 211 30 court court NOUN cblr-1765 211 31 will will AUX cblr-1765 211 32 look look VERB cblr-1765 211 33 at at ADP cblr-1765 211 34 the the DET cblr-1765 211 35 debtor debtor NOUN cblr-1765 211 36 ’s ’s PART cblr-1765 211 37 activities activity NOUN cblr-1765 211 38 around around ADP cblr-1765 211 39 the the DET cblr-1765 211 40 time time NOUN cblr-1765 211 41 of of ADP cblr-1765 211 42 the the DET cblr-1765 211 43 chapter chapter NOUN cblr-1765 211 44 15 15 NUM cblr-1765 211 45 petition petition NOUN cblr-1765 211 46 . . PUNCT cblr-1765 212 1 nevertheless nevertheless ADV cblr-1765 212 2 , , PUNCT cblr-1765 212 3 this this DET cblr-1765 212 4 note note NOUN cblr-1765 212 5 focuses focus VERB cblr-1765 212 6 on on ADP cblr-1765 212 7 the the DET cblr-1765 212 8 larger large ADJ cblr-1765 212 9 difference difference NOUN cblr-1765 212 10 between between ADP cblr-1765 212 11 the the DET cblr-1765 212 12 minority minority NOUN cblr-1765 212 13 and and CCONJ cblr-1765 212 14 majority majority NOUN cblr-1765 212 15 approaches approach NOUN cblr-1765 212 16 , , PUNCT cblr-1765 212 17 and and CCONJ cblr-1765 212 18 will will AUX cblr-1765 212 19 not not PART cblr-1765 212 20 address address VERB cblr-1765 212 21 slight slight ADJ cblr-1765 212 22 discrepancies discrepancy NOUN cblr-1765 212 23 in in ADP cblr-1765 212 24 application application NOUN cblr-1765 212 25 of of ADP cblr-1765 212 26 the the DET cblr-1765 212 27 majority majority NOUN cblr-1765 212 28 approach approach NOUN cblr-1765 212 29 . . PUNCT cblr-1765 213 1 compare compare VERB cblr-1765 213 2 i i PRON cblr-1765 213 3 d. d. PROPN cblr-1765 213 4 ( ( PUNCT cblr-1765 213 5 “ " PUNCT cblr-1765 213 6 we we PRON cblr-1765 213 7 therefore therefore ADV cblr-1765 213 8 hold hold VERB cblr-1765 213 9 that that SCONJ cblr-1765 213 10 a a DET cblr-1765 213 11 debtor debtor NOUN cblr-1765 213 12 ’s ’s PART cblr-1765 213 13 comi comi NOUN cblr-1765 213 14 should should AUX cblr-1765 213 15 be be AUX cblr-1765 213 16 determined determine VERB cblr-1765 213 17 based base VERB cblr-1765 213 18 on on ADP cblr-1765 213 19 its its PRON cblr-1765 213 20 activities activity NOUN cblr-1765 213 21 at at ADP cblr-1765 213 22 or or CCONJ cblr-1765 213 23 around around ADP cblr-1765 213 24 the the DET cblr-1765 213 25 time time NOUN cblr-1765 213 26 the the DET cblr-1765 213 27 chapter chapter NOUN cblr-1765 213 28 15 15 NUM cblr-1765 213 29 petition petition NOUN cblr-1765 213 30 is be AUX cblr-1765 213 31 filed file VERB cblr-1765 213 32 . . PUNCT cblr-1765 213 33 . . PUNCT cblr-1765 213 34 . . PUNCT cblr-1765 213 35 . . PUNCT cblr-1765 213 36 ” " PUNCT cblr-1765 213 37 ) ) PUNCT cblr-1765 213 38 , , PUNCT cblr-1765 213 39 with with ADP cblr-1765 213 40 i i PRON cblr-1765 213 41 d. d. PROPN cblr-1765 213 42 at at ADP cblr-1765 213 43 133 133 NUM cblr-1765 213 44 ( ( PUNCT cblr-1765 213 45 “ " PUNCT cblr-1765 213 46 we we PRON cblr-1765 213 47 conclude conclude VERB cblr-1765 213 48 that that SCONJ cblr-1765 213 49 a a DET cblr-1765 213 50 debtor debtor NOUN cblr-1765 213 51 ’s ’s PART cblr-1765 213 52 comi comi NOUN cblr-1765 213 53 is be AUX cblr-1765 213 54 determined determine VERB cblr-1765 213 55 as as ADP cblr-1765 213 56 of of ADP cblr-1765 213 57 the the DET cblr-1765 213 58 time time NOUN cblr-1765 213 59 of of ADP cblr-1765 213 60 the the DET cblr-1765 213 61 filing filing NOUN cblr-1765 213 62 chapter chapter NOUN cblr-1765 213 63 15 15 NUM cblr-1765 213 64 petition petition NOUN cblr-1765 213 65 . . PUNCT cblr-1765 213 66 ” " PUNCT cblr-1765 213 67 ) ) PUNCT cblr-1765 213 68 . . PUNCT cblr-1765 214 1 42 42 NUM cblr-1765 214 2 parties party NOUN cblr-1765 214 3 have have AUX cblr-1765 214 4 frequently frequently ADV cblr-1765 214 5 argued argue VERB cblr-1765 214 6 for for ADP cblr-1765 214 7 a a DET cblr-1765 214 8 third third ADJ cblr-1765 214 9 approach approach NOUN cblr-1765 214 10 — — PUNCT cblr-1765 214 11 debtor debtor NOUN cblr-1765 214 12 ’s ’s PART cblr-1765 214 13 operational operational ADJ cblr-1765 214 14 history history NOUN cblr-1765 214 15 — — PUNCT cblr-1765 214 16 distinct distinct ADJ cblr-1765 214 17 from from ADP cblr-1765 214 18 the the DET cblr-1765 214 19 majority majority NOUN cblr-1765 214 20 and and CCONJ cblr-1765 214 21 minority minority NOUN cblr-1765 214 22 approaches approach NOUN cblr-1765 214 23 . . PUNCT cblr-1765 215 1 under under ADP cblr-1765 215 2 this this DET cblr-1765 215 3 view view NOUN cblr-1765 215 4 , , PUNCT cblr-1765 215 5 courts court NOUN cblr-1765 215 6 would would AUX cblr-1765 215 7 evaluate evaluate VERB cblr-1765 215 8 a a DET cblr-1765 215 9 debtor debtor NOUN cblr-1765 215 10 ’s ’s PART cblr-1765 215 11 entire entire ADJ cblr-1765 215 12 operational operational ADJ cblr-1765 215 13 history history NOUN cblr-1765 215 14 in in ADP cblr-1765 215 15 making make VERB cblr-1765 215 16 a a DET cblr-1765 215 17 comi comi NOUN cblr-1765 215 18 determination determination NOUN cblr-1765 215 19 . . PUNCT cblr-1765 216 1 however however ADV cblr-1765 216 2 , , PUNCT cblr-1765 216 3 courts court NOUN cblr-1765 216 4 have have AUX cblr-1765 216 5 consistently consistently ADV cblr-1765 216 6 rejected reject VERB cblr-1765 216 7 this this DET cblr-1765 216 8 approach approach NOUN cblr-1765 216 9 . . PUNCT cblr-1765 217 1 i i PRON cblr-1765 217 2 d. d. PROPN cblr-1765 217 3 at at ADP cblr-1765 217 4 134 134 NUM cblr-1765 217 5 ( ( PUNCT cblr-1765 217 6 “ " PUNCT cblr-1765 217 7 [ [ X cblr-1765 217 8 w]e w]e NOUN cblr-1765 217 9 reject reject VERB cblr-1765 217 10 morning morning NOUN cblr-1765 217 11 mist mist NOUN cblr-1765 217 12 ’s ’s PART cblr-1765 217 13 invitation invitation NOUN cblr-1765 217 14 for for SCONJ cblr-1765 217 15 us we PRON cblr-1765 217 16 to to PART cblr-1765 217 17 consider consider VERB cblr-1765 217 18 the the DET cblr-1765 217 19 debtor debtor NOUN cblr-1765 217 20 ’s ’s PART cblr-1765 217 21 entire entire ADJ cblr-1765 217 22 operational operational ADJ cblr-1765 217 23 history history NOUN cblr-1765 217 24 [ [ X cblr-1765 217 25 in in ADP cblr-1765 217 26 making make VERB cblr-1765 217 27 a a DET cblr-1765 217 28 comi comi NOUN cblr-1765 217 29 determination determination NOUN cblr-1765 217 30 ] ] PUNCT cblr-1765 217 31 . . PUNCT cblr-1765 217 32 ” " PUNCT cblr-1765 217 33 ) ) PUNCT cblr-1765 217 34 ; ; PUNCT cblr-1765 217 35 in in ADP cblr-1765 217 36 re re PROPN cblr-1765 217 37 fairfield fairfield PROPN cblr-1765 217 38 sentry sentry PROPN cblr-1765 217 39 ltd ltd PROPN cblr-1765 217 40 . . PROPN cblr-1765 217 41 , , PUNCT cblr-1765 217 42 no no INTJ cblr-1765 217 43 . . PUNCT cblr-1765 217 44 10 10 NUM cblr-1765 217 45 civ civ NOUN cblr-1765 217 46 . . PUNCT cblr-1765 217 47 7311 7311 NUM cblr-1765 217 48 , , PUNCT cblr-1765 217 49 2011 2011 NUM cblr-1765 217 50 wl wl NOUN cblr-1765 217 51 4357421 4357421 NUM cblr-1765 217 52 , , PUNCT cblr-1765 217 53 at at ADP cblr-1765 217 54 * * NUM cblr-1765 217 55 6 6 NUM cblr-1765 217 56 ( ( PUNCT cblr-1765 217 57 s.d.n.y s.d.n.y PROPN cblr-1765 217 58 . . PUNCT cblr-1765 217 59 sept sept PROPN cblr-1765 217 60 . . PROPN cblr-1765 217 61 16 16 NUM cblr-1765 217 62 , , PUNCT cblr-1765 217 63 2011 2011 NUM cblr-1765 217 64 ) ) PUNCT cblr-1765 217 65 , , PUNCT cblr-1765 217 66 aff’d aff’d VERB cblr-1765 217 67 , , PUNCT cblr-1765 217 68 714 714 NUM cblr-1765 217 69 f.3d f.3d NUM cblr-1765 217 70 at at ADP cblr-1765 217 71 127 127 NUM cblr-1765 217 72 ( ( PUNCT cblr-1765 217 73 “ " PUNCT cblr-1765 217 74 appellants appellant NOUN cblr-1765 217 75 argue argue VERB cblr-1765 217 76 that that SCONJ cblr-1765 217 77 sentry sentry NOUN cblr-1765 217 78 ’s ’s PART cblr-1765 217 79 recent recent ADJ cblr-1765 217 80 activity activity NOUN cblr-1765 217 81 in in ADP cblr-1765 217 82 the the DET cblr-1765 217 83 bvi bvi NOUN cblr-1765 217 84 can can AUX cblr-1765 217 85 not not PART cblr-1765 217 86 displace displace VERB cblr-1765 217 87 sentry sentry NOUN cblr-1765 217 88 ’s ’s PART cblr-1765 217 89 18 18 NUM cblr-1765 217 90 - - PUNCT cblr-1765 217 91 year year NOUN cblr-1765 217 92 center center NOUN cblr-1765 217 93 of of ADP cblr-1765 217 94 main main ADJ cblr-1765 217 95 interests interest NOUN cblr-1765 217 96 in in ADP cblr-1765 217 97 the the DET cblr-1765 217 98 united united PROPN cblr-1765 217 99 states states PROPN cblr-1765 217 100 . . PUNCT cblr-1765 218 1 on on ADP cblr-1765 218 2 the the DET cblr-1765 218 3 contrary contrary NOUN cblr-1765 218 4 , , PUNCT cblr-1765 218 5 courts court NOUN cblr-1765 218 6 . . PUNCT cblr-1765 218 7 . . PUNCT cblr-1765 218 8 . . PUNCT cblr-1765 219 1 have have AUX cblr-1765 219 2 consistently consistently ADV cblr-1765 219 3 held hold VERB cblr-1765 219 4 that that SCONJ cblr-1765 219 5 the the DET cblr-1765 219 6 relevant relevant ADJ cblr-1765 219 7 time time NOUN cblr-1765 219 8 for for ADP cblr-1765 219 9 determining determine VERB cblr-1765 219 10 a a DET cblr-1765 219 11 debtor debtor NOUN cblr-1765 219 12 ’s ’s PART cblr-1765 219 13 comi comi NOUN cblr-1765 219 14 is be AUX cblr-1765 219 15 when when SCONJ cblr-1765 219 16 the the DET cblr-1765 219 17 chapter chapter NOUN cblr-1765 219 18 15 15 NUM cblr-1765 219 19 petition petition NOUN cblr-1765 219 20 was be AUX cblr-1765 219 21 filed file VERB cblr-1765 219 22 . . PUNCT cblr-1765 219 23 ” " PUNCT cblr-1765 219 24 ) ) PUNCT cblr-1765 219 25 ; ; PUNCT cblr-1765 219 26 in in ADP cblr-1765 219 27 re re NOUN cblr-1765 219 28 ran run VERB cblr-1765 219 29 , , PUNCT cblr-1765 219 30 607 607 NUM cblr-1765 219 31 f.3d f.3d NUM cblr-1765 219 32 at at ADP cblr-1765 219 33 1025 1025 NUM cblr-1765 219 34 ( ( PUNCT cblr-1765 219 35 “ " PUNCT cblr-1765 219 36 [ [ X cblr-1765 219 37 the the DET cblr-1765 219 38 bankruptcy bankruptcy NOUN cblr-1765 219 39 receiver receiver NOUN cblr-1765 219 40 ] ] PUNCT cblr-1765 219 41 contends contend VERB cblr-1765 219 42 that that SCONJ cblr-1765 219 43 the the DET cblr-1765 219 44 comi comi NOUN cblr-1765 219 45 determination determination NOUN cblr-1765 219 46 should should AUX cblr-1765 219 47 be be AUX cblr-1765 219 48 made make VERB cblr-1765 219 49 with with ADP cblr-1765 219 50 reference reference NOUN cblr-1765 219 51 to to PART cblr-1765 219 52 ran ran VERB cblr-1765 219 53 ’s ’s PART cblr-1765 219 54 operation operation NOUN cblr-1765 219 55 history history NOUN cblr-1765 219 56 , , PUNCT cblr-1765 219 57 and and CCONJ cblr-1765 219 58 not not PART cblr-1765 219 59 merely merely ADV cblr-1765 219 60 by by ADP cblr-1765 219 61 focusing focus VERB cblr-1765 219 62 upon upon SCONJ cblr-1765 219 63 where where SCONJ cblr-1765 219 64 ran run VERB cblr-1765 219 65 ’s ’s PART cblr-1765 219 66 comi comi NOUN cblr-1765 219 67 lies lie VERB cblr-1765 219 68 on on ADP cblr-1765 219 69 the the DET cblr-1765 219 70 date date NOUN cblr-1765 219 71 the the DET cblr-1765 219 72 petition petition NOUN cblr-1765 219 73 for for ADP cblr-1765 219 74 recognition recognition NOUN cblr-1765 219 75 was be AUX cblr-1765 219 76 filed file VERB cblr-1765 219 77 . . PUNCT cblr-1765 219 78 . . PUNCT cblr-1765 219 79 . . PUNCT cblr-1765 220 1 . . PUNCT cblr-1765 221 1 we we PRON cblr-1765 221 2 disagree disagree VERB cblr-1765 221 3 . . PUNCT cblr-1765 221 4 ” " PUNCT cblr-1765 221 5 ) ) PUNCT cblr-1765 221 6 . . PUNCT cblr-1765 222 1 rather rather ADV cblr-1765 222 2 , , PUNCT cblr-1765 222 3 courts court NOUN cblr-1765 222 4 have have AUX cblr-1765 222 5 generally generally ADV cblr-1765 222 6 been be AUX cblr-1765 222 7 willing willing ADJ cblr-1765 222 8 to to PART cblr-1765 222 9 look look VERB cblr-1765 222 10 at at ADP cblr-1765 222 11 the the DET cblr-1765 222 12 period period NOUN cblr-1765 222 13 between between ADP cblr-1765 222 14 commencement commencement NOUN cblr-1765 222 15 of of ADP cblr-1765 222 16 the the DET cblr-1765 222 17 foreign foreign ADJ cblr-1765 222 18 proceeding proceeding NOUN cblr-1765 222 19 and and CCONJ cblr-1765 222 20 filing filing NOUN cblr-1765 222 21 of of ADP cblr-1765 222 22 the the DET cblr-1765 222 23 chapter chapter NOUN cblr-1765 222 24 15 15 NUM cblr-1765 222 25 petition petition NOUN cblr-1765 222 26 to to PART cblr-1765 222 27 determine determine VERB cblr-1765 222 28 whether whether SCONJ cblr-1765 222 29 the the DET cblr-1765 222 30 debtor debtor NOUN cblr-1765 222 31 fraudulently fraudulently ADV cblr-1765 222 32 manipulated manipulate VERB cblr-1765 222 33 its its PRON cblr-1765 222 34 comi comi NOUN cblr-1765 222 35 . . PUNCT cblr-1765 223 1 see see VERB cblr-1765 223 2 in in ADP cblr-1765 223 3 re re PROPN cblr-1765 223 4 fairfield fairfield PROPN cblr-1765 223 5 sentry sentry PROPN cblr-1765 223 6 , , PUNCT cblr-1765 223 7 714 714 NUM cblr-1765 223 8 f.3d f.3d NUM cblr-1765 223 9 at at ADP cblr-1765 223 10 133 133 NUM cblr-1765 223 11 ( ( PUNCT cblr-1765 223 12 “ " PUNCT cblr-1765 223 13 to to PART cblr-1765 223 14 offset offset VERB cblr-1765 223 15 a a DET cblr-1765 223 16 debtor debtor NOUN cblr-1765 223 17 ’s ’s PART cblr-1765 223 18 ability ability NOUN cblr-1765 223 19 to to PART cblr-1765 223 20 manipulate manipulate VERB cblr-1765 223 21 its its PRON cblr-1765 223 22 comi comi NOUN cblr-1765 223 23 , , PUNCT cblr-1765 223 24 a a DET cblr-1765 223 25 court court NOUN cblr-1765 223 26 may may AUX cblr-1765 223 27 also also ADV cblr-1765 223 28 look look VERB cblr-1765 223 29 at at ADP cblr-1765 223 30 the the DET cblr-1765 223 31 time time NOUN cblr-1765 223 32 period period NOUN cblr-1765 223 33 between between ADP cblr-1765 223 34 the the DET cblr-1765 223 35 initiation initiation NOUN cblr-1765 223 36 of of ADP cblr-1765 223 37 the the DET cblr-1765 223 38 foreign foreign ADJ cblr-1765 223 39 liquidation liquidation NOUN cblr-1765 223 40 proceeding proceeding NOUN cblr-1765 223 41 and and CCONJ cblr-1765 223 42 the the DET cblr-1765 223 43 filing filing NOUN cblr-1765 223 44 of of ADP cblr-1765 223 45 the the DET cblr-1765 223 46 chapter chapter NOUN cblr-1765 223 47 15 15 NUM cblr-1765 223 48 petition petition NOUN cblr-1765 223 49 . . PUNCT cblr-1765 223 50 ” " PUNCT cblr-1765 223 51 ) ) PUNCT cblr-1765 223 52 ; ; PUNCT cblr-1765 223 53 in in ADP cblr-1765 223 54 re re PROPN cblr-1765 223 55 fairfield fairfield PROPN cblr-1765 223 56 sentry sentry PROPN cblr-1765 223 57 ltd ltd PROPN cblr-1765 223 58 . . PROPN cblr-1765 223 59 , , PUNCT cblr-1765 223 60 440 440 NUM cblr-1765 223 61 b.r b.r PROPN cblr-1765 223 62 . . PROPN cblr-1765 223 63 60 60 NUM cblr-1765 223 64 , , PUNCT cblr-1765 223 65 66 66 NUM cblr-1765 223 66 ( ( PUNCT cblr-1765 223 67 bankr bankr PROPN cblr-1765 223 68 . . PUNCT cblr-1765 224 1 s.d.n.y s.d.n.y PROPN cblr-1765 224 2 . . PROPN cblr-1765 224 3 2010 2010 NUM cblr-1765 224 4 ) ) PUNCT cblr-1765 224 5 , , PUNCT cblr-1765 224 6 aff’d aff’d VERB cblr-1765 224 7 , , PUNCT cblr-1765 224 8 2011 2011 NUM cblr-1765 224 9 wl wl NOUN cblr-1765 224 10 4357421 4357421 NUM cblr-1765 224 11 , , PUNCT cblr-1765 224 12 aff’d aff’d NUM cblr-1765 224 13 , , PUNCT cblr-1765 224 14 714 714 NUM cblr-1765 224 15 f.3d f.3d NUM cblr-1765 224 16 at at ADP cblr-1765 224 17 127 127 NUM cblr-1765 224 18 ( ( PUNCT cblr-1765 224 19 “ " PUNCT cblr-1765 224 20 the the DET cblr-1765 224 21 jurisprudence jurisprudence NOUN cblr-1765 224 22 . . PUNCT cblr-1765 224 23 . . PUNCT cblr-1765 224 24 . . PUNCT cblr-1765 225 1 does do AUX cblr-1765 225 2 not not PART cblr-1765 225 3 preclude preclude VERB cblr-1765 225 4 looking look VERB cblr-1765 225 5 into into ADP cblr-1765 225 6 a a DET cblr-1765 225 7 broader broad ADJ cblr-1765 225 8 temporal temporal ADJ cblr-1765 225 9 comi comi NOUN cblr-1765 225 10 assessment assessment NOUN cblr-1765 225 11 where where SCONJ cblr-1765 225 12 there there PRON cblr-1765 225 13 may may AUX cblr-1765 225 14 have have AUX cblr-1765 225 15 been be AUX cblr-1765 225 16 an an DET cblr-1765 225 17 opportunistic opportunistic ADJ cblr-1765 225 18 shift shift NOUN cblr-1765 225 19 to to ADP cblr-1765 225 20 hallock hallock NOUN cblr-1765 225 21 – – PUNCT cblr-1765 225 22 final final ADJ cblr-1765 225 23 no no NOUN cblr-1765 225 24 . . PUNCT cblr-1765 226 1 3:1074 3:1074 NUM cblr-1765 226 2 ] ] PUNCT cblr-1765 226 3 time time NOUN cblr-1765 226 4 out out ADP cblr-1765 226 5 1089 1089 NUM cblr-1765 226 6 in in ADP cblr-1765 226 7 contrast contrast NOUN cblr-1765 226 8 , , PUNCT cblr-1765 226 9 a a DET cblr-1765 226 10 minority minority NOUN cblr-1765 226 11 of of ADP cblr-1765 226 12 judges judge NOUN cblr-1765 226 13 have have AUX cblr-1765 226 14 made make VERB cblr-1765 226 15 comi comi NOUN cblr-1765 226 16 determinations determination NOUN cblr-1765 226 17 by by ADP cblr-1765 226 18 examining examine VERB cblr-1765 226 19 relevant relevant ADJ cblr-1765 226 20 factors factor NOUN cblr-1765 226 21 at at ADP cblr-1765 226 22 the the DET cblr-1765 226 23 earlier early ADJ cblr-1765 226 24 date date NOUN cblr-1765 226 25 of of ADP cblr-1765 226 26 the the DET cblr-1765 226 27 commencement commencement NOUN cblr-1765 226 28 of of ADP cblr-1765 226 29 foreign foreign ADJ cblr-1765 226 30 proceedings proceeding NOUN cblr-1765 226 31 . . PUNCT cblr-1765 227 1 in in ADP cblr-1765 227 2 contrast contrast NOUN cblr-1765 227 3 to to ADP cblr-1765 227 4 the the DET cblr-1765 227 5 majority majority NOUN cblr-1765 227 6 approach approach NOUN cblr-1765 227 7 , , PUNCT cblr-1765 227 8 these these DET cblr-1765 227 9 courts court NOUN cblr-1765 227 10 will will AUX cblr-1765 227 11 not not PART cblr-1765 227 12 consider consider VERB cblr-1765 227 13 any any DET cblr-1765 227 14 activities activity NOUN cblr-1765 227 15 between between ADP cblr-1765 227 16 commencement commencement NOUN cblr-1765 227 17 of of ADP cblr-1765 227 18 the the DET cblr-1765 227 19 foreign foreign ADJ cblr-1765 227 20 proceeding proceeding NOUN cblr-1765 227 21 and and CCONJ cblr-1765 227 22 the the DET cblr-1765 227 23 filing filing NOUN cblr-1765 227 24 of of ADP cblr-1765 227 25 the the DET cblr-1765 227 26 chapter chapter NOUN cblr-1765 227 27 15 15 NUM cblr-1765 227 28 petition petition NOUN cblr-1765 227 29 . . PUNCT cblr-1765 228 1 once once ADV cblr-1765 228 2 the the DET cblr-1765 228 3 foreign foreign ADJ cblr-1765 228 4 proceeding proceeding NOUN cblr-1765 228 5 begins begin VERB cblr-1765 228 6 , , PUNCT cblr-1765 228 7 a a DET cblr-1765 228 8 debtor debtor NOUN cblr-1765 228 9 ’s ’s PART cblr-1765 228 10 comi comi NOUN cblr-1765 228 11 is be AUX cblr-1765 228 12 static static ADJ cblr-1765 228 13 — — PUNCT cblr-1765 228 14 it it PRON cblr-1765 228 15 can can AUX cblr-1765 228 16 not not PART cblr-1765 228 17 change change VERB cblr-1765 228 18 based base VERB cblr-1765 228 19 on on ADP cblr-1765 228 20 subsequent subsequent ADJ cblr-1765 228 21 activities activity NOUN cblr-1765 228 22 . . PUNCT cblr-1765 229 1 in in ADP cblr-1765 229 2 other other ADJ cblr-1765 229 3 words word NOUN cblr-1765 229 4 , , PUNCT cblr-1765 229 5 a a DET cblr-1765 229 6 debtor debtor NOUN cblr-1765 229 7 ’s ’s PART cblr-1765 229 8 comi comi NOUN cblr-1765 229 9 at at ADP cblr-1765 229 10 the the DET cblr-1765 229 11 time time NOUN cblr-1765 229 12 of of ADP cblr-1765 229 13 the the DET cblr-1765 229 14 foreign foreign ADJ cblr-1765 229 15 proceeding proceeding NOUN cblr-1765 229 16 is be AUX cblr-1765 229 17 necessarily necessarily ADV cblr-1765 229 18 its its PRON cblr-1765 229 19 comi comi NOUN cblr-1765 229 20 at at ADP cblr-1765 229 21 the the DET cblr-1765 229 22 time time NOUN cblr-1765 229 23 of of ADP cblr-1765 229 24 a a DET cblr-1765 229 25 chapter chapter NOUN cblr-1765 229 26 15 15 NUM cblr-1765 229 27 petition petition NOUN cblr-1765 229 28 . . PUNCT cblr-1765 230 1 the the DET cblr-1765 230 2 second second ADJ cblr-1765 230 3 circuit circuit NOUN cblr-1765 230 4 recently recently ADV cblr-1765 230 5 resolved resolve VERB cblr-1765 230 6 a a DET cblr-1765 230 7 split split NOUN cblr-1765 230 8 between between ADP cblr-1765 230 9 judges judge NOUN cblr-1765 230 10 within within ADP cblr-1765 230 11 the the DET cblr-1765 230 12 bankruptcy bankruptcy NOUN cblr-1765 230 13 court court NOUN cblr-1765 230 14 for for ADP cblr-1765 230 15 the the DET cblr-1765 230 16 southern southern ADJ cblr-1765 230 17 district district NOUN cblr-1765 230 18 of of ADP cblr-1765 230 19 new new PROPN cblr-1765 230 20 york york PROPN cblr-1765 230 21 on on ADP cblr-1765 230 22 this this DET cblr-1765 230 23 issue issue NOUN cblr-1765 230 24 . . PUNCT cblr-1765 231 1 in in ADP cblr-1765 231 2 in in ADP cblr-1765 231 3 re re PROPN cblr-1765 231 4 millennium millennium NOUN cblr-1765 231 5 global global ADJ cblr-1765 231 6 emerging emerge VERB cblr-1765 231 7 credit credit NOUN cblr-1765 231 8 master master PROPN cblr-1765 231 9 fund fund PROPN cblr-1765 231 10 ltd ltd PROPN cblr-1765 231 11 . . PROPN cblr-1765 231 12 , , PUNCT cblr-1765 231 13 the the DET cblr-1765 231 14 bankruptcy bankruptcy NOUN cblr-1765 231 15 court court NOUN cblr-1765 231 16 applied apply VERB cblr-1765 231 17 the the DET cblr-1765 231 18 minority minority NOUN cblr-1765 231 19 approach approach NOUN cblr-1765 231 20 in in ADP cblr-1765 231 21 recognizing recognize VERB cblr-1765 231 22 a a DET cblr-1765 231 23 foreign foreign ADJ cblr-1765 231 24 proceeding proceeding NOUN cblr-1765 231 25 in in ADP cblr-1765 231 26 bermuda.43 bermuda.43 NOUN cblr-1765 231 27 in in ADP cblr-1765 231 28 contrast contrast NOUN cblr-1765 231 29 , , PUNCT cblr-1765 231 30 in in ADP cblr-1765 231 31 in in ADP cblr-1765 231 32 re re PROPN cblr-1765 231 33 fairfield fairfield PROPN cblr-1765 231 34 sentry sentry PROPN cblr-1765 231 35 ltd ltd PROPN cblr-1765 231 36 . . PROPN cblr-1765 231 37 , , PUNCT cblr-1765 231 38 the the DET cblr-1765 231 39 same same ADJ cblr-1765 231 40 court court NOUN cblr-1765 231 41 applied apply VERB cblr-1765 231 42 the the DET cblr-1765 231 43 majority majority NOUN cblr-1765 231 44 approach approach NOUN cblr-1765 231 45 in in ADP cblr-1765 231 46 recognizing recognize VERB cblr-1765 231 47 a a DET cblr-1765 231 48 foreign foreign ADJ cblr-1765 231 49 proceeding proceeding NOUN cblr-1765 231 50 in in ADP cblr-1765 231 51 the the DET cblr-1765 231 52 british british ADJ cblr-1765 231 53 virgin virgin PROPN cblr-1765 232 1 islands.44 islands.44 NOUN cblr-1765 232 2 hearing hear VERB cblr-1765 232 3 in in ADP cblr-1765 232 4 re re PROPN cblr-1765 232 5 fairfield fairfield PROPN cblr-1765 232 6 sentry sentry PROPN cblr-1765 232 7 on on ADP cblr-1765 232 8 appeal appeal NOUN cblr-1765 232 9 , , PUNCT cblr-1765 232 10 the the DET cblr-1765 232 11 second second ADJ cblr-1765 232 12 circuit circuit NOUN cblr-1765 232 13 endorsed endorse VERB cblr-1765 232 14 the the DET cblr-1765 232 15 majority majority NOUN cblr-1765 232 16 approach approach NOUN cblr-1765 232 17 , , PUNCT cblr-1765 232 18 solidifying solidify VERB cblr-1765 232 19 the the DET cblr-1765 232 20 time time NOUN cblr-1765 232 21 of of ADP cblr-1765 232 22 the the DET cblr-1765 232 23 filing filing NOUN cblr-1765 232 24 of of ADP cblr-1765 232 25 the the DET cblr-1765 232 26 chapter chapter NOUN cblr-1765 232 27 15 15 NUM cblr-1765 232 28 petition petition NOUN cblr-1765 232 29 as as ADP cblr-1765 232 30 the the DET cblr-1765 232 31 relevant relevant ADJ cblr-1765 232 32 date date NOUN cblr-1765 232 33 for for ADP cblr-1765 232 34 determining determine VERB cblr-1765 232 35 a a DET cblr-1765 232 36 debtor debtor NOUN cblr-1765 232 37 ’s ’s PART cblr-1765 232 38 comi comi NOUN cblr-1765 232 39 in in ADP cblr-1765 232 40 the the DET cblr-1765 232 41 second second PROPN cblr-1765 232 42 circuit.45 circuit.45 PROPN cblr-1765 232 43 b. b. PROPN cblr-1765 232 44 in in ADP cblr-1765 232 45 re re PROPN cblr-1765 232 46 millennium millennium PROPN cblr-1765 232 47 global global ADJ cblr-1765 232 48 ( ( PUNCT cblr-1765 232 49 minority minority NOUN cblr-1765 232 50 approach approach NOUN cblr-1765 232 51 ) ) PUNCT cblr-1765 232 52 in in ADP cblr-1765 232 53 in in ADP cblr-1765 232 54 re re PROPN cblr-1765 232 55 millennium millennium NOUN cblr-1765 232 56 global global ADJ cblr-1765 232 57 , , PUNCT cblr-1765 232 58 the the DET cblr-1765 232 59 liquidators liquidator NOUN cblr-1765 232 60 of of ADP cblr-1765 232 61 two two NUM cblr-1765 232 62 offshore offshore ADJ cblr-1765 232 63 investment investment NOUN cblr-1765 232 64 funds fund NOUN cblr-1765 232 65 ( ( PUNCT cblr-1765 232 66 hereinafter hereinafter VERB cblr-1765 232 67 the the DET cblr-1765 232 68 “ " PUNCT cblr-1765 232 69 funds fund NOUN cblr-1765 232 70 ” " PUNCT cblr-1765 232 71 ) ) PUNCT cblr-1765 232 72 sought seek VERB cblr-1765 232 73 recognition recognition NOUN cblr-1765 232 74 of of ADP cblr-1765 232 75 bermuda bermuda PROPN cblr-1765 232 76 liquidation liquidation NOUN cblr-1765 232 77 proceedings proceeding NOUN cblr-1765 232 78 as as ADP cblr-1765 232 79 foreign foreign ADJ cblr-1765 232 80 main main ADJ cblr-1765 232 81 or or CCONJ cblr-1765 232 82 nonmain nonmain ADJ cblr-1765 232 83 proceedings proceeding NOUN cblr-1765 232 84 before before SCONJ cblr-1765 232 85 the the DET cblr-1765 232 86 bankruptcy bankruptcy NOUN cblr-1765 232 87 court court NOUN cblr-1765 232 88 for for ADP cblr-1765 232 89 the the DET cblr-1765 232 90 southern southern ADJ cblr-1765 232 91 district district NOUN cblr-1765 232 92 of of ADP cblr-1765 232 93 new new PROPN cblr-1765 232 94 york.46 york.46 PROPN cblr-1765 232 95 bcp bcp PROPN cblr-1765 232 96 securities security NOUN cblr-1765 232 97 establish establish VERB cblr-1765 232 98 comi comi NOUN cblr-1765 232 99 [ [ PUNCT cblr-1765 232 100 such such ADJ cblr-1765 232 101 as as ADP cblr-1765 232 102 ] ] PUNCT cblr-1765 232 103 insider insider NOUN cblr-1765 232 104 exploitation exploitation NOUN cblr-1765 232 105 , , PUNCT cblr-1765 232 106 untoward untoward ADJ cblr-1765 232 107 manipulation manipulation NOUN cblr-1765 232 108 , , PUNCT cblr-1765 232 109 over over ADP cblr-1765 232 110 thwarting thwarting NOUN cblr-1765 232 111 of of ADP cblr-1765 232 112 third third ADJ cblr-1765 232 113 party party NOUN cblr-1765 232 114 expectations expectation NOUN cblr-1765 233 1 [ [ X cblr-1765 233 2 ] ] X cblr-1765 233 3 . . PUNCT cblr-1765 233 4 ” " PUNCT cblr-1765 233 5 ) ) PUNCT cblr-1765 233 6 . . PUNCT cblr-1765 234 1 43 43 NUM cblr-1765 234 2 in in ADP cblr-1765 234 3 re re PROPN cblr-1765 234 4 millennium millennium NOUN cblr-1765 234 5 global global ADJ cblr-1765 234 6 emerging emerge VERB cblr-1765 234 7 credit credit NOUN cblr-1765 234 8 master master PROPN cblr-1765 234 9 fund fund PROPN cblr-1765 234 10 ltd ltd PROPN cblr-1765 234 11 . . PROPN cblr-1765 234 12 , , PUNCT cblr-1765 234 13 458 458 PROPN cblr-1765 234 14 b.r b.r PROPN cblr-1765 234 15 . . PROPN cblr-1765 234 16 63 63 NUM cblr-1765 234 17 ( ( PUNCT cblr-1765 234 18 bankr bankr PROPN cblr-1765 234 19 . . PUNCT cblr-1765 235 1 s.d.n.y s.d.n.y PROPN cblr-1765 235 2 . . PROPN cblr-1765 235 3 2011 2011 NUM cblr-1765 235 4 ) ) PUNCT cblr-1765 235 5 , , PUNCT cblr-1765 235 6 aff’d aff’d VERB cblr-1765 235 7 474 474 NUM cblr-1765 235 8 b.r b.r PROPN cblr-1765 235 9 . . PROPN cblr-1765 235 10 88 88 NUM cblr-1765 235 11 ( ( PUNCT cblr-1765 235 12 s.d.n.y s.d.n.y PROPN cblr-1765 235 13 . . PROPN cblr-1765 235 14 2012 2012 NUM cblr-1765 235 15 ) ) PUNCT cblr-1765 235 16 . . PUNCT cblr-1765 236 1 44 44 NUM cblr-1765 236 2 in in ADP cblr-1765 236 3 re re PROPN cblr-1765 236 4 fairfield fairfield PROPN cblr-1765 236 5 sentry sentry PROPN cblr-1765 236 6 , , PUNCT cblr-1765 236 7 440 440 NUM cblr-1765 236 8 b.r b.r PROPN cblr-1765 236 9 . . PROPN cblr-1765 236 10 at at ADP cblr-1765 236 11 60 60 NUM cblr-1765 236 12 . . PUNCT cblr-1765 236 13 45 45 NUM cblr-1765 236 14 in in ADP cblr-1765 236 15 re re PROPN cblr-1765 236 16 fairfield fairfield PROPN cblr-1765 236 17 sentry sentry PROPN cblr-1765 236 18 , , PUNCT cblr-1765 236 19 714 714 NUM cblr-1765 236 20 f.3d f.3d NUM cblr-1765 236 21 at at ADP cblr-1765 236 22 130 130 NUM cblr-1765 236 23 . . PUNCT cblr-1765 237 1 46 46 NUM cblr-1765 237 2 in in ADP cblr-1765 237 3 re re NOUN cblr-1765 237 4 millennium millennium NOUN cblr-1765 237 5 global global ADJ cblr-1765 237 6 , , PUNCT cblr-1765 237 7 458 458 NUM cblr-1765 237 8 b.r b.r PROPN cblr-1765 237 9 . . PROPN cblr-1765 238 1 at at ADP cblr-1765 238 2 65 65 NUM cblr-1765 238 3 ( ( PUNCT cblr-1765 238 4 “ " PUNCT cblr-1765 238 5 the the DET cblr-1765 238 6 liquidators liquidator NOUN cblr-1765 238 7 seek seek VERB cblr-1765 238 8 recognition recognition NOUN cblr-1765 238 9 in in ADP cblr-1765 238 10 order order NOUN cblr-1765 238 11 to to PART cblr-1765 238 12 investigate investigate VERB cblr-1765 238 13 the the DET cblr-1765 238 14 funds fund NOUN cblr-1765 238 15 ’ ' PUNCT cblr-1765 238 16 financial financial ADJ cblr-1765 238 17 affairs affair NOUN cblr-1765 238 18 , , PUNCT cblr-1765 238 19 conduct conduct VERB cblr-1765 238 20 hallock hallock NOUN cblr-1765 238 21 – – PUNCT cblr-1765 239 1 final final ADJ cblr-1765 239 2 1090 1090 NUM cblr-1765 239 3 columbia columbia PROPN cblr-1765 239 4 business business NOUN cblr-1765 239 5 law law PROPN cblr-1765 239 6 review review NOUN cblr-1765 239 7 [ [ X cblr-1765 239 8 vol vol NOUN cblr-1765 239 9 . . NOUN cblr-1765 239 10 2015 2015 NUM cblr-1765 239 11 ( ( PUNCT cblr-1765 239 12 “ " PUNCT cblr-1765 239 13 objectant objectant ADJ cblr-1765 239 14 ” " PUNCT cblr-1765 239 15 ) ) PUNCT cblr-1765 239 16 opposed oppose VERB cblr-1765 239 17 recognition recognition NOUN cblr-1765 239 18 on on ADP cblr-1765 239 19 the the DET cblr-1765 239 20 ground ground NOUN cblr-1765 239 21 that that SCONJ cblr-1765 239 22 bermuda bermuda NOUN cblr-1765 239 23 was be AUX cblr-1765 239 24 not not PART cblr-1765 239 25 the the DET cblr-1765 239 26 debtors debtor NOUN cblr-1765 239 27 ’ ’ PART cblr-1765 239 28 comi.47 comi.47 NOUN cblr-1765 239 29 in in ADP cblr-1765 239 30 response response NOUN cblr-1765 239 31 , , PUNCT cblr-1765 239 32 petitioners petitioner NOUN cblr-1765 239 33 argued argue VERB cblr-1765 239 34 that that SCONJ cblr-1765 239 35 the the DET cblr-1765 239 36 funds fund NOUN cblr-1765 239 37 ’ ' PUNCT cblr-1765 239 38 comi comi NOUN cblr-1765 239 39 was be AUX cblr-1765 239 40 in in ADP cblr-1765 239 41 bermuda bermuda NOUN cblr-1765 239 42 at at ADP cblr-1765 239 43 the the DET cblr-1765 239 44 commencement commencement NOUN cblr-1765 239 45 of of ADP cblr-1765 239 46 the the DET cblr-1765 239 47 liquidation liquidation NOUN cblr-1765 239 48 proceedings proceeding NOUN cblr-1765 239 49 . . PUNCT cblr-1765 240 1 alternatively alternatively ADV cblr-1765 240 2 , , PUNCT cblr-1765 240 3 they they PRON cblr-1765 240 4 argued argue VERB cblr-1765 240 5 that that SCONJ cblr-1765 240 6 the the DET cblr-1765 240 7 funds fund NOUN cblr-1765 240 8 ’ ' PUNCT cblr-1765 240 9 comi comi NOUN cblr-1765 240 10 had have AUX cblr-1765 240 11 become become AUX cblr-1765 240 12 lodged lodge VERB cblr-1765 240 13 in in ADP cblr-1765 240 14 bermuda bermuda NOUN cblr-1765 240 15 by by ADP cblr-1765 240 16 the the DET cblr-1765 240 17 time time NOUN cblr-1765 240 18 of of ADP cblr-1765 240 19 the the DET cblr-1765 240 20 chapter chapter NOUN cblr-1765 240 21 15 15 NUM cblr-1765 240 22 petition petition NOUN cblr-1765 240 23 due due ADP cblr-1765 240 24 to to ADP cblr-1765 240 25 the the DET cblr-1765 240 26 control control NOUN cblr-1765 240 27 exercised exercise VERB cblr-1765 240 28 by by ADP cblr-1765 240 29 the the DET cblr-1765 240 30 liquidators liquidator NOUN cblr-1765 240 31 during during ADP cblr-1765 240 32 the the DET cblr-1765 240 33 bermuda bermuda NOUN cblr-1765 240 34 proceeding.48 proceeding.48 PROPN cblr-1765 240 35 given give VERB cblr-1765 240 36 that that SCONJ cblr-1765 240 37 the the DET cblr-1765 240 38 debtors debtor NOUN cblr-1765 240 39 ’ ’ PART cblr-1765 240 40 liquidation liquidation NOUN cblr-1765 240 41 activities activity NOUN cblr-1765 240 42 had have AUX cblr-1765 240 43 been be AUX cblr-1765 240 44 centered center VERB cblr-1765 240 45 in in ADP cblr-1765 240 46 bermuda bermuda NOUN cblr-1765 240 47 throughout throughout ADP cblr-1765 240 48 the the DET cblr-1765 240 49 three three NUM cblr-1765 240 50 - - PUNCT cblr-1765 240 51 year year NOUN cblr-1765 240 52 proceedings proceeding NOUN cblr-1765 240 53 , , PUNCT cblr-1765 240 54 bermuda bermuda PROPN cblr-1765 240 55 was be AUX cblr-1765 240 56 almost almost ADV cblr-1765 240 57 certainly certainly ADV cblr-1765 240 58 the the DET cblr-1765 240 59 funds fund NOUN cblr-1765 240 60 ’ ' PUNCT cblr-1765 240 61 comi comi NOUN cblr-1765 240 62 if if SCONJ cblr-1765 240 63 the the DET cblr-1765 240 64 court court NOUN cblr-1765 240 65 focused focus VERB cblr-1765 240 66 on on ADP cblr-1765 240 67 the the DET cblr-1765 240 68 time time NOUN cblr-1765 240 69 of of ADP cblr-1765 240 70 the the DET cblr-1765 240 71 chapter chapter NOUN cblr-1765 240 72 15 15 NUM cblr-1765 240 73 petition petition NOUN cblr-1765 240 74 — — PUNCT cblr-1765 240 75 the the DET cblr-1765 240 76 majority majority NOUN cblr-1765 240 77 approach.49 approach.49 ADV cblr-1765 240 78 accordingly accordingly ADV cblr-1765 240 79 , , PUNCT cblr-1765 240 80 the the DET cblr-1765 240 81 court court NOUN cblr-1765 240 82 began begin VERB cblr-1765 240 83 its its PRON cblr-1765 240 84 analysis analysis NOUN cblr-1765 240 85 by by ADP cblr-1765 240 86 considering consider VERB cblr-1765 240 87 whether whether SCONJ cblr-1765 240 88 it it PRON cblr-1765 240 89 should should AUX cblr-1765 240 90 follow follow VERB cblr-1765 240 91 the the DET cblr-1765 240 92 majority majority NOUN cblr-1765 240 93 approach approach NOUN cblr-1765 240 94 or or CCONJ cblr-1765 240 95 focus focus VERB cblr-1765 240 96 on on ADP cblr-1765 240 97 an an DET cblr-1765 240 98 earlier early ADJ cblr-1765 240 99 point point NOUN cblr-1765 240 100 in in ADP cblr-1765 240 101 the the DET cblr-1765 240 102 debtors debtor NOUN cblr-1765 240 103 ’ ’ PART cblr-1765 240 104 history history NOUN cblr-1765 240 105 . . PUNCT cblr-1765 241 1 notwithstanding notwithstanding ADP cblr-1765 241 2 authority authority NOUN cblr-1765 241 3 to to ADP cblr-1765 241 4 the the DET cblr-1765 241 5 contrary contrary NOUN cblr-1765 241 6 , , PUNCT cblr-1765 241 7 the the DET cblr-1765 241 8 millennium millennium NOUN cblr-1765 241 9 global global ADJ cblr-1765 241 10 court court NOUN cblr-1765 241 11 rejected reject VERB cblr-1765 241 12 the the DET cblr-1765 241 13 majority majority NOUN cblr-1765 241 14 approach approach NOUN cblr-1765 241 15 of of ADP cblr-1765 241 16 determining determine VERB cblr-1765 241 17 comi comi NOUN cblr-1765 241 18 by by ADP cblr-1765 241 19 reference reference NOUN cblr-1765 241 20 to to ADP cblr-1765 241 21 a a DET cblr-1765 241 22 debtor debtor NOUN cblr-1765 241 23 ’s ’s PART cblr-1765 241 24 activities activity NOUN cblr-1765 241 25 at at ADP cblr-1765 241 26 the the DET cblr-1765 241 27 time time NOUN cblr-1765 241 28 of of ADP cblr-1765 241 29 the the DET cblr-1765 241 30 chapter chapter NOUN cblr-1765 241 31 15 15 NUM cblr-1765 241 32 petition.50 petition.50 PROPN cblr-1765 241 33 rather rather ADV cblr-1765 241 34 , , PUNCT cblr-1765 241 35 “ " PUNCT cblr-1765 241 36 [ [ X cblr-1765 241 37 t]he t]he ADV cblr-1765 241 38 substantive substantive ADJ cblr-1765 241 39 date date NOUN cblr-1765 241 40 for for ADP cblr-1765 241 41 the the DET cblr-1765 241 42 determination determination NOUN cblr-1765 241 43 of of ADP cblr-1765 241 44 the the DET cblr-1765 241 45 comi comi NOUN cblr-1765 241 46 issue issue NOUN cblr-1765 241 47 is be AUX cblr-1765 241 48 at at ADP cblr-1765 241 49 the the DET cblr-1765 241 50 date date NOUN cblr-1765 241 51 of of ADP cblr-1765 241 52 the the DET cblr-1765 241 53 opening opening NOUN cblr-1765 241 54 of of ADP cblr-1765 241 55 the the DET cblr-1765 241 56 foreign foreign ADJ cblr-1765 241 57 proceeding proceeding NOUN cblr-1765 241 58 for for ADP cblr-1765 241 59 which which DET cblr-1765 241 60 recognition recognition NOUN cblr-1765 241 61 is be AUX cblr-1765 241 62 sought seek VERB cblr-1765 241 63 . . PUNCT cblr-1765 242 1 ”51 ”51 PROPN cblr-1765 242 2 in in ADP cblr-1765 242 3 reaching reach VERB cblr-1765 242 4 this this DET cblr-1765 242 5 conclusion conclusion NOUN cblr-1765 242 6 , , PUNCT cblr-1765 242 7 the the DET cblr-1765 242 8 court court NOUN cblr-1765 242 9 emphasized emphasize VERB cblr-1765 242 10 the the DET cblr-1765 242 11 statutory statutory ADJ cblr-1765 242 12 text text NOUN cblr-1765 242 13 , , PUNCT cblr-1765 242 14 international international ADJ cblr-1765 242 15 law law NOUN cblr-1765 242 16 , , PUNCT cblr-1765 242 17 practical practical ADJ cblr-1765 242 18 considerations consideration NOUN cblr-1765 242 19 , , PUNCT cblr-1765 242 20 and and CCONJ cblr-1765 242 21 the the DET cblr-1765 242 22 “ " PUNCT cblr-1765 242 23 principal principal ADJ cblr-1765 242 24 place place NOUN cblr-1765 242 25 of of ADP cblr-1765 242 26 business business NOUN cblr-1765 242 27 . . PUNCT cblr-1765 242 28 ” " PUNCT cblr-1765 243 1 the the DET cblr-1765 243 2 court court NOUN cblr-1765 243 3 stated state VERB cblr-1765 243 4 that that SCONJ cblr-1765 243 5 , , PUNCT cblr-1765 243 6 “ " PUNCT cblr-1765 243 7 [ [ X cblr-1765 243 8 n]otwithstanding n]otwithstande VERB cblr-1765 243 9 the the DET cblr-1765 243 10 authority authority NOUN cblr-1765 243 11 in in ADP cblr-1765 243 12 support support NOUN cblr-1765 243 13 of of ADP cblr-1765 243 14 using use VERB cblr-1765 243 15 the the DET cblr-1765 243 16 chapter chapter NOUN cblr-1765 243 17 15 15 NUM cblr-1765 243 18 filing filing NOUN cblr-1765 243 19 date date NOUN cblr-1765 243 20 as as ADP cblr-1765 243 21 the the DET cblr-1765 243 22 date date NOUN cblr-1765 243 23 for for ADP cblr-1765 243 24 making make VERB cblr-1765 243 25 a a DET cblr-1765 243 26 comi comi NOUN cblr-1765 243 27 determination determination NOUN cblr-1765 243 28 , , PUNCT cblr-1765 243 29 use use NOUN cblr-1765 243 30 of of ADP cblr-1765 243 31 the the DET cblr-1765 243 32 chapter chapter NOUN cblr-1765 243 33 15 15 NUM cblr-1765 243 34 petition petition NOUN cblr-1765 243 35 date date NOUN cblr-1765 243 36 is be AUX cblr-1765 243 37 not not PART cblr-1765 243 38 required require VERB cblr-1765 243 39 by by ADP cblr-1765 243 40 the the DET cblr-1765 243 41 ‘ ' PUNCT cblr-1765 243 42 plain plain ADJ cblr-1765 243 43 words word NOUN cblr-1765 243 44 ’ ' PUNCT cblr-1765 243 45 of of ADP cblr-1765 243 46 the the DET cblr-1765 243 47 discovery discovery NOUN cblr-1765 243 48 related relate VERB cblr-1765 243 49 to to ADP cblr-1765 243 50 potential potential ADJ cblr-1765 243 51 causes cause NOUN cblr-1765 243 52 of of ADP cblr-1765 243 53 action action NOUN cblr-1765 243 54 against against ADP cblr-1765 243 55 parties party NOUN cblr-1765 243 56 in in ADP cblr-1765 243 57 the the DET cblr-1765 243 58 united united PROPN cblr-1765 243 59 states states PROPN cblr-1765 243 60 , , PUNCT cblr-1765 243 61 and and CCONJ cblr-1765 243 62 ultimately ultimately ADV cblr-1765 243 63 provide provide VERB cblr-1765 243 64 for for ADP cblr-1765 243 65 a a DET cblr-1765 243 66 distribution distribution NOUN cblr-1765 243 67 of of ADP cblr-1765 243 68 recovered recovered ADJ cblr-1765 243 69 property property NOUN cblr-1765 243 70 to to ADP cblr-1765 243 71 creditors creditor NOUN cblr-1765 243 72 . . PUNCT cblr-1765 243 73 ” " PUNCT cblr-1765 243 74 ) ) PUNCT cblr-1765 243 75 . . PUNCT cblr-1765 244 1 objectant objectant PROPN cblr-1765 244 2 bcp bcp PROPN cblr-1765 244 3 securities security NOUN cblr-1765 244 4 was be AUX cblr-1765 244 5 designated designate VERB cblr-1765 244 6 by by ADP cblr-1765 244 7 liquidators liquidator NOUN cblr-1765 244 8 as as ADP cblr-1765 244 9 a a DET cblr-1765 244 10 target target NOUN cblr-1765 244 11 of of ADP cblr-1765 244 12 their their PRON cblr-1765 244 13 investigation investigation NOUN cblr-1765 244 14 . . PUNCT cblr-1765 245 1 i i PRON cblr-1765 245 2 d. d. PROPN cblr-1765 245 3 at at ADP cblr-1765 245 4 68 68 NUM cblr-1765 245 5 . . PUNCT cblr-1765 246 1 47 47 NUM cblr-1765 247 1 i i PRON cblr-1765 247 2 d. d. PROPN cblr-1765 247 3 at at ADP cblr-1765 247 4 69 69 NUM cblr-1765 247 5 ( ( PUNCT cblr-1765 247 6 “ " PUNCT cblr-1765 247 7 bcp bcp PROPN cblr-1765 247 8 contends contend VERB cblr-1765 247 9 that that SCONJ cblr-1765 247 10 the the DET cblr-1765 247 11 bermuda bermuda PROPN cblr-1765 247 12 liquidation liquidation NOUN cblr-1765 247 13 proceedings proceeding NOUN cblr-1765 247 14 . . PUNCT cblr-1765 247 15 . . PUNCT cblr-1765 248 1 . . PUNCT cblr-1765 249 1 are be AUX cblr-1765 249 2 not not PART cblr-1765 249 3 entitled entitle VERB cblr-1765 249 4 to to PART cblr-1765 249 5 recognition recognition VERB cblr-1765 249 6 as as ADP cblr-1765 249 7 either either CCONJ cblr-1765 249 8 main main ADJ cblr-1765 249 9 or or CCONJ cblr-1765 249 10 nonmain nonmain ADJ cblr-1765 249 11 proceedings proceeding NOUN cblr-1765 249 12 because because SCONJ cblr-1765 249 13 bermuda bermuda NOUN cblr-1765 249 14 is be AUX cblr-1765 249 15 not not PART cblr-1765 249 16 the the DET cblr-1765 249 17 ‘ ' PUNCT cblr-1765 249 18 center center NOUN cblr-1765 249 19 of of ADP cblr-1765 249 20 main main ADJ cblr-1765 249 21 interests interest NOUN cblr-1765 249 22 ’ ' PUNCT cblr-1765 249 23 . . PUNCT cblr-1765 249 24 . . PUNCT cblr-1765 249 25 . . PUNCT cblr-1765 249 26 . . PUNCT cblr-1765 249 27 ” " PUNCT cblr-1765 249 28 ) ) PUNCT cblr-1765 249 29 . . PUNCT cblr-1765 250 1 48 48 NUM cblr-1765 251 1 i i PRON cblr-1765 251 2 d. d. PROPN cblr-1765 251 3 at at ADP cblr-1765 251 4 68 68 NUM cblr-1765 251 5 . . PUNCT cblr-1765 251 6 49 49 NUM cblr-1765 252 1 i i PRON cblr-1765 252 2 d. d. PROPN cblr-1765 252 3 at at ADP cblr-1765 252 4 71–75 71–75 PROPN cblr-1765 252 5 . . PROPN cblr-1765 253 1 50 50 NUM cblr-1765 254 1 i i PRON cblr-1765 254 2 d. d. NOUN cblr-1765 254 3 at at ADP cblr-1765 254 4 72 72 NUM cblr-1765 254 5 . . PUNCT cblr-1765 255 1 51 51 NUM cblr-1765 256 1 i i PROPN cblr-1765 256 2 d. d. PROPN cblr-1765 256 3 hallock hallock PROPN cblr-1765 256 4 – – PUNCT cblr-1765 256 5 final final ADJ cblr-1765 256 6 no no NOUN cblr-1765 256 7 . . PUNCT cblr-1765 257 1 3:1074 3:1074 NUM cblr-1765 257 2 ] ] PUNCT cblr-1765 257 3 time time NOUN cblr-1765 257 4 out out ADP cblr-1765 257 5 1091 1091 NUM cblr-1765 257 6 statute statute NOUN cblr-1765 257 7 and and CCONJ cblr-1765 257 8 produces produce VERB cblr-1765 257 9 a a DET cblr-1765 257 10 result result NOUN cblr-1765 257 11 wholly wholly ADV cblr-1765 257 12 inconsistent inconsistent ADJ cblr-1765 257 13 therewith therewith NOUN cblr-1765 257 14 . . PUNCT cblr-1765 258 1 ”52 ”52 PUNCT cblr-1765 258 2 while while SCONJ cblr-1765 258 3 § § PROPN cblr-1765 258 4 1502 1502 NUM cblr-1765 258 5 is be AUX cblr-1765 258 6 written write VERB cblr-1765 258 7 in in ADP cblr-1765 258 8 the the DET cblr-1765 258 9 present present ADJ cblr-1765 258 10 tense tense NOUN cblr-1765 258 11 — — PUNCT cblr-1765 258 12 “ " PUNCT cblr-1765 258 13 a a DET cblr-1765 258 14 foreign foreign ADJ cblr-1765 258 15 proceeding proceeding NOUN cblr-1765 258 16 pending pende VERB cblr-1765 258 17 in in ADP cblr-1765 258 18 the the DET cblr-1765 258 19 country country NOUN cblr-1765 258 20 where where SCONJ cblr-1765 258 21 the the DET cblr-1765 258 22 debtor debtor NOUN cblr-1765 258 23 has have VERB cblr-1765 258 24 the the DET cblr-1765 258 25 center center NOUN cblr-1765 258 26 of of ADP cblr-1765 258 27 its its PRON cblr-1765 258 28 main main ADJ cblr-1765 258 29 interests”—the interests”—the PRON cblr-1765 258 30 millennium millennium NOUN cblr-1765 258 31 global global ADJ cblr-1765 258 32 court court NOUN cblr-1765 258 33 found find VERB cblr-1765 258 34 that that SCONJ cblr-1765 258 35 it it PRON cblr-1765 258 36 referred refer VERB cblr-1765 258 37 to to ADP cblr-1765 258 38 the the DET cblr-1765 258 39 date date NOUN cblr-1765 258 40 of of ADP cblr-1765 258 41 the the DET cblr-1765 258 42 commencement commencement NOUN cblr-1765 258 43 of of ADP cblr-1765 258 44 the the DET cblr-1765 258 45 foreign foreign ADJ cblr-1765 258 46 proceeding proceeding NOUN cblr-1765 258 47 rather rather ADV cblr-1765 258 48 than than ADP cblr-1765 258 49 the the DET cblr-1765 258 50 chapter chapter NOUN cblr-1765 258 51 15 15 NUM cblr-1765 258 52 proceeding.53 proceeding.53 NOUN cblr-1765 258 53 after after ADV cblr-1765 258 54 all all ADV cblr-1765 258 55 , , PUNCT cblr-1765 258 56 the the DET cblr-1765 258 57 chapter chapter NOUN cblr-1765 258 58 15 15 NUM cblr-1765 258 59 proceeding proceeding NOUN cblr-1765 258 60 is be AUX cblr-1765 258 61 merely merely ADV cblr-1765 258 62 ancillary ancillary ADJ cblr-1765 258 63 to to ADP cblr-1765 258 64 the the DET cblr-1765 258 65 foreign foreign ADJ cblr-1765 258 66 proceeding proceeding NOUN cblr-1765 258 67 and and CCONJ cblr-1765 258 68 the the DET cblr-1765 258 69 petition petition NOUN cblr-1765 258 70 for for ADP cblr-1765 258 71 recognition recognition NOUN cblr-1765 258 72 is be AUX cblr-1765 258 73 a a DET cblr-1765 258 74 “ " PUNCT cblr-1765 258 75 matter matter NOUN cblr-1765 258 76 of of ADP cblr-1765 258 77 happenstance happenstance NOUN cblr-1765 258 78 . . PUNCT cblr-1765 259 1 ”54 ”54 VERB cblr-1765 260 1 according accord VERB cblr-1765 260 2 to to ADP cblr-1765 260 3 the the DET cblr-1765 260 4 court court NOUN cblr-1765 260 5 ’s ’s PART cblr-1765 260 6 interpretation interpretation NOUN cblr-1765 260 7 , , PUNCT cblr-1765 260 8 it it PRON cblr-1765 260 9 is be AUX cblr-1765 260 10 more more ADV cblr-1765 260 11 logical logical ADJ cblr-1765 260 12 that that SCONJ cblr-1765 260 13 § § PROPN cblr-1765 260 14 1502 1502 NUM cblr-1765 260 15 lodges lodge NOUN cblr-1765 260 16 comi comi NOUN cblr-1765 260 17 in in ADP cblr-1765 260 18 the the DET cblr-1765 260 19 commencement commencement NOUN cblr-1765 260 20 of of ADP cblr-1765 260 21 the the DET cblr-1765 260 22 underlying underlie VERB cblr-1765 260 23 proceeding proceeding NOUN cblr-1765 260 24 at at ADP cblr-1765 260 25 the the DET cblr-1765 260 26 heart heart NOUN cblr-1765 260 27 of of ADP cblr-1765 260 28 the the DET cblr-1765 260 29 liquidation liquidation NOUN cblr-1765 260 30 than than ADP cblr-1765 260 31 the the DET cblr-1765 260 32 somewhat somewhat ADV cblr-1765 260 33 arbitrary arbitrary ADJ cblr-1765 260 34 filing filing NOUN cblr-1765 260 35 of of ADP cblr-1765 260 36 the the DET cblr-1765 260 37 chapter chapter NOUN cblr-1765 260 38 15 15 NUM cblr-1765 260 39 petition.55 petition.55 NOUN cblr-1765 260 40 52 52 NUM cblr-1765 260 41 i i PROPN cblr-1765 260 42 d. d. PROPN cblr-1765 260 43 as as SCONJ cblr-1765 260 44 emphasized emphasize VERB cblr-1765 260 45 in in ADP cblr-1765 260 46 the the DET cblr-1765 260 47 second second ADJ cblr-1765 260 48 circuit circuit NOUN cblr-1765 260 49 ’s ’s PART cblr-1765 260 50 opinion opinion NOUN cblr-1765 260 51 in in ADP cblr-1765 260 52 in in ADP cblr-1765 260 53 re re PROPN cblr-1765 260 54 fairfield fairfield PROPN cblr-1765 260 55 sentry sentry PROPN cblr-1765 260 56 , , PUNCT cblr-1765 260 57 a a DET cblr-1765 260 58 number number NOUN cblr-1765 260 59 of of ADP cblr-1765 260 60 courts court NOUN cblr-1765 260 61 have have AUX cblr-1765 260 62 emphasized emphasize VERB cblr-1765 260 63 the the DET cblr-1765 260 64 present present ADJ cblr-1765 260 65 tense tense NOUN cblr-1765 260 66 of of ADP cblr-1765 260 67 section section NOUN cblr-1765 260 68 1502 1502 NUM cblr-1765 260 69 as as ADP cblr-1765 260 70 support support NOUN cblr-1765 260 71 for for ADP cblr-1765 260 72 adopting adopt VERB cblr-1765 260 73 the the DET cblr-1765 260 74 date date NOUN cblr-1765 260 75 of of ADP cblr-1765 260 76 the the DET cblr-1765 260 77 chapter chapter NOUN cblr-1765 260 78 15 15 NUM cblr-1765 260 79 petition petition NOUN cblr-1765 260 80 for for ADP cblr-1765 260 81 comi comi NOUN cblr-1765 260 82 determinations determination NOUN cblr-1765 260 83 . . PUNCT cblr-1765 261 1 see see VERB cblr-1765 261 2 in in ADP cblr-1765 261 3 re re PROPN cblr-1765 261 4 fairfield fairfield PROPN cblr-1765 261 5 sentry sentry PROPN cblr-1765 261 6 ltd ltd PROPN cblr-1765 261 7 . . PROPN cblr-1765 261 8 , , PUNCT cblr-1765 261 9 714 714 NUM cblr-1765 261 10 f.3d f.3d NUM cblr-1765 261 11 127 127 NUM cblr-1765 261 12 , , PUNCT cblr-1765 261 13 133 133 NUM cblr-1765 261 14 ( ( PUNCT cblr-1765 261 15 2d 2d NUM cblr-1765 261 16 cir cir NOUN cblr-1765 261 17 . . PUNCT cblr-1765 261 18 2013 2013 NUM cblr-1765 261 19 ) ) PUNCT cblr-1765 261 20 . . PUNCT cblr-1765 262 1 53 53 NUM cblr-1765 262 2 11 11 NUM cblr-1765 262 3 u.s.c u.s.c NOUN cblr-1765 262 4 . . PUNCT cblr-1765 263 1 § § PROPN cblr-1765 263 2 1502 1502 NUM cblr-1765 263 3 ( ( PUNCT cblr-1765 263 4 2012 2012 NUM cblr-1765 263 5 ) ) PUNCT cblr-1765 263 6 ; ; PUNCT cblr-1765 263 7 in in ADP cblr-1765 263 8 re re NOUN cblr-1765 263 9 millennium millennium NOUN cblr-1765 263 10 global global ADJ cblr-1765 263 11 , , PUNCT cblr-1765 263 12 458 458 NUM cblr-1765 263 13 b.r b.r PROPN cblr-1765 263 14 . . PROPN cblr-1765 263 15 at at ADP cblr-1765 263 16 72 72 NUM cblr-1765 263 17 ( ( PUNCT cblr-1765 263 18 “ " PUNCT cblr-1765 263 19 starting start VERB cblr-1765 263 20 with with ADP cblr-1765 263 21 the the DET cblr-1765 263 22 words word NOUN cblr-1765 263 23 of of ADP cblr-1765 263 24 the the DET cblr-1765 263 25 statute statute NOUN cblr-1765 263 26 , , PUNCT cblr-1765 263 27 the the DET cblr-1765 263 28 cases case NOUN cblr-1765 263 29 stress stress VERB cblr-1765 263 30 that that SCONJ cblr-1765 263 31 § § PROPN cblr-1765 263 32 1502 1502 NUM cblr-1765 263 33 speaks speak VERB cblr-1765 263 34 in in ADP cblr-1765 263 35 the the DET cblr-1765 263 36 present present ADJ cblr-1765 263 37 tense tense NOUN cblr-1765 263 38 , , PUNCT cblr-1765 263 39 as as SCONJ cblr-1765 263 40 it it PRON cblr-1765 263 41 does do VERB cblr-1765 263 42 . . PUNCT cblr-1765 263 43 . . PUNCT cblr-1765 263 44 . . PUNCT cblr-1765 263 45 . . PUNCT cblr-1765 264 1 however however ADV cblr-1765 264 2 , , PUNCT cblr-1765 264 3 the the DET cblr-1765 264 4 courts court NOUN cblr-1765 264 5 do do AUX cblr-1765 264 6 not not PART cblr-1765 264 7 explain explain VERB cblr-1765 264 8 why why SCONJ cblr-1765 264 9 they they PRON cblr-1765 264 10 assume assume VERB cblr-1765 264 11 that that SCONJ cblr-1765 264 12 the the DET cblr-1765 264 13 statute statute NOUN cblr-1765 264 14 refers refer VERB cblr-1765 264 15 to to ADP cblr-1765 264 16 the the DET cblr-1765 264 17 filing filing NOUN cblr-1765 264 18 of of ADP cblr-1765 264 19 the the DET cblr-1765 264 20 chapter chapter NOUN cblr-1765 264 21 15 15 NUM cblr-1765 264 22 petition petition NOUN cblr-1765 264 23 rather rather ADV cblr-1765 264 24 than than ADP cblr-1765 264 25 the the DET cblr-1765 264 26 filing filing NOUN cblr-1765 264 27 of of ADP cblr-1765 264 28 the the DET cblr-1765 264 29 petition petition NOUN cblr-1765 264 30 in in ADP cblr-1765 264 31 the the DET cblr-1765 264 32 case case NOUN cblr-1765 264 33 for for SCONJ cblr-1765 264 34 which which DET cblr-1765 264 35 recognition recognition NOUN cblr-1765 264 36 is be AUX cblr-1765 264 37 sought seek VERB cblr-1765 264 38 . . PUNCT cblr-1765 265 1 in in ADP cblr-1765 265 2 a a DET cblr-1765 265 3 chapter chapter NOUN cblr-1765 265 4 15 15 NUM cblr-1765 265 5 filing filing NOUN cblr-1765 265 6 , , PUNCT cblr-1765 265 7 the the DET cblr-1765 265 8 u.s u.s PROPN cblr-1765 265 9 . . PROPN cblr-1765 265 10 case case NOUN cblr-1765 265 11 is be AUX cblr-1765 265 12 ancillary ancillary ADJ cblr-1765 265 13 or or CCONJ cblr-1765 265 14 secondary secondary ADJ cblr-1765 265 15 to to ADP cblr-1765 265 16 the the DET cblr-1765 265 17 foreign foreign ADJ cblr-1765 265 18 proceeding proceeding NOUN cblr-1765 265 19 . . PUNCT cblr-1765 265 20 ” " PUNCT cblr-1765 265 21 ) ) PUNCT cblr-1765 265 22 . . PUNCT cblr-1765 266 1 54 54 NUM cblr-1765 266 2 in in ADP cblr-1765 266 3 re re PROPN cblr-1765 266 4 millennium millennium NOUN cblr-1765 266 5 global global ADJ cblr-1765 266 6 , , PUNCT cblr-1765 266 7 458 458 NUM cblr-1765 266 8 b.r b.r PROPN cblr-1765 266 9 . . PROPN cblr-1765 266 10 at at ADP cblr-1765 266 11 72 72 NUM cblr-1765 266 12 ( ( PUNCT cblr-1765 266 13 “ " PUNCT cblr-1765 266 14 the the DET cblr-1765 266 15 date date NOUN cblr-1765 266 16 of of ADP cblr-1765 266 17 the the DET cblr-1765 266 18 petition petition NOUN cblr-1765 266 19 for for ADP cblr-1765 266 20 recognition recognition NOUN cblr-1765 266 21 is be AUX cblr-1765 266 22 a a DET cblr-1765 266 23 matter matter NOUN cblr-1765 266 24 of of ADP cblr-1765 266 25 happenstance happenstance NOUN cblr-1765 266 26 ; ; PUNCT cblr-1765 266 27 in in ADP cblr-1765 266 28 this this DET cblr-1765 266 29 case case NOUN cblr-1765 266 30 , , PUNCT cblr-1765 266 31 for for ADP cblr-1765 266 32 example example NOUN cblr-1765 266 33 , , PUNCT cblr-1765 266 34 the the DET cblr-1765 266 35 chapter chapter NOUN cblr-1765 266 36 15 15 NUM cblr-1765 266 37 filing filing NOUN cblr-1765 266 38 took take VERB cblr-1765 266 39 place place NOUN cblr-1765 266 40 three three NUM cblr-1765 266 41 years year NOUN cblr-1765 266 42 after after ADP cblr-1765 266 43 the the DET cblr-1765 266 44 filing filing NOUN cblr-1765 266 45 of of ADP cblr-1765 266 46 the the DET cblr-1765 266 47 liquidation liquidation NOUN cblr-1765 266 48 in in ADP cblr-1765 266 49 bermuda bermuda PROPN cblr-1765 266 50 , , PUNCT cblr-1765 266 51 apparently apparently ADV cblr-1765 266 52 occasioned occasion VERB cblr-1765 266 53 by by ADP cblr-1765 266 54 the the DET cblr-1765 266 55 possible possible ADJ cblr-1765 266 56 passage passage NOUN cblr-1765 266 57 of of ADP cblr-1765 266 58 one one NUM cblr-1765 266 59 or or CCONJ cblr-1765 266 60 more more ADJ cblr-1765 266 61 statutes statute NOUN cblr-1765 266 62 of of ADP cblr-1765 266 63 limitation limitation NOUN cblr-1765 266 64 on on ADP cblr-1765 266 65 causes cause NOUN cblr-1765 266 66 of of ADP cblr-1765 266 67 action action NOUN cblr-1765 266 68 of of ADP cblr-1765 266 69 the the DET cblr-1765 266 70 estates estate NOUN cblr-1765 266 71 . . PUNCT cblr-1765 266 72 ” " PUNCT cblr-1765 266 73 ) ) PUNCT cblr-1765 266 74 . . PUNCT cblr-1765 267 1 55 55 NUM cblr-1765 267 2 the the DET cblr-1765 267 3 court court NOUN cblr-1765 267 4 also also ADV cblr-1765 267 5 justified justify VERB cblr-1765 267 6 its its PRON cblr-1765 267 7 decision decision NOUN cblr-1765 267 8 by by ADP cblr-1765 267 9 reference reference NOUN cblr-1765 267 10 to to ADP cblr-1765 267 11 international international ADJ cblr-1765 267 12 law law NOUN cblr-1765 267 13 underlying underlie VERB cblr-1765 267 14 chapter chapter NOUN cblr-1765 267 15 15 15 NUM cblr-1765 267 16 . . PUNCT cblr-1765 268 1 i i PRON cblr-1765 268 2 d. d. PROPN cblr-1765 268 3 at at ADP cblr-1765 268 4 73–74 73–74 PROPN cblr-1765 268 5 ( ( PUNCT cblr-1765 268 6 “ " PUNCT cblr-1765 268 7 [ [ X cblr-1765 268 8 t]he t]he ADJ cblr-1765 268 9 model model NOUN cblr-1765 268 10 law law NOUN cblr-1765 268 11 from from ADP cblr-1765 268 12 the the DET cblr-1765 268 13 european european ADJ cblr-1765 268 14 insolvency insolvency NOUN cblr-1765 268 15 regulation regulation NOUN cblr-1765 268 16 ( ( PUNCT cblr-1765 268 17 ‘ ' PUNCT cblr-1765 268 18 eu eu X cblr-1765 268 19 regulation regulation NOUN cblr-1765 268 20 ’ ' PUNCT cblr-1765 268 21 ) ) PUNCT cblr-1765 269 1 [ [ X cblr-1765 269 2 which which DET cblr-1765 269 3 chapter chapter NOUN cblr-1765 269 4 15 15 NUM cblr-1765 269 5 is be AUX cblr-1765 269 6 in in ADP cblr-1765 269 7 part part NOUN cblr-1765 269 8 based base VERB cblr-1765 269 9 upon upon SCONJ cblr-1765 269 10 ] ] PUNCT cblr-1765 269 11 . . PUNCT cblr-1765 269 12 . . PUNCT cblr-1765 270 1 . . PUNCT cblr-1765 271 1 does do AUX cblr-1765 271 2 not not PART cblr-1765 271 3 contemplate contemplate VERB cblr-1765 271 4 the the DET cblr-1765 271 5 commencement commencement NOUN cblr-1765 271 6 of of ADP cblr-1765 271 7 a a DET cblr-1765 271 8 separate separate ADJ cblr-1765 271 9 ancillary ancillary ADJ cblr-1765 271 10 proceeding proceeding NOUN cblr-1765 271 11 to to PART cblr-1765 271 12 seek seek VERB cblr-1765 271 13 recognition recognition NOUN cblr-1765 271 14 of of ADP cblr-1765 271 15 a a DET cblr-1765 271 16 foreign foreign ADJ cblr-1765 271 17 insolvency insolvency NOUN cblr-1765 271 18 case case NOUN cblr-1765 271 19 , , PUNCT cblr-1765 271 20 as as ADP cblr-1765 271 21 in in ADP cblr-1765 271 22 the the DET cblr-1765 271 23 model model NOUN cblr-1765 271 24 law law NOUN cblr-1765 271 25 and and CCONJ cblr-1765 271 26 chapter chapter NOUN cblr-1765 271 27 15 15 NUM cblr-1765 271 28 , , PUNCT cblr-1765 271 29 as as SCONJ cblr-1765 271 30 the the DET cblr-1765 271 31 members member NOUN cblr-1765 271 32 of of ADP cblr-1765 271 33 the the DET cblr-1765 271 34 union union NOUN cblr-1765 271 35 are be AUX cblr-1765 271 36 automatically automatically ADV cblr-1765 271 37 required require VERB cblr-1765 271 38 to to PART cblr-1765 271 39 recognize recognize VERB cblr-1765 271 40 foreign foreign ADJ cblr-1765 271 41 proceedings proceeding NOUN cblr-1765 271 42 from from ADP cblr-1765 271 43 the the DET cblr-1765 271 44 date date NOUN cblr-1765 271 45 of of ADP cblr-1765 271 46 their their PRON cblr-1765 271 47 opening opening NOUN cblr-1765 271 48 . . PUNCT cblr-1765 272 1 the the DET cblr-1765 272 2 date date NOUN cblr-1765 272 3 of of ADP cblr-1765 272 4 the the DET cblr-1765 272 5 opening opening NOUN cblr-1765 272 6 of of ADP cblr-1765 272 7 initial initial ADJ cblr-1765 272 8 insolvency insolvency NOUN cblr-1765 272 9 proceeding proceeding NOUN cblr-1765 272 10 is be AUX cblr-1765 272 11 the the DET cblr-1765 272 12 only only ADJ cblr-1765 272 13 date date NOUN cblr-1765 272 14 that that PRON cblr-1765 272 15 the the DET cblr-1765 272 16 original original ADJ cblr-1765 272 17 drafters drafter NOUN cblr-1765 272 18 of of ADP cblr-1765 272 19 the the DET cblr-1765 272 20 term term NOUN cblr-1765 272 21 for for ADP cblr-1765 272 22 the the DET cblr-1765 272 23 eu eu PROPN cblr-1765 272 24 regulation regulation NOUN cblr-1765 272 25 could could AUX cblr-1765 272 26 have have AUX cblr-1765 272 27 contemplated contemplate VERB cblr-1765 272 28 . . PUNCT cblr-1765 272 29 ” " PUNCT cblr-1765 272 30 ) ) PUNCT cblr-1765 272 31 . . PUNCT cblr-1765 273 1 hallock hallock NOUN cblr-1765 273 2 – – PUNCT cblr-1765 273 3 final final ADJ cblr-1765 273 4 1092 1092 NUM cblr-1765 273 5 columbia columbia PROPN cblr-1765 273 6 business business NOUN cblr-1765 273 7 law law PROPN cblr-1765 273 8 review review NOUN cblr-1765 273 9 [ [ X cblr-1765 273 10 vol vol NOUN cblr-1765 273 11 . . NOUN cblr-1765 273 12 2015 2015 NUM cblr-1765 273 13 however however ADV cblr-1765 273 14 , , PUNCT cblr-1765 273 15 the the DET cblr-1765 273 16 foremost foremost ADJ cblr-1765 273 17 reason reason NOUN cblr-1765 273 18 behind behind ADP cblr-1765 273 19 the the DET cblr-1765 273 20 millennium millennium NOUN cblr-1765 273 21 global global PROPN cblr-1765 273 22 court court PROPN cblr-1765 273 23 ’s ’s PART cblr-1765 273 24 rejection rejection NOUN cblr-1765 273 25 of of ADP cblr-1765 273 26 the the DET cblr-1765 273 27 majority majority NOUN cblr-1765 273 28 approach approach NOUN cblr-1765 273 29 was be AUX cblr-1765 273 30 its its PRON cblr-1765 273 31 equation equation NOUN cblr-1765 273 32 of of ADP cblr-1765 273 33 “ " PUNCT cblr-1765 273 34 center center NOUN cblr-1765 273 35 of of ADP cblr-1765 273 36 main main ADJ cblr-1765 273 37 interests interest NOUN cblr-1765 273 38 ” " PUNCT cblr-1765 273 39 with with ADP cblr-1765 273 40 “ " PUNCT cblr-1765 273 41 principal principal ADJ cblr-1765 273 42 place place NOUN cblr-1765 273 43 of of ADP cblr-1765 273 44 business business NOUN cblr-1765 273 45 . . PUNCT cblr-1765 274 1 ”56 ”56 PUNCT cblr-1765 274 2 citing cite VERB cblr-1765 274 3 former former ADJ cblr-1765 274 4 § § PROPN cblr-1765 274 5 304 304 NUM cblr-1765 274 6 and and CCONJ cblr-1765 274 7 case case NOUN cblr-1765 274 8 law law NOUN cblr-1765 274 9 , , PUNCT cblr-1765 274 10 the the DET cblr-1765 274 11 court court NOUN cblr-1765 274 12 found find VERB cblr-1765 274 13 that that SCONJ cblr-1765 274 14 comi comi NOUN cblr-1765 274 15 and and CCONJ cblr-1765 274 16 principal principal ADJ cblr-1765 274 17 place place NOUN cblr-1765 274 18 of of ADP cblr-1765 274 19 business business NOUN cblr-1765 274 20 may may AUX cblr-1765 274 21 be be AUX cblr-1765 274 22 used use VERB cblr-1765 274 23 interchangeably.57 interchangeably.57 SCONJ cblr-1765 274 24 this this DET cblr-1765 274 25 substitution substitution NOUN cblr-1765 274 26 is be AUX cblr-1765 274 27 significant significant ADJ cblr-1765 274 28 , , PUNCT cblr-1765 274 29 because because SCONJ cblr-1765 274 30 once once ADV cblr-1765 274 31 a a DET cblr-1765 274 32 debtor debtor NOUN cblr-1765 274 33 enters enter VERB cblr-1765 274 34 liquidation liquidation NOUN cblr-1765 274 35 and and CCONJ cblr-1765 274 36 stops stop VERB cblr-1765 274 37 operating operate VERB cblr-1765 274 38 , , PUNCT cblr-1765 274 39 by by ADP cblr-1765 274 40 definition definition NOUN cblr-1765 274 41 , , PUNCT cblr-1765 274 42 it it PRON cblr-1765 274 43 no no ADV cblr-1765 274 44 longer long ADV cblr-1765 274 45 has have VERB cblr-1765 274 46 a a DET cblr-1765 274 47 place place NOUN cblr-1765 274 48 of of ADP cblr-1765 274 49 business.58 business.58 NOUN cblr-1765 274 50 if if SCONJ cblr-1765 274 51 a a DET cblr-1765 274 52 business business NOUN cblr-1765 274 53 no no ADV cblr-1765 274 54 longer long ADV cblr-1765 274 55 possesses possess VERB cblr-1765 274 56 a a DET cblr-1765 274 57 principal principal ADJ cblr-1765 274 58 place place NOUN cblr-1765 274 59 of of ADP cblr-1765 274 60 business business NOUN cblr-1765 274 61 once once SCONJ cblr-1765 274 62 it it PRON cblr-1765 274 63 stops stop VERB cblr-1765 274 64 operating operate VERB cblr-1765 274 65 — — PUNCT cblr-1765 274 66 at at ADP cblr-1765 274 67 the the DET cblr-1765 274 68 moment moment NOUN cblr-1765 274 69 of of ADP cblr-1765 274 70 liquidation liquidation NOUN cblr-1765 274 71 — — PUNCT cblr-1765 274 72 its its PRON cblr-1765 274 73 principal principal ADJ cblr-1765 274 74 place place NOUN cblr-1765 274 75 of of ADP cblr-1765 274 76 business business NOUN cblr-1765 274 77 and and CCONJ cblr-1765 274 78 , , PUNCT cblr-1765 274 79 accordingly accordingly ADV cblr-1765 274 80 its its PRON cblr-1765 274 81 comi comi NOUN cblr-1765 274 82 , , PUNCT cblr-1765 274 83 is be AUX cblr-1765 274 84 56 56 NUM cblr-1765 274 85 i i PROPN cblr-1765 274 86 d. d. NOUN cblr-1765 274 87 at at ADP cblr-1765 274 88 72 72 NUM cblr-1765 274 89 ( ( PUNCT cblr-1765 274 90 “ " PUNCT cblr-1765 274 91 this this DET cblr-1765 274 92 construction construction NOUN cblr-1765 274 93 is be AUX cblr-1765 274 94 clear clear ADJ cblr-1765 274 95 if if SCONJ cblr-1765 274 96 one one PRON cblr-1765 274 97 simply simply ADV cblr-1765 274 98 translates translate VERB cblr-1765 274 99 the the DET cblr-1765 274 100 arcane arcane ADJ cblr-1765 274 101 term term NOUN cblr-1765 274 102 ‘ ' PUNCT cblr-1765 274 103 center center NOUN cblr-1765 274 104 of of ADP cblr-1765 274 105 main main ADJ cblr-1765 274 106 interests interest NOUN cblr-1765 274 107 ’ ' PUNCT cblr-1765 274 108 into into ADP cblr-1765 274 109 plain plain ADJ cblr-1765 274 110 english english PROPN cblr-1765 274 111 . . PUNCT cblr-1765 274 112 ” " PUNCT cblr-1765 274 113 ) ) PUNCT cblr-1765 274 114 as as SCONJ cblr-1765 274 115 mentioned mention VERB cblr-1765 274 116 supra supra NOUN cblr-1765 274 117 in in ADP cblr-1765 274 118 note note NOUN cblr-1765 274 119 20 20 NUM cblr-1765 274 120 , , PUNCT cblr-1765 274 121 the the DET cblr-1765 274 122 principal principal ADJ cblr-1765 274 123 place place NOUN cblr-1765 274 124 of of ADP cblr-1765 274 125 business business NOUN cblr-1765 274 126 has have AUX cblr-1765 274 127 been be AUX cblr-1765 274 128 used use VERB cblr-1765 274 129 as as ADP cblr-1765 274 130 a a DET cblr-1765 274 131 substantive substantive ADJ cblr-1765 274 132 comi comi NOUN cblr-1765 274 133 test test NOUN cblr-1765 274 134 in in ADP cblr-1765 274 135 place place NOUN cblr-1765 274 136 of of ADP cblr-1765 274 137 the the DET cblr-1765 274 138 most most ADV cblr-1765 274 139 common common ADJ cblr-1765 274 140 totality totality NOUN cblr-1765 274 141 of of ADP cblr-1765 274 142 the the DET cblr-1765 274 143 circumstances circumstance NOUN cblr-1765 274 144 test test VERB cblr-1765 274 145 . . PUNCT cblr-1765 275 1 while while SCONJ cblr-1765 275 2 there there PRON cblr-1765 275 3 may may AUX cblr-1765 275 4 be be AUX cblr-1765 275 5 substantive substantive ADJ cblr-1765 275 6 variance variance NOUN cblr-1765 275 7 between between ADP cblr-1765 275 8 the the DET cblr-1765 275 9 tests test NOUN cblr-1765 275 10 , , PUNCT cblr-1765 275 11 this this DET cblr-1765 275 12 note note NOUN cblr-1765 275 13 will will AUX cblr-1765 275 14 only only ADV cblr-1765 275 15 examine examine VERB cblr-1765 275 16 its its PRON cblr-1765 275 17 effect effect NOUN cblr-1765 275 18 on on ADP cblr-1765 275 19 temporality temporality NOUN cblr-1765 275 20 . . PUNCT cblr-1765 276 1 57 57 NUM cblr-1765 277 1 i i PRON cblr-1765 277 2 d. d. NOUN cblr-1765 277 3 at at ADP cblr-1765 277 4 72–73 72–73 PROPN cblr-1765 277 5 ( ( PUNCT cblr-1765 277 6 “ " PUNCT cblr-1765 277 7 prior prior ADV cblr-1765 277 8 to to ADP cblr-1765 277 9 the the DET cblr-1765 277 10 adoption adoption NOUN cblr-1765 277 11 of of ADP cblr-1765 277 12 chapter chapter NOUN cblr-1765 277 13 15 15 NUM cblr-1765 277 14 , , PUNCT cblr-1765 277 15 the the DET cblr-1765 277 16 bankruptcy bankruptcy NOUN cblr-1765 277 17 code code NOUN cblr-1765 277 18 required require VERB cblr-1765 277 19 the the DET cblr-1765 277 20 court court NOUN cblr-1765 277 21 to to PART cblr-1765 277 22 consider consider VERB cblr-1765 277 23 the the DET cblr-1765 277 24 ‘ ' PUNCT cblr-1765 277 25 principal principal ADJ cblr-1765 277 26 place place NOUN cblr-1765 277 27 of of ADP cblr-1765 277 28 business business NOUN cblr-1765 277 29 ’ ' PUNCT cblr-1765 277 30 or or CCONJ cblr-1765 277 31 ‘ ' PUNCT cblr-1765 277 32 principal principal ADJ cblr-1765 277 33 assets asset NOUN cblr-1765 277 34 ’ ' PUNCT cblr-1765 277 35 of of ADP cblr-1765 277 36 a a DET cblr-1765 277 37 debtor debtor NOUN cblr-1765 277 38 in in ADP cblr-1765 277 39 determining determine VERB cblr-1765 277 40 whether whether SCONJ cblr-1765 277 41 to to PART cblr-1765 277 42 recognize recognize VERB cblr-1765 277 43 a a DET cblr-1765 277 44 foreign foreign ADJ cblr-1765 277 45 proceeding proceeding NOUN cblr-1765 277 46 under under ADP cblr-1765 277 47 § § PROPN cblr-1765 277 48 304 304 NUM cblr-1765 277 49 . . PUNCT cblr-1765 277 50 . . PUNCT cblr-1765 277 51 . . PUNCT cblr-1765 277 52 . . PUNCT cblr-1765 278 1 section section NOUN cblr-1765 278 2 101(23 101(23 NOUN cblr-1765 278 3 ) ) PUNCT cblr-1765 278 4 made make VERB cblr-1765 278 5 it it PRON cblr-1765 278 6 clear clear ADJ cblr-1765 278 7 that that SCONJ cblr-1765 278 8 the the DET cblr-1765 278 9 determination determination NOUN cblr-1765 278 10 as as ADP cblr-1765 278 11 to to ADP cblr-1765 278 12 ‘ ' PUNCT cblr-1765 278 13 principal principal ADJ cblr-1765 278 14 place place NOUN cblr-1765 278 15 of of ADP cblr-1765 278 16 business business NOUN cblr-1765 278 17 ’ ' PUNCT cblr-1765 278 18 was be AUX cblr-1765 278 19 to to PART cblr-1765 278 20 be be AUX cblr-1765 278 21 made make VERB cblr-1765 278 22 as as ADP cblr-1765 278 23 of of ADP cblr-1765 278 24 ‘ ' PUNCT cblr-1765 278 25 the the DET cblr-1765 278 26 commencement commencement NOUN cblr-1765 278 27 of of ADP cblr-1765 278 28 the the DET cblr-1765 278 29 proceeding proceeding NOUN cblr-1765 278 30 , , PUNCT cblr-1765 278 31 ’ ' PUNCT cblr-1765 278 32 i.e. i.e. X cblr-1765 278 33 , , PUNCT cblr-1765 278 34 the the DET cblr-1765 278 35 foreign foreign ADJ cblr-1765 278 36 proceeding proceeding NOUN cblr-1765 278 37 . . PUNCT cblr-1765 278 38 . . PUNCT cblr-1765 278 39 . . PUNCT cblr-1765 278 40 . . PUNCT cblr-1765 279 1 [ [ X cblr-1765 279 2 t]here t]here PROPN cblr-1765 279 3 is be AUX cblr-1765 279 4 no no DET cblr-1765 279 5 indication indication NOUN cblr-1765 279 6 . . PUNCT cblr-1765 279 7 . . PUNCT cblr-1765 279 8 . . PUNCT cblr-1765 280 1 that that PRON cblr-1765 280 2 congress congress PROPN cblr-1765 280 3 intended intend VERB cblr-1765 280 4 to to PART cblr-1765 280 5 change change VERB cblr-1765 280 6 the the DET cblr-1765 280 7 prior prior ADJ cblr-1765 280 8 bankruptcy bankruptcy NOUN cblr-1765 280 9 practice practice NOUN cblr-1765 280 10 of of ADP cblr-1765 280 11 looking look VERB cblr-1765 280 12 to to ADP cblr-1765 280 13 the the DET cblr-1765 280 14 date date NOUN cblr-1765 280 15 on on ADP cblr-1765 280 16 which which PRON cblr-1765 280 17 foreign foreign ADJ cblr-1765 280 18 proceedings proceeding NOUN cblr-1765 280 19 were be AUX cblr-1765 280 20 first first ADV cblr-1765 280 21 commenced commence VERB cblr-1765 280 22 . . PUNCT cblr-1765 280 23 ” " PUNCT cblr-1765 280 24 ) ) PUNCT cblr-1765 280 25 . . PUNCT cblr-1765 281 1 see see VERB cblr-1765 281 2 in in ADP cblr-1765 281 3 re re NOUN cblr-1765 281 4 basis basis NOUN cblr-1765 281 5 yield yield NOUN cblr-1765 281 6 alpha alpha NOUN cblr-1765 281 7 fund fund NOUN cblr-1765 281 8 ( ( PUNCT cblr-1765 281 9 master master PROPN cblr-1765 281 10 ) ) PUNCT cblr-1765 281 11 , , PUNCT cblr-1765 281 12 381 381 NUM cblr-1765 281 13 b.r b.r PROPN cblr-1765 281 14 . . PROPN cblr-1765 281 15 37 37 NUM cblr-1765 281 16 , , PUNCT cblr-1765 281 17 48 48 NUM cblr-1765 281 18 ( ( PUNCT cblr-1765 281 19 bankr bankr PROPN cblr-1765 281 20 . . PUNCT cblr-1765 282 1 s.d.n.y s.d.n.y PROPN cblr-1765 282 2 . . PROPN cblr-1765 282 3 2008 2008 NUM cblr-1765 282 4 ) ) PUNCT cblr-1765 282 5 and and CCONJ cblr-1765 282 6 in in ADP cblr-1765 282 7 re re PROPN cblr-1765 282 8 betcorp betcorp PROPN cblr-1765 282 9 ltd ltd PROPN cblr-1765 282 10 . . PROPN cblr-1765 282 11 , , PUNCT cblr-1765 282 12 400 400 NUM cblr-1765 282 13 b.r b.r PROPN cblr-1765 282 14 . . PROPN cblr-1765 282 15 266 266 NUM cblr-1765 282 16 , , PUNCT cblr-1765 282 17 287–89 287–89 NUM cblr-1765 282 18 ( ( PUNCT cblr-1765 282 19 bankr bankr VERB cblr-1765 282 20 . . PUNCT cblr-1765 283 1 d. d. PROPN cblr-1765 283 2 nev nev PROPN cblr-1765 283 3 . . PROPN cblr-1765 283 4 2009 2009 NUM cblr-1765 283 5 ) ) PUNCT cblr-1765 283 6 for for ADP cblr-1765 283 7 cases case NOUN cblr-1765 283 8 using use VERB cblr-1765 283 9 “ " PUNCT cblr-1765 283 10 principal principal ADJ cblr-1765 283 11 place place NOUN cblr-1765 283 12 of of ADP cblr-1765 283 13 business business NOUN cblr-1765 283 14 ” " PUNCT cblr-1765 283 15 interchangeably interchangeably ADV cblr-1765 283 16 with with ADP cblr-1765 283 17 comi comi NOUN cblr-1765 283 18 . . PUNCT cblr-1765 284 1 58 58 NUM cblr-1765 284 2 while while SCONJ cblr-1765 284 3 this this PRON cblr-1765 284 4 may may AUX cblr-1765 284 5 well well ADV cblr-1765 284 6 be be AUX cblr-1765 284 7 the the DET cblr-1765 284 8 case case NOUN cblr-1765 284 9 for for ADP cblr-1765 284 10 a a DET cblr-1765 284 11 business business NOUN cblr-1765 284 12 entering enter VERB cblr-1765 284 13 liquidation liquidation NOUN cblr-1765 284 14 , , PUNCT cblr-1765 284 15 the the DET cblr-1765 284 16 court court NOUN cblr-1765 284 17 ’s ’s PART cblr-1765 284 18 reasoning reasoning NOUN cblr-1765 284 19 is be AUX cblr-1765 284 20 problematic problematic ADJ cblr-1765 284 21 for for ADP cblr-1765 284 22 reorganization reorganization NOUN cblr-1765 284 23 . . PUNCT cblr-1765 285 1 since since SCONJ cblr-1765 285 2 a a DET cblr-1765 285 3 business business NOUN cblr-1765 285 4 may may AUX cblr-1765 285 5 continue continue VERB cblr-1765 285 6 operating operate VERB cblr-1765 285 7 while while SCONJ cblr-1765 285 8 reorganizing reorganize VERB cblr-1765 285 9 , , PUNCT cblr-1765 285 10 it it PRON cblr-1765 285 11 seemingly seemingly ADV cblr-1765 285 12 maintains maintain VERB cblr-1765 285 13 a a DET cblr-1765 285 14 principal principal ADJ cblr-1765 285 15 place place NOUN cblr-1765 285 16 of of ADP cblr-1765 285 17 business business NOUN cblr-1765 285 18 . . PUNCT cblr-1765 286 1 recognizing recognize VERB cblr-1765 286 2 this this DET cblr-1765 286 3 problem problem NOUN cblr-1765 286 4 , , PUNCT cblr-1765 286 5 the the DET cblr-1765 286 6 millennium millennium NOUN cblr-1765 286 7 global global ADJ cblr-1765 286 8 court court NOUN cblr-1765 286 9 explained explain VERB cblr-1765 286 10 that that SCONJ cblr-1765 286 11 “ " PUNCT cblr-1765 286 12 although although SCONJ cblr-1765 286 13 a a DET cblr-1765 286 14 debtor debtor NOUN cblr-1765 286 15 in in ADP cblr-1765 286 16 reorganization reorganization NOUN cblr-1765 286 17 may may AUX cblr-1765 286 18 continue continue VERB cblr-1765 286 19 to to PART cblr-1765 286 20 have have VERB cblr-1765 286 21 a a DET cblr-1765 286 22 principal principal ADJ cblr-1765 286 23 place place NOUN cblr-1765 286 24 of of ADP cblr-1765 286 25 business business NOUN cblr-1765 286 26 , , PUNCT cblr-1765 286 27 this this PRON cblr-1765 286 28 is be AUX cblr-1765 286 29 the the DET cblr-1765 286 30 place place NOUN cblr-1765 286 31 of of ADP cblr-1765 286 32 business business NOUN cblr-1765 286 33 of of ADP cblr-1765 286 34 the the DET cblr-1765 286 35 reorganizing reorganize VERB cblr-1765 286 36 entity entity NOUN cblr-1765 286 37 , , PUNCT cblr-1765 286 38 not not PART cblr-1765 286 39 the the DET cblr-1765 286 40 debtor debtor NOUN cblr-1765 286 41 . . PUNCT cblr-1765 286 42 ” " PUNCT cblr-1765 287 1 in in ADP cblr-1765 287 2 re re PROPN cblr-1765 287 3 millennium millennium NOUN cblr-1765 287 4 global global ADJ cblr-1765 287 5 , , PUNCT cblr-1765 287 6 458 458 NUM cblr-1765 287 7 b.r b.r PROPN cblr-1765 287 8 . . PROPN cblr-1765 287 9 at at ADP cblr-1765 287 10 73 73 NUM cblr-1765 287 11 . . PUNCT cblr-1765 288 1 see see VERB cblr-1765 288 2 in in ADP cblr-1765 288 3 re re PROPN cblr-1765 288 4 suntech suntech NOUN cblr-1765 288 5 for for ADP cblr-1765 288 6 an an DET cblr-1765 288 7 example example NOUN cblr-1765 288 8 of of ADP cblr-1765 288 9 a a DET cblr-1765 288 10 case case NOUN cblr-1765 288 11 where where SCONJ cblr-1765 288 12 this this DET cblr-1765 288 13 issue issue NOUN cblr-1765 288 14 would would AUX cblr-1765 288 15 arise arise VERB cblr-1765 288 16 if if SCONJ cblr-1765 288 17 the the DET cblr-1765 288 18 court court NOUN cblr-1765 288 19 adopted adopt VERB cblr-1765 288 20 in in ADP cblr-1765 288 21 re re PROPN cblr-1765 288 22 millennium millennium PROPN cblr-1765 288 23 global global PROPN cblr-1765 288 24 ’s ’s PART cblr-1765 288 25 approach approach NOUN cblr-1765 288 26 to to ADP cblr-1765 288 27 temporality temporality NOUN cblr-1765 288 28 . . PUNCT cblr-1765 289 1 in in ADP cblr-1765 289 2 re re PROPN cblr-1765 289 3 suntech suntech PROPN cblr-1765 289 4 power power PROPN cblr-1765 289 5 holdings holdings PROPN cblr-1765 289 6 co. co. PROPN cblr-1765 289 7 , , PUNCT cblr-1765 289 8 ltd ltd PROPN cblr-1765 289 9 . . PROPN cblr-1765 289 10 , , PUNCT cblr-1765 289 11 520 520 NUM cblr-1765 289 12 b.r b.r PROPN cblr-1765 289 13 . . PROPN cblr-1765 289 14 399 399 NUM cblr-1765 289 15 , , PUNCT cblr-1765 289 16 417 417 NUM cblr-1765 289 17 ( ( PUNCT cblr-1765 289 18 bankr bankr PROPN cblr-1765 289 19 . . PUNCT cblr-1765 290 1 s.d.n.y s.d.n.y PROPN cblr-1765 290 2 . . PROPN cblr-1765 290 3 2014 2014 NUM cblr-1765 290 4 ) ) PUNCT cblr-1765 290 5 . . PUNCT cblr-1765 291 1 a a DET cblr-1765 291 2 more more ADV cblr-1765 291 3 detailed detailed ADJ cblr-1765 291 4 discussion discussion NOUN cblr-1765 291 5 of of ADP cblr-1765 291 6 the the DET cblr-1765 291 7 court court NOUN cblr-1765 291 8 ’s ’s PART cblr-1765 291 9 assertion assertion NOUN cblr-1765 291 10 is be AUX cblr-1765 291 11 beyond beyond ADP cblr-1765 291 12 the the DET cblr-1765 291 13 scope scope NOUN cblr-1765 291 14 of of ADP cblr-1765 291 15 this this DET cblr-1765 291 16 note note NOUN cblr-1765 291 17 . . PUNCT cblr-1765 292 1 hallock hallock NOUN cblr-1765 292 2 – – PUNCT cblr-1765 292 3 final final ADJ cblr-1765 292 4 no no NOUN cblr-1765 292 5 . . PUNCT cblr-1765 293 1 3:1074 3:1074 NUM cblr-1765 293 2 ] ] PUNCT cblr-1765 293 3 time time NOUN cblr-1765 293 4 out out ADP cblr-1765 293 5 1093 1093 NUM cblr-1765 293 6 static.59 static.59 VERB cblr-1765 293 7 under under ADP cblr-1765 293 8 this this DET cblr-1765 293 9 reasoning reasoning NOUN cblr-1765 293 10 , , PUNCT cblr-1765 293 11 a a DET cblr-1765 293 12 debtor debtor NOUN cblr-1765 293 13 would would AUX cblr-1765 293 14 not not PART cblr-1765 293 15 have have VERB cblr-1765 293 16 a a DET cblr-1765 293 17 principal principal ADJ cblr-1765 293 18 place place NOUN cblr-1765 293 19 of of ADP cblr-1765 293 20 business business NOUN cblr-1765 293 21 during during ADP cblr-1765 293 22 the the DET cblr-1765 293 23 period period NOUN cblr-1765 293 24 between between ADP cblr-1765 293 25 commencement commencement NOUN cblr-1765 293 26 of of ADP cblr-1765 293 27 the the DET cblr-1765 293 28 foreign foreign ADJ cblr-1765 293 29 proceeding proceeding NOUN cblr-1765 293 30 and and CCONJ cblr-1765 293 31 the the DET cblr-1765 293 32 filing filing NOUN cblr-1765 293 33 of of ADP cblr-1765 293 34 the the DET cblr-1765 293 35 chapter chapter NOUN cblr-1765 293 36 15 15 NUM cblr-1765 293 37 petition petition NOUN cblr-1765 293 38 . . PUNCT cblr-1765 294 1 accordingly accordingly ADV cblr-1765 294 2 , , PUNCT cblr-1765 294 3 there there PRON cblr-1765 294 4 is be VERB cblr-1765 294 5 no no DET cblr-1765 294 6 logical logical ADJ cblr-1765 294 7 reason reason NOUN cblr-1765 294 8 to to PART cblr-1765 294 9 make make VERB cblr-1765 294 10 comi comi NOUN cblr-1765 294 11 determinations determination NOUN cblr-1765 294 12 at at ADP cblr-1765 294 13 the the DET cblr-1765 294 14 time time NOUN cblr-1765 294 15 of of ADP cblr-1765 294 16 the the DET cblr-1765 294 17 chapter chapter NOUN cblr-1765 294 18 15 15 NUM cblr-1765 294 19 petition petition NOUN cblr-1765 294 20 . . PUNCT cblr-1765 295 1 instead instead ADV cblr-1765 295 2 , , PUNCT cblr-1765 295 3 a a DET cblr-1765 295 4 court court NOUN cblr-1765 295 5 must must AUX cblr-1765 295 6 determine determine VERB cblr-1765 295 7 a a DET cblr-1765 295 8 debtor debtor NOUN cblr-1765 295 9 ’s ’s PART cblr-1765 295 10 principal principal ADJ cblr-1765 295 11 place place NOUN cblr-1765 295 12 of of ADP cblr-1765 295 13 business business NOUN cblr-1765 295 14 , , PUNCT cblr-1765 295 15 and and CCONJ cblr-1765 295 16 therefore therefore ADV cblr-1765 295 17 its its PRON cblr-1765 295 18 comi comi NOUN cblr-1765 295 19 , , PUNCT cblr-1765 295 20 with with ADP cblr-1765 295 21 reference reference NOUN cblr-1765 295 22 to to ADP cblr-1765 295 23 business business NOUN cblr-1765 295 24 activities activity NOUN cblr-1765 295 25 at at ADP cblr-1765 295 26 and and CCONJ cblr-1765 295 27 immediately immediately ADV cblr-1765 295 28 preceding precede VERB cblr-1765 295 29 commencement commencement NOUN cblr-1765 295 30 of of ADP cblr-1765 295 31 liquidation liquidation NOUN cblr-1765 295 32 . . PUNCT cblr-1765 296 1 accordingly accordingly ADV cblr-1765 296 2 , , PUNCT cblr-1765 296 3 the the DET cblr-1765 296 4 millennium millennium NOUN cblr-1765 296 5 global global PROPN cblr-1765 296 6 court court PROPN cblr-1765 296 7 then then ADV cblr-1765 296 8 addressed address VERB cblr-1765 296 9 whether whether SCONJ cblr-1765 296 10 bermuda bermuda PROPN cblr-1765 296 11 was be AUX cblr-1765 296 12 the the DET cblr-1765 296 13 funds fund NOUN cblr-1765 296 14 ’ ' PUNCT cblr-1765 296 15 comi comi NOUN cblr-1765 296 16 at at ADP cblr-1765 296 17 the the DET cblr-1765 296 18 commencement commencement NOUN cblr-1765 296 19 of of ADP cblr-1765 296 20 the the DET cblr-1765 296 21 bermuda bermuda PROPN cblr-1765 296 22 proceeding proceeding NOUN cblr-1765 296 23 . . PUNCT cblr-1765 297 1 amongst amongst ADP cblr-1765 297 2 the the DET cblr-1765 297 3 factors factor NOUN cblr-1765 297 4 pointing point VERB cblr-1765 297 5 toward toward ADP cblr-1765 297 6 recognition recognition NOUN cblr-1765 297 7 : : PUNCT cblr-1765 297 8 the the DET cblr-1765 297 9 funds fund NOUN cblr-1765 297 10 were be AUX cblr-1765 297 11 incorporated incorporate VERB cblr-1765 297 12 in in ADP cblr-1765 297 13 bermuda bermuda PROPN cblr-1765 297 14 and and CCONJ cblr-1765 297 15 board board NOUN cblr-1765 297 16 meetings meeting NOUN cblr-1765 297 17 were be AUX cblr-1765 297 18 customarily customarily ADV cblr-1765 297 19 held hold VERB cblr-1765 297 20 there.60 there.60 INTJ cblr-1765 297 21 furthermore furthermore ADV cblr-1765 297 22 , , PUNCT cblr-1765 297 23 two two NUM cblr-1765 297 24 out out ADP cblr-1765 297 25 of of ADP cblr-1765 297 26 three three NUM cblr-1765 297 27 directors director NOUN cblr-1765 297 28 , , PUNCT cblr-1765 297 29 who who PRON cblr-1765 297 30 exercised exercise VERB cblr-1765 297 31 substantial substantial ADJ cblr-1765 297 32 control control NOUN cblr-1765 297 33 , , PUNCT cblr-1765 297 34 resided reside VERB cblr-1765 297 35 in in ADP cblr-1765 297 36 bermuda.61 bermuda.61 NOUN cblr-1765 297 37 in in ADP cblr-1765 297 38 contrast contrast NOUN cblr-1765 297 39 , , PUNCT cblr-1765 297 40 day day NOUN cblr-1765 297 41 - - PUNCT cblr-1765 297 42 to to ADP cblr-1765 297 43 - - PUNCT cblr-1765 297 44 day day NOUN cblr-1765 297 45 operations operation NOUN cblr-1765 297 46 were be AUX cblr-1765 297 47 managed manage VERB cblr-1765 297 48 from from ADP cblr-1765 297 49 guernsey guernsey PROPN cblr-1765 297 50 , , PUNCT cblr-1765 297 51 the the DET cblr-1765 297 52 funds fund NOUN cblr-1765 297 53 ’ ' PUNCT cblr-1765 297 54 investment investment NOUN cblr-1765 297 55 manager manager NOUN cblr-1765 297 56 was be AUX cblr-1765 297 57 located locate VERB cblr-1765 297 58 in in ADP cblr-1765 297 59 the the DET cblr-1765 297 60 united united ADJ cblr-1765 297 61 kingdom kingdom NOUN cblr-1765 297 62 , , PUNCT cblr-1765 297 63 and and CCONJ cblr-1765 297 64 substantially substantially ADV cblr-1765 297 65 all all PRON cblr-1765 297 66 of of ADP cblr-1765 297 67 the the DET cblr-1765 297 68 funds fund NOUN cblr-1765 297 69 ’ ' PUNCT cblr-1765 297 70 assets asset NOUN cblr-1765 297 71 were be AUX cblr-1765 297 72 located locate VERB cblr-1765 297 73 outside outside ADP cblr-1765 297 74 of of ADP cblr-1765 297 75 bermuda.62 bermuda.62 NOUN cblr-1765 297 76 though though SCONJ cblr-1765 297 77 seemingly seemingly ADV cblr-1765 297 78 a a DET cblr-1765 297 79 close close ADJ cblr-1765 297 80 call call NOUN cblr-1765 297 81 , , PUNCT cblr-1765 297 82 the the DET cblr-1765 297 83 court court NOUN cblr-1765 297 84 ruled rule VERB cblr-1765 297 85 that that SCONJ cblr-1765 297 86 the the DET cblr-1765 297 87 balance balance NOUN cblr-1765 297 88 of of ADP cblr-1765 297 89 these these DET cblr-1765 297 90 factors factor NOUN cblr-1765 297 91 pointed point VERB cblr-1765 297 92 toward toward ADP cblr-1765 297 93 bermuda bermuda NOUN cblr-1765 297 94 as as ADP cblr-1765 297 95 the the DET cblr-1765 297 96 debtors debtor NOUN cblr-1765 297 97 ’ ' PUNCT cblr-1765 297 98 comi.63 comi.63 PROPN cblr-1765 297 99 therefore therefore ADV cblr-1765 297 100 , , PUNCT cblr-1765 297 101 59 59 NUM cblr-1765 297 102 in in ADP cblr-1765 297 103 re re NOUN cblr-1765 297 104 millennium millennium NOUN cblr-1765 297 105 global global ADJ cblr-1765 297 106 , , PUNCT cblr-1765 297 107 458 458 NUM cblr-1765 297 108 b.r b.r PROPN cblr-1765 297 109 . . PROPN cblr-1765 297 110 at at ADP cblr-1765 297 111 72–73 72–73 PROPN cblr-1765 297 112 ( ( PUNCT cblr-1765 297 113 “ " PUNCT cblr-1765 297 114 if if SCONJ cblr-1765 297 115 the the DET cblr-1765 297 116 term term NOUN cblr-1765 297 117 ‘ ' PUNCT cblr-1765 297 118 principal principal ADJ cblr-1765 297 119 place place NOUN cblr-1765 297 120 of of ADP cblr-1765 297 121 business business NOUN cblr-1765 297 122 ’ ' PUNCT cblr-1765 297 123 is be AUX cblr-1765 297 124 substituted substitute VERB cblr-1765 297 125 for for ADP cblr-1765 297 126 ‘ ' PUNCT cblr-1765 297 127 center center NOUN cblr-1765 297 128 of of ADP cblr-1765 297 129 main main ADJ cblr-1765 297 130 interests interest NOUN cblr-1765 297 131 , , PUNCT cblr-1765 297 132 ’ ' PUNCT cblr-1765 297 133 it it PRON cblr-1765 297 134 is be AUX cblr-1765 297 135 obvious obvious ADJ cblr-1765 297 136 that that SCONJ cblr-1765 297 137 the the DET cblr-1765 297 138 date date NOUN cblr-1765 297 139 for for ADP cblr-1765 297 140 determining determine VERB cblr-1765 297 141 an an DET cblr-1765 297 142 entity entity NOUN cblr-1765 297 143 ’s ’s PART cblr-1765 297 144 place place NOUN cblr-1765 297 145 of of ADP cblr-1765 297 146 business business NOUN cblr-1765 297 147 refers refer VERB cblr-1765 297 148 to to ADP cblr-1765 297 149 the the DET cblr-1765 297 150 business business NOUN cblr-1765 297 151 of of ADP cblr-1765 297 152 the the DET cblr-1765 297 153 entity entity NOUN cblr-1765 297 154 before before SCONJ cblr-1765 297 155 it it PRON cblr-1765 297 156 was be AUX cblr-1765 297 157 placed place VERB cblr-1765 297 158 into into ADP cblr-1765 297 159 liquidation liquidation NOUN cblr-1765 297 160 . . PUNCT cblr-1765 298 1 a a DET cblr-1765 298 2 debtor debtor NOUN cblr-1765 298 3 does do AUX cblr-1765 298 4 not not PART cblr-1765 298 5 continue continue VERB cblr-1765 298 6 to to PART cblr-1765 298 7 have have VERB cblr-1765 298 8 a a DET cblr-1765 298 9 principal principal ADJ cblr-1765 298 10 place place NOUN cblr-1765 298 11 of of ADP cblr-1765 298 12 business business NOUN cblr-1765 298 13 after after SCONJ cblr-1765 298 14 liquidation liquidation NOUN cblr-1765 298 15 is be AUX cblr-1765 298 16 ordered order VERB cblr-1765 298 17 and and CCONJ cblr-1765 298 18 the the DET cblr-1765 298 19 business business NOUN cblr-1765 298 20 stops stop VERB cblr-1765 298 21 operating operate VERB cblr-1765 298 22 . . PUNCT cblr-1765 298 23 ” " PUNCT cblr-1765 298 24 ) ) PUNCT cblr-1765 298 25 . . PUNCT cblr-1765 299 1 60 60 NUM cblr-1765 300 1 i i PRON cblr-1765 300 2 d. d. PROPN cblr-1765 300 3 at at ADP cblr-1765 300 4 77 77 NUM cblr-1765 300 5 . . PUNCT cblr-1765 301 1 particularly particularly ADV cblr-1765 301 2 important important ADJ cblr-1765 301 3 , , PUNCT cblr-1765 301 4 the the DET cblr-1765 301 5 offering offer VERB cblr-1765 301 6 memorandum memorandum NOUN cblr-1765 301 7 described describe VERB cblr-1765 301 8 the the DET cblr-1765 301 9 funds fund NOUN cblr-1765 301 10 as as ADP cblr-1765 301 11 a a DET cblr-1765 301 12 bermuda bermuda NOUN cblr-1765 301 13 company company NOUN cblr-1765 301 14 , , PUNCT cblr-1765 301 15 making make VERB cblr-1765 301 16 the the DET cblr-1765 301 17 possibility possibility NOUN cblr-1765 301 18 of of ADP cblr-1765 301 19 insolvency insolvency NOUN cblr-1765 301 20 proceedings proceeding NOUN cblr-1765 301 21 in in ADP cblr-1765 301 22 bermuda bermuda NOUN cblr-1765 301 23 reasonably reasonably ADV cblr-1765 301 24 ascertainable ascertainable ADJ cblr-1765 301 25 to to ADP cblr-1765 301 26 third third ADJ cblr-1765 301 27 parties party NOUN cblr-1765 301 28 . . PUNCT cblr-1765 302 1 i i PRON cblr-1765 302 2 d. d. PROPN cblr-1765 302 3 61 61 NUM cblr-1765 303 1 i i PRON cblr-1765 303 2 d. d. PROPN cblr-1765 303 3 62 62 NUM cblr-1765 304 1 i i PRON cblr-1765 304 2 d. d. PROPN cblr-1765 304 3 63 63 NUM cblr-1765 304 4 i i PRON cblr-1765 304 5 d. d. PROPN cblr-1765 304 6 ( ( PUNCT cblr-1765 304 7 “ " PUNCT cblr-1765 304 8 a a DET cblr-1765 304 9 simple simple ADJ cblr-1765 304 10 tally tally NOUN cblr-1765 304 11 of of ADP cblr-1765 304 12 the the DET cblr-1765 304 13 foregoing forego VERB cblr-1765 304 14 factors factor NOUN cblr-1765 304 15 demonstrates demonstrate VERB cblr-1765 304 16 that that SCONJ cblr-1765 304 17 more more ADJ cblr-1765 304 18 point point NOUN cblr-1765 304 19 toward toward ADP cblr-1765 304 20 bermuda bermuda NOUN cblr-1765 304 21 than than ADP cblr-1765 304 22 elsewhere elsewhere ADV cblr-1765 304 23 . . PUNCT cblr-1765 304 24 ” " PUNCT cblr-1765 304 25 ) ) PUNCT cblr-1765 304 26 . . PUNCT cblr-1765 305 1 also also ADV cblr-1765 305 2 important important ADJ cblr-1765 305 3 , , PUNCT cblr-1765 305 4 the the DET cblr-1765 305 5 factors factor NOUN cblr-1765 305 6 weighing weigh VERB cblr-1765 305 7 against against ADP cblr-1765 305 8 bermuda bermuda NOUN cblr-1765 305 9 pointed point VERB cblr-1765 305 10 to to ADP cblr-1765 305 11 an an DET cblr-1765 305 12 array array NOUN cblr-1765 305 13 of of ADP cblr-1765 305 14 countries country NOUN cblr-1765 305 15 and and CCONJ cblr-1765 305 16 did do AUX cblr-1765 305 17 not not PART cblr-1765 305 18 establish establish VERB cblr-1765 305 19 a a DET cblr-1765 305 20 clear clear ADJ cblr-1765 305 21 alternative alternative ADJ cblr-1765 305 22 comi comi NOUN cblr-1765 305 23 . . PUNCT cblr-1765 306 1 “ " PUNCT cblr-1765 306 2 since since SCONJ cblr-1765 306 3 every every DET cblr-1765 306 4 entity entity NOUN cblr-1765 306 5 has have VERB cblr-1765 306 6 a a DET cblr-1765 306 7 center center NOUN cblr-1765 306 8 of of ADP cblr-1765 306 9 main main ADJ cblr-1765 306 10 interests interest NOUN cblr-1765 306 11 , , PUNCT cblr-1765 306 12 the the DET cblr-1765 306 13 fact fact NOUN cblr-1765 306 14 that that SCONJ cblr-1765 306 15 the the DET cblr-1765 306 16 evidence evidence NOUN cblr-1765 306 17 does do AUX cblr-1765 306 18 not not PART cblr-1765 306 19 disclose disclose VERB cblr-1765 306 20 a a DET cblr-1765 306 21 comi comi NOUN cblr-1765 306 22 other other ADJ cblr-1765 306 23 hallock hallock NOUN cblr-1765 306 24 – – PUNCT cblr-1765 307 1 final final ADJ cblr-1765 307 2 1094 1094 NUM cblr-1765 307 3 columbia columbia PROPN cblr-1765 307 4 business business PROPN cblr-1765 307 5 law law PROPN cblr-1765 307 6 review review NOUN cblr-1765 307 7 [ [ X cblr-1765 307 8 vol vol NOUN cblr-1765 307 9 . . NOUN cblr-1765 307 10 2015 2015 NUM cblr-1765 307 11 even even ADV cblr-1765 307 12 though though SCONJ cblr-1765 307 13 it it PRON cblr-1765 307 14 rejected reject VERB cblr-1765 307 15 the the DET cblr-1765 307 16 liquidators liquidator NOUN cblr-1765 307 17 ’ ' PUNCT cblr-1765 307 18 argument argument NOUN cblr-1765 307 19 that that SCONJ cblr-1765 307 20 comi comi NOUN cblr-1765 307 21 should should AUX cblr-1765 307 22 be be AUX cblr-1765 307 23 determined determine VERB cblr-1765 307 24 at at ADP cblr-1765 307 25 the the DET cblr-1765 307 26 time time NOUN cblr-1765 307 27 of of ADP cblr-1765 307 28 the the DET cblr-1765 307 29 chapter chapter NOUN cblr-1765 307 30 15 15 NUM cblr-1765 307 31 petition petition NOUN cblr-1765 307 32 , , PUNCT cblr-1765 307 33 the the DET cblr-1765 307 34 court court NOUN cblr-1765 307 35 still still ADV cblr-1765 307 36 found find VERB cblr-1765 307 37 bermuda bermuda NOUN cblr-1765 307 38 to to PART cblr-1765 307 39 be be AUX cblr-1765 307 40 the the DET cblr-1765 307 41 debtors debtor NOUN cblr-1765 307 42 ’ ’ PART cblr-1765 307 43 comi comi NOUN cblr-1765 307 44 and and CCONJ cblr-1765 307 45 granted grant VERB cblr-1765 307 46 recognition recognition NOUN cblr-1765 307 47 . . PUNCT cblr-1765 308 1 in in ADP cblr-1765 308 2 this this DET cblr-1765 308 3 manner manner NOUN cblr-1765 308 4 , , PUNCT cblr-1765 308 5 in in ADP cblr-1765 308 6 re re PRON cblr-1765 308 7 millennium millennium PROPN cblr-1765 308 8 global global ADJ cblr-1765 308 9 became become VERB cblr-1765 308 10 the the DET cblr-1765 308 11 foremost foremost ADJ cblr-1765 308 12 instance instance NOUN cblr-1765 308 13 of of ADP cblr-1765 308 14 a a DET cblr-1765 308 15 court court NOUN cblr-1765 308 16 deviating deviate VERB cblr-1765 308 17 from from ADP cblr-1765 308 18 the the DET cblr-1765 308 19 majority majority NOUN cblr-1765 308 20 approach approach NOUN cblr-1765 308 21 to to ADP cblr-1765 308 22 comi comi NOUN cblr-1765 308 23 temporality temporality NOUN cblr-1765 308 24 . . PUNCT cblr-1765 309 1 however however ADV cblr-1765 309 2 , , PUNCT cblr-1765 309 3 given give VERB cblr-1765 309 4 the the DET cblr-1765 309 5 ultimate ultimate ADJ cblr-1765 309 6 disposition disposition NOUN cblr-1765 309 7 of of ADP cblr-1765 309 8 the the DET cblr-1765 309 9 case case NOUN cblr-1765 309 10 , , PUNCT cblr-1765 309 11 its its PRON cblr-1765 309 12 temporality temporality NOUN cblr-1765 309 13 analysis analysis NOUN cblr-1765 309 14 was be AUX cblr-1765 309 15 merely merely ADV cblr-1765 309 16 superfluous superfluous ADJ cblr-1765 309 17 and and CCONJ cblr-1765 309 18 nothing nothing PRON cblr-1765 309 19 more more ADJ cblr-1765 309 20 than than ADP cblr-1765 309 21 dicta dicta ADJ cblr-1765 309 22 . . PUNCT cblr-1765 310 1 the the DET cblr-1765 310 2 court court NOUN cblr-1765 310 3 noted note VERB cblr-1765 310 4 that that SCONJ cblr-1765 310 5 “ " PUNCT cblr-1765 310 6 [ [ X cblr-1765 310 7 e]ven e]ven ADJ cblr-1765 310 8 if if SCONJ cblr-1765 310 9 the the DET cblr-1765 310 10 date date NOUN cblr-1765 310 11 for for ADP cblr-1765 310 12 determining determine VERB cblr-1765 310 13 a a DET cblr-1765 310 14 foreign foreign ADJ cblr-1765 310 15 debtor debtor NOUN cblr-1765 310 16 ’s ’s PART cblr-1765 310 17 comi comi NOUN cblr-1765 310 18 . . PUNCT cblr-1765 310 19 . . PUNCT cblr-1765 310 20 . . PUNCT cblr-1765 311 1 [ [ X cblr-1765 311 2 is be AUX cblr-1765 311 3 ] ] PUNCT cblr-1765 311 4 not not PART cblr-1765 311 5 the the DET cblr-1765 311 6 date date NOUN cblr-1765 311 7 of of ADP cblr-1765 311 8 the the DET cblr-1765 311 9 opening opening NOUN cblr-1765 311 10 of of ADP cblr-1765 311 11 the the DET cblr-1765 311 12 proceedings proceeding NOUN cblr-1765 311 13 for for SCONJ cblr-1765 311 14 which which DET cblr-1765 311 15 recognition recognition NOUN cblr-1765 311 16 is be AUX cblr-1765 311 17 sought seek VERB cblr-1765 311 18 , , PUNCT cblr-1765 311 19 and and CCONJ cblr-1765 311 20 if if SCONJ cblr-1765 311 21 the the DET cblr-1765 311 22 contrary contrary ADJ cblr-1765 311 23 authority authority NOUN cblr-1765 311 24 . . PUNCT cblr-1765 311 25 . . PUNCT cblr-1765 311 26 . . PUNCT cblr-1765 312 1 is be AUX cblr-1765 312 2 followed follow VERB cblr-1765 312 3 , , PUNCT cblr-1765 312 4 the the DET cblr-1765 312 5 funds fund NOUN cblr-1765 312 6 ’ ' PUNCT cblr-1765 312 7 comi comi NOUN cblr-1765 312 8 is be AUX cblr-1765 312 9 bermuda bermuda NOUN cblr-1765 312 10 . . PUNCT cblr-1765 313 1 ”64 ”64 PROPN cblr-1765 313 2 in in ADP cblr-1765 313 3 other other ADJ cblr-1765 313 4 words word NOUN cblr-1765 313 5 , , PUNCT cblr-1765 313 6 regardless regardless ADV cblr-1765 313 7 of of ADP cblr-1765 313 8 whether whether SCONJ cblr-1765 313 9 the the DET cblr-1765 313 10 court court NOUN cblr-1765 313 11 evaluated evaluate VERB cblr-1765 313 12 comi comi NOUN cblr-1765 313 13 at at ADP cblr-1765 313 14 the the DET cblr-1765 313 15 commencement commencement NOUN cblr-1765 313 16 of of ADP cblr-1765 313 17 foreign foreign ADJ cblr-1765 313 18 proceedings proceeding NOUN cblr-1765 313 19 exclusive exclusive ADJ cblr-1765 313 20 of of ADP cblr-1765 313 21 latter latter ADJ cblr-1765 313 22 liquidation liquidation NOUN cblr-1765 313 23 activities activity NOUN cblr-1765 313 24 or or CCONJ cblr-1765 313 25 at at ADP cblr-1765 313 26 the the DET cblr-1765 313 27 time time NOUN cblr-1765 313 28 of of ADP cblr-1765 313 29 the the DET cblr-1765 313 30 chapter chapter NOUN cblr-1765 313 31 15 15 NUM cblr-1765 313 32 petition petition NOUN cblr-1765 313 33 inclusive inclusive NOUN cblr-1765 313 34 of of ADP cblr-1765 313 35 liquidation liquidation NOUN cblr-1765 313 36 , , PUNCT cblr-1765 313 37 the the DET cblr-1765 313 38 bermuda bermuda NOUN cblr-1765 313 39 proceedings proceeding NOUN cblr-1765 313 40 would would AUX cblr-1765 313 41 be be AUX cblr-1765 313 42 recognized recognize VERB cblr-1765 313 43 . . PUNCT cblr-1765 314 1 accordingly accordingly ADV cblr-1765 314 2 , , PUNCT cblr-1765 314 3 the the DET cblr-1765 314 4 court court NOUN cblr-1765 314 5 did do AUX cblr-1765 314 6 not not PART cblr-1765 314 7 need need VERB cblr-1765 314 8 to to PART cblr-1765 314 9 diverge diverge VERB cblr-1765 314 10 from from ADP cblr-1765 314 11 the the DET cblr-1765 314 12 majority majority NOUN cblr-1765 314 13 approach approach NOUN cblr-1765 314 14 to to PART cblr-1765 314 15 reach reach VERB cblr-1765 314 16 its its PRON cblr-1765 314 17 result result NOUN cblr-1765 314 18 , , PUNCT cblr-1765 314 19 and and CCONJ cblr-1765 314 20 its its PRON cblr-1765 314 21 approach approach NOUN cblr-1765 314 22 to to ADP cblr-1765 314 23 temporality temporality NOUN cblr-1765 314 24 did do AUX cblr-1765 314 25 not not PART cblr-1765 314 26 possess possess VERB cblr-1765 314 27 precedential precedential ADJ cblr-1765 314 28 value.65 value.65 NOUN cblr-1765 314 29 on on ADP cblr-1765 314 30 appeal appeal NOUN cblr-1765 314 31 before before ADP cblr-1765 314 32 the the DET cblr-1765 314 33 united united PROPN cblr-1765 314 34 states states PROPN cblr-1765 314 35 district district PROPN cblr-1765 314 36 court court NOUN cblr-1765 314 37 for for ADP cblr-1765 314 38 the the DET cblr-1765 314 39 southern southern ADJ cblr-1765 314 40 district district NOUN cblr-1765 314 41 of of ADP cblr-1765 314 42 new new PROPN cblr-1765 314 43 york york PROPN cblr-1765 314 44 ( ( PUNCT cblr-1765 314 45 “ " PUNCT cblr-1765 314 46 sdny sdny VERB cblr-1765 314 47 ” " PUNCT cblr-1765 314 48 ) ) PUNCT cblr-1765 314 49 , , PUNCT cblr-1765 314 50 the the DET cblr-1765 314 51 objectant objectant NOUN cblr-1765 314 52 did do AUX cblr-1765 314 53 not not PART cblr-1765 314 54 challenge challenge VERB cblr-1765 314 55 the the DET cblr-1765 314 56 bankruptcy bankruptcy NOUN cblr-1765 314 57 court court NOUN cblr-1765 314 58 ’s ’s PART cblr-1765 314 59 ruling ruling NOUN cblr-1765 314 60 on on ADP cblr-1765 314 61 the the DET cblr-1765 314 62 temporality temporality NOUN cblr-1765 314 63 of of ADP cblr-1765 314 64 comi comi NOUN cblr-1765 314 65 determinations.66 determinations.66 NOUN cblr-1765 314 66 accordingly accordingly ADV cblr-1765 314 67 , , PUNCT cblr-1765 314 68 the the DET cblr-1765 314 69 court court NOUN cblr-1765 314 70 did do AUX cblr-1765 314 71 not not PART cblr-1765 314 72 reach reach VERB cblr-1765 314 73 the the DET cblr-1765 314 74 “ " PUNCT cblr-1765 314 75 more more ADV cblr-1765 314 76 complicated complicated ADJ cblr-1765 314 77 question question NOUN cblr-1765 314 78 . . PUNCT cblr-1765 314 79 . . PUNCT cblr-1765 314 80 . . PUNCT cblr-1765 315 1 of of ADP cblr-1765 315 2 whether whether SCONJ cblr-1765 315 3 the the DET cblr-1765 315 4 bankruptcy bankruptcy NOUN cblr-1765 315 5 court court NOUN cblr-1765 315 6 was be AUX cblr-1765 315 7 correct correct ADJ cblr-1765 315 8 in in ADP cblr-1765 315 9 its its PRON cblr-1765 315 10 conclusion conclusion NOUN cblr-1765 315 11 regarding regard VERB cblr-1765 315 12 the the DET cblr-1765 315 13 timing timing NOUN cblr-1765 315 14 of of ADP cblr-1765 315 15 the the DET cblr-1765 315 16 comi comi NOUN cblr-1765 315 17 determination determination NOUN cblr-1765 315 18 . . PUNCT cblr-1765 315 19 ”67 ”67 PROPN cblr-1765 315 20 furthermore furthermore ADV cblr-1765 315 21 , , PUNCT cblr-1765 315 22 mirroring mirror VERB cblr-1765 315 23 the the DET cblr-1765 315 24 bankruptcy bankruptcy NOUN cblr-1765 315 25 court court NOUN cblr-1765 315 26 , , PUNCT cblr-1765 315 27 the the DET cblr-1765 315 28 district district NOUN cblr-1765 315 29 court court NOUN cblr-1765 315 30 also also ADV cblr-1765 315 31 suggested suggest VERB cblr-1765 315 32 that that SCONJ cblr-1765 315 33 the the DET cblr-1765 315 34 temporality temporality NOUN cblr-1765 315 35 issue issue NOUN cblr-1765 315 36 was be AUX cblr-1765 315 37 not not PART cblr-1765 315 38 implicated implicate VERB cblr-1765 315 39 in in ADP cblr-1765 315 40 the the DET cblr-1765 315 41 case case NOUN cblr-1765 315 42 at at ADP cblr-1765 315 43 hand hand NOUN cblr-1765 315 44 — — PUNCT cblr-1765 315 45 bermuda bermuda PROPN cblr-1765 315 46 was be AUX cblr-1765 315 47 the the DET cblr-1765 315 48 debtor debtor NOUN cblr-1765 315 49 ’s ’s ADV cblr-1765 315 50 than than SCONJ cblr-1765 315 51 bermuda bermuda PROPN cblr-1765 315 52 operates operate VERB cblr-1765 315 53 in in ADP cblr-1765 315 54 favor favor NOUN cblr-1765 315 55 of of ADP cblr-1765 315 56 granting grant VERB cblr-1765 315 57 recognition recognition NOUN cblr-1765 315 58 of of ADP cblr-1765 315 59 the the DET cblr-1765 315 60 bermuda bermuda PROPN cblr-1765 315 61 proceedings proceeding NOUN cblr-1765 315 62 . . PUNCT cblr-1765 315 63 . . PUNCT cblr-1765 315 64 . . PUNCT cblr-1765 316 1 . . PUNCT cblr-1765 316 2 ” " PUNCT cblr-1765 317 1 i i PRON cblr-1765 317 2 d. d. VERB cblr-1765 317 3 at at ADP cblr-1765 317 4 79 79 NUM cblr-1765 317 5 ( ( PUNCT cblr-1765 317 6 citation citation NOUN cblr-1765 317 7 omitted omit VERB cblr-1765 317 8 ) ) PUNCT cblr-1765 317 9 . . PUNCT cblr-1765 318 1 64 64 NUM cblr-1765 319 1 i i PRON cblr-1765 319 2 d. d. NOUN cblr-1765 319 3 at at ADP cblr-1765 319 4 85–86 85–86 NUM cblr-1765 319 5 . . PUNCT cblr-1765 320 1 65 65 NUM cblr-1765 321 1 i i PRON cblr-1765 321 2 d. d. PROPN cblr-1765 321 3 at at ADP cblr-1765 321 4 86 86 NUM cblr-1765 321 5 . . PUNCT cblr-1765 321 6 66 66 NUM cblr-1765 321 7 in in ADP cblr-1765 321 8 re re PROPN cblr-1765 321 9 millennium millennium NOUN cblr-1765 321 10 global global ADJ cblr-1765 321 11 emerging emerge VERB cblr-1765 321 12 credit credit NOUN cblr-1765 321 13 master master PROPN cblr-1765 321 14 fund fund PROPN cblr-1765 321 15 ltd ltd PROPN cblr-1765 321 16 . . PROPN cblr-1765 321 17 , , PUNCT cblr-1765 321 18 474 474 PROPN cblr-1765 321 19 b.r b.r PROPN cblr-1765 321 20 . . PROPN cblr-1765 321 21 88 88 NUM cblr-1765 321 22 , , PUNCT cblr-1765 321 23 92 92 NUM cblr-1765 321 24 ( ( PUNCT cblr-1765 321 25 s.d.n.y s.d.n.y PROPN cblr-1765 321 26 . . PROPN cblr-1765 321 27 2012 2012 NUM cblr-1765 321 28 ) ) PUNCT cblr-1765 321 29 . . PUNCT cblr-1765 322 1 67 67 NUM cblr-1765 323 1 i i PRON cblr-1765 323 2 d. d. PROPN cblr-1765 323 3 at at ADP cblr-1765 323 4 94 94 NUM cblr-1765 323 5 . . PUNCT cblr-1765 324 1 hallock hallock PROPN cblr-1765 324 2 – – PUNCT cblr-1765 324 3 final final ADJ cblr-1765 324 4 no no NOUN cblr-1765 324 5 . . PUNCT cblr-1765 325 1 3:1074 3:1074 NUM cblr-1765 325 2 ] ] PUNCT cblr-1765 325 3 time time NOUN cblr-1765 325 4 out out ADP cblr-1765 325 5 1095 1095 NUM cblr-1765 325 6 comi comi NOUN cblr-1765 325 7 both both CCONJ cblr-1765 325 8 at at ADP cblr-1765 325 9 the the DET cblr-1765 325 10 commencement commencement NOUN cblr-1765 325 11 of of ADP cblr-1765 325 12 the the DET cblr-1765 325 13 foreign foreign ADJ cblr-1765 325 14 proceeding proceeding NOUN cblr-1765 325 15 and and CCONJ cblr-1765 325 16 the the DET cblr-1765 325 17 filing filing NOUN cblr-1765 325 18 of of ADP cblr-1765 325 19 the the DET cblr-1765 325 20 chapter chapter NOUN cblr-1765 325 21 15 15 NUM cblr-1765 325 22 petition.68 petition.68 PROPN cblr-1765 325 23 c. c. PROPN cblr-1765 325 24 in in ADP cblr-1765 325 25 re re PROPN cblr-1765 325 26 fairfield fairfield PROPN cblr-1765 325 27 sentry sentry PROPN cblr-1765 325 28 ( ( PUNCT cblr-1765 325 29 majority majority NOUN cblr-1765 325 30 approach approach NOUN cblr-1765 325 31 ) ) PUNCT cblr-1765 325 32 in in ADP cblr-1765 325 33 in in ADP cblr-1765 325 34 re re PROPN cblr-1765 325 35 fairfield fairfield PROPN cblr-1765 325 36 sentry sentry PROPN cblr-1765 325 37 , , PUNCT cblr-1765 325 38 the the DET cblr-1765 325 39 liquidators liquidator NOUN cblr-1765 325 40 of of ADP cblr-1765 325 41 feeder feeder NOUN cblr-1765 325 42 funds fund NOUN cblr-1765 325 43 that that PRON cblr-1765 325 44 had have AUX cblr-1765 325 45 invested invest VERB cblr-1765 325 46 with with ADP cblr-1765 325 47 bernard bernard PROPN cblr-1765 325 48 l. l. PROPN cblr-1765 325 49 madoff madoff PROPN cblr-1765 325 50 investment investment PROPN cblr-1765 325 51 securities securities PROPN cblr-1765 325 52 llc llc PROPN cblr-1765 325 53 sought seek VERB cblr-1765 325 54 recognition recognition NOUN cblr-1765 325 55 of of ADP cblr-1765 325 56 insolvency insolvency NOUN cblr-1765 325 57 proceedings proceeding NOUN cblr-1765 325 58 pending pende VERB cblr-1765 325 59 in in ADP cblr-1765 325 60 the the DET cblr-1765 325 61 british british ADJ cblr-1765 325 62 virgin virgin PROPN cblr-1765 325 63 islands islands PROPN cblr-1765 325 64 ( ( PUNCT cblr-1765 325 65 “ " PUNCT cblr-1765 325 66 bvi”).69 bvi”).69 NOUN cblr-1765 325 67 morning morning NOUN cblr-1765 325 68 mist mist NOUN cblr-1765 325 69 limited limit VERB cblr-1765 325 70 holdings holding NOUN cblr-1765 325 71 ( ( PUNCT cblr-1765 325 72 “ " PUNCT cblr-1765 325 73 objectant objectant ADJ cblr-1765 325 74 ” " PUNCT cblr-1765 325 75 ) ) PUNCT cblr-1765 325 76 opposed oppose VERB cblr-1765 325 77 recognition recognition NOUN cblr-1765 325 78 on on ADP cblr-1765 325 79 the the DET cblr-1765 325 80 ground ground NOUN cblr-1765 325 81 that that SCONJ cblr-1765 325 82 the the DET cblr-1765 325 83 bvi bvi PROPN cblr-1765 325 84 was be AUX cblr-1765 325 85 not not PART cblr-1765 325 86 the the DET cblr-1765 325 87 debtors debtor NOUN cblr-1765 325 88 ’ ’ PART cblr-1765 325 89 comi comi NOUN cblr-1765 325 90 . . PUNCT cblr-1765 326 1 the the DET cblr-1765 326 2 main main ADJ cblr-1765 326 3 point point NOUN cblr-1765 326 4 of of ADP cblr-1765 326 5 contention contention NOUN cblr-1765 326 6 between between ADP cblr-1765 326 7 the the DET cblr-1765 326 8 parties party NOUN cblr-1765 326 9 was be AUX cblr-1765 326 10 whether whether SCONJ cblr-1765 326 11 the the DET cblr-1765 326 12 debtors debtor NOUN cblr-1765 326 13 ’ ’ PART cblr-1765 326 14 comi comi NOUN cblr-1765 326 15 should should AUX cblr-1765 326 16 be be AUX cblr-1765 326 17 measured measure VERB cblr-1765 326 18 at at ADP cblr-1765 326 19 the the DET cblr-1765 326 20 commencement commencement NOUN cblr-1765 326 21 of of ADP cblr-1765 326 22 the the DET cblr-1765 326 23 foreign foreign ADJ cblr-1765 326 24 proceeding proceeding NOUN cblr-1765 326 25 exclusive exclusive NOUN cblr-1765 326 26 of of ADP cblr-1765 326 27 liquidation liquidation NOUN cblr-1765 326 28 activities activity NOUN cblr-1765 326 29 , , PUNCT cblr-1765 326 30 as as SCONJ cblr-1765 326 31 the the DET cblr-1765 326 32 objectant objectant NOUN cblr-1765 326 33 asserted assert VERB cblr-1765 326 34 , , PUNCT cblr-1765 326 35 or or CCONJ cblr-1765 326 36 at at ADP cblr-1765 326 37 the the DET cblr-1765 326 38 filing filing NOUN cblr-1765 326 39 of of ADP cblr-1765 326 40 the the DET cblr-1765 326 41 chapter chapter NOUN cblr-1765 326 42 15 15 NUM cblr-1765 326 43 petition petition NOUN cblr-1765 326 44 , , PUNCT cblr-1765 326 45 inclusive inclusive ADJ cblr-1765 326 46 of of ADP cblr-1765 326 47 liquidation liquidation NOUN cblr-1765 326 48 activities activity NOUN cblr-1765 326 49 , , PUNCT cblr-1765 326 50 as as ADP cblr-1765 326 51 the the DET cblr-1765 326 52 liquidators liquidator NOUN cblr-1765 326 53 suggested.70 suggested.70 ADJ cblr-1765 326 54 at at ADP cblr-1765 326 55 the the DET cblr-1765 326 56 time time NOUN cblr-1765 326 57 of of ADP cblr-1765 326 58 the the DET cblr-1765 326 59 recognition recognition NOUN cblr-1765 326 60 proceeding proceeding NOUN cblr-1765 326 61 , , PUNCT cblr-1765 326 62 the the DET cblr-1765 326 63 debtors debtor NOUN cblr-1765 326 64 had have AUX cblr-1765 326 65 already already ADV cblr-1765 326 66 ceased cease VERB cblr-1765 326 67 doing do VERB cblr-1765 326 68 business business NOUN cblr-1765 326 69 more more ADJ cblr-1765 326 70 than than ADP cblr-1765 326 71 eighteen eighteen NUM cblr-1765 326 72 months month NOUN cblr-1765 326 73 beforehand beforehand ADV cblr-1765 326 74 , , PUNCT cblr-1765 326 75 and and CCONJ cblr-1765 326 76 had have AUX cblr-1765 326 77 done do VERB cblr-1765 326 78 so so ADV cblr-1765 326 79 seven seven NUM cblr-1765 326 80 months month NOUN cblr-1765 326 81 before before ADP cblr-1765 326 82 commencement commencement NOUN cblr-1765 326 83 of of ADP cblr-1765 326 84 the the DET cblr-1765 326 85 bvi bvi PROPN cblr-1765 326 86 proceeding.71 proceeding.71 PROPN cblr-1765 326 87 while while SCONJ cblr-1765 326 88 some some DET cblr-1765 326 89 factors factor NOUN cblr-1765 326 90 suggested suggest VERB cblr-1765 326 91 the the DET cblr-1765 326 92 debtors debtor NOUN cblr-1765 326 93 ’ ’ PART cblr-1765 326 94 comi comi NOUN cblr-1765 326 95 was be AUX cblr-1765 326 96 in in ADP cblr-1765 326 97 new new PROPN cblr-1765 326 98 york york PROPN cblr-1765 326 99 prior prior ADV cblr-1765 326 100 to to ADP cblr-1765 326 101 december december PROPN cblr-1765 326 102 2008 2008 NUM cblr-1765 326 103 , , PUNCT cblr-1765 326 104 at at ADP cblr-1765 326 105 the the DET cblr-1765 326 106 appointment appointment NOUN cblr-1765 326 107 of of ADP cblr-1765 326 108 a a DET cblr-1765 326 109 litigation litigation NOUN cblr-1765 326 110 committee committee NOUN cblr-1765 326 111 , , PUNCT cblr-1765 326 112 the the DET cblr-1765 326 113 debtors debtor NOUN cblr-1765 326 114 ’ ’ PART cblr-1765 326 115 nerve nerve NOUN cblr-1765 326 116 center center NOUN cblr-1765 326 117 effectively effectively ADV cblr-1765 326 118 became become VERB cblr-1765 326 119 68 68 NUM cblr-1765 326 120 i i PROPN cblr-1765 326 121 d. d. PROPN cblr-1765 326 122 ( ( PUNCT cblr-1765 326 123 “ " PUNCT cblr-1765 326 124 [ [ X cblr-1765 326 125 bermuda bermuda NOUN cblr-1765 326 126 is be AUX cblr-1765 326 127 the the DET cblr-1765 326 128 debtor debtor NOUN cblr-1765 326 129 ’s ’s PART cblr-1765 326 130 comi comi NOUN cblr-1765 326 131 ] ] PUNCT cblr-1765 326 132 regardless regardless ADV cblr-1765 326 133 of of ADP cblr-1765 326 134 whether whether SCONJ cblr-1765 326 135 the the DET cblr-1765 326 136 comi comi NOUN cblr-1765 326 137 is be AUX cblr-1765 326 138 determined determine VERB cblr-1765 326 139 as as ADP cblr-1765 326 140 of of ADP cblr-1765 326 141 the the DET cblr-1765 326 142 date date NOUN cblr-1765 326 143 of of ADP cblr-1765 326 144 the the DET cblr-1765 326 145 commencement commencement NOUN cblr-1765 326 146 of of ADP cblr-1765 326 147 the the DET cblr-1765 326 148 liquidation liquidation NOUN cblr-1765 326 149 proceedings proceeding NOUN cblr-1765 326 150 — — PUNCT cblr-1765 326 151 as as SCONJ cblr-1765 326 152 the the DET cblr-1765 326 153 bankruptcy bankruptcy NOUN cblr-1765 326 154 court court NOUN cblr-1765 326 155 held hold VERB cblr-1765 326 156 — — PUNCT cblr-1765 326 157 or or CCONJ cblr-1765 326 158 as as ADP cblr-1765 326 159 of of ADP cblr-1765 326 160 the the DET cblr-1765 326 161 date date NOUN cblr-1765 326 162 of of ADP cblr-1765 326 163 the the DET cblr-1765 326 164 filing filing NOUN cblr-1765 326 165 of of ADP cblr-1765 326 166 the the DET cblr-1765 326 167 chapter chapter NOUN cblr-1765 326 168 15 15 NUM cblr-1765 326 169 petition petition NOUN cblr-1765 326 170 . . PUNCT cblr-1765 327 1 indeed indeed ADV cblr-1765 327 2 , , PUNCT cblr-1765 327 3 we we PRON cblr-1765 327 4 see see VERB cblr-1765 327 5 no no DET cblr-1765 327 6 evidence evidence NOUN cblr-1765 327 7 to to PART cblr-1765 327 8 suggest suggest VERB cblr-1765 327 9 any any DET cblr-1765 327 10 change change NOUN cblr-1765 327 11 in in ADP cblr-1765 327 12 the the DET cblr-1765 327 13 location location NOUN cblr-1765 327 14 of of ADP cblr-1765 327 15 the the DET cblr-1765 327 16 funds fund NOUN cblr-1765 327 17 ’ ' PUNCT cblr-1765 327 18 comi comi NOUN cblr-1765 327 19 with with ADP cblr-1765 327 20 the the DET cblr-1765 327 21 commencement commencement NOUN cblr-1765 327 22 of of ADP cblr-1765 327 23 liquidation liquidation NOUN cblr-1765 327 24 proceedings proceeding NOUN cblr-1765 327 25 . . PUNCT cblr-1765 327 26 ” " PUNCT cblr-1765 327 27 ) ) PUNCT cblr-1765 327 28 . . PUNCT cblr-1765 328 1 69 69 NUM cblr-1765 328 2 in in ADP cblr-1765 328 3 re re PROPN cblr-1765 328 4 fairfield fairfield PROPN cblr-1765 328 5 sentry sentry PROPN cblr-1765 328 6 ltd ltd PROPN cblr-1765 328 7 . . PROPN cblr-1765 328 8 , , PUNCT cblr-1765 328 9 440 440 NUM cblr-1765 328 10 b.r b.r PROPN cblr-1765 328 11 . . PROPN cblr-1765 328 12 60 60 NUM cblr-1765 328 13 , , PUNCT cblr-1765 328 14 62 62 NUM cblr-1765 328 15 ( ( PUNCT cblr-1765 328 16 bankr bankr PROPN cblr-1765 328 17 . . PUNCT cblr-1765 329 1 s.d.n.y s.d.n.y PROPN cblr-1765 329 2 . . PROPN cblr-1765 329 3 2010 2010 NUM cblr-1765 329 4 ) ) PUNCT cblr-1765 329 5 ( ( PUNCT cblr-1765 329 6 “ " PUNCT cblr-1765 329 7 [ [ X cblr-1765 329 8 the the DET cblr-1765 329 9 objectants objectant NOUN cblr-1765 329 10 ] ] PUNCT cblr-1765 329 11 are be AUX cblr-1765 329 12 investors investor NOUN cblr-1765 329 13 in in ADP cblr-1765 329 14 sentry sentry NOUN cblr-1765 329 15 and and CCONJ cblr-1765 329 16 plaintiffs plaintiff NOUN cblr-1765 329 17 in in ADP cblr-1765 329 18 a a DET cblr-1765 329 19 putative putative ADJ cblr-1765 329 20 derivative derivative ADJ cblr-1765 329 21 action action NOUN cblr-1765 329 22 on on ADP cblr-1765 329 23 sentry sentry NOUN cblr-1765 329 24 ’s ’s PART cblr-1765 329 25 behalf behalf NOUN cblr-1765 329 26 in in ADP cblr-1765 329 27 new new PROPN cblr-1765 329 28 york york PROPN cblr-1765 329 29 state state PROPN cblr-1765 329 30 supreme supreme PROPN cblr-1765 329 31 court court PROPN cblr-1765 329 32 . . PUNCT cblr-1765 329 33 ” " PUNCT cblr-1765 329 34 ) ) PUNCT cblr-1765 329 35 . . PUNCT cblr-1765 330 1 70 70 NUM cblr-1765 331 1 i i PRON cblr-1765 331 2 d. d. NOUN cblr-1765 331 3 at at ADP cblr-1765 331 4 62–63 62–63 NUM cblr-1765 331 5 . . PUNCT cblr-1765 332 1 71 71 NUM cblr-1765 333 1 i i PRON cblr-1765 333 2 d. d. PROPN cblr-1765 333 3 at at ADP cblr-1765 333 4 64 64 NUM cblr-1765 333 5 . . PUNCT cblr-1765 334 1 upon upon SCONJ cblr-1765 334 2 revelation revelation NOUN cblr-1765 334 3 of of ADP cblr-1765 334 4 the the DET cblr-1765 334 5 madoff madoff PROPN cblr-1765 334 6 fraud fraud NOUN cblr-1765 334 7 in in ADP cblr-1765 334 8 december december PROPN cblr-1765 334 9 2008 2008 NUM cblr-1765 334 10 , , PUNCT cblr-1765 334 11 the the DET cblr-1765 334 12 debtor debtor NOUN cblr-1765 334 13 stopped stop VERB cblr-1765 334 14 transferring transfer VERB cblr-1765 334 15 funds fund NOUN cblr-1765 334 16 to to PART cblr-1765 334 17 bernard bernard PROPN cblr-1765 334 18 l. l. PROPN cblr-1765 334 19 madoff madoff PROPN cblr-1765 334 20 investment investment PROPN cblr-1765 334 21 securities securities PROPN cblr-1765 334 22 llc llc PROPN cblr-1765 334 23 , , PUNCT cblr-1765 334 24 severed sever VERB cblr-1765 334 25 contracts contract NOUN cblr-1765 334 26 , , PUNCT cblr-1765 334 27 and and CCONJ cblr-1765 334 28 transferred transfer VERB cblr-1765 334 29 control control NOUN cblr-1765 334 30 to to ADP cblr-1765 334 31 a a DET cblr-1765 334 32 litigation litigation NOUN cblr-1765 334 33 committee committee NOUN cblr-1765 334 34 . . PUNCT cblr-1765 335 1 i i PRON cblr-1765 335 2 d. d. PROPN cblr-1765 335 3 hallock hallock PROPN cblr-1765 335 4 – – PUNCT cblr-1765 335 5 final final ADJ cblr-1765 335 6 1096 1096 NUM cblr-1765 335 7 columbia columbia PROPN cblr-1765 335 8 business business NOUN cblr-1765 335 9 law law PROPN cblr-1765 335 10 review review NOUN cblr-1765 336 1 [ [ X cblr-1765 336 2 vol vol NOUN cblr-1765 336 3 . . NOUN cblr-1765 336 4 2015 2015 NUM cblr-1765 336 5 lodged lodge VERB cblr-1765 336 6 in in ADP cblr-1765 336 7 the the DET cblr-1765 336 8 bvi.72 bvi.72 NOUN cblr-1765 336 9 at at ADP cblr-1765 336 10 the the DET cblr-1765 336 11 time time NOUN cblr-1765 336 12 of of ADP cblr-1765 336 13 both both CCONJ cblr-1765 336 14 the the DET cblr-1765 336 15 commencement commencement NOUN cblr-1765 336 16 of of ADP cblr-1765 336 17 the the DET cblr-1765 336 18 bvi bvi PROPN cblr-1765 336 19 proceedings proceeding NOUN cblr-1765 336 20 and and CCONJ cblr-1765 336 21 the the DET cblr-1765 336 22 filing filing NOUN cblr-1765 336 23 of of ADP cblr-1765 336 24 the the DET cblr-1765 336 25 chapter chapter NOUN cblr-1765 336 26 15 15 NUM cblr-1765 336 27 petition petition NOUN cblr-1765 336 28 , , PUNCT cblr-1765 336 29 fairfield fairfield PROPN cblr-1765 336 30 sentry sentry PROPN cblr-1765 336 31 did do AUX cblr-1765 336 32 not not PART cblr-1765 336 33 have have VERB cblr-1765 336 34 a a DET cblr-1765 336 35 place place NOUN cblr-1765 336 36 of of ADP cblr-1765 336 37 business business NOUN cblr-1765 336 38 , , PUNCT cblr-1765 336 39 management management NOUN cblr-1765 336 40 , , PUNCT cblr-1765 336 41 or or CCONJ cblr-1765 336 42 any any DET cblr-1765 336 43 tangible tangible ADJ cblr-1765 336 44 assets asset NOUN cblr-1765 336 45 located locate VERB cblr-1765 336 46 in in ADP cblr-1765 336 47 the the DET cblr-1765 336 48 united united PROPN cblr-1765 336 49 states.73 states.73 PROPN cblr-1765 336 50 “ " PUNCT cblr-1765 336 51 rather rather ADV cblr-1765 336 52 , , PUNCT cblr-1765 336 53 the the DET cblr-1765 336 54 debtors debtor NOUN cblr-1765 336 55 ’ ’ PART cblr-1765 336 56 activities activity NOUN cblr-1765 336 57 for for ADP cblr-1765 336 58 an an DET cblr-1765 336 59 extended extended ADJ cblr-1765 336 60 period period NOUN cblr-1765 336 61 of of ADP cblr-1765 336 62 time time NOUN cblr-1765 336 63 [ [ X cblr-1765 336 64 had have AUX cblr-1765 336 65 ] ] PUNCT cblr-1765 336 66 been be AUX cblr-1765 336 67 conducted conduct VERB cblr-1765 336 68 only only ADV cblr-1765 336 69 in in ADP cblr-1765 336 70 connection connection NOUN cblr-1765 336 71 with with ADP cblr-1765 336 72 winding wind VERB cblr-1765 336 73 up up ADP cblr-1765 336 74 the the DET cblr-1765 336 75 debtors debtor NOUN cblr-1765 336 76 ’ ’ PART cblr-1765 336 77 business business NOUN cblr-1765 336 78 . . PUNCT cblr-1765 337 1 ”74 ”74 PUNCT cblr-1765 337 2 for for ADP cblr-1765 337 3 this this DET cblr-1765 337 4 reason reason NOUN cblr-1765 337 5 , , PUNCT cblr-1765 337 6 the the DET cblr-1765 337 7 court court NOUN cblr-1765 337 8 held hold VERB cblr-1765 337 9 that that SCONJ cblr-1765 337 10 the the DET cblr-1765 337 11 bvi bvi PROPN cblr-1765 337 12 was be AUX cblr-1765 337 13 the the DET cblr-1765 337 14 debtors debtor NOUN cblr-1765 337 15 ’ ’ PART cblr-1765 337 16 comi comi NOUN cblr-1765 337 17 and and CCONJ cblr-1765 337 18 granted grant VERB cblr-1765 337 19 recognition recognition NOUN cblr-1765 337 20 of of ADP cblr-1765 337 21 the the DET cblr-1765 337 22 foreign foreign ADJ cblr-1765 337 23 proceedings.75 proceedings.75 NOUN cblr-1765 337 24 the the DET cblr-1765 337 25 facts fact NOUN cblr-1765 337 26 of of ADP cblr-1765 337 27 in in ADP cblr-1765 337 28 re re ADJ cblr-1765 337 29 fairfield fairfield PROPN cblr-1765 337 30 sentry sentry PROPN cblr-1765 337 31 do do AUX cblr-1765 337 32 not not PART cblr-1765 337 33 shed shed VERB cblr-1765 337 34 light light NOUN cblr-1765 337 35 on on ADP cblr-1765 337 36 the the DET cblr-1765 337 37 breadth breadth NOUN cblr-1765 337 38 of of ADP cblr-1765 337 39 the the DET cblr-1765 337 40 court court NOUN cblr-1765 337 41 ’s ’s PART cblr-1765 337 42 temporality temporality NOUN cblr-1765 337 43 decision decision NOUN cblr-1765 337 44 . . PUNCT cblr-1765 338 1 the the DET cblr-1765 338 2 court court NOUN cblr-1765 338 3 held hold VERB cblr-1765 338 4 that that SCONJ cblr-1765 338 5 “ " PUNCT cblr-1765 338 6 [ [ X cblr-1765 338 7 u]nder u]nder ADP cblr-1765 338 8 these these DET cblr-1765 338 9 circumstances circumstance NOUN cblr-1765 338 10 , , PUNCT cblr-1765 338 11 it it PRON cblr-1765 338 12 is be AUX cblr-1765 338 13 appropriate appropriate ADJ cblr-1765 338 14 for for SCONJ cblr-1765 338 15 the the DET cblr-1765 338 16 court court NOUN cblr-1765 338 17 to to PART cblr-1765 338 18 consider consider VERB cblr-1765 338 19 this this DET cblr-1765 338 20 extended extended ADJ cblr-1765 338 21 period period NOUN cblr-1765 338 22 in in ADP cblr-1765 338 23 determining determine VERB cblr-1765 338 24 comi comi NOUN cblr-1765 338 25 . . PUNCT cblr-1765 339 1 ”76 ”76 PROPN cblr-1765 339 2 in in ADP cblr-1765 339 3 other other ADJ cblr-1765 339 4 words word NOUN cblr-1765 339 5 , , PUNCT cblr-1765 339 6 for for ADP cblr-1765 339 7 the the DET cblr-1765 339 8 specific specific ADJ cblr-1765 339 9 situation situation NOUN cblr-1765 339 10 where where SCONJ cblr-1765 339 11 a a DET cblr-1765 339 12 debtor debtor NOUN cblr-1765 339 13 ceases cease VERB cblr-1765 339 14 business business NOUN cblr-1765 339 15 activities activity NOUN cblr-1765 339 16 and and CCONJ cblr-1765 339 17 begins begin VERB cblr-1765 339 18 winding wind VERB cblr-1765 339 19 up up ADP cblr-1765 339 20 a a DET cblr-1765 339 21 corporation corporation NOUN cblr-1765 339 22 seven seven NUM cblr-1765 339 23 months month NOUN cblr-1765 339 24 before before ADP cblr-1765 339 25 foreign foreign ADJ cblr-1765 339 26 liquidation liquidation NOUN cblr-1765 339 27 proceedings proceeding NOUN cblr-1765 339 28 and and CCONJ cblr-1765 339 29 eighteen eighteen NUM cblr-1765 339 30 months month NOUN cblr-1765 339 31 before before ADP cblr-1765 339 32 filing file VERB cblr-1765 339 33 a a DET cblr-1765 339 34 chapter chapter NOUN cblr-1765 339 35 15 15 NUM cblr-1765 339 36 petition petition NOUN cblr-1765 339 37 , , PUNCT cblr-1765 339 38 it it PRON cblr-1765 339 39 is be AUX cblr-1765 339 40 appropriate appropriate ADJ cblr-1765 339 41 for for SCONJ cblr-1765 339 42 the the DET cblr-1765 339 43 court court NOUN cblr-1765 339 44 to to PART cblr-1765 339 45 consider consider VERB cblr-1765 339 46 its its PRON cblr-1765 339 47 liquidation liquidation NOUN cblr-1765 339 48 activities activity NOUN cblr-1765 339 49 in in ADP cblr-1765 339 50 making make VERB cblr-1765 339 51 a a DET cblr-1765 339 52 comi comi NOUN cblr-1765 339 53 determination determination NOUN cblr-1765 339 54 . . PUNCT cblr-1765 340 1 the the DET cblr-1765 340 2 court court NOUN cblr-1765 340 3 did do AUX cblr-1765 340 4 not not PART cblr-1765 340 5 announce announce VERB cblr-1765 340 6 categorical categorical ADJ cblr-1765 340 7 adoption adoption NOUN cblr-1765 340 8 of of ADP cblr-1765 340 9 the the DET cblr-1765 340 10 majority majority NOUN cblr-1765 340 11 approach approach NOUN cblr-1765 340 12 to to ADP cblr-1765 340 13 making make VERB cblr-1765 340 14 comi comi NOUN cblr-1765 340 15 determinations determination NOUN cblr-1765 340 16 . . PUNCT cblr-1765 341 1 in in ADP cblr-1765 341 2 fact fact NOUN cblr-1765 341 3 , , PUNCT cblr-1765 341 4 the the DET cblr-1765 341 5 court court NOUN cblr-1765 341 6 stated state VERB cblr-1765 341 7 , , PUNCT cblr-1765 341 8 “ " PUNCT cblr-1765 341 9 [ [ X cblr-1765 341 10 t]he t]he ADV cblr-1765 341 11 contentions contention NOUN cblr-1765 341 12 of of ADP cblr-1765 341 13 both both DET cblr-1765 341 14 parties party NOUN cblr-1765 341 15 [ [ X cblr-1765 341 16 about about ADP cblr-1765 341 17 the the DET cblr-1765 341 18 appropriate appropriate ADJ cblr-1765 341 19 temporality temporality NOUN cblr-1765 341 20 for for ADP cblr-1765 341 21 comi comi NOUN cblr-1765 341 22 analysis analysis NOUN cblr-1765 341 23 ] ] PUNCT cblr-1765 341 24 are be AUX cblr-1765 341 25 misplaced misplace VERB cblr-1765 341 26 , , PUNCT cblr-1765 341 27 72 72 NUM cblr-1765 341 28 i i PROPN cblr-1765 341 29 d. d. PROPN cblr-1765 341 30 ( ( PUNCT cblr-1765 341 31 “ " PUNCT cblr-1765 341 32 although although SCONJ cblr-1765 341 33 the the DET cblr-1765 341 34 debtors debtor NOUN cblr-1765 341 35 ’ ’ PART cblr-1765 341 36 assets asset NOUN cblr-1765 341 37 and and CCONJ cblr-1765 341 38 investors investor NOUN cblr-1765 341 39 are be AUX cblr-1765 341 40 international international ADJ cblr-1765 341 41 , , PUNCT cblr-1765 341 42 the the DET cblr-1765 341 43 facts fact NOUN cblr-1765 341 44 before before ADP cblr-1765 341 45 the the DET cblr-1765 341 46 court court NOUN cblr-1765 341 47 suggest suggest VERB cblr-1765 341 48 that that SCONJ cblr-1765 341 49 the the DET cblr-1765 341 50 debtors debtor NOUN cblr-1765 341 51 ’ ’ PART cblr-1765 341 52 most most ADV cblr-1765 341 53 feasible feasible ADJ cblr-1765 341 54 administrative administrative ADJ cblr-1765 341 55 ‘ ' PUNCT cblr-1765 341 56 nerve nerve NOUN cblr-1765 341 57 center center NOUN cblr-1765 341 58 ’ ' PUNCT cblr-1765 341 59 has have AUX cblr-1765 341 60 existed exist VERB cblr-1765 341 61 for for ADP cblr-1765 341 62 some some DET cblr-1765 341 63 time time NOUN cblr-1765 341 64 in in ADP cblr-1765 341 65 the the DET cblr-1765 341 66 bvi bvi NOUN cblr-1765 341 67 . . PUNCT cblr-1765 342 1 in in ADP cblr-1765 342 2 the the DET cblr-1765 342 3 approximately approximately ADV cblr-1765 342 4 7 7 NUM cblr-1765 342 5 months month NOUN cblr-1765 342 6 between between ADP cblr-1765 342 7 december december PROPN cblr-1765 342 8 2008 2008 NUM cblr-1765 342 9 and and CCONJ cblr-1765 342 10 the the DET cblr-1765 342 11 commencement commencement NOUN cblr-1765 342 12 of of ADP cblr-1765 342 13 the the DET cblr-1765 342 14 bvi bvi PROPN cblr-1765 342 15 liquidation liquidation NOUN cblr-1765 342 16 proceedings proceeding NOUN cblr-1765 342 17 , , PUNCT cblr-1765 342 18 an an DET cblr-1765 342 19 independent independent ADJ cblr-1765 342 20 litigation litigation PROPN cblr-1765 342 21 committee committee PROPN cblr-1765 342 22 governed govern VERB cblr-1765 342 23 sentry sentry NOUN cblr-1765 342 24 ’s ’s PART cblr-1765 342 25 affairs affair NOUN cblr-1765 342 26 . . PUNCT cblr-1765 343 1 this this DET cblr-1765 343 2 committee committee NOUN cblr-1765 343 3 was be AUX cblr-1765 343 4 comprised comprise VERB cblr-1765 343 5 of of ADP cblr-1765 343 6 non non ADJ cblr-1765 343 7 - - ADJ cblr-1765 343 8 united united ADJ cblr-1765 343 9 states states PROPN cblr-1765 343 10 - - PUNCT cblr-1765 343 11 based base VERB cblr-1765 343 12 directors director NOUN cblr-1765 343 13 , , PUNCT cblr-1765 343 14 and and CCONJ cblr-1765 343 15 the the DET cblr-1765 343 16 majority majority NOUN cblr-1765 343 17 of of ADP cblr-1765 343 18 its its PRON cblr-1765 343 19 administrative administrative ADJ cblr-1765 343 20 decisionmaking decisionmaking NOUN cblr-1765 343 21 originated originate VERB cblr-1765 343 22 in in ADP cblr-1765 343 23 the the DET cblr-1765 343 24 bvi bvi NOUN cblr-1765 343 25 . . PUNCT cblr-1765 343 26 ” " PUNCT cblr-1765 343 27 ) ) PUNCT cblr-1765 344 1 ( ( PUNCT cblr-1765 344 2 citation citation NOUN cblr-1765 344 3 omitted omit VERB cblr-1765 344 4 ) ) PUNCT cblr-1765 344 5 . . PUNCT cblr-1765 345 1 in in ADP cblr-1765 345 2 december december PROPN cblr-1765 345 3 2008 2008 NUM cblr-1765 345 4 fairfield fairfield PROPN cblr-1765 345 5 sentry sentry PROPN cblr-1765 345 6 ceased cease VERB cblr-1765 345 7 its its PRON cblr-1765 345 8 routine routine ADJ cblr-1765 345 9 operations operation NOUN cblr-1765 345 10 and and CCONJ cblr-1765 345 11 preemptively preemptively ADV cblr-1765 345 12 began begin VERB cblr-1765 345 13 winding wind VERB cblr-1765 345 14 down down ADP cblr-1765 345 15 the the DET cblr-1765 345 16 company company NOUN cblr-1765 345 17 in in ADP cblr-1765 345 18 anticipation anticipation NOUN cblr-1765 345 19 of of ADP cblr-1765 345 20 litigation litigation NOUN cblr-1765 345 21 . . PUNCT cblr-1765 346 1 see see VERB cblr-1765 346 2 in in ADP cblr-1765 346 3 re re PROPN cblr-1765 346 4 fairfield fairfield PROPN cblr-1765 346 5 sentry sentry PROPN cblr-1765 346 6 ltd ltd PROPN cblr-1765 346 7 . . PROPN cblr-1765 346 8 , , PUNCT cblr-1765 346 9 no no INTJ cblr-1765 346 10 . . PUNCT cblr-1765 346 11 10 10 NUM cblr-1765 346 12 civ civ NOUN cblr-1765 346 13 . . PUNCT cblr-1765 347 1 7311 7311 NUM cblr-1765 347 2 , , PUNCT cblr-1765 347 3 2011 2011 NUM cblr-1765 347 4 wl wl NOUN cblr-1765 347 5 4357421 4357421 NUM cblr-1765 347 6 , , PUNCT cblr-1765 347 7 at at ADP cblr-1765 347 8 * * NOUN cblr-1765 347 9 1 1 NUM cblr-1765 347 10 ( ( PUNCT cblr-1765 347 11 s.d.n.y s.d.n.y PROPN cblr-1765 347 12 . . PUNCT cblr-1765 347 13 sept sept PROPN cblr-1765 347 14 . . PROPN cblr-1765 347 15 16 16 NUM cblr-1765 347 16 , , PUNCT cblr-1765 347 17 2011 2011 NUM cblr-1765 347 18 ) ) PUNCT cblr-1765 347 19 . . PUNCT cblr-1765 348 1 73 73 NUM cblr-1765 349 1 in in ADP cblr-1765 349 2 re re PROPN cblr-1765 349 3 fairfield fairfield PROPN cblr-1765 349 4 sentry sentry PROPN cblr-1765 349 5 , , PUNCT cblr-1765 349 6 440 440 NUM cblr-1765 349 7 b.r b.r PROPN cblr-1765 349 8 . . PROPN cblr-1765 349 9 at at ADP cblr-1765 349 10 64 64 NUM cblr-1765 349 11 . . PUNCT cblr-1765 350 1 74 74 NUM cblr-1765 351 1 i i PRON cblr-1765 351 2 d. d. PROPN cblr-1765 351 3 75 75 NUM cblr-1765 352 1 i i PRON cblr-1765 352 2 d. d. PROPN cblr-1765 352 3 76 76 NUM cblr-1765 353 1 i i PROPN cblr-1765 353 2 d. d. PROPN cblr-1765 353 3 hallock hallock PROPN cblr-1765 353 4 – – PUNCT cblr-1765 353 5 final final ADJ cblr-1765 353 6 no no NOUN cblr-1765 353 7 . . PUNCT cblr-1765 354 1 3:1074 3:1074 NUM cblr-1765 354 2 ] ] PUNCT cblr-1765 354 3 time time NOUN cblr-1765 354 4 out out ADP cblr-1765 354 5 1097 1097 NUM cblr-1765 354 6 as as ADP cblr-1765 354 7 a a DET cblr-1765 354 8 review review NOUN cblr-1765 354 9 of of ADP cblr-1765 354 10 the the DET cblr-1765 354 11 relevant relevant ADJ cblr-1765 354 12 factors factor NOUN cblr-1765 354 13 places place VERB cblr-1765 354 14 the the DET cblr-1765 354 15 comi comi NOUN cblr-1765 354 16 focus focus VERB cblr-1765 354 17 in in ADP cblr-1765 354 18 the the DET cblr-1765 354 19 bvi bvi PROPN cblr-1765 354 20 for for ADP cblr-1765 354 21 the the DET cblr-1765 354 22 preand preand NOUN cblr-1765 354 23 post post ADJ cblr-1765 354 24 - - ADJ cblr-1765 354 25 liquidation liquidation ADJ cblr-1765 354 26 periods period NOUN cblr-1765 354 27 . . PUNCT cblr-1765 354 28 ”77 ”77 NOUN cblr-1765 354 29 accordingly accordingly ADV cblr-1765 354 30 , , PUNCT cblr-1765 354 31 the the DET cblr-1765 354 32 bankruptcy bankruptcy NOUN cblr-1765 354 33 court court NOUN cblr-1765 354 34 perhaps perhaps ADV cblr-1765 354 35 never never ADV cblr-1765 354 36 intended intend VERB cblr-1765 354 37 its its PRON cblr-1765 354 38 ruling ruling NOUN cblr-1765 354 39 to to PART cblr-1765 354 40 universally universally ADV cblr-1765 354 41 adopt adopt VERB cblr-1765 354 42 the the DET cblr-1765 354 43 filing filing NOUN cblr-1765 354 44 of of ADP cblr-1765 354 45 the the DET cblr-1765 354 46 chapter chapter NOUN cblr-1765 354 47 15 15 NUM cblr-1765 354 48 petition petition NOUN cblr-1765 354 49 as as ADP cblr-1765 354 50 the the DET cblr-1765 354 51 pertinent pertinent ADJ cblr-1765 354 52 time time NOUN cblr-1765 354 53 for for ADP cblr-1765 354 54 comi comi NOUN cblr-1765 354 55 analysis analysis NOUN cblr-1765 354 56 . . PUNCT cblr-1765 355 1 nevertheless nevertheless ADV cblr-1765 355 2 , , PUNCT cblr-1765 355 3 on on ADP cblr-1765 355 4 appeal appeal NOUN cblr-1765 355 5 , , PUNCT cblr-1765 355 6 the the DET cblr-1765 355 7 sdny sdny ADJ cblr-1765 355 8 and and CCONJ cblr-1765 355 9 later later ADV cblr-1765 355 10 , , PUNCT cblr-1765 355 11 the the DET cblr-1765 355 12 united united PROPN cblr-1765 355 13 states states PROPN cblr-1765 355 14 court court PROPN cblr-1765 355 15 of of ADP cblr-1765 355 16 appeals appeal NOUN cblr-1765 355 17 for for ADP cblr-1765 355 18 the the DET cblr-1765 355 19 second second ADJ cblr-1765 355 20 circuit circuit NOUN cblr-1765 355 21 ( ( PUNCT cblr-1765 355 22 “ " PUNCT cblr-1765 355 23 court court NOUN cblr-1765 355 24 of of ADP cblr-1765 355 25 appeals appeal NOUN cblr-1765 355 26 ” " PUNCT cblr-1765 355 27 ) ) PUNCT cblr-1765 355 28 seized seize VERB cblr-1765 355 29 in in ADP cblr-1765 355 30 re re ADJ cblr-1765 355 31 fairfield fairfield PROPN cblr-1765 355 32 sentry sentry PROPN cblr-1765 355 33 as as ADP cblr-1765 355 34 an an DET cblr-1765 355 35 opportunity opportunity NOUN cblr-1765 355 36 to to PART cblr-1765 355 37 speak speak VERB cblr-1765 355 38 definitively definitively ADV cblr-1765 355 39 on on ADP cblr-1765 355 40 the the DET cblr-1765 355 41 majority majority NOUN cblr-1765 355 42 - - PUNCT cblr-1765 355 43 minority minority NOUN cblr-1765 355 44 divergence divergence NOUN cblr-1765 355 45 on on ADP cblr-1765 355 46 the the DET cblr-1765 355 47 temporality temporality NOUN cblr-1765 355 48 of of ADP cblr-1765 355 49 comi comi NOUN cblr-1765 355 50 analysis analysis NOUN cblr-1765 355 51 in in ADP cblr-1765 355 52 the the DET cblr-1765 355 53 second second ADJ cblr-1765 355 54 circuit circuit NOUN cblr-1765 355 55 . . PUNCT cblr-1765 356 1 d. d. PROPN cblr-1765 356 2 in in ADP cblr-1765 356 3 re re PROPN cblr-1765 356 4 fairfield fairfield PROPN cblr-1765 356 5 sentry sentry PROPN cblr-1765 356 6 in in ADP cblr-1765 356 7 the the DET cblr-1765 356 8 court court NOUN cblr-1765 356 9 of of ADP cblr-1765 356 10 appeals appeal NOUN cblr-1765 356 11 for for ADP cblr-1765 356 12 the the DET cblr-1765 356 13 second second ADJ cblr-1765 356 14 circuit circuit NOUN cblr-1765 356 15 on on ADP cblr-1765 356 16 appeal appeal NOUN cblr-1765 356 17 before before ADP cblr-1765 356 18 the the DET cblr-1765 356 19 sdny sdny ADJ cblr-1765 356 20 , , PUNCT cblr-1765 356 21 appellants appellant NOUN cblr-1765 356 22 claimed claim VERB cblr-1765 356 23 that that SCONJ cblr-1765 356 24 the the DET cblr-1765 356 25 bankruptcy bankruptcy NOUN cblr-1765 356 26 court court NOUN cblr-1765 356 27 erred err VERB cblr-1765 356 28 in in ADP cblr-1765 356 29 considering consider VERB cblr-1765 356 30 fairfield fairfield PROPN cblr-1765 356 31 sentry sentry PROPN cblr-1765 356 32 ’s ’s PART cblr-1765 356 33 liquidation liquidation NOUN cblr-1765 356 34 activities activity NOUN cblr-1765 356 35 and and CCONJ cblr-1765 356 36 that that SCONJ cblr-1765 356 37 its its PRON cblr-1765 356 38 prior prior ADJ cblr-1765 356 39 eighteen eighteen NUM cblr-1765 356 40 years year NOUN cblr-1765 356 41 of of ADP cblr-1765 356 42 operations operation NOUN cblr-1765 356 43 in in ADP cblr-1765 356 44 new new PROPN cblr-1765 356 45 york york PROPN cblr-1765 356 46 required require VERB cblr-1765 356 47 a a DET cblr-1765 356 48 finding finding NOUN cblr-1765 356 49 that that SCONJ cblr-1765 356 50 new new PROPN cblr-1765 356 51 york york PROPN cblr-1765 356 52 was be AUX cblr-1765 356 53 its its PRON cblr-1765 356 54 comi.78 comi.78 NOUN cblr-1765 356 55 in in ADP cblr-1765 356 56 contrast contrast NOUN cblr-1765 356 57 to to ADP cblr-1765 356 58 its its PRON cblr-1765 356 59 ruling ruling NOUN cblr-1765 356 60 in in ADP cblr-1765 356 61 in in ADP cblr-1765 356 62 re re PROPN cblr-1765 356 63 millennium millennium NOUN cblr-1765 356 64 global global ADJ cblr-1765 356 65 , , PUNCT cblr-1765 356 66 the the DET cblr-1765 356 67 sdny sdny PROPN cblr-1765 356 68 ’s ’s NOUN cblr-1765 356 69 ruling ruling NOUN cblr-1765 356 70 in in ADP cblr-1765 356 71 in in ADP cblr-1765 356 72 re re PROPN cblr-1765 356 73 fairfield fairfield PROPN cblr-1765 356 74 sentry sentry PROPN cblr-1765 356 75 addressed address VERB cblr-1765 356 76 the the DET cblr-1765 356 77 appropriate appropriate ADJ cblr-1765 356 78 temporality temporality NOUN cblr-1765 356 79 of of ADP cblr-1765 356 80 comi comi NOUN cblr-1765 356 81 determinations.79 determinations.79 NOUN cblr-1765 356 82 the the DET cblr-1765 356 83 court court NOUN cblr-1765 356 84 held hold VERB cblr-1765 356 85 that that SCONJ cblr-1765 356 86 “ " PUNCT cblr-1765 356 87 the the DET cblr-1765 356 88 bankruptcy bankruptcy NOUN cblr-1765 356 89 court court NOUN cblr-1765 356 90 appropriately appropriately ADV cblr-1765 356 91 considered consider VERB cblr-1765 356 92 the the DET cblr-1765 356 93 time time NOUN cblr-1765 356 94 at at ADP cblr-1765 356 95 and and CCONJ cblr-1765 356 96 around around ADP cblr-1765 356 97 sentry sentry NOUN cblr-1765 356 98 ’s ’s PART cblr-1765 356 99 chapter chapter NOUN cblr-1765 356 100 15 15 NUM cblr-1765 356 101 filing filing NOUN cblr-1765 356 102 in in ADP cblr-1765 356 103 determining determine VERB cblr-1765 356 104 sentry sentry NOUN cblr-1765 356 105 ’s ’s PART cblr-1765 356 106 comi comi NOUN cblr-1765 356 107 . . PUNCT cblr-1765 357 1 ”80 ”80 PROPN cblr-1765 357 2 the the DET cblr-1765 357 3 court court NOUN cblr-1765 357 4 then then ADV cblr-1765 357 5 affirmed affirm VERB cblr-1765 357 6 recognition recognition NOUN cblr-1765 357 7 of of ADP cblr-1765 357 8 the the DET cblr-1765 357 9 bvi bvi PROPN cblr-1765 357 10 proceedings.81 proceedings.81 NOUN cblr-1765 357 11 unlike unlike ADP cblr-1765 357 12 the the DET cblr-1765 357 13 sdny sdny ADJ cblr-1765 357 14 opinion opinion NOUN cblr-1765 357 15 , , PUNCT cblr-1765 357 16 which which PRON cblr-1765 357 17 did do AUX cblr-1765 357 18 not not PART cblr-1765 357 19 reference reference VERB cblr-1765 357 20 the the DET cblr-1765 357 21 bankruptcy bankruptcy NOUN cblr-1765 357 22 court court NOUN cblr-1765 357 23 ’s ’s PART cblr-1765 357 24 application application NOUN cblr-1765 357 25 of of ADP cblr-1765 357 26 the the DET cblr-1765 357 27 minority minority NOUN cblr-1765 357 28 approach approach NOUN cblr-1765 357 29 in in ADP cblr-1765 357 30 in in ADP cblr-1765 357 31 re re PROPN cblr-1765 357 32 millennium millennium NOUN cblr-1765 357 33 global global ADJ cblr-1765 357 34 , , PUNCT cblr-1765 357 35 the the DET cblr-1765 357 36 court court NOUN cblr-1765 357 37 of of ADP cblr-1765 357 38 appeals appeal NOUN cblr-1765 357 39 seized seize VERB cblr-1765 357 40 in in ADP cblr-1765 357 41 re re ADJ cblr-1765 357 42 fairfield fairfield PROPN cblr-1765 357 43 sentry sentry PROPN cblr-1765 357 44 as as ADP cblr-1765 357 45 an an DET cblr-1765 357 46 opportunity opportunity NOUN cblr-1765 357 47 to to PART cblr-1765 357 48 discuss discuss VERB cblr-1765 357 49 the the DET cblr-1765 357 50 relative relative ADJ cblr-1765 357 51 merits merit NOUN cblr-1765 357 52 of of ADP cblr-1765 357 53 the the DET cblr-1765 357 54 two two NUM cblr-1765 357 55 approaches approach NOUN cblr-1765 357 56 to to ADP cblr-1765 357 57 temporality temporality NOUN cblr-1765 357 58 . . PUNCT cblr-1765 358 1 it it PRON cblr-1765 358 2 conclusively conclusively ADV cblr-1765 358 3 77 77 NUM cblr-1765 358 4 i i PRON cblr-1765 358 5 d. d. PROPN cblr-1765 358 6 at at ADP cblr-1765 358 7 63 63 NUM cblr-1765 358 8 . . PUNCT cblr-1765 358 9 78 78 NUM cblr-1765 358 10 in in ADP cblr-1765 358 11 re re PROPN cblr-1765 358 12 fairfield fairfield PROPN cblr-1765 358 13 sentry sentry PROPN cblr-1765 358 14 ltd ltd PROPN cblr-1765 358 15 . . PROPN cblr-1765 358 16 , , PUNCT cblr-1765 358 17 no no INTJ cblr-1765 358 18 . . PUNCT cblr-1765 358 19 10 10 NUM cblr-1765 358 20 civ civ NOUN cblr-1765 358 21 . . PUNCT cblr-1765 358 22 7311 7311 NUM cblr-1765 358 23 , , PUNCT cblr-1765 358 24 2011 2011 NUM cblr-1765 358 25 wl wl NOUN cblr-1765 358 26 4357421 4357421 NUM cblr-1765 358 27 , , PUNCT cblr-1765 358 28 at at ADP cblr-1765 358 29 * * NUM cblr-1765 358 30 4 4 NUM cblr-1765 358 31 ( ( PUNCT cblr-1765 358 32 s.d.n.y s.d.n.y PROPN cblr-1765 358 33 . . PUNCT cblr-1765 358 34 sept sept PROPN cblr-1765 358 35 . . PROPN cblr-1765 358 36 16 16 NUM cblr-1765 358 37 , , PUNCT cblr-1765 358 38 2011 2011 NUM cblr-1765 358 39 ) ) PUNCT cblr-1765 358 40 . . PUNCT cblr-1765 359 1 79 79 NUM cblr-1765 359 2 see see VERB cblr-1765 359 3 i i PRON cblr-1765 359 4 d. d. PROPN cblr-1765 359 5 at at ADP cblr-1765 359 6 * * PROPN cblr-1765 359 7 6 6 NUM cblr-1765 359 8 . . PUNCT cblr-1765 360 1 interestingly interestingly ADV cblr-1765 360 2 , , PUNCT cblr-1765 360 3 the the DET cblr-1765 360 4 sdny sdny ADJ cblr-1765 360 5 opinion opinion NOUN cblr-1765 360 6 did do AUX cblr-1765 360 7 not not PART cblr-1765 360 8 reference reference VERB cblr-1765 360 9 the the DET cblr-1765 360 10 bankruptcy bankruptcy NOUN cblr-1765 360 11 court court NOUN cblr-1765 360 12 ’s ’s PART cblr-1765 360 13 application application NOUN cblr-1765 360 14 of of ADP cblr-1765 360 15 the the DET cblr-1765 360 16 minority minority NOUN cblr-1765 360 17 approach approach NOUN cblr-1765 360 18 to to ADP cblr-1765 360 19 temporality temporality NOUN cblr-1765 360 20 in in ADP cblr-1765 360 21 in in ADP cblr-1765 360 22 re re PROPN cblr-1765 360 23 millennium millennium NOUN cblr-1765 360 24 global global ADJ cblr-1765 360 25 from from ADP cblr-1765 360 26 the the DET cblr-1765 360 27 preceding precede VERB cblr-1765 360 28 month month NOUN cblr-1765 360 29 . . PUNCT cblr-1765 361 1 80 80 NUM cblr-1765 362 1 i i PRON cblr-1765 362 2 d. d. PROPN cblr-1765 362 3 81 81 NUM cblr-1765 363 1 i i PRON cblr-1765 363 2 d. d. PROPN cblr-1765 363 3 at at ADP cblr-1765 363 4 * * PROPN cblr-1765 363 5 1 1 NUM cblr-1765 363 6 . . PUNCT cblr-1765 364 1 hallock hallock NOUN cblr-1765 364 2 – – PUNCT cblr-1765 364 3 final final ADJ cblr-1765 364 4 1098 1098 NUM cblr-1765 364 5 columbia columbia PROPN cblr-1765 364 6 business business NOUN cblr-1765 364 7 law law PROPN cblr-1765 364 8 review review NOUN cblr-1765 364 9 [ [ X cblr-1765 364 10 vol vol NOUN cblr-1765 364 11 . . NOUN cblr-1765 364 12 2015 2015 NUM cblr-1765 364 13 adopted adopt VERB cblr-1765 364 14 the the DET cblr-1765 364 15 majority majority NOUN cblr-1765 364 16 approach approach NOUN cblr-1765 364 17 as as ADP cblr-1765 364 18 the the DET cblr-1765 364 19 universal universal ADJ cblr-1765 364 20 standard standard NOUN cblr-1765 364 21 for for ADP cblr-1765 364 22 the the DET cblr-1765 364 23 second second ADJ cblr-1765 364 24 circuit circuit NOUN cblr-1765 364 25 . . PUNCT cblr-1765 365 1 in in ADP cblr-1765 365 2 ruling rule VERB cblr-1765 365 3 for for ADP cblr-1765 365 4 the the DET cblr-1765 365 5 majority majority NOUN cblr-1765 365 6 approach approach NOUN cblr-1765 365 7 , , PUNCT cblr-1765 365 8 the the DET cblr-1765 365 9 court court NOUN cblr-1765 365 10 of of ADP cblr-1765 365 11 appeals appeal NOUN cblr-1765 365 12 considered consider VERB cblr-1765 365 13 many many ADJ cblr-1765 365 14 of of ADP cblr-1765 365 15 the the DET cblr-1765 365 16 same same ADJ cblr-1765 365 17 sources source NOUN cblr-1765 365 18 as as ADP cblr-1765 365 19 the the DET cblr-1765 365 20 in in ADP cblr-1765 365 21 re re NOUN cblr-1765 365 22 millennium millennium PROPN cblr-1765 365 23 global global ADJ cblr-1765 365 24 court court NOUN cblr-1765 365 25 — — PUNCT cblr-1765 365 26 namely namely ADV cblr-1765 365 27 the the DET cblr-1765 365 28 text text NOUN cblr-1765 365 29 of of ADP cblr-1765 365 30 chapter chapter NOUN cblr-1765 365 31 15 15 NUM cblr-1765 365 32 , , PUNCT cblr-1765 365 33 international international ADJ cblr-1765 365 34 sources source NOUN cblr-1765 365 35 , , PUNCT cblr-1765 365 36 and and CCONJ cblr-1765 365 37 guidance guidance NOUN cblr-1765 365 38 from from ADP cblr-1765 365 39 other other ADJ cblr-1765 365 40 federal federal ADJ cblr-1765 365 41 courts.82 courts.82 PROPN cblr-1765 365 42 first first ADV cblr-1765 365 43 , , PUNCT cblr-1765 365 44 the the DET cblr-1765 365 45 court court NOUN cblr-1765 365 46 of of ADP cblr-1765 365 47 appeals appeals PROPN cblr-1765 365 48 noted note VERB cblr-1765 365 49 that that SCONJ cblr-1765 365 50 the the DET cblr-1765 365 51 present present ADJ cblr-1765 365 52 tense tense NOUN cblr-1765 365 53 of of ADP cblr-1765 365 54 § § PROPN cblr-1765 365 55 1517 1517 NUM cblr-1765 365 56 — — PUNCT cblr-1765 365 57 a a DET cblr-1765 365 58 “ " PUNCT cblr-1765 365 59 foreign foreign ADJ cblr-1765 365 60 proceeding proceeding NOUN cblr-1765 365 61 shall shall AUX cblr-1765 365 62 be be AUX cblr-1765 365 63 recognized recognize VERB cblr-1765 365 64 . . PUNCT cblr-1765 365 65 . . PUNCT cblr-1765 366 1 . . PUNCT cblr-1765 367 1 if if SCONJ cblr-1765 367 2 it it PRON cblr-1765 367 3 is be AUX cblr-1765 367 4 pending pende VERB cblr-1765 367 5 in in ADP cblr-1765 367 6 the the DET cblr-1765 367 7 country country NOUN cblr-1765 367 8 where where SCONJ cblr-1765 367 9 the the DET cblr-1765 367 10 debtor debtor NOUN cblr-1765 367 11 has have VERB cblr-1765 367 12 the the DET cblr-1765 367 13 center center NOUN cblr-1765 367 14 of of ADP cblr-1765 367 15 its its PRON cblr-1765 367 16 main main ADJ cblr-1765 367 17 interests”—suggests interests”—suggest NOUN cblr-1765 367 18 a a DET cblr-1765 367 19 court court NOUN cblr-1765 367 20 should should AUX cblr-1765 367 21 examine examine VERB cblr-1765 367 22 a a DET cblr-1765 367 23 debtor debtor NOUN cblr-1765 367 24 ’s ’s PART cblr-1765 367 25 comi comi NOUN cblr-1765 367 26 at at ADP cblr-1765 367 27 the the DET cblr-1765 367 28 time time NOUN cblr-1765 367 29 of of ADP cblr-1765 367 30 the the DET cblr-1765 367 31 filing filing NOUN cblr-1765 367 32 of of ADP cblr-1765 367 33 the the DET cblr-1765 367 34 chapter chapter NOUN cblr-1765 367 35 15 15 NUM cblr-1765 367 36 petition.83 petition.83 PROPN cblr-1765 367 37 “ " PUNCT cblr-1765 367 38 a a DET cblr-1765 367 39 foreign foreign ADJ cblr-1765 367 40 proceeding proceeding NOUN cblr-1765 367 41 ‘ ' PUNCT cblr-1765 367 42 is be AUX cblr-1765 367 43 pending pende VERB cblr-1765 367 44 ’ ' PUNCT cblr-1765 367 45 only only ADV cblr-1765 367 46 after after SCONJ cblr-1765 367 47 it it PRON cblr-1765 367 48 has have AUX cblr-1765 367 49 been be AUX cblr-1765 367 50 commenced commence VERB cblr-1765 367 51 . . PUNCT cblr-1765 367 52 . . PUNCT cblr-1765 367 53 . . PUNCT cblr-1765 367 54 . . PUNCT cblr-1765 368 1 [ [ X cblr-1765 368 2 t]herefore t]herefore X cblr-1765 368 3 , , PUNCT cblr-1765 368 4 the the DET cblr-1765 368 5 filing filing NOUN cblr-1765 368 6 date date NOUN cblr-1765 368 7 of of ADP cblr-1765 368 8 the the DET cblr-1765 368 9 chapter chapter NOUN cblr-1765 368 10 15 15 NUM cblr-1765 368 11 petition petition NOUN cblr-1765 368 12 should should AUX cblr-1765 368 13 serve serve VERB cblr-1765 368 14 to to PART cblr-1765 368 15 anchor anchor VERB cblr-1765 368 16 the the DET cblr-1765 368 17 comi comi NOUN cblr-1765 368 18 analysis analysis NOUN cblr-1765 368 19 . . PUNCT cblr-1765 369 1 ”84 ”84 NOUN cblr-1765 369 2 the the DET cblr-1765 369 3 court court NOUN cblr-1765 369 4 of of ADP cblr-1765 369 5 appeals appeal NOUN cblr-1765 369 6 similarly similarly ADV cblr-1765 369 7 dispensed dispense VERB cblr-1765 369 8 with with ADP cblr-1765 369 9 the the DET cblr-1765 369 10 in in ADP cblr-1765 369 11 re re NOUN cblr-1765 369 12 millennium millennium PROPN cblr-1765 369 13 global global PROPN cblr-1765 369 14 court court PROPN cblr-1765 369 15 ’s ’s PART cblr-1765 369 16 emphasis emphasis NOUN cblr-1765 369 17 on on ADP cblr-1765 369 18 the the DET cblr-1765 369 19 sources source NOUN cblr-1765 369 20 underlying underlie VERB cblr-1765 369 21 chapter chapter NOUN cblr-1765 369 22 15 15 NUM cblr-1765 369 23 . . PUNCT cblr-1765 370 1 while while SCONJ cblr-1765 370 2 § § PROPN cblr-1765 370 3 304 304 NUM cblr-1765 370 4 did do AUX cblr-1765 370 5 provide provide VERB cblr-1765 370 6 for for ADP cblr-1765 370 7 a a DET cblr-1765 370 8 debtor debtor NOUN cblr-1765 370 9 ’s ’s PART cblr-1765 370 10 principal principal ADJ cblr-1765 370 11 place place NOUN cblr-1765 370 12 of of ADP cblr-1765 370 13 business business NOUN cblr-1765 370 14 to to PART cblr-1765 370 15 be be AUX cblr-1765 370 16 determined determine VERB cblr-1765 370 17 at at ADP cblr-1765 370 18 the the DET cblr-1765 370 19 time time NOUN cblr-1765 370 20 of of ADP cblr-1765 370 21 the the DET cblr-1765 370 22 commencement commencement NOUN cblr-1765 370 23 of of ADP cblr-1765 370 24 the the DET cblr-1765 370 25 foreign foreign ADJ cblr-1765 370 26 proceeding proceeding NOUN cblr-1765 370 27 , , PUNCT cblr-1765 370 28 the the DET cblr-1765 370 29 court court NOUN cblr-1765 370 30 of of ADP cblr-1765 370 31 appeals appeals PROPN cblr-1765 370 32 noted note VERB cblr-1765 370 33 that that SCONJ cblr-1765 370 34 “ " PUNCT cblr-1765 370 35 congress congress PROPN cblr-1765 370 36 abandoned abandon VERB cblr-1765 370 37 that that DET cblr-1765 370 38 provision provision NOUN cblr-1765 370 39 in in ADP cblr-1765 370 40 enacting enact VERB cblr-1765 370 41 chapter chapter NOUN cblr-1765 370 42 15.”85 15.”85 NUM cblr-1765 370 43 the the DET cblr-1765 370 44 court court NOUN cblr-1765 370 45 of of ADP cblr-1765 370 46 appeals appeal NOUN cblr-1765 370 47 further far ADV cblr-1765 370 48 noted note VERB cblr-1765 370 49 that that SCONJ cblr-1765 370 50 the the DET cblr-1765 370 51 drafters drafter NOUN cblr-1765 370 52 of of ADP cblr-1765 370 53 chapter chapter NOUN cblr-1765 370 54 15 15 NUM cblr-1765 370 55 deliberately deliberately ADV cblr-1765 370 56 selected select VERB cblr-1765 370 57 the the DET cblr-1765 370 58 term term NOUN cblr-1765 370 59 “ " PUNCT cblr-1765 370 60 center center NOUN cblr-1765 370 61 of of ADP cblr-1765 370 62 main main ADJ cblr-1765 370 63 interests interest NOUN cblr-1765 370 64 ” " PUNCT cblr-1765 370 65 instead instead ADV cblr-1765 370 66 of of ADP cblr-1765 370 67 incorporating incorporate VERB cblr-1765 370 68 the the DET cblr-1765 370 69 more more ADV cblr-1765 370 70 familiar familiar ADJ cblr-1765 370 71 “ " PUNCT cblr-1765 370 72 principal principal ADJ cblr-1765 370 73 place place NOUN cblr-1765 370 74 of of ADP cblr-1765 370 75 business business NOUN cblr-1765 370 76 . . PUNCT cblr-1765 370 77 ” " PUNCT cblr-1765 371 1 this this PRON cblr-1765 371 2 indicated indicate VERB cblr-1765 371 3 their their PRON cblr-1765 371 4 intention intention NOUN cblr-1765 371 5 that that SCONJ cblr-1765 371 6 chapter chapter NOUN cblr-1765 371 7 15 15 NUM cblr-1765 371 8 deviate deviate NOUN cblr-1765 371 9 from from ADP cblr-1765 371 10 its its PRON cblr-1765 371 11 predecessor.86 predecessor.86 NOUN cblr-1765 371 12 next next ADV cblr-1765 371 13 , , PUNCT cblr-1765 371 14 the the DET cblr-1765 371 15 court court NOUN cblr-1765 371 16 of of ADP cblr-1765 371 17 appeals appeals PROPN cblr-1765 371 18 suggested suggest VERB cblr-1765 371 19 that that SCONJ cblr-1765 371 20 the the DET cblr-1765 371 21 in in ADP cblr-1765 371 22 re re NOUN cblr-1765 371 23 millennium millennium PROPN cblr-1765 371 24 global global PROPN cblr-1765 371 25 court court PROPN cblr-1765 371 26 ’s ’s PART cblr-1765 371 27 reference reference NOUN cblr-1765 371 28 to to ADP cblr-1765 371 29 the the DET cblr-1765 371 30 european european PROPN cblr-1765 371 31 union union PROPN cblr-1765 371 32 council council PROPN cblr-1765 371 33 regulation regulation NOUN cblr-1765 371 34 enacting enact VERB cblr-1765 371 35 the the DET cblr-1765 371 36 convention convention NOUN cblr-1765 371 37 on on ADP cblr-1765 371 38 insolvency insolvency NOUN cblr-1765 371 39 proceedings proceeding NOUN cblr-1765 371 40 was be AUX cblr-1765 371 41 also also ADV cblr-1765 371 42 inapposite inapposite ADJ cblr-1765 371 43 . . PUNCT cblr-1765 372 1 “ " PUNCT cblr-1765 372 2 under under ADP cblr-1765 372 3 the the DET cblr-1765 372 4 eu eu PROPN cblr-1765 372 5 regulation regulation NOUN cblr-1765 372 6 , , PUNCT cblr-1765 372 7 a a DET cblr-1765 372 8 main main ADJ cblr-1765 372 9 insolvency insolvency NOUN cblr-1765 372 10 proceeding proceeding NOUN cblr-1765 372 11 in in ADP cblr-1765 372 12 one one NUM cblr-1765 372 13 eu eu PROPN cblr-1765 372 14 member member NOUN cblr-1765 372 15 state state NOUN cblr-1765 372 16 is be AUX cblr-1765 372 17 automatically automatically ADV cblr-1765 372 18 recognized recognize VERB cblr-1765 372 19 by by ADP cblr-1765 372 20 all all DET cblr-1765 372 21 other other ADJ cblr-1765 372 22 eu eu PROPN cblr-1765 372 23 member member NOUN cblr-1765 372 24 states state NOUN cblr-1765 372 25 . . PUNCT cblr-1765 373 1 so so ADV cblr-1765 373 2 82 82 NUM cblr-1765 373 3 in in ADP cblr-1765 373 4 re re PROPN cblr-1765 373 5 fairfield fairfield PROPN cblr-1765 373 6 sentry sentry PROPN cblr-1765 373 7 ltd ltd PROPN cblr-1765 373 8 . . PROPN cblr-1765 373 9 , , PUNCT cblr-1765 373 10 714 714 NUM cblr-1765 373 11 f.3d f.3d NUM cblr-1765 373 12 127 127 NUM cblr-1765 373 13 , , PUNCT cblr-1765 373 14 133 133 NUM cblr-1765 373 15 ( ( PUNCT cblr-1765 373 16 2d 2d NUM cblr-1765 373 17 cir cir NOUN cblr-1765 373 18 . . PUNCT cblr-1765 373 19 2013 2013 NUM cblr-1765 373 20 ) ) PUNCT cblr-1765 373 21 . . PUNCT cblr-1765 374 1 83 83 NUM cblr-1765 375 1 i i PRON cblr-1765 375 2 d. d. PROPN cblr-1765 375 3 ( ( PUNCT cblr-1765 375 4 citing cite VERB cblr-1765 375 5 11 11 NUM cblr-1765 375 6 u.s.c u.s.c ADJ cblr-1765 375 7 . . PUNCT cblr-1765 376 1 § § PROPN cblr-1765 376 2 1517(b)(1 1517(b)(1 NUM cblr-1765 376 3 ) ) PUNCT cblr-1765 376 4 ) ) PUNCT cblr-1765 376 5 . . PUNCT cblr-1765 377 1 while while SCONJ cblr-1765 377 2 the the DET cblr-1765 377 3 in in ADP cblr-1765 377 4 re re NOUN cblr-1765 377 5 millennium millennium PROPN cblr-1765 377 6 global global ADJ cblr-1765 377 7 court court PROPN cblr-1765 377 8 instead instead ADV cblr-1765 377 9 focused focus VERB cblr-1765 377 10 its its PRON cblr-1765 377 11 analysis analysis NOUN cblr-1765 377 12 on on ADP cblr-1765 377 13 § § PROPN cblr-1765 377 14 1502 1502 NUM cblr-1765 377 15 , , PUNCT cblr-1765 377 16 both both DET cblr-1765 377 17 provisions provision NOUN cblr-1765 377 18 employ employ VERB cblr-1765 377 19 the the DET cblr-1765 377 20 same same ADJ cblr-1765 377 21 language language NOUN cblr-1765 377 22 . . PUNCT cblr-1765 378 1 84 84 NUM cblr-1765 378 2 in in ADP cblr-1765 378 3 re re PROPN cblr-1765 378 4 fairfield fairfield PROPN cblr-1765 378 5 sentry sentry PROPN cblr-1765 378 6 . . PUNCT cblr-1765 379 1 ,714 ,714 PROPN cblr-1765 379 2 f.3d f.3d NUM cblr-1765 379 3 at at ADP cblr-1765 379 4 134 134 NUM cblr-1765 379 5 ( ( PUNCT cblr-1765 379 6 citation citation NOUN cblr-1765 379 7 omitted omit VERB cblr-1765 379 8 ) ) PUNCT cblr-1765 379 9 . . PUNCT cblr-1765 380 1 85 85 NUM cblr-1765 381 1 i i PRON cblr-1765 381 2 d. d. NOUN cblr-1765 381 3 at at ADP cblr-1765 381 4 135–36 135–36 NUM cblr-1765 381 5 . . PUNCT cblr-1765 382 1 86 86 NUM cblr-1765 383 1 i i PRON cblr-1765 383 2 d. d. PROPN cblr-1765 383 3 at at ADP cblr-1765 383 4 135 135 NUM cblr-1765 383 5 . . PUNCT cblr-1765 384 1 hallock hallock NOUN cblr-1765 384 2 – – PUNCT cblr-1765 384 3 final final ADJ cblr-1765 384 4 no no NOUN cblr-1765 384 5 . . PUNCT cblr-1765 385 1 3:1074 3:1074 NUM cblr-1765 385 2 ] ] PUNCT cblr-1765 385 3 time time NOUN cblr-1765 385 4 out out ADP cblr-1765 385 5 1099 1099 NUM cblr-1765 385 6 the the DET cblr-1765 385 7 eu eu PROPN cblr-1765 385 8 has have VERB cblr-1765 385 9 no no DET cblr-1765 385 10 need need NOUN cblr-1765 385 11 for for ADP cblr-1765 385 12 a a DET cblr-1765 385 13 recognition recognition NOUN cblr-1765 385 14 petition petition NOUN cblr-1765 385 15 such such ADJ cblr-1765 385 16 as as SCONJ cblr-1765 385 17 provided provide VERB cblr-1765 385 18 under under ADP cblr-1765 385 19 chapter chapter NOUN cblr-1765 385 20 15.”87 15.”87 PROPN cblr-1765 385 21 the the DET cblr-1765 385 22 court court NOUN cblr-1765 385 23 therefore therefore ADV cblr-1765 385 24 concluded conclude VERB cblr-1765 385 25 that that SCONJ cblr-1765 385 26 “ " PUNCT cblr-1765 385 27 [ [ X cblr-1765 385 28 a]lthough a]lthough ADP cblr-1765 385 29 the the DET cblr-1765 385 30 eu eu PROPN cblr-1765 385 31 regulation regulation NOUN cblr-1765 385 32 might might AUX cblr-1765 385 33 refer refer VERB cblr-1765 385 34 to to ADP cblr-1765 385 35 a a DET cblr-1765 385 36 broader broad ADJ cblr-1765 385 37 time time NOUN cblr-1765 385 38 frame frame NOUN cblr-1765 385 39 for for ADP cblr-1765 385 40 considering consider VERB cblr-1765 385 41 a a DET cblr-1765 385 42 debtor debtor NOUN cblr-1765 385 43 ’s ’s PART cblr-1765 385 44 comi comi NOUN cblr-1765 385 45 , , PUNCT cblr-1765 385 46 it it PRON cblr-1765 385 47 is be AUX cblr-1765 385 48 not not PART cblr-1765 385 49 a a DET cblr-1765 385 50 fit fit NOUN cblr-1765 385 51 for for ADP cblr-1765 385 52 construing construe VERB cblr-1765 385 53 chapter chapter NOUN cblr-1765 385 54 15.”88 15.”88 PROPN cblr-1765 385 55 finally finally ADV cblr-1765 385 56 , , PUNCT cblr-1765 385 57 the the DET cblr-1765 385 58 court court NOUN cblr-1765 385 59 observed observe VERB cblr-1765 385 60 that that SCONJ cblr-1765 385 61 “ " PUNCT cblr-1765 385 62 [ [ PUNCT cblr-1765 385 63 n]early n]early ADV cblr-1765 385 64 every every DET cblr-1765 385 65 federal federal ADJ cblr-1765 385 66 court court NOUN cblr-1765 385 67 to to PART cblr-1765 385 68 address address VERB cblr-1765 385 69 [ [ PRON cblr-1765 385 70 the the DET cblr-1765 385 71 temporality temporality NOUN cblr-1765 385 72 question question NOUN cblr-1765 385 73 ] ] PUNCT cblr-1765 385 74 has have AUX cblr-1765 385 75 determined determine VERB cblr-1765 385 76 that that SCONJ cblr-1765 385 77 comi comi NOUN cblr-1765 385 78 should should AUX cblr-1765 385 79 be be AUX cblr-1765 385 80 considered consider VERB cblr-1765 385 81 as as ADP cblr-1765 385 82 of of ADP cblr-1765 385 83 the the DET cblr-1765 385 84 time time NOUN cblr-1765 385 85 the the DET cblr-1765 385 86 chapter chapter NOUN cblr-1765 385 87 15 15 NUM cblr-1765 385 88 petition petition NOUN cblr-1765 385 89 is be AUX cblr-1765 385 90 filed file VERB cblr-1765 385 91 . . PUNCT cblr-1765 386 1 ”89 ”89 PROPN cblr-1765 386 2 accordingly accordingly ADV cblr-1765 386 3 , , PUNCT cblr-1765 386 4 the the DET cblr-1765 386 5 court court NOUN cblr-1765 386 6 of of ADP cblr-1765 386 7 appeals appeals PROPN cblr-1765 386 8 recognized recognize VERB cblr-1765 386 9 the the DET cblr-1765 386 10 bvi bvi PROPN cblr-1765 386 11 proceedings proceeding NOUN cblr-1765 386 12 , , PUNCT cblr-1765 386 13 holding hold VERB cblr-1765 386 14 that that SCONJ cblr-1765 386 15 comi comi NOUN cblr-1765 386 16 determinations determination NOUN cblr-1765 386 17 should should AUX cblr-1765 386 18 be be AUX cblr-1765 386 19 made make VERB cblr-1765 386 20 with with ADP cblr-1765 386 21 reference reference NOUN cblr-1765 386 22 to to ADP cblr-1765 386 23 the the DET cblr-1765 386 24 time time NOUN cblr-1765 386 25 of of ADP cblr-1765 386 26 the the DET cblr-1765 386 27 chapter chapter NOUN cblr-1765 386 28 15 15 NUM cblr-1765 386 29 petition petition NOUN cblr-1765 386 30 . . PUNCT cblr-1765 387 1 however however ADV cblr-1765 387 2 , , PUNCT cblr-1765 387 3 given give VERB cblr-1765 387 4 the the DET cblr-1765 387 5 uncertainties uncertainty NOUN cblr-1765 387 6 about about ADP cblr-1765 387 7 whether whether SCONJ cblr-1765 387 8 the the DET cblr-1765 387 9 temporality temporality NOUN cblr-1765 387 10 of of ADP cblr-1765 387 11 the the DET cblr-1765 387 12 comi comi NOUN cblr-1765 387 13 analysis analysis NOUN cblr-1765 387 14 would would AUX cblr-1765 387 15 actually actually ADV cblr-1765 387 16 alter alter VERB cblr-1765 387 17 the the DET cblr-1765 387 18 outcomes outcome NOUN cblr-1765 387 19 in in ADP cblr-1765 387 20 in in ADP cblr-1765 387 21 re re PROPN cblr-1765 387 22 millennium millennium NOUN cblr-1765 387 23 global global ADJ cblr-1765 387 24 and and CCONJ cblr-1765 387 25 in in ADP cblr-1765 387 26 re re PROPN cblr-1765 387 27 fairfield fairfield PROPN cblr-1765 387 28 sentry sentry PROPN cblr-1765 387 29 , , PUNCT cblr-1765 387 30 the the DET cblr-1765 387 31 impact impact NOUN cblr-1765 387 32 of of ADP cblr-1765 387 33 the the DET cblr-1765 387 34 court court NOUN cblr-1765 387 35 ’s ’s PART cblr-1765 387 36 opinion opinion NOUN cblr-1765 387 37 was be AUX cblr-1765 387 38 not not PART cblr-1765 387 39 immediately immediately ADV cblr-1765 387 40 felt feel VERB cblr-1765 387 41 . . PUNCT cblr-1765 388 1 ultimately ultimately ADV cblr-1765 388 2 , , PUNCT cblr-1765 388 3 it it PRON cblr-1765 388 4 was be AUX cblr-1765 388 5 not not PART cblr-1765 388 6 until until ADP cblr-1765 388 7 the the DET cblr-1765 388 8 following following ADJ cblr-1765 388 9 year year NOUN cblr-1765 388 10 , , PUNCT cblr-1765 388 11 in in ADP cblr-1765 388 12 in in ADP cblr-1765 388 13 re re PROPN cblr-1765 388 14 suntech suntech PROPN cblr-1765 388 15 power power PROPN cblr-1765 388 16 holdings holdings PROPN cblr-1765 388 17 co. co. PROPN cblr-1765 388 18 , , PUNCT cblr-1765 388 19 ltd ltd PROPN cblr-1765 388 20 . . PROPN cblr-1765 388 21 , , PUNCT cblr-1765 388 22 that that SCONJ cblr-1765 388 23 a a DET cblr-1765 388 24 court court NOUN cblr-1765 388 25 ’s ’s PART cblr-1765 388 26 comi comi NOUN cblr-1765 388 27 determination determination NOUN cblr-1765 388 28 would would AUX cblr-1765 388 29 confirm confirm VERB cblr-1765 388 30 the the DET cblr-1765 388 31 significance significance NOUN cblr-1765 388 32 of of ADP cblr-1765 388 33 embracing embrace VERB cblr-1765 388 34 the the DET cblr-1765 388 35 majority majority NOUN cblr-1765 388 36 approach approach NOUN cblr-1765 388 37 to to ADP cblr-1765 388 38 temporality.90 temporality.90 PROPN cblr-1765 388 39 e. e. PROPN cblr-1765 388 40 in in ADP cblr-1765 388 41 re re PROPN cblr-1765 388 42 suntech suntech PROPN cblr-1765 388 43 in in ADP cblr-1765 388 44 in in ADP cblr-1765 388 45 re re PROPN cblr-1765 388 46 suntech suntech PROPN cblr-1765 388 47 , , PUNCT cblr-1765 388 48 liquidators liquidator NOUN cblr-1765 388 49 of of ADP cblr-1765 388 50 a a DET cblr-1765 388 51 holding hold VERB cblr-1765 388 52 company company NOUN cblr-1765 388 53 with with ADP cblr-1765 388 54 worldwide worldwide ADJ cblr-1765 388 55 subsidiaries subsidiary NOUN cblr-1765 388 56 involved involve VERB cblr-1765 388 57 in in ADP cblr-1765 388 58 the the DET cblr-1765 388 59 solar solar ADJ cblr-1765 388 60 panel panel NOUN cblr-1765 388 61 industry industry NOUN cblr-1765 388 62 sought seek VERB cblr-1765 388 63 recognition recognition NOUN cblr-1765 388 64 for for ADP cblr-1765 388 65 a a DET cblr-1765 388 66 foreign foreign ADJ cblr-1765 388 67 proceeding proceeding NOUN cblr-1765 388 68 pending pende VERB cblr-1765 388 69 in in ADP cblr-1765 388 70 the the DET cblr-1765 388 71 cayman cayman PROPN cblr-1765 388 72 islands.91 islands.91 NOUN cblr-1765 388 73 while while SCONJ cblr-1765 388 74 the the DET cblr-1765 388 75 debtor debtor NOUN cblr-1765 388 76 ’s ’s PART cblr-1765 388 77 registered register VERB cblr-1765 388 78 office office NOUN cblr-1765 388 79 was be AUX cblr-1765 388 80 in in ADP cblr-1765 388 81 the the DET cblr-1765 388 82 cayman cayman PROPN cblr-1765 388 83 islands island NOUN cblr-1765 388 84 , , PUNCT cblr-1765 388 85 the the DET cblr-1765 388 86 debtor debtor NOUN cblr-1765 388 87 and and CCONJ cblr-1765 388 88 its its PRON cblr-1765 388 89 subsidiaries subsidiary NOUN cblr-1765 388 90 never never ADV cblr-1765 388 91 conducted conduct VERB cblr-1765 388 92 business business NOUN cblr-1765 388 93 there there ADV cblr-1765 388 94 — — PUNCT cblr-1765 388 95 rather rather ADV cblr-1765 388 96 , , PUNCT cblr-1765 388 97 their their PRON cblr-1765 388 98 operations operation NOUN cblr-1765 388 99 were be AUX cblr-1765 388 100 87 87 NUM cblr-1765 388 101 i i PROPN cblr-1765 388 102 d. d. PROPN cblr-1765 388 103 at at ADP cblr-1765 388 104 136 136 NUM cblr-1765 388 105 ( ( PUNCT cblr-1765 388 106 citation citation NOUN cblr-1765 388 107 omitted omit VERB cblr-1765 388 108 ) ) PUNCT cblr-1765 388 109 . . PUNCT cblr-1765 389 1 88 88 NUM cblr-1765 390 1 i i PRON cblr-1765 390 2 d. d. PROPN cblr-1765 390 3 89 89 NUM cblr-1765 391 1 i i PRON cblr-1765 391 2 d. d. PROPN cblr-1765 391 3 at at ADP cblr-1765 391 4 134–35 134–35 PROPN cblr-1765 391 5 ( ( PUNCT cblr-1765 391 6 citing cite VERB cblr-1765 391 7 in in ADP cblr-1765 391 8 re re NOUN cblr-1765 391 9 ran run VERB cblr-1765 391 10 , , PUNCT cblr-1765 391 11 607 607 NUM cblr-1765 391 12 f.3d f.3d NUM cblr-1765 391 13 1017 1017 NUM cblr-1765 391 14 , , PUNCT cblr-1765 391 15 1025 1025 NUM cblr-1765 391 16 ( ( PUNCT cblr-1765 391 17 5th 5th ADJ cblr-1765 391 18 cir cir NOUN cblr-1765 391 19 . . PUNCT cblr-1765 391 20 2010 2010 NUM cblr-1765 391 21 ) ) PUNCT cblr-1765 391 22 ; ; PUNCT cblr-1765 391 23 in in ADP cblr-1765 391 24 re re X cblr-1765 391 25 british british PROPN cblr-1765 391 26 am be AUX cblr-1765 391 27 . . PUNCT cblr-1765 392 1 isle isle PROPN cblr-1765 392 2 of of ADP cblr-1765 392 3 venice venice PROPN cblr-1765 392 4 ( ( PUNCT cblr-1765 392 5 bvi bvi PROPN cblr-1765 392 6 ) ) PUNCT cblr-1765 392 7 , , PUNCT cblr-1765 392 8 ltd ltd PROPN cblr-1765 392 9 . . PROPN cblr-1765 392 10 , , PUNCT cblr-1765 392 11 441 441 NUM cblr-1765 392 12 b.r b.r PROPN cblr-1765 392 13 . . PROPN cblr-1765 392 14 713 713 NUM cblr-1765 392 15 , , PUNCT cblr-1765 392 16 720–21 720–21 NUM cblr-1765 392 17 ( ( PUNCT cblr-1765 392 18 bankr bankr PROPN cblr-1765 392 19 . . PUNCT cblr-1765 393 1 s.d s.d PROPN cblr-1765 393 2 . . PROPN cblr-1765 393 3 fla fla PROPN cblr-1765 393 4 . . PUNCT cblr-1765 393 5 2010 2010 NUM cblr-1765 393 6 ) ) PUNCT cblr-1765 393 7 ; ; PUNCT cblr-1765 393 8 in in ADP cblr-1765 393 9 re re X cblr-1765 393 10 british british PROPN cblr-1765 393 11 am be AUX cblr-1765 393 12 . . PUNCT cblr-1765 394 1 ins ins PROPN cblr-1765 394 2 . . PUNCT cblr-1765 394 3 co. co. PROPN cblr-1765 394 4 , , PUNCT cblr-1765 394 5 425 425 NUM cblr-1765 394 6 b.r b.r PROPN cblr-1765 394 7 . . PROPN cblr-1765 394 8 884 884 NUM cblr-1765 394 9 , , PUNCT cblr-1765 394 10 909–10 909–10 NUM cblr-1765 394 11 ( ( PUNCT cblr-1765 394 12 bankr bankr PROPN cblr-1765 394 13 . . PUNCT cblr-1765 395 1 s.d s.d PROPN cblr-1765 395 2 . . PROPN cblr-1765 395 3 fla fla PROPN cblr-1765 395 4 . . PUNCT cblr-1765 395 5 2010 2010 NUM cblr-1765 395 6 ) ) PUNCT cblr-1765 395 7 ; ; PUNCT cblr-1765 395 8 in in ADP cblr-1765 395 9 re re PROPN cblr-1765 395 10 betcorp betcorp PROPN cblr-1765 395 11 ltd ltd PROPN cblr-1765 395 12 . . PROPN cblr-1765 395 13 , , PUNCT cblr-1765 395 14 400 400 NUM cblr-1765 395 15 b.r b.r PROPN cblr-1765 395 16 . . PROPN cblr-1765 395 17 266 266 NUM cblr-1765 395 18 , , PUNCT cblr-1765 395 19 290–92 290–92 NUM cblr-1765 395 20 ( ( PUNCT cblr-1765 395 21 bankr bankr PROPN cblr-1765 395 22 . . PUNCT cblr-1765 396 1 d. d. PROPN cblr-1765 396 2 nev nev PROPN cblr-1765 396 3 . . PROPN cblr-1765 396 4 2009 2009 NUM cblr-1765 396 5 ) ) PUNCT cblr-1765 396 6 ) ) PUNCT cblr-1765 396 7 . . PUNCT cblr-1765 397 1 90 90 NUM cblr-1765 398 1 in in ADP cblr-1765 398 2 re re PROPN cblr-1765 398 3 suntech suntech PROPN cblr-1765 398 4 power power PROPN cblr-1765 398 5 holdings holdings PROPN cblr-1765 398 6 co. co. PROPN cblr-1765 398 7 , , PUNCT cblr-1765 398 8 ltd ltd PROPN cblr-1765 398 9 . . PROPN cblr-1765 398 10 , , PUNCT cblr-1765 398 11 520 520 NUM cblr-1765 398 12 b.r b.r PROPN cblr-1765 398 13 . . PROPN cblr-1765 398 14 399 399 NUM cblr-1765 398 15 ( ( PUNCT cblr-1765 398 16 bankr bankr PROPN cblr-1765 398 17 . . PUNCT cblr-1765 399 1 s.d.n.y s.d.n.y PROPN cblr-1765 399 2 . . PROPN cblr-1765 399 3 2014 2014 NUM cblr-1765 399 4 ) ) PUNCT cblr-1765 399 5 . . PUNCT cblr-1765 400 1 91 91 NUM cblr-1765 401 1 i i PRON cblr-1765 401 2 d. d. PROPN cblr-1765 401 3 at at ADP cblr-1765 401 4 403–04 403–04 NUM cblr-1765 401 5 . . PUNCT cblr-1765 402 1 hallock hallock PROPN cblr-1765 402 2 – – PUNCT cblr-1765 402 3 final final ADJ cblr-1765 402 4 1100 1100 NUM cblr-1765 402 5 columbia columbia PROPN cblr-1765 402 6 business business NOUN cblr-1765 402 7 law law PROPN cblr-1765 402 8 review review NOUN cblr-1765 402 9 [ [ X cblr-1765 402 10 vol vol NOUN cblr-1765 402 11 . . PUNCT cblr-1765 402 12 2015 2015 NUM cblr-1765 402 13 centered center VERB cblr-1765 402 14 in in ADP cblr-1765 402 15 china.92 china.92 PRON cblr-1765 402 16 thus thus ADV cblr-1765 402 17 , , PUNCT cblr-1765 402 18 the the DET cblr-1765 402 19 court court NOUN cblr-1765 402 20 found find VERB cblr-1765 402 21 that that SCONJ cblr-1765 402 22 when when SCONJ cblr-1765 402 23 the the DET cblr-1765 402 24 foreign foreign ADJ cblr-1765 402 25 proceeding proceeding NOUN cblr-1765 402 26 commenced commence VERB cblr-1765 402 27 , , PUNCT cblr-1765 402 28 the the DET cblr-1765 402 29 debtor debtor NOUN cblr-1765 402 30 ’s ’s PART cblr-1765 402 31 comi comi NOUN cblr-1765 402 32 was be AUX cblr-1765 402 33 located locate VERB cblr-1765 402 34 in in ADP cblr-1765 402 35 china china PROPN cblr-1765 402 36 , , PUNCT cblr-1765 402 37 not not PART cblr-1765 402 38 the the DET cblr-1765 402 39 cayman cayman PROPN cblr-1765 402 40 islands.93 islands.93 PROPN cblr-1765 402 41 therefore therefore ADV cblr-1765 402 42 , , PUNCT cblr-1765 402 43 had have VERB cblr-1765 402 44 the the DET cblr-1765 402 45 court court NOUN cblr-1765 402 46 of of ADP cblr-1765 402 47 appeals appeals PROPN cblr-1765 402 48 adopted adopt VERB cblr-1765 402 49 the the DET cblr-1765 402 50 millennium millennium NOUN cblr-1765 402 51 global global ADJ cblr-1765 402 52 approach approach NOUN cblr-1765 402 53 and and CCONJ cblr-1765 402 54 evaluated evaluate VERB cblr-1765 402 55 comi comi NOUN cblr-1765 402 56 at at ADP cblr-1765 402 57 the the DET cblr-1765 402 58 time time NOUN cblr-1765 402 59 of of ADP cblr-1765 402 60 the the DET cblr-1765 402 61 commencement commencement NOUN cblr-1765 402 62 of of ADP cblr-1765 402 63 the the DET cblr-1765 402 64 foreign foreign ADJ cblr-1765 402 65 proceeding proceeding NOUN cblr-1765 402 66 , , PUNCT cblr-1765 402 67 the the DET cblr-1765 402 68 suntech suntech PROPN cblr-1765 402 69 court court NOUN cblr-1765 402 70 would would AUX cblr-1765 402 71 have have AUX cblr-1765 402 72 rejected reject VERB cblr-1765 402 73 the the DET cblr-1765 402 74 debtor debtor NOUN cblr-1765 402 75 ’s ’s PART cblr-1765 402 76 petition petition NOUN cblr-1765 402 77 for for ADP cblr-1765 402 78 recognition recognition NOUN cblr-1765 402 79 of of ADP cblr-1765 402 80 the the DET cblr-1765 402 81 cayman cayman PROPN cblr-1765 402 82 proceeding proceeding NOUN cblr-1765 402 83 . . PUNCT cblr-1765 403 1 however however ADV cblr-1765 403 2 , , PUNCT cblr-1765 403 3 following follow VERB cblr-1765 403 4 in in ADP cblr-1765 403 5 re re PROPN cblr-1765 403 6 fairfield fairfield PROPN cblr-1765 403 7 sentry sentry PROPN cblr-1765 403 8 , , PUNCT cblr-1765 403 9 “ " PUNCT cblr-1765 403 10 [ [ X cblr-1765 403 11 t]he t]he ADV cblr-1765 403 12 issue issue NOUN cblr-1765 403 13 to to PART cblr-1765 403 14 be be AUX cblr-1765 403 15 decided decide VERB cblr-1765 403 16 . . PUNCT cblr-1765 403 17 . . PUNCT cblr-1765 404 1 . . PUNCT cblr-1765 405 1 is be AUX cblr-1765 405 2 the the DET cblr-1765 405 3 debtor debtor NOUN cblr-1765 405 4 ’s ’s PART cblr-1765 405 5 comi comi NOUN cblr-1765 405 6 at at ADP cblr-1765 405 7 the the DET cblr-1765 405 8 time time NOUN cblr-1765 405 9 of of ADP cblr-1765 405 10 the the DET cblr-1765 405 11 commencement commencement NOUN cblr-1765 405 12 of of ADP cblr-1765 405 13 the the DET cblr-1765 405 14 chapter chapter NOUN cblr-1765 405 15 15 15 NUM cblr-1765 405 16 case case NOUN cblr-1765 405 17 . . PUNCT cblr-1765 406 1 this this PRON cblr-1765 406 2 comes come VERB cblr-1765 406 3 down down ADP cblr-1765 406 4 to to ADP cblr-1765 406 5 whether whether SCONJ cblr-1765 406 6 the the DET cblr-1765 406 7 [ [ X cblr-1765 406 8 liquidation liquidation NOUN cblr-1765 406 9 activities activity NOUN cblr-1765 406 10 in in ADP cblr-1765 406 11 the the DET cblr-1765 406 12 caymans cayman NOUN cblr-1765 406 13 ] ] PUNCT cblr-1765 406 14 had have AUX cblr-1765 406 15 the the DET cblr-1765 406 16 effect effect NOUN cblr-1765 406 17 of of ADP cblr-1765 406 18 transferring transfer VERB cblr-1765 406 19 the the DET cblr-1765 406 20 comi comi NOUN cblr-1765 406 21 from from ADP cblr-1765 406 22 wuxi wuxi PROPN cblr-1765 406 23 , , PUNCT cblr-1765 406 24 china china PROPN cblr-1765 406 25 to to ADP cblr-1765 406 26 the the DET cblr-1765 406 27 cayman cayman PROPN cblr-1765 406 28 islands island NOUN cblr-1765 406 29 . . PUNCT cblr-1765 407 1 ”94 ”94 PROPN cblr-1765 407 2 ultimately ultimately ADV cblr-1765 407 3 , , PUNCT cblr-1765 407 4 the the DET cblr-1765 407 5 court court NOUN cblr-1765 407 6 held hold VERB cblr-1765 407 7 that that SCONJ cblr-1765 407 8 the the DET cblr-1765 407 9 liquidators liquidator NOUN cblr-1765 407 10 had have VERB cblr-1765 407 11 centralized centralized ADJ cblr-1765 407 12 administration administration NOUN cblr-1765 407 13 of of ADP cblr-1765 407 14 the the DET cblr-1765 407 15 foreign foreign ADJ cblr-1765 407 16 proceeding proceeding NOUN cblr-1765 407 17 in in ADP cblr-1765 407 18 the the DET cblr-1765 407 19 caymans cayman NOUN cblr-1765 407 20 — — PUNCT cblr-1765 407 21 they they PRON cblr-1765 407 22 had have AUX cblr-1765 407 23 changed change VERB cblr-1765 407 24 the the DET cblr-1765 407 25 debtor debtor NOUN cblr-1765 407 26 ’s ’s PART cblr-1765 407 27 address address NOUN cblr-1765 407 28 on on ADP cblr-1765 407 29 sec sec PROPN cblr-1765 407 30 filings filing NOUN cblr-1765 407 31 , , PUNCT cblr-1765 407 32 informed inform VERB cblr-1765 407 33 creditors creditor NOUN cblr-1765 407 34 to to PART cblr-1765 407 35 send send VERB cblr-1765 407 36 notices notice NOUN cblr-1765 407 37 to to ADP cblr-1765 407 38 their their PRON cblr-1765 407 39 offices office NOUN cblr-1765 407 40 , , PUNCT cblr-1765 407 41 and and CCONJ cblr-1765 407 42 conducted conduct VERB cblr-1765 407 43 board board NOUN cblr-1765 407 44 meetings meeting NOUN cblr-1765 407 45 in in ADP cblr-1765 407 46 the the DET cblr-1765 407 47 caymans.95 caymans.95 NOUN cblr-1765 407 48 in in ADP cblr-1765 407 49 short short ADJ cblr-1765 407 50 , , PUNCT cblr-1765 407 51 during during ADP cblr-1765 407 52 the the DET cblr-1765 407 53 period period NOUN cblr-1765 407 54 between between ADP cblr-1765 407 55 commencement commencement NOUN cblr-1765 407 56 of of ADP cblr-1765 407 57 the the DET cblr-1765 407 58 foreign foreign ADJ cblr-1765 407 59 proceeding proceeding NOUN cblr-1765 407 60 and and CCONJ cblr-1765 407 61 the the DET cblr-1765 407 62 filing filing NOUN cblr-1765 407 63 of of ADP cblr-1765 407 64 the the DET cblr-1765 407 65 chapter chapter NOUN cblr-1765 407 66 15 15 NUM cblr-1765 407 67 petition petition NOUN cblr-1765 407 68 , , PUNCT cblr-1765 407 69 the the DET cblr-1765 407 70 debtor debtor NOUN cblr-1765 407 71 ’s ’s PART cblr-1765 407 72 comi comi NOUN cblr-1765 407 73 had have AUX cblr-1765 407 74 shifted shift VERB cblr-1765 407 75 from from ADP cblr-1765 407 76 china china PROPN cblr-1765 407 77 to to ADP cblr-1765 407 78 the the DET cblr-1765 407 79 cayman cayman PROPN cblr-1765 407 80 islands island NOUN cblr-1765 407 81 . . PUNCT cblr-1765 408 1 thus thus ADV cblr-1765 408 2 , , PUNCT cblr-1765 408 3 while while SCONJ cblr-1765 408 4 the the DET cblr-1765 408 5 significance significance NOUN cblr-1765 408 6 of of ADP cblr-1765 408 7 the the DET cblr-1765 408 8 temporality temporality NOUN cblr-1765 408 9 issue issue NOUN cblr-1765 408 10 was be AUX cblr-1765 408 11 uncertain uncertain ADJ cblr-1765 408 12 in in ADP cblr-1765 408 13 in in ADP cblr-1765 408 14 re re PROPN cblr-1765 408 15 millennium millennium NOUN cblr-1765 408 16 global global ADJ cblr-1765 408 17 and and CCONJ cblr-1765 408 18 in in ADP cblr-1765 408 19 re re PROPN cblr-1765 408 20 fairfield fairfield PROPN cblr-1765 408 21 sentry sentry PROPN cblr-1765 408 22 , , PUNCT cblr-1765 408 23 in in ADP cblr-1765 408 24 re re PROPN cblr-1765 408 25 suntech suntech PROPN cblr-1765 408 26 presented present VERB cblr-1765 408 27 a a DET cblr-1765 408 28 case case NOUN cblr-1765 408 29 where where SCONJ cblr-1765 408 30 the the DET cblr-1765 408 31 court court NOUN cblr-1765 408 32 of of ADP cblr-1765 408 33 appeals appeal NOUN cblr-1765 408 34 ’ ' PUNCT cblr-1765 408 35 adoption adoption NOUN cblr-1765 408 36 of of ADP cblr-1765 408 37 the the DET cblr-1765 408 38 majority majority NOUN cblr-1765 408 39 approach approach NOUN cblr-1765 408 40 proved prove VERB cblr-1765 408 41 decisive decisive ADJ cblr-1765 408 42 . . PUNCT cblr-1765 409 1 under under ADP cblr-1765 409 2 the the DET cblr-1765 409 3 minority minority NOUN cblr-1765 409 4 approach approach NOUN cblr-1765 409 5 , , PUNCT cblr-1765 409 6 recognition recognition NOUN cblr-1765 409 7 of of ADP cblr-1765 409 8 the the DET cblr-1765 409 9 cayman cayman PROPN cblr-1765 409 10 proceeding proceeding NOUN cblr-1765 409 11 would would AUX cblr-1765 409 12 have have AUX cblr-1765 409 13 been be AUX cblr-1765 409 14 rejected reject VERB cblr-1765 409 15 ; ; PUNCT cblr-1765 409 16 under under ADP cblr-1765 409 17 the the DET cblr-1765 409 18 majority majority NOUN cblr-1765 409 19 approach approach NOUN cblr-1765 409 20 , , PUNCT cblr-1765 409 21 it it PRON cblr-1765 409 22 was be AUX cblr-1765 409 23 granted grant VERB cblr-1765 409 24 . . PUNCT cblr-1765 410 1 accordingly accordingly ADV cblr-1765 410 2 , , PUNCT cblr-1765 410 3 there there PRON cblr-1765 410 4 is be VERB cblr-1765 410 5 no no ADV cblr-1765 410 6 longer long ADV cblr-1765 410 7 any any DET cblr-1765 410 8 92 92 NUM cblr-1765 411 1 i i PRON cblr-1765 411 2 d. d. NOUN cblr-1765 411 3 at at ADP cblr-1765 411 4 404–05 404–05 NUM cblr-1765 411 5 ( ( PUNCT cblr-1765 411 6 “ " PUNCT cblr-1765 411 7 aside aside ADV cblr-1765 411 8 from from ADP cblr-1765 411 9 the the DET cblr-1765 411 10 debtor debtor NOUN cblr-1765 411 11 , , PUNCT cblr-1765 411 12 none none NOUN cblr-1765 411 13 of of ADP cblr-1765 411 14 the the DET cblr-1765 411 15 suntech suntech PROPN cblr-1765 411 16 group group NOUN cblr-1765 411 17 is be AUX cblr-1765 411 18 incorporated incorporate VERB cblr-1765 411 19 in in ADP cblr-1765 411 20 the the DET cblr-1765 411 21 cayman cayman PROPN cblr-1765 411 22 islands island NOUN cblr-1765 411 23 , , PUNCT cblr-1765 411 24 and and CCONJ cblr-1765 411 25 none none NOUN cblr-1765 411 26 of of ADP cblr-1765 411 27 the the DET cblr-1765 411 28 suntech suntech PROPN cblr-1765 411 29 group group PROPN cblr-1765 411 30 conducts conduct VERB cblr-1765 411 31 business business NOUN cblr-1765 411 32 in in ADP cblr-1765 411 33 the the DET cblr-1765 411 34 cayman cayman PROPN cblr-1765 411 35 islands island NOUN cblr-1765 411 36 . . PUNCT cblr-1765 412 1 moreover moreover ADV cblr-1765 412 2 , , PUNCT cblr-1765 412 3 it it PRON cblr-1765 412 4 is be AUX cblr-1765 412 5 undisputed undisputed ADJ cblr-1765 412 6 that that SCONJ cblr-1765 412 7 prior prior ADV cblr-1765 412 8 to to ADP cblr-1765 412 9 the the DET cblr-1765 412 10 commencement commencement NOUN cblr-1765 412 11 of of ADP cblr-1765 412 12 the the DET cblr-1765 412 13 foreign foreign ADJ cblr-1765 412 14 proceeding proceeding NOUN cblr-1765 412 15 on on ADP cblr-1765 412 16 november november PROPN cblr-1765 412 17 5 5 NUM cblr-1765 412 18 , , PUNCT cblr-1765 412 19 2013 2013 NUM cblr-1765 412 20 , , PUNCT cblr-1765 412 21 the the DET cblr-1765 412 22 debtor debtor NOUN cblr-1765 412 23 did do AUX cblr-1765 412 24 not not PART cblr-1765 412 25 conduct conduct VERB cblr-1765 412 26 business business NOUN cblr-1765 412 27 in in ADP cblr-1765 412 28 the the DET cblr-1765 412 29 cayman cayman NOUN cblr-1765 412 30 islands island NOUN cblr-1765 412 31 and and CCONJ cblr-1765 412 32 regularly regularly ADV cblr-1765 412 33 listed list VERB cblr-1765 412 34 the the DET cblr-1765 412 35 location location NOUN cblr-1765 412 36 of of ADP cblr-1765 412 37 its its PRON cblr-1765 412 38 principal principal ADJ cblr-1765 412 39 executive executive ADJ cblr-1765 412 40 offices office NOUN cblr-1765 412 41 . . PUNCT cblr-1765 412 42 . . PUNCT cblr-1765 412 43 . . PUNCT cblr-1765 413 1 in in ADP cblr-1765 413 2 china china PROPN cblr-1765 413 3 ” " PUNCT cblr-1765 413 4 ) ) PUNCT cblr-1765 413 5 . . PUNCT cblr-1765 414 1 93 93 NUM cblr-1765 415 1 i i PRON cblr-1765 415 2 d. d. PROPN cblr-1765 415 3 at at ADP cblr-1765 415 4 416 416 NUM cblr-1765 415 5 . . PUNCT cblr-1765 415 6 94 94 NUM cblr-1765 416 1 i i PRON cblr-1765 416 2 d. d. PROPN cblr-1765 416 3 at at ADP cblr-1765 416 4 416–17 416–17 PROPN cblr-1765 416 5 . . PUNCT cblr-1765 417 1 95 95 NUM cblr-1765 418 1 i i PRON cblr-1765 418 2 d. d. PROPN cblr-1765 418 3 at at ADP cblr-1765 418 4 418 418 NUM cblr-1765 418 5 . . PUNCT cblr-1765 419 1 hallock hallock NOUN cblr-1765 419 2 – – PUNCT cblr-1765 419 3 final final ADJ cblr-1765 419 4 no no NOUN cblr-1765 419 5 . . PUNCT cblr-1765 420 1 3:1074 3:1074 NUM cblr-1765 420 2 ] ] PUNCT cblr-1765 420 3 time time NOUN cblr-1765 420 4 out out ADP cblr-1765 420 5 1101 1101 NUM cblr-1765 420 6 doubt doubt NOUN cblr-1765 420 7 about about ADP cblr-1765 420 8 the the DET cblr-1765 420 9 temporality temporality NOUN cblr-1765 420 10 of of ADP cblr-1765 420 11 comi comi NOUN cblr-1765 420 12 determinations determination NOUN cblr-1765 420 13 in in ADP cblr-1765 420 14 the the DET cblr-1765 420 15 second second ADJ cblr-1765 420 16 circuit circuit NOUN cblr-1765 420 17 . . PUNCT cblr-1765 421 1 while while SCONJ cblr-1765 421 2 the the DET cblr-1765 421 3 majority majority NOUN cblr-1765 421 4 approach approach NOUN cblr-1765 421 5 offers offer VERB cblr-1765 421 6 several several ADJ cblr-1765 421 7 benefits benefit NOUN cblr-1765 421 8 for for ADP cblr-1765 421 9 recognition recognition NOUN cblr-1765 421 10 proceedings proceeding NOUN cblr-1765 421 11 , , PUNCT cblr-1765 421 12 it it PRON cblr-1765 421 13 also also ADV cblr-1765 421 14 risks risk VERB cblr-1765 421 15 potentially potentially ADV cblr-1765 421 16 detrimental detrimental ADJ cblr-1765 421 17 consequences consequence NOUN cblr-1765 421 18 . . PUNCT cblr-1765 422 1 f. f. PROPN cblr-1765 422 2 practical practical ADJ cblr-1765 422 3 benefits benefit NOUN cblr-1765 422 4 of of ADP cblr-1765 422 5 the the DET cblr-1765 422 6 in in ADP cblr-1765 422 7 re re PROPN cblr-1765 422 8 fairfield fairfield PROPN cblr-1765 422 9 sentry sentry PROPN cblr-1765 422 10 approach approach VERB cblr-1765 422 11 two two NUM cblr-1765 422 12 of of ADP cblr-1765 422 13 the the DET cblr-1765 422 14 principal principal ADJ cblr-1765 422 15 purposes purpose NOUN cblr-1765 422 16 behind behind ADP cblr-1765 422 17 the the DET cblr-1765 422 18 adoption adoption NOUN cblr-1765 422 19 of of ADP cblr-1765 422 20 chapter chapter NOUN cblr-1765 422 21 15 15 NUM cblr-1765 422 22 were be AUX cblr-1765 422 23 to to PART cblr-1765 422 24 bolster bolster VERB cblr-1765 422 25 cooperation cooperation NOUN cblr-1765 422 26 between between ADP cblr-1765 422 27 the the DET cblr-1765 422 28 united united PROPN cblr-1765 422 29 states states PROPN cblr-1765 422 30 and and CCONJ cblr-1765 422 31 foreign foreign ADJ cblr-1765 422 32 courts court NOUN cblr-1765 422 33 in in ADP cblr-1765 422 34 cross cross ADJ cblr-1765 422 35 - - ADJ cblr-1765 422 36 border border ADJ cblr-1765 422 37 insolvencies insolvency NOUN cblr-1765 422 38 and and CCONJ cblr-1765 422 39 to to PART cblr-1765 422 40 increase increase VERB cblr-1765 422 41 legal legal ADJ cblr-1765 422 42 certainty certainty NOUN cblr-1765 422 43 for for ADP cblr-1765 422 44 trade trade NOUN cblr-1765 422 45 and and CCONJ cblr-1765 422 46 investment.96 investment.96 VERB cblr-1765 422 47 the the DET cblr-1765 422 48 in in ADP cblr-1765 422 49 re re PROPN cblr-1765 422 50 fairfield fairfield PROPN cblr-1765 422 51 sentry sentry NOUN cblr-1765 422 52 ruling ruling NOUN cblr-1765 422 53 targets target VERB cblr-1765 422 54 these these DET cblr-1765 422 55 goals goal NOUN cblr-1765 422 56 by by ADP cblr-1765 422 57 purporting purport VERB cblr-1765 422 58 to to PART cblr-1765 422 59 offer offer VERB cblr-1765 422 60 efficiency efficiency NOUN cblr-1765 422 61 and and CCONJ cblr-1765 422 62 consistency consistency NOUN cblr-1765 422 63 across across ADP cblr-1765 422 64 recognition recognition NOUN cblr-1765 422 65 proceedings proceeding NOUN cblr-1765 422 66 . . PUNCT cblr-1765 423 1 first first ADV cblr-1765 423 2 , , PUNCT cblr-1765 423 3 by by ADP cblr-1765 423 4 including include VERB cblr-1765 423 5 liquidation liquidation NOUN cblr-1765 423 6 activities activity NOUN cblr-1765 423 7 in in ADP cblr-1765 423 8 reaching reach VERB cblr-1765 423 9 comi comi NOUN cblr-1765 423 10 determinations determination NOUN cblr-1765 423 11 , , PUNCT cblr-1765 423 12 the the DET cblr-1765 423 13 in in ADP cblr-1765 423 14 re re ADP cblr-1765 423 15 fairfied fairfie VERB cblr-1765 423 16 sentry sentry NOUN cblr-1765 423 17 approach approach NOUN cblr-1765 423 18 increases increase VERB cblr-1765 423 19 the the DET cblr-1765 423 20 likelihood likelihood NOUN cblr-1765 423 21 that that SCONJ cblr-1765 423 22 foreign foreign ADJ cblr-1765 423 23 proceedings proceeding NOUN cblr-1765 423 24 will will AUX cblr-1765 423 25 be be AUX cblr-1765 423 26 recognized recognize VERB cblr-1765 423 27 . . PUNCT cblr-1765 424 1 given give VERB cblr-1765 424 2 that that SCONJ cblr-1765 424 3 a a DET cblr-1765 424 4 debtor debtor NOUN cblr-1765 424 5 ’s ’s PART cblr-1765 424 6 liquidation liquidation NOUN cblr-1765 424 7 activities activity NOUN cblr-1765 424 8 will will AUX cblr-1765 424 9 logically logically ADV cblr-1765 424 10 be be AUX cblr-1765 424 11 centered center VERB cblr-1765 424 12 in in ADP cblr-1765 424 13 the the DET cblr-1765 424 14 same same ADJ cblr-1765 424 15 jurisdiction jurisdiction NOUN cblr-1765 424 16 as as ADP cblr-1765 424 17 the the DET cblr-1765 424 18 foreign foreign ADJ cblr-1765 424 19 proceeding proceeding NOUN cblr-1765 424 20 , , PUNCT cblr-1765 424 21 including include VERB cblr-1765 424 22 these these DET cblr-1765 424 23 activities activity NOUN cblr-1765 424 24 in in ADP cblr-1765 424 25 comi comi NOUN cblr-1765 424 26 determinations determination NOUN cblr-1765 424 27 will will AUX cblr-1765 424 28 almost almost ADV cblr-1765 424 29 always always ADV cblr-1765 424 30 improve improve VERB cblr-1765 424 31 the the DET cblr-1765 424 32 prospects prospect NOUN cblr-1765 424 33 for for ADP cblr-1765 424 34 recognition.97 recognition.97 NOUN cblr-1765 424 35 increasing increase VERB cblr-1765 424 36 recognition recognition NOUN cblr-1765 424 37 of of ADP cblr-1765 424 38 foreign foreign ADJ cblr-1765 424 39 proceedings proceeding NOUN cblr-1765 424 40 — — PUNCT cblr-1765 424 41 essentially essentially ADV cblr-1765 424 42 easing ease VERB cblr-1765 424 43 access access NOUN cblr-1765 424 44 to to ADP cblr-1765 424 45 u.s u.s PROPN cblr-1765 424 46 . . PROPN cblr-1765 424 47 courts court NOUN cblr-1765 424 48 — — PUNCT cblr-1765 424 49 facilitates facilitate VERB cblr-1765 424 50 congress congress PROPN cblr-1765 424 51 ’ ' PUNCT cblr-1765 424 52 goal goal NOUN cblr-1765 424 53 of of ADP cblr-1765 424 54 bolstering bolster VERB cblr-1765 424 55 international international ADJ cblr-1765 424 56 cooperation.98 cooperation.98 NOUN cblr-1765 424 57 96 96 NUM cblr-1765 424 58 11 11 NUM cblr-1765 424 59 u.s.c u.s.c NOUN cblr-1765 424 60 . . PUNCT cblr-1765 425 1 § § PROPN cblr-1765 425 2 1501(a 1501(a NUM cblr-1765 425 3 ) ) PUNCT cblr-1765 425 4 ( ( PUNCT cblr-1765 425 5 2012 2012 NUM cblr-1765 425 6 ) ) PUNCT cblr-1765 425 7 . . PUNCT cblr-1765 426 1 97 97 NUM cblr-1765 426 2 as as ADP cblr-1765 426 3 of of ADP cblr-1765 426 4 2013 2013 NUM cblr-1765 426 5 , , PUNCT cblr-1765 426 6 courts court NOUN cblr-1765 426 7 have have AUX cblr-1765 426 8 granted grant VERB cblr-1765 426 9 some some DET cblr-1765 426 10 form form NOUN cblr-1765 426 11 of of ADP cblr-1765 426 12 recognition recognition NOUN cblr-1765 426 13 ( ( PUNCT cblr-1765 426 14 main main ADJ cblr-1765 426 15 or or CCONJ cblr-1765 426 16 non non ADJ cblr-1765 426 17 - - ADJ cblr-1765 426 18 main main ADJ cblr-1765 426 19 ) ) PUNCT cblr-1765 426 20 in in ADP cblr-1765 426 21 96 96 NUM cblr-1765 426 22 % % NOUN cblr-1765 426 23 of of ADP cblr-1765 426 24 chapter chapter NOUN cblr-1765 426 25 15 15 NUM cblr-1765 426 26 cases case NOUN cblr-1765 426 27 . . PUNCT cblr-1765 427 1 even even ADV cblr-1765 427 2 counting count VERB cblr-1765 427 3 cases case NOUN cblr-1765 427 4 that that PRON cblr-1765 427 5 granted grant VERB cblr-1765 427 6 non non ADJ cblr-1765 427 7 - - ADJ cblr-1765 427 8 main main ADJ cblr-1765 427 9 recognition recognition NOUN cblr-1765 427 10 when when SCONJ cblr-1765 427 11 the the DET cblr-1765 427 12 debtor debtor NOUN cblr-1765 427 13 sought seek VERB cblr-1765 427 14 main main ADJ cblr-1765 427 15 recognition recognition NOUN cblr-1765 427 16 as as ADP cblr-1765 427 17 denial denial NOUN cblr-1765 427 18 , , PUNCT cblr-1765 427 19 main main ADJ cblr-1765 427 20 recognition recognition NOUN cblr-1765 427 21 was be AUX cblr-1765 427 22 granted grant VERB cblr-1765 427 23 in in ADP cblr-1765 427 24 93 93 NUM cblr-1765 427 25 % % NOUN cblr-1765 427 26 of of ADP cblr-1765 427 27 cases case NOUN cblr-1765 427 28 . . PUNCT cblr-1765 428 1 jay jay PROPN cblr-1765 428 2 lawrence lawrence PROPN cblr-1765 428 3 westbrook westbrook PROPN cblr-1765 428 4 , , PUNCT cblr-1765 428 5 an an DET cblr-1765 428 6 empirical empirical ADJ cblr-1765 428 7 study study NOUN cblr-1765 428 8 of of ADP cblr-1765 428 9 the the DET cblr-1765 428 10 implemental implemental NOUN cblr-1765 428 11 in in ADP cblr-1765 428 12 the the DET cblr-1765 428 13 united united PROPN cblr-1765 428 14 states states PROPN cblr-1765 428 15 of of ADP cblr-1765 428 16 the the DET cblr-1765 428 17 model model NOUN cblr-1765 428 18 law law NOUN cblr-1765 428 19 on on ADP cblr-1765 428 20 cross cross ADJ cblr-1765 428 21 - - ADJ cblr-1765 428 22 border border ADJ cblr-1765 428 23 insolvency insolvency NOUN cblr-1765 428 24 . . PUNCT cblr-1765 429 1 87 87 NUM cblr-1765 429 2 am be AUX cblr-1765 429 3 . . PUNCT cblr-1765 430 1 bankr bankr PROPN cblr-1765 430 2 . . PUNCT cblr-1765 431 1 l.j l.j PROPN cblr-1765 431 2 . . PROPN cblr-1765 431 3 247 247 NUM cblr-1765 431 4 , , PUNCT cblr-1765 431 5 254–55 254–55 NUM cblr-1765 431 6 ( ( PUNCT cblr-1765 431 7 2013 2013 NUM cblr-1765 431 8 ) ) PUNCT cblr-1765 431 9 . . PUNCT cblr-1765 432 1 given give VERB cblr-1765 432 2 the the DET cblr-1765 432 3 overwhelming overwhelming ADJ cblr-1765 432 4 popularity popularity NOUN cblr-1765 432 5 of of ADP cblr-1765 432 6 the the DET cblr-1765 432 7 majority majority NOUN cblr-1765 432 8 approach approach NOUN cblr-1765 432 9 , , PUNCT cblr-1765 432 10 there there PRON cblr-1765 432 11 is be VERB cblr-1765 432 12 insufficient insufficient ADJ cblr-1765 432 13 data datum NOUN cblr-1765 432 14 to to PART cblr-1765 432 15 compare compare VERB cblr-1765 432 16 the the DET cblr-1765 432 17 relative relative ADJ cblr-1765 432 18 success success NOUN cblr-1765 432 19 rate rate NOUN cblr-1765 432 20 of of ADP cblr-1765 432 21 chapter chapter NOUN cblr-1765 432 22 15 15 NUM cblr-1765 432 23 petitions petition NOUN cblr-1765 432 24 for for ADP cblr-1765 432 25 the the DET cblr-1765 432 26 majority majority NOUN cblr-1765 432 27 approach approach NOUN cblr-1765 432 28 compared compare VERB cblr-1765 432 29 to to ADP cblr-1765 432 30 the the DET cblr-1765 432 31 minority minority NOUN cblr-1765 432 32 approach approach NOUN cblr-1765 432 33 . . PUNCT cblr-1765 433 1 accordingly accordingly ADV cblr-1765 433 2 , , PUNCT cblr-1765 433 3 it it PRON cblr-1765 433 4 is be AUX cblr-1765 433 5 unclear unclear ADJ cblr-1765 433 6 to to ADP cblr-1765 433 7 what what DET cblr-1765 433 8 extent extent NOUN cblr-1765 433 9 near near ADP cblr-1765 433 10 - - PUNCT cblr-1765 433 11 universal universal ADJ cblr-1765 433 12 adoption adoption NOUN cblr-1765 433 13 of of ADP cblr-1765 433 14 the the DET cblr-1765 433 15 date date NOUN cblr-1765 433 16 of of ADP cblr-1765 433 17 the the DET cblr-1765 433 18 filing filing NOUN cblr-1765 433 19 of of ADP cblr-1765 433 20 the the DET cblr-1765 433 21 chapter chapter NOUN cblr-1765 433 22 15 15 NUM cblr-1765 433 23 as as ADP cblr-1765 433 24 the the DET cblr-1765 433 25 appropriate appropriate ADJ cblr-1765 433 26 period period NOUN cblr-1765 433 27 of of ADP cblr-1765 433 28 comi comi NOUN cblr-1765 433 29 analysis analysis NOUN cblr-1765 433 30 has have AUX cblr-1765 433 31 affected affect VERB cblr-1765 433 32 the the DET cblr-1765 433 33 recognition recognition NOUN cblr-1765 433 34 rate rate NOUN cblr-1765 433 35 . . PUNCT cblr-1765 434 1 98 98 NUM cblr-1765 434 2 jay jay PROPN cblr-1765 434 3 lawrence lawrence PROPN cblr-1765 434 4 westbrook westbrook PROPN cblr-1765 434 5 , , PUNCT cblr-1765 434 6 bankruptcy bankruptcy NOUN cblr-1765 434 7 tourism tourism NOUN cblr-1765 434 8 , , PUNCT cblr-1765 434 9 3 3 NUM cblr-1765 434 10 int’l int’l NOUN cblr-1765 434 11 j. j. PROPN cblr-1765 434 12 proc proc PROPN cblr-1765 434 13 . . PUNCT cblr-1765 435 1 l. l. PROPN cblr-1765 435 2 159 159 NUM cblr-1765 435 3 , , PUNCT cblr-1765 435 4 161 161 NUM cblr-1765 435 5 ( ( PUNCT cblr-1765 435 6 2013 2013 NUM cblr-1765 435 7 ) ) PUNCT cblr-1765 435 8 ( ( PUNCT cblr-1765 435 9 “ " PUNCT cblr-1765 435 10 territorialism territorialism NOUN cblr-1765 435 11 dominated dominate VERB cblr-1765 435 12 international international ADJ cblr-1765 435 13 bankruptcy bankruptcy NOUN cblr-1765 435 14 law law NOUN cblr-1765 435 15 , , PUNCT cblr-1765 435 16 hallock hallock NOUN cblr-1765 435 17 – – PUNCT cblr-1765 435 18 final final ADJ cblr-1765 435 19 1102 1102 NUM cblr-1765 435 20 columbia columbia PROPN cblr-1765 435 21 business business NOUN cblr-1765 435 22 law law PROPN cblr-1765 435 23 review review NOUN cblr-1765 436 1 [ [ X cblr-1765 436 2 vol vol NOUN cblr-1765 436 3 . . NOUN cblr-1765 436 4 2015 2015 NUM cblr-1765 436 5 furthermore furthermore ADV cblr-1765 436 6 , , PUNCT cblr-1765 436 7 the the DET cblr-1765 436 8 in in ADP cblr-1765 436 9 re re PROPN cblr-1765 436 10 fairfield fairfield PROPN cblr-1765 436 11 sentry sentry PROPN cblr-1765 436 12 approach approach NOUN cblr-1765 436 13 decreases decrease VERB cblr-1765 436 14 the the DET cblr-1765 436 15 likelihood likelihood NOUN cblr-1765 436 16 of of ADP cblr-1765 436 17 courts court NOUN cblr-1765 436 18 declining decline VERB cblr-1765 436 19 foreign foreign ADJ cblr-1765 436 20 proceedings proceeding NOUN cblr-1765 436 21 for for ADP cblr-1765 436 22 technical technical ADJ cblr-1765 436 23 reasons reason NOUN cblr-1765 436 24 and and CCONJ cblr-1765 436 25 potentially potentially ADV cblr-1765 436 26 forcing force VERB cblr-1765 436 27 debtors debtor NOUN cblr-1765 436 28 to to PART cblr-1765 436 29 launch launch VERB cblr-1765 436 30 costly costly ADJ cblr-1765 436 31 duplicative duplicative ADJ cblr-1765 436 32 proceedings proceeding NOUN cblr-1765 436 33 in in ADP cblr-1765 436 34 order order NOUN cblr-1765 436 35 to to PART cblr-1765 436 36 eventually eventually ADV cblr-1765 436 37 obtain obtain VERB cblr-1765 436 38 recognition.99 recognition.99 NOUN cblr-1765 436 39 for for ADP cblr-1765 436 40 example example NOUN cblr-1765 436 41 , , PUNCT cblr-1765 436 42 under under ADP cblr-1765 436 43 the the DET cblr-1765 436 44 in in NOUN cblr-1765 436 45 re re X cblr-1765 436 46 millennium millennium PROPN cblr-1765 436 47 global global ADJ cblr-1765 436 48 approach approach NOUN cblr-1765 436 49 , , PUNCT cblr-1765 436 50 if if SCONJ cblr-1765 436 51 a a DET cblr-1765 436 52 debtor debtor NOUN cblr-1765 436 53 mistakenly mistakenly ADV cblr-1765 436 54 commenced commence VERB cblr-1765 436 55 a a DET cblr-1765 436 56 foreign foreign ADJ cblr-1765 436 57 proceeding proceeding NOUN cblr-1765 436 58 in in ADP cblr-1765 436 59 an an DET cblr-1765 436 60 inappropriate inappropriate ADJ cblr-1765 436 61 jurisdiction jurisdiction NOUN cblr-1765 436 62 , , PUNCT cblr-1765 436 63 the the DET cblr-1765 436 64 debtor debtor NOUN cblr-1765 436 65 would would AUX cblr-1765 436 66 not not PART cblr-1765 436 67 recognize recognize VERB cblr-1765 436 68 its its PRON cblr-1765 436 69 mistake mistake NOUN cblr-1765 436 70 until until SCONJ cblr-1765 436 71 a a DET cblr-1765 436 72 u.s u.s PROPN cblr-1765 436 73 . . PROPN cblr-1765 436 74 court court NOUN cblr-1765 436 75 rejected reject VERB cblr-1765 436 76 its its PRON cblr-1765 436 77 chapter chapter NOUN cblr-1765 436 78 15 15 NUM cblr-1765 436 79 petition.100 petition.100 NOUN cblr-1765 436 80 since since SCONJ cblr-1765 436 81 its its PRON cblr-1765 436 82 comi comi NOUN cblr-1765 436 83 remained remain VERB cblr-1765 436 84 static static ADJ cblr-1765 436 85 from from ADP cblr-1765 436 86 the the DET cblr-1765 436 87 time time NOUN cblr-1765 436 88 of of ADP cblr-1765 436 89 commencement commencement NOUN cblr-1765 436 90 of of ADP cblr-1765 436 91 the the DET cblr-1765 436 92 foreign foreign ADJ cblr-1765 436 93 proceeding proceeding NOUN cblr-1765 436 94 , , PUNCT cblr-1765 436 95 the the DET cblr-1765 436 96 debtor debtor NOUN cblr-1765 436 97 ’s ’s PART cblr-1765 436 98 liquidation liquidation NOUN cblr-1765 436 99 activities activity NOUN cblr-1765 436 100 would would AUX cblr-1765 436 101 offer offer VERB cblr-1765 436 102 no no DET cblr-1765 436 103 refuge refuge NOUN cblr-1765 436 104 , , PUNCT cblr-1765 436 105 and and CCONJ cblr-1765 436 106 its its PRON cblr-1765 436 107 only only ADJ cblr-1765 436 108 opportunity opportunity NOUN cblr-1765 436 109 to to PART cblr-1765 436 110 obtain obtain VERB cblr-1765 436 111 chapter chapter NOUN cblr-1765 436 112 15 15 NUM cblr-1765 436 113 recognition recognition NOUN cblr-1765 436 114 would would AUX cblr-1765 436 115 be be AUX cblr-1765 436 116 to to PART cblr-1765 436 117 launch launch VERB cblr-1765 436 118 a a DET cblr-1765 436 119 new new ADJ cblr-1765 436 120 proceeding proceeding NOUN cblr-1765 436 121 in in ADP cblr-1765 436 122 its its PRON cblr-1765 436 123 actual actual ADJ cblr-1765 436 124 comi.101 comi.101 NOUN cblr-1765 436 125 in in ADP cblr-1765 436 126 contrast contrast NOUN cblr-1765 436 127 , , PUNCT cblr-1765 436 128 under under ADP cblr-1765 436 129 in in ADP cblr-1765 436 130 re re PROPN cblr-1765 436 131 fairfield fairfield PROPN cblr-1765 436 132 sentry sentry PROPN cblr-1765 436 133 , , PUNCT cblr-1765 436 134 good good ADJ cblr-1765 436 135 faith faith NOUN cblr-1765 436 136 mistakes mistake NOUN cblr-1765 436 137 are be AUX cblr-1765 436 138 excused excuse VERB cblr-1765 436 139 — — PUNCT cblr-1765 436 140 a a DET cblr-1765 436 141 debtor debtor NOUN cblr-1765 436 142 essentially essentially ADV cblr-1765 436 143 is be AUX cblr-1765 436 144 given give VERB cblr-1765 436 145 a a DET cblr-1765 436 146 second second ADJ cblr-1765 436 147 bite bite NOUN cblr-1765 436 148 at at ADP cblr-1765 436 149 the the DET cblr-1765 436 150 apple apple NOUN cblr-1765 436 151 to to PART cblr-1765 436 152 shift shift VERB cblr-1765 436 153 its its PRON cblr-1765 436 154 comi comi NOUN cblr-1765 436 155 to to ADP cblr-1765 436 156 the the DET cblr-1765 436 157 jurisdiction jurisdiction NOUN cblr-1765 436 158 of of ADP cblr-1765 436 159 the the DET cblr-1765 436 160 foreign foreign ADJ cblr-1765 436 161 proceeding proceeding NOUN cblr-1765 436 162 through through ADP cblr-1765 436 163 its its PRON cblr-1765 436 164 liquidation liquidation NOUN cblr-1765 436 165 activities activity NOUN cblr-1765 436 166 . . PUNCT cblr-1765 437 1 in in ADP cblr-1765 437 2 this this DET cblr-1765 437 3 sense sense NOUN cblr-1765 437 4 , , PUNCT cblr-1765 437 5 in in ADP cblr-1765 437 6 re re PRON cblr-1765 437 7 fairfield fairfield PROPN cblr-1765 437 8 sentry sentry PROPN cblr-1765 437 9 offers offer VERB cblr-1765 437 10 the the DET cblr-1765 437 11 more more ADV cblr-1765 437 12 efficient efficient ADJ cblr-1765 437 13 approach approach NOUN cblr-1765 437 14 . . PUNCT cblr-1765 438 1 second second ADJ cblr-1765 438 2 , , PUNCT cblr-1765 438 3 the the DET cblr-1765 438 4 in in ADP cblr-1765 438 5 re re PROPN cblr-1765 438 6 fairfield fairfield PROPN cblr-1765 438 7 sentry sentry PROPN cblr-1765 438 8 decision decision NOUN cblr-1765 438 9 purports purport VERB cblr-1765 438 10 to to PART cblr-1765 438 11 provide provide VERB cblr-1765 438 12 more more ADJ cblr-1765 438 13 consistency consistency NOUN cblr-1765 438 14 across across ADP cblr-1765 438 15 courts court NOUN cblr-1765 438 16 than than ADP cblr-1765 438 17 alternatives alternative NOUN cblr-1765 438 18 with with ADP cblr-1765 438 19 each each DET cblr-1765 438 20 country country NOUN cblr-1765 438 21 grabbing grab VERB cblr-1765 438 22 the the DET cblr-1765 438 23 local local ADJ cblr-1765 438 24 assets asset NOUN cblr-1765 438 25 and and CCONJ cblr-1765 438 26 distributing distribute VERB cblr-1765 438 27 them they PRON cblr-1765 438 28 to to ADP cblr-1765 438 29 creditors creditor NOUN cblr-1765 438 30 who who PRON cblr-1765 438 31 claimed claim VERB cblr-1765 438 32 locally locally ADV cblr-1765 438 33 . . PUNCT cblr-1765 438 34 . . PUNCT cblr-1765 438 35 . . PUNCT cblr-1765 438 36 . . PUNCT cblr-1765 439 1 in in ADP cblr-1765 439 2 the the DET cblr-1765 439 3 last last ADJ cblr-1765 439 4 two two NUM cblr-1765 439 5 decades decade NOUN cblr-1765 439 6 or or CCONJ cblr-1765 439 7 so so ADV cblr-1765 439 8 scholars scholar NOUN cblr-1765 439 9 , , PUNCT cblr-1765 439 10 practitioners practitioner NOUN cblr-1765 439 11 , , PUNCT cblr-1765 439 12 and and CCONJ cblr-1765 439 13 courts court NOUN cblr-1765 439 14 have have AUX cblr-1765 439 15 turned turn VERB cblr-1765 439 16 towards towards ADP cblr-1765 439 17 ‘ ' PUNCT cblr-1765 439 18 universalism universalism NOUN cblr-1765 439 19 , , PUNCT cblr-1765 439 20 ’ ' PUNCT cblr-1765 439 21 which which PRON cblr-1765 439 22 contemplates contemplate VERB cblr-1765 439 23 a a DET cblr-1765 439 24 single single ADJ cblr-1765 439 25 worldwide worldwide ADJ cblr-1765 439 26 forum forum NOUN cblr-1765 439 27 for for ADP cblr-1765 439 28 bankruptcy bankruptcy NOUN cblr-1765 439 29 administration administration NOUN cblr-1765 439 30 of of ADP cblr-1765 439 31 a a DET cblr-1765 439 32 given give VERB cblr-1765 439 33 company company NOUN cblr-1765 439 34 or or CCONJ cblr-1765 439 35 corporate corporate ADJ cblr-1765 439 36 group group NOUN cblr-1765 439 37 . . PUNCT cblr-1765 439 38 . . PUNCT cblr-1765 439 39 . . PUNCT cblr-1765 439 40 . . PUNCT cblr-1765 439 41 ” " PUNCT cblr-1765 439 42 ) ) PUNCT cblr-1765 439 43 . . PUNCT cblr-1765 440 1 99 99 NUM cblr-1765 440 2 see see VERB cblr-1765 440 3 reid reid PROPN cblr-1765 440 4 & & CCONJ cblr-1765 440 5 swick swick PROPN cblr-1765 440 6 , , PUNCT cblr-1765 440 7 supra supra PROPN cblr-1765 440 8 note note PROPN cblr-1765 440 9 7 7 NUM cblr-1765 440 10 , , PUNCT cblr-1765 440 11 at at ADP cblr-1765 440 12 91 91 NUM cblr-1765 440 13 ( ( PUNCT cblr-1765 440 14 “ " PUNCT cblr-1765 440 15 [ [ X cblr-1765 440 16 f]ailing f]aile VERB cblr-1765 440 17 to to PART cblr-1765 440 18 recognize recognize VERB cblr-1765 440 19 an an DET cblr-1765 440 20 established establish VERB cblr-1765 440 21 foreign foreign ADJ cblr-1765 440 22 proceeding proceeding NOUN cblr-1765 440 23 would would AUX cblr-1765 440 24 deny deny VERB cblr-1765 440 25 that that SCONJ cblr-1765 440 26 proceeding proceeding NOUN cblr-1765 440 27 access access NOUN cblr-1765 440 28 to to ADP cblr-1765 440 29 u.s u.s PROPN cblr-1765 440 30 . . PROPN cblr-1765 440 31 courts court NOUN cblr-1765 440 32 and and CCONJ cblr-1765 440 33 could could AUX cblr-1765 440 34 compel compel VERB cblr-1765 440 35 a a DET cblr-1765 440 36 foreign foreign ADJ cblr-1765 440 37 liquidator liquidator NOUN cblr-1765 440 38 to to PART cblr-1765 440 39 file file VERB cblr-1765 440 40 a a DET cblr-1765 440 41 brand brand NOUN cblr-1765 440 42 new new ADJ cblr-1765 440 43 proceeding proceeding NOUN cblr-1765 440 44 in in ADP cblr-1765 440 45 another another DET cblr-1765 440 46 jurisdiction jurisdiction NOUN cblr-1765 440 47 to to PART cblr-1765 440 48 possibly possibly ADV cblr-1765 440 49 obtain obtain VERB cblr-1765 440 50 recognition recognition NOUN cblr-1765 440 51 in in ADP cblr-1765 440 52 the the DET cblr-1765 440 53 future future NOUN cblr-1765 440 54 , , PUNCT cblr-1765 440 55 likely likely ADV cblr-1765 440 56 costing cost VERB cblr-1765 440 57 creditors creditor NOUN cblr-1765 440 58 millions million NOUN cblr-1765 440 59 of of ADP cblr-1765 440 60 dollars dollar NOUN cblr-1765 440 61 . . PUNCT cblr-1765 440 62 ” " PUNCT cblr-1765 440 63 ) ) PUNCT cblr-1765 440 64 . . PUNCT cblr-1765 441 1 100 100 NUM cblr-1765 441 2 such such DET cblr-1765 441 3 a a DET cblr-1765 441 4 mistake mistake NOUN cblr-1765 441 5 will will AUX cblr-1765 441 6 often often ADV cblr-1765 441 7 be be AUX cblr-1765 441 8 tremendously tremendously ADV cblr-1765 441 9 costly costly ADJ cblr-1765 441 10 to to ADP cblr-1765 441 11 the the DET cblr-1765 441 12 debtor debtor NOUN cblr-1765 441 13 — — PUNCT cblr-1765 441 14 and and CCONJ cblr-1765 441 15 by by ADP cblr-1765 441 16 extension extension NOUN cblr-1765 441 17 — — PUNCT cblr-1765 441 18 its its PRON cblr-1765 441 19 creditors creditor NOUN cblr-1765 441 20 . . PUNCT cblr-1765 442 1 see see VERB cblr-1765 442 2 in in ADP cblr-1765 442 3 re re NOUN cblr-1765 442 4 millennium millennium NOUN cblr-1765 442 5 global global ADJ cblr-1765 442 6 emerging emerge VERB cblr-1765 442 7 credit credit NOUN cblr-1765 442 8 master master PROPN cblr-1765 442 9 fund fund PROPN cblr-1765 442 10 ltd ltd PROPN cblr-1765 442 11 . . PROPN cblr-1765 442 12 , , PUNCT cblr-1765 442 13 458 458 PROPN cblr-1765 442 14 b.r b.r PROPN cblr-1765 442 15 . . PROPN cblr-1765 442 16 63 63 NUM cblr-1765 442 17 , , PUNCT cblr-1765 442 18 69 69 NUM cblr-1765 442 19 ( ( PUNCT cblr-1765 442 20 bankr bankr PROPN cblr-1765 442 21 . . PUNCT cblr-1765 443 1 s.d.n.y s.d.n.y PROPN cblr-1765 443 2 . . PROPN cblr-1765 443 3 2011 2011 NUM cblr-1765 443 4 ) ) PUNCT cblr-1765 443 5 ( ( PUNCT cblr-1765 443 6 “ " PUNCT cblr-1765 443 7 bcp bcp PROPN cblr-1765 443 8 contends contend VERB cblr-1765 443 9 that that SCONJ cblr-1765 443 10 the the DET cblr-1765 443 11 bermuda bermuda PROPN cblr-1765 443 12 liquidation liquidation NOUN cblr-1765 443 13 proceedings proceeding NOUN cblr-1765 443 14 in in ADP cblr-1765 443 15 question question NOUN cblr-1765 443 16 , , PUNCT cblr-1765 443 17 which which PRON cblr-1765 443 18 have have AUX cblr-1765 443 19 been be AUX cblr-1765 443 20 pending pende VERB cblr-1765 443 21 in in ADP cblr-1765 443 22 bermuda bermuda NOUN cblr-1765 443 23 for for ADP cblr-1765 443 24 more more ADJ cblr-1765 443 25 than than ADP cblr-1765 443 26 three three NUM cblr-1765 443 27 years year NOUN cblr-1765 443 28 . . PUNCT cblr-1765 443 29 . . PUNCT cblr-1765 444 1 . . PUNCT cblr-1765 445 1 and and CCONJ cblr-1765 445 2 which which PRON cblr-1765 445 3 have have AUX cblr-1765 445 4 cost cost VERB cblr-1765 445 5 more more ADJ cblr-1765 445 6 than than ADP cblr-1765 445 7 $ $ SYM cblr-1765 445 8 9 9 NUM cblr-1765 445 9 million million NUM cblr-1765 445 10 in in ADP cblr-1765 445 11 fees fee NOUN cblr-1765 445 12 and and CCONJ cblr-1765 445 13 expenses expense NOUN cblr-1765 445 14 , , PUNCT cblr-1765 445 15 are be AUX cblr-1765 445 16 not not PART cblr-1765 445 17 entitled entitle VERB cblr-1765 445 18 to to ADP cblr-1765 445 19 recognition recognition NOUN cblr-1765 445 20 . . PUNCT cblr-1765 445 21 . . PUNCT cblr-1765 445 22 . . PUNCT cblr-1765 446 1 because because SCONJ cblr-1765 446 2 bermuda bermuda PROPN cblr-1765 446 3 is be AUX cblr-1765 446 4 not not PART cblr-1765 446 5 the the DET cblr-1765 446 6 ‘ ' PUNCT cblr-1765 446 7 center center NOUN cblr-1765 446 8 of of ADP cblr-1765 446 9 main main ADJ cblr-1765 446 10 interests interest NOUN cblr-1765 446 11 ’ ' PUNCT cblr-1765 446 12 of of ADP cblr-1765 446 13 either either PRON cblr-1765 446 14 of of ADP cblr-1765 446 15 the the DET cblr-1765 446 16 funds fund NOUN cblr-1765 446 17 . . PUNCT cblr-1765 446 18 . . PUNCT cblr-1765 446 19 . . PUNCT cblr-1765 447 1 . . PUNCT cblr-1765 447 2 ” " PUNCT cblr-1765 447 3 ) ) PUNCT cblr-1765 447 4 . . PUNCT cblr-1765 448 1 101 101 NUM cblr-1765 448 2 see see VERB cblr-1765 448 3 reid reid PROPN cblr-1765 448 4 & & CCONJ cblr-1765 448 5 swick swick PROPN cblr-1765 448 6 , , PUNCT cblr-1765 448 7 supra supra PROPN cblr-1765 448 8 note note PROPN cblr-1765 448 9 7 7 NUM cblr-1765 448 10 , , PUNCT cblr-1765 448 11 at at ADP cblr-1765 448 12 91 91 NUM cblr-1765 448 13 . . PUNCT cblr-1765 449 1 hallock hallock PROPN cblr-1765 449 2 – – PUNCT cblr-1765 449 3 final final ADJ cblr-1765 449 4 no no NOUN cblr-1765 449 5 . . PUNCT cblr-1765 450 1 3:1074 3:1074 NUM cblr-1765 450 2 ] ] PUNCT cblr-1765 450 3 time time NOUN cblr-1765 450 4 out out ADP cblr-1765 450 5 1103 1103 NUM cblr-1765 450 6 such such ADJ cblr-1765 450 7 as as ADP cblr-1765 450 8 looking look VERB cblr-1765 450 9 at at ADP cblr-1765 450 10 the the DET cblr-1765 450 11 debtor debtor NOUN cblr-1765 450 12 ’s ’s PART cblr-1765 450 13 operational operational ADJ cblr-1765 450 14 history history NOUN cblr-1765 450 15 . . PUNCT cblr-1765 451 1 under under ADP cblr-1765 451 2 alternative alternative ADJ cblr-1765 451 3 approaches approach NOUN cblr-1765 451 4 , , PUNCT cblr-1765 451 5 there there PRON cblr-1765 451 6 would would AUX cblr-1765 451 7 be be AUX cblr-1765 451 8 an an DET cblr-1765 451 9 increased increase VERB cblr-1765 451 10 likelihood likelihood NOUN cblr-1765 451 11 of of ADP cblr-1765 451 12 conflicting conflict VERB cblr-1765 451 13 comi comi NOUN cblr-1765 451 14 determinations determination NOUN cblr-1765 451 15 , , PUNCT cblr-1765 451 16 as as SCONJ cblr-1765 451 17 courts court NOUN cblr-1765 451 18 may may AUX cblr-1765 451 19 tend tend VERB cblr-1765 451 20 to to PART cblr-1765 451 21 attach attach VERB cblr-1765 451 22 greater great ADJ cblr-1765 451 23 importance importance NOUN cblr-1765 451 24 to to ADP cblr-1765 451 25 activities activity NOUN cblr-1765 451 26 in in ADP cblr-1765 451 27 their their PRON cblr-1765 451 28 own own ADJ cblr-1765 451 29 countries country NOUN cblr-1765 451 30 , , PUNCT cblr-1765 451 31 or or CCONJ cblr-1765 451 32 may may AUX cblr-1765 451 33 simply simply ADV cblr-1765 451 34 weigh weigh VERB cblr-1765 451 35 the the DET cblr-1765 451 36 evidence evidence NOUN cblr-1765 451 37 differently differently ADV cblr-1765 451 38 which which PRON cblr-1765 451 39 may may AUX cblr-1765 451 40 lead lead VERB cblr-1765 451 41 to to ADP cblr-1765 451 42 the the DET cblr-1765 451 43 possibility possibility NOUN cblr-1765 451 44 of of ADP cblr-1765 451 45 competing compete VERB cblr-1765 451 46 main main ADJ cblr-1765 451 47 proceedings proceeding NOUN cblr-1765 451 48 , , PUNCT cblr-1765 451 49 thus thus ADV cblr-1765 451 50 defeating defeat VERB cblr-1765 451 51 the the DET cblr-1765 451 52 purpose purpose NOUN cblr-1765 451 53 of of ADP cblr-1765 451 54 using use VERB cblr-1765 451 55 the the DET cblr-1765 451 56 comi comi NOUN cblr-1765 451 57 construct.102 construct.102 NOUN cblr-1765 451 58 in in ADP cblr-1765 451 59 other other ADJ cblr-1765 451 60 words word NOUN cblr-1765 451 61 , , PUNCT cblr-1765 451 62 by by ADP cblr-1765 451 63 determining determine VERB cblr-1765 451 64 comi comi NOUN cblr-1765 451 65 at at ADP cblr-1765 451 66 the the DET cblr-1765 451 67 time time NOUN cblr-1765 451 68 of of ADP cblr-1765 451 69 the the DET cblr-1765 451 70 filing filing NOUN cblr-1765 451 71 of of ADP cblr-1765 451 72 the the DET cblr-1765 451 73 chapter chapter NOUN cblr-1765 451 74 15 15 NUM cblr-1765 451 75 petition petition NOUN cblr-1765 451 76 , , PUNCT cblr-1765 451 77 the the DET cblr-1765 451 78 court court NOUN cblr-1765 451 79 avoids avoid VERB cblr-1765 451 80 a a DET cblr-1765 451 81 potentially potentially ADV cblr-1765 451 82 complicated complicated ADJ cblr-1765 451 83 inquiry inquiry NOUN cblr-1765 451 84 into into ADP cblr-1765 451 85 the the DET cblr-1765 451 86 debtor debtor NOUN cblr-1765 451 87 ’s ’s PART cblr-1765 451 88 operating operate VERB cblr-1765 451 89 history history NOUN cblr-1765 451 90 — — PUNCT cblr-1765 451 91 the the DET cblr-1765 451 92 more more ADV cblr-1765 451 93 extensive extensive ADJ cblr-1765 451 94 and and CCONJ cblr-1765 451 95 complex complex ADJ cblr-1765 451 96 the the DET cblr-1765 451 97 input input NOUN cblr-1765 451 98 into into ADP cblr-1765 451 99 the the DET cblr-1765 451 100 comi comi NOUN cblr-1765 451 101 analysis analysis NOUN cblr-1765 451 102 , , PUNCT cblr-1765 451 103 the the DET cblr-1765 451 104 more more ADJ cblr-1765 451 105 room room NOUN cblr-1765 451 106 for for ADP cblr-1765 451 107 variation variation NOUN cblr-1765 451 108 across across ADP cblr-1765 451 109 courts.103 courts.103 ADJ cblr-1765 451 110 accordingly accordingly ADV cblr-1765 451 111 , , PUNCT cblr-1765 451 112 simplifying simplify VERB cblr-1765 451 113 the the DET cblr-1765 451 114 time time NOUN cblr-1765 451 115 period period NOUN cblr-1765 451 116 for for ADP cblr-1765 451 117 the the DET cblr-1765 451 118 determination determination NOUN cblr-1765 451 119 makes make VERB cblr-1765 451 120 consistency consistency NOUN cblr-1765 451 121 across across ADP cblr-1765 451 122 courts court NOUN cblr-1765 451 123 more more ADV cblr-1765 451 124 feasible feasible ADJ cblr-1765 451 125 . . PUNCT cblr-1765 452 1 iv iv X cblr-1765 452 2 . . PUNCT cblr-1765 452 3 problems problem NOUN cblr-1765 452 4 created create VERB cblr-1765 452 5 by by ADP cblr-1765 452 6 in in ADP cblr-1765 452 7 re re PROPN cblr-1765 452 8 fairfield fairfield PROPN cblr-1765 452 9 sentry sentry PROPN cblr-1765 452 10 and and CCONJ cblr-1765 452 11 two two NUM cblr-1765 452 12 solutions solution NOUN cblr-1765 452 13 a. a. NOUN cblr-1765 452 14 problems problem NOUN cblr-1765 452 15 created create VERB cblr-1765 452 16 by by ADP cblr-1765 452 17 in in ADP cblr-1765 452 18 re re PROPN cblr-1765 452 19 fairfield fairfield PROPN cblr-1765 452 20 sentry sentry PROPN cblr-1765 452 21 despite despite SCONJ cblr-1765 452 22 its its PRON cblr-1765 452 23 purported purport VERB cblr-1765 452 24 benefits benefit NOUN cblr-1765 452 25 , , PUNCT cblr-1765 452 26 in in ADP cblr-1765 452 27 re re PRON cblr-1765 452 28 fairfield fairfield PROPN cblr-1765 452 29 sentry sentry PROPN cblr-1765 452 30 has have AUX cblr-1765 452 31 created create VERB cblr-1765 452 32 several several ADJ cblr-1765 452 33 critical critical ADJ cblr-1765 452 34 problems problem NOUN cblr-1765 452 35 for for ADP cblr-1765 452 36 comi comi NOUN cblr-1765 452 37 analysis analysis NOUN cblr-1765 452 38 in in ADP cblr-1765 452 39 the the DET cblr-1765 452 40 second second ADJ cblr-1765 452 41 circuit circuit NOUN cblr-1765 452 42 . . PUNCT cblr-1765 453 1 by by ADP cblr-1765 453 2 determining determine VERB cblr-1765 453 3 comi comi NOUN cblr-1765 453 4 at at ADP cblr-1765 453 5 the the DET cblr-1765 453 6 time time NOUN cblr-1765 453 7 of of ADP cblr-1765 453 8 the the DET cblr-1765 453 9 filing filing NOUN cblr-1765 453 10 of of ADP cblr-1765 453 11 the the DET cblr-1765 453 12 chapter chapter NOUN cblr-1765 453 13 15 15 NUM cblr-1765 453 14 petition petition NOUN cblr-1765 453 15 , , PUNCT cblr-1765 453 16 the the DET cblr-1765 453 17 court court NOUN cblr-1765 453 18 paradoxically paradoxically ADV cblr-1765 453 19 determines determine VERB cblr-1765 453 20 jurisdiction jurisdiction NOUN cblr-1765 453 21 based base VERB cblr-1765 453 22 on on ADP cblr-1765 453 23 where where SCONJ cblr-1765 453 24 a a DET cblr-1765 453 25 proceeding proceeding NOUN cblr-1765 453 26 is be AUX cblr-1765 453 27 filed file VERB cblr-1765 453 28 , , PUNCT cblr-1765 453 29 thus thus ADV cblr-1765 453 30 facilitating facilitate VERB cblr-1765 453 31 forum forum NOUN cblr-1765 453 32 shopping shopping NOUN cblr-1765 453 33 and and CCONJ cblr-1765 453 34 shattering shatter VERB cblr-1765 453 35 the the DET cblr-1765 453 36 expectations expectation NOUN cblr-1765 453 37 of of ADP cblr-1765 453 38 creditors creditor NOUN cblr-1765 453 39 . . PUNCT cblr-1765 454 1 it it PRON cblr-1765 454 2 is be AUX cblr-1765 454 3 contradictory contradictory ADJ cblr-1765 454 4 that that SCONJ cblr-1765 454 5 a a DET cblr-1765 454 6 debtor debtor NOUN cblr-1765 454 7 can can AUX cblr-1765 454 8 commence commence VERB cblr-1765 454 9 proceedings proceeding NOUN cblr-1765 454 10 in in ADP cblr-1765 454 11 a a DET cblr-1765 454 12 jurisdiction jurisdiction NOUN cblr-1765 454 13 where where SCONJ cblr-1765 454 14 it it PRON cblr-1765 454 15 does do AUX cblr-1765 454 16 not not PART cblr-1765 454 17 have have VERB cblr-1765 454 18 its its PRON cblr-1765 454 19 comi comi NOUN cblr-1765 454 20 on on ADP cblr-1765 454 21 the the DET cblr-1765 454 22 grounds ground NOUN cblr-1765 454 23 that that SCONJ cblr-1765 454 24 the the DET cblr-1765 454 25 proceeding proceeding NOUN cblr-1765 454 26 itself itself PRON cblr-1765 454 27 will will AUX cblr-1765 454 28 establish establish VERB cblr-1765 454 29 the the DET cblr-1765 454 30 jurisdiction jurisdiction NOUN cblr-1765 454 31 as as ADP cblr-1765 454 32 appropriate appropriate ADJ cblr-1765 454 33 . . PUNCT cblr-1765 455 1 in in ADP cblr-1765 455 2 a a DET cblr-1765 455 3 sense sense NOUN cblr-1765 455 4 , , PUNCT cblr-1765 455 5 this this PRON cblr-1765 455 6 is be AUX cblr-1765 455 7 much much ADV cblr-1765 455 8 like like ADP cblr-1765 455 9 a a DET cblr-1765 455 10 u.s u.s PROPN cblr-1765 455 11 . . PROPN cblr-1765 455 12 court court NOUN cblr-1765 455 13 determining determine VERB cblr-1765 455 14 that that SCONJ cblr-1765 455 15 there there PRON cblr-1765 455 16 is be VERB cblr-1765 455 17 initially initially ADV cblr-1765 455 18 no no DET cblr-1765 455 19 102 102 NUM cblr-1765 455 20 in in ADP cblr-1765 455 21 re re NOUN cblr-1765 455 22 ran run VERB cblr-1765 455 23 , , PUNCT cblr-1765 455 24 607 607 NUM cblr-1765 455 25 f.3d f.3d NUM cblr-1765 455 26 1017 1017 NUM cblr-1765 455 27 , , PUNCT cblr-1765 455 28 1025 1025 NUM cblr-1765 455 29 ( ( PUNCT cblr-1765 455 30 5th 5th ADJ cblr-1765 455 31 cir cir NOUN cblr-1765 455 32 . . PUNCT cblr-1765 455 33 2010 2010 NUM cblr-1765 455 34 ) ) PUNCT cblr-1765 455 35 . . PUNCT cblr-1765 456 1 103 103 NUM cblr-1765 457 1 while while SCONJ cblr-1765 457 2 this this PRON cblr-1765 457 3 supports support VERB cblr-1765 457 4 the the DET cblr-1765 457 5 desirability desirability NOUN cblr-1765 457 6 of of ADP cblr-1765 457 7 the the PRON cblr-1765 457 8 in in ADP cblr-1765 457 9 re re PROPN cblr-1765 457 10 fairfield fairfield PROPN cblr-1765 457 11 sentry sentry PROPN cblr-1765 457 12 approach approach NOUN cblr-1765 457 13 over over ADP cblr-1765 457 14 an an DET cblr-1765 457 15 inquiry inquiry NOUN cblr-1765 457 16 into into ADP cblr-1765 457 17 a a DET cblr-1765 457 18 debtor debtor NOUN cblr-1765 457 19 ’s ’s PART cblr-1765 457 20 entire entire ADJ cblr-1765 457 21 operational operational ADJ cblr-1765 457 22 history history NOUN cblr-1765 457 23 , , PUNCT cblr-1765 457 24 it it PRON cblr-1765 457 25 does do AUX cblr-1765 457 26 not not PART cblr-1765 457 27 distinguish distinguish VERB cblr-1765 457 28 that that SCONJ cblr-1765 457 29 approach approach NOUN cblr-1765 457 30 from from ADP cblr-1765 457 31 the the DET cblr-1765 457 32 in in NOUN cblr-1765 457 33 re re NOUN cblr-1765 457 34 millennium millennium PROPN cblr-1765 457 35 global global ADJ cblr-1765 457 36 approach approach NOUN cblr-1765 457 37 . . PUNCT cblr-1765 458 1 hallock hallock NOUN cblr-1765 458 2 – – PUNCT cblr-1765 458 3 final final ADJ cblr-1765 458 4 1104 1104 NUM cblr-1765 458 5 columbia columbia PROPN cblr-1765 458 6 business business NOUN cblr-1765 458 7 law law PROPN cblr-1765 458 8 review review NOUN cblr-1765 458 9 [ [ X cblr-1765 458 10 vol vol NOUN cblr-1765 458 11 . . NOUN cblr-1765 458 12 2015 2015 NUM cblr-1765 458 13 personal personal ADJ cblr-1765 458 14 jurisdiction jurisdiction NOUN cblr-1765 458 15 over over ADP cblr-1765 458 16 parties party NOUN cblr-1765 458 17 before before ADP cblr-1765 458 18 the the DET cblr-1765 458 19 court court NOUN cblr-1765 458 20 , , PUNCT cblr-1765 458 21 but but CCONJ cblr-1765 458 22 that that SCONJ cblr-1765 458 23 by by ADP cblr-1765 458 24 commencing commence VERB cblr-1765 458 25 the the DET cblr-1765 458 26 proceeding proceeding NOUN cblr-1765 458 27 , , PUNCT cblr-1765 458 28 personal personal ADJ cblr-1765 458 29 jurisdiction jurisdiction NOUN cblr-1765 458 30 over over ADP cblr-1765 458 31 the the DET cblr-1765 458 32 parties party NOUN cblr-1765 458 33 is be AUX cblr-1765 458 34 established.104 established.104 NOUN cblr-1765 458 35 in in ADP cblr-1765 458 36 this this DET cblr-1765 458 37 sense sense NOUN cblr-1765 458 38 , , PUNCT cblr-1765 458 39 under under ADP cblr-1765 458 40 the the DET cblr-1765 458 41 in in ADP cblr-1765 458 42 re re PROPN cblr-1765 458 43 fairfield fairfield PROPN cblr-1765 458 44 sentry sentry PROPN cblr-1765 458 45 approach approach NOUN cblr-1765 458 46 , , PUNCT cblr-1765 458 47 comi comi NOUN cblr-1765 458 48 determinations determination NOUN cblr-1765 458 49 are be AUX cblr-1765 458 50 largely largely ADV cblr-1765 458 51 contrary contrary ADJ cblr-1765 458 52 to to ADP cblr-1765 458 53 u.s u.s PROPN cblr-1765 458 54 . . PROPN cblr-1765 458 55 legal legal ADJ cblr-1765 458 56 procedure.105 procedure.105 ADJ cblr-1765 458 57 debtors debtor NOUN cblr-1765 458 58 are be AUX cblr-1765 458 59 able able ADJ cblr-1765 458 60 to to PART cblr-1765 458 61 commence commence VERB cblr-1765 458 62 proceedings proceeding NOUN cblr-1765 458 63 in in ADP cblr-1765 458 64 inappropriate inappropriate ADJ cblr-1765 458 65 jurisdictions jurisdiction NOUN cblr-1765 458 66 with with ADP cblr-1765 458 67 the the DET cblr-1765 458 68 knowledge knowledge NOUN cblr-1765 458 69 that that SCONJ cblr-1765 458 70 they they PRON cblr-1765 458 71 will will AUX cblr-1765 458 72 still still ADV cblr-1765 458 73 likely likely ADV cblr-1765 458 74 be be AUX cblr-1765 458 75 recognized recognize VERB cblr-1765 458 76 by by ADP cblr-1765 458 77 u.s u.s PROPN cblr-1765 458 78 . . PROPN cblr-1765 458 79 courts court NOUN cblr-1765 458 80 . . PUNCT cblr-1765 459 1 furthermore furthermore ADV cblr-1765 459 2 , , PUNCT cblr-1765 459 3 by by ADP cblr-1765 459 4 allowing allow VERB cblr-1765 459 5 debtors debtor NOUN cblr-1765 459 6 to to PART cblr-1765 459 7 lodge lodge VERB cblr-1765 459 8 their their PRON cblr-1765 459 9 comi comi NOUN cblr-1765 459 10 in in ADP cblr-1765 459 11 another another DET cblr-1765 459 12 country country NOUN cblr-1765 459 13 by by ADP cblr-1765 459 14 commencing commence VERB cblr-1765 459 15 a a DET cblr-1765 459 16 foreign foreign ADJ cblr-1765 459 17 proceeding proceeding NOUN cblr-1765 459 18 and and CCONJ cblr-1765 459 19 conducting conduct VERB cblr-1765 459 20 liquidation liquidation NOUN cblr-1765 459 21 activities activity NOUN cblr-1765 459 22 , , PUNCT cblr-1765 459 23 courts court NOUN cblr-1765 459 24 have have AUX cblr-1765 459 25 increased increase VERB cblr-1765 459 26 the the DET cblr-1765 459 27 opportunity opportunity NOUN cblr-1765 459 28 for for SCONJ cblr-1765 459 29 forum forum NOUN cblr-1765 459 30 shopping.106 shopping.106 PROPN cblr-1765 459 31 unconstrained unconstraine VERB cblr-1765 459 32 by by ADP cblr-1765 459 33 their their PRON cblr-1765 459 34 prior prior ADJ cblr-1765 459 35 operational operational ADJ cblr-1765 459 36 history history NOUN cblr-1765 459 37 , , PUNCT cblr-1765 459 38 debtors debtor NOUN cblr-1765 459 39 are be AUX cblr-1765 459 40 virtually virtually ADV cblr-1765 459 41 free free ADJ cblr-1765 459 42 to to PART cblr-1765 459 43 launch launch VERB cblr-1765 459 44 insolvency insolvency NOUN cblr-1765 459 45 proceedings proceeding NOUN cblr-1765 459 46 in in ADP cblr-1765 459 47 the the DET cblr-1765 459 48 country country NOUN cblr-1765 459 49 of of ADP cblr-1765 459 50 their their PRON cblr-1765 459 51 choice choice NOUN cblr-1765 459 52 . . PUNCT cblr-1765 460 1 accordingly accordingly ADV cblr-1765 460 2 , , PUNCT cblr-1765 460 3 debtors debtor NOUN cblr-1765 460 4 are be AUX cblr-1765 460 5 incentivized incentivize VERB cblr-1765 460 6 to to ADP cblr-1765 460 7 commence commence NOUN cblr-1765 460 8 proceedings proceeding NOUN cblr-1765 460 9 in in ADP cblr-1765 460 10 haven haven NOUN cblr-1765 460 11 jurisdictions jurisdiction NOUN cblr-1765 460 12 most most ADV cblr-1765 460 13 favorable favorable ADJ cblr-1765 460 14 to to ADP cblr-1765 460 15 their their PRON cblr-1765 460 16 interests.107 interests.107 NOUN cblr-1765 460 17 this this PRON cblr-1765 460 18 has have AUX cblr-1765 460 19 created create VERB cblr-1765 460 20 a a DET cblr-1765 460 21 sort sort NOUN cblr-1765 460 22 of of ADP cblr-1765 460 23 “ " PUNCT cblr-1765 460 24 bankruptcy bankruptcy NOUN cblr-1765 460 25 tourism,”108 tourism,”108 NOUN cblr-1765 460 26 with with ADP cblr-1765 460 27 an an DET cblr-1765 460 28 increasing increase VERB cblr-1765 460 29 prevalence prevalence NOUN cblr-1765 460 30 of of ADP cblr-1765 460 31 “ " PUNCT cblr-1765 460 32 opaque opaque ADJ cblr-1765 460 33 proceedings proceeding NOUN cblr-1765 460 34 on on ADP cblr-1765 460 35 distant distant ADJ cblr-1765 460 36 islands island NOUN cblr-1765 460 37 ” " PUNCT cblr-1765 460 38 where where SCONJ cblr-1765 460 39 debtors debtor NOUN cblr-1765 460 40 had have VERB cblr-1765 460 41 little little ADJ cblr-1765 460 42 or or CCONJ cblr-1765 460 43 no no PRON cblr-1765 460 44 104 104 NUM cblr-1765 460 45 see see NOUN cblr-1765 460 46 westbrook westbrook NOUN cblr-1765 460 47 , , PUNCT cblr-1765 460 48 supra supra PROPN cblr-1765 460 49 note note NOUN cblr-1765 460 50 3 3 NUM cblr-1765 460 51 , , PUNCT cblr-1765 460 52 at at ADP cblr-1765 460 53 186 186 NUM cblr-1765 460 54 ( ( PUNCT cblr-1765 460 55 “ " PUNCT cblr-1765 460 56 [ [ X cblr-1765 460 57 f]inding f]inde VERB cblr-1765 460 58 that that SCONJ cblr-1765 460 59 a a DET cblr-1765 460 60 company company NOUN cblr-1765 460 61 that that PRON cblr-1765 460 62 had have AUX cblr-1765 460 63 ceased cease VERB cblr-1765 460 64 to to PART cblr-1765 460 65 do do VERB cblr-1765 460 66 business business NOUN cblr-1765 460 67 could could AUX cblr-1765 460 68 file file VERB cblr-1765 460 69 in in ADP cblr-1765 460 70 its its PRON cblr-1765 460 71 haven haven NOUN cblr-1765 460 72 jurisdiction jurisdiction NOUN cblr-1765 460 73 and and CCONJ cblr-1765 460 74 after after ADP cblr-1765 460 75 a a DET cblr-1765 460 76 year year NOUN cblr-1765 460 77 could could AUX cblr-1765 460 78 claim claim VERB cblr-1765 460 79 that that SCONJ cblr-1765 460 80 legal legal ADJ cblr-1765 460 81 proceeding proceeding NOUN cblr-1765 460 82 as as ADP cblr-1765 460 83 its its PRON cblr-1765 460 84 center center NOUN cblr-1765 460 85 of of ADP cblr-1765 460 86 main main ADJ cblr-1765 460 87 interests interest NOUN cblr-1765 460 88 . . PUNCT cblr-1765 460 89 . . PUNCT cblr-1765 461 1 . . PUNCT cblr-1765 461 2 is be AUX cblr-1765 461 3 about about ADV cblr-1765 461 4 the the DET cblr-1765 461 5 same same ADJ cblr-1765 461 6 as as ADP cblr-1765 461 7 saying say VERB cblr-1765 461 8 that that SCONJ cblr-1765 461 9 the the DET cblr-1765 461 10 place place NOUN cblr-1765 461 11 of of ADP cblr-1765 461 12 a a DET cblr-1765 461 13 tort tort NOUN cblr-1765 461 14 claim claim NOUN cblr-1765 461 15 for for ADP cblr-1765 461 16 choice choice NOUN cblr-1765 461 17 - - PUNCT cblr-1765 461 18 of of ADP cblr-1765 461 19 - - PUNCT cblr-1765 461 20 law law NOUN cblr-1765 461 21 purposes purpose NOUN cblr-1765 461 22 is be AUX cblr-1765 461 23 the the DET cblr-1765 461 24 court court NOUN cblr-1765 461 25 where where SCONJ cblr-1765 461 26 the the DET cblr-1765 461 27 negligence negligence NOUN cblr-1765 461 28 suit suit NOUN cblr-1765 461 29 has have AUX cblr-1765 461 30 been be AUX cblr-1765 461 31 brought bring VERB cblr-1765 461 32 . . PUNCT cblr-1765 461 33 ” " PUNCT cblr-1765 461 34 ) ) PUNCT cblr-1765 461 35 . . PUNCT cblr-1765 462 1 105 105 NUM cblr-1765 462 2 given give VERB cblr-1765 462 3 how how SCONJ cblr-1765 462 4 narrowly narrowly ADJ cblr-1765 462 5 courts court NOUN cblr-1765 462 6 have have AUX cblr-1765 462 7 interpreted interpret VERB cblr-1765 462 8 chapter chapter NOUN cblr-1765 462 9 15 15 NUM cblr-1765 462 10 ’s ’s PART cblr-1765 462 11 “ " PUNCT cblr-1765 462 12 contrary contrary ADJ cblr-1765 462 13 to to ADP cblr-1765 462 14 public public ADJ cblr-1765 462 15 policy policy NOUN cblr-1765 462 16 ” " PUNCT cblr-1765 462 17 exception exception NOUN cblr-1765 462 18 , , PUNCT cblr-1765 462 19 it it PRON cblr-1765 462 20 is be AUX cblr-1765 462 21 not not PART cblr-1765 462 22 a a DET cblr-1765 462 23 viable viable ADJ cblr-1765 462 24 avenue avenue NOUN cblr-1765 462 25 for for ADP cblr-1765 462 26 voiding void VERB cblr-1765 462 27 the the DET cblr-1765 462 28 in in ADP cblr-1765 462 29 re re PROPN cblr-1765 462 30 fairfield fairfield PROPN cblr-1765 462 31 sentry sentry PROPN cblr-1765 462 32 determination determination NOUN cblr-1765 462 33 . . PUNCT cblr-1765 463 1 see see VERB cblr-1765 463 2 supra supra PROPN cblr-1765 463 3 note note PROPN cblr-1765 463 4 8 8 NUM cblr-1765 463 5 . . SYM cblr-1765 463 6 106 106 NUM cblr-1765 463 7 see see VERB cblr-1765 463 8 in in ADP cblr-1765 463 9 re re NOUN cblr-1765 463 10 millennium millennium NOUN cblr-1765 463 11 global global ADJ cblr-1765 463 12 emerging emerge VERB cblr-1765 463 13 credit credit NOUN cblr-1765 463 14 master master PROPN cblr-1765 463 15 fund fund PROPN cblr-1765 463 16 ltd ltd PROPN cblr-1765 463 17 . . PROPN cblr-1765 463 18 , , PUNCT cblr-1765 463 19 458 458 PROPN cblr-1765 463 20 b.r b.r PROPN cblr-1765 463 21 . . PROPN cblr-1765 463 22 63 63 NUM cblr-1765 463 23 , , PUNCT cblr-1765 463 24 75 75 NUM cblr-1765 463 25 ( ( PUNCT cblr-1765 463 26 bankr bankr PROPN cblr-1765 463 27 . . PUNCT cblr-1765 464 1 s.d.n.y s.d.n.y PROPN cblr-1765 464 2 . . PROPN cblr-1765 464 3 2011 2011 NUM cblr-1765 464 4 ) ) PUNCT cblr-1765 464 5 ( ( PUNCT cblr-1765 464 6 “ " PUNCT cblr-1765 464 7 use use NOUN cblr-1765 464 8 of of ADP cblr-1765 464 9 the the DET cblr-1765 464 10 chapter chapter NOUN cblr-1765 464 11 15 15 NUM cblr-1765 464 12 petition petition NOUN cblr-1765 464 13 date date NOUN cblr-1765 464 14 as as ADP cblr-1765 464 15 the the DET cblr-1765 464 16 date date NOUN cblr-1765 464 17 for for ADP cblr-1765 464 18 determining determine VERB cblr-1765 464 19 recognition recognition NOUN cblr-1765 464 20 also also ADV cblr-1765 464 21 leads lead VERB cblr-1765 464 22 to to ADP cblr-1765 464 23 the the DET cblr-1765 464 24 possibility possibility NOUN cblr-1765 464 25 of of ADP cblr-1765 464 26 forum forum PROPN cblr-1765 464 27 shopping shopping NOUN cblr-1765 464 28 , , PUNCT cblr-1765 464 29 as as SCONJ cblr-1765 464 30 it it PRON cblr-1765 464 31 gives give VERB cblr-1765 464 32 prima prima PROPN cblr-1765 464 33 facie facie NOUN cblr-1765 464 34 recognition recognition NOUN cblr-1765 464 35 to to ADP cblr-1765 464 36 a a DET cblr-1765 464 37 change change NOUN cblr-1765 464 38 of of ADP cblr-1765 464 39 residence residence NOUN cblr-1765 464 40 between between ADP cblr-1765 464 41 the the DET cblr-1765 464 42 date date NOUN cblr-1765 464 43 of of ADP cblr-1765 464 44 opening opening NOUN cblr-1765 464 45 proceedings proceeding NOUN cblr-1765 464 46 in in ADP cblr-1765 464 47 the the DET cblr-1765 464 48 foreign foreign ADJ cblr-1765 464 49 nation nation NOUN cblr-1765 464 50 and and CCONJ cblr-1765 464 51 the the DET cblr-1765 464 52 chapter chapter NOUN cblr-1765 464 53 15 15 NUM cblr-1765 464 54 petition petition NOUN cblr-1765 464 55 date date NOUN cblr-1765 464 56 . . PUNCT cblr-1765 464 57 ” " PUNCT cblr-1765 464 58 ) ) PUNCT cblr-1765 464 59 . . PUNCT cblr-1765 465 1 107 107 NUM cblr-1765 465 2 see see VERB cblr-1765 465 3 westbrook westbrook PROPN cblr-1765 465 4 , , PUNCT cblr-1765 465 5 supra supra PROPN cblr-1765 465 6 note note NOUN cblr-1765 465 7 3 3 NUM cblr-1765 465 8 , , PUNCT cblr-1765 465 9 at at ADP cblr-1765 465 10 185 185 NUM cblr-1765 465 11 , , PUNCT cblr-1765 465 12 185 185 NUM cblr-1765 465 13 n.37 n.37 PROPN cblr-1765 465 14 ( ( PUNCT cblr-1765 465 15 “ " PUNCT cblr-1765 465 16 sadly sadly ADV cblr-1765 465 17 , , PUNCT cblr-1765 465 18 the the DET cblr-1765 465 19 haven haven NOUN cblr-1765 465 20 jurisdictions jurisdiction NOUN cblr-1765 465 21 , , PUNCT cblr-1765 465 22 where where SCONJ cblr-1765 465 23 insolvencies insolvency NOUN cblr-1765 465 24 proceed proceed VERB cblr-1765 465 25 beyond beyond ADP cblr-1765 465 26 the the DET cblr-1765 465 27 range range NOUN cblr-1765 465 28 of of ADP cblr-1765 465 29 the the DET cblr-1765 465 30 radar radar NOUN cblr-1765 465 31 and and CCONJ cblr-1765 465 32 beyond beyond ADP cblr-1765 465 33 the the DET cblr-1765 465 34 reach reach NOUN cblr-1765 465 35 of of ADP cblr-1765 465 36 most most ADJ cblr-1765 465 37 lawyers lawyer NOUN cblr-1765 465 38 , , PUNCT cblr-1765 465 39 are be AUX cblr-1765 465 40 working work VERB cblr-1765 465 41 their their PRON cblr-1765 465 42 way way NOUN cblr-1765 465 43 into into ADP cblr-1765 465 44 recognition recognition NOUN cblr-1765 465 45 under under ADP cblr-1765 465 46 chapter chapter NOUN cblr-1765 465 47 15 15 NUM cblr-1765 465 48 . . PUNCT cblr-1765 465 49 . . PUNCT cblr-1765 465 50 . . PUNCT cblr-1765 466 1 . . PUNCT cblr-1765 467 1 by by ADP cblr-1765 467 2 a a DET cblr-1765 467 3 haven haven NOUN cblr-1765 467 4 jurisdiction jurisdiction NOUN cblr-1765 467 5 , , PUNCT cblr-1765 467 6 i i PRON cblr-1765 467 7 mean mean VERB cblr-1765 467 8 one one NUM cblr-1765 467 9 only only ADV cblr-1765 467 10 formally formally ADV cblr-1765 467 11 connected connect VERB cblr-1765 467 12 with with ADP cblr-1765 467 13 the the DET cblr-1765 467 14 company company NOUN cblr-1765 467 15 and and CCONJ cblr-1765 467 16 its its PRON cblr-1765 467 17 business business NOUN cblr-1765 467 18 . . PUNCT cblr-1765 468 1 typically typically ADV cblr-1765 468 2 these these DET cblr-1765 468 3 jurisdictions jurisdiction NOUN cblr-1765 468 4 are be AUX cblr-1765 468 5 also also ADV cblr-1765 468 6 identified identify VERB cblr-1765 468 7 as as ADP cblr-1765 468 8 tax tax NOUN cblr-1765 468 9 havens haven NOUN cblr-1765 468 10 . . PUNCT cblr-1765 468 11 ” " PUNCT cblr-1765 468 12 ) ) PUNCT cblr-1765 468 13 . . PUNCT cblr-1765 469 1 108 108 NUM cblr-1765 469 2 see see VERB cblr-1765 469 3 westbrook westbrook NOUN cblr-1765 469 4 , , PUNCT cblr-1765 469 5 supra supra PROPN cblr-1765 469 6 note note NOUN cblr-1765 469 7 98 98 NUM cblr-1765 469 8 , , PUNCT cblr-1765 469 9 at at ADP cblr-1765 469 10 166 166 NUM cblr-1765 469 11 . . PUNCT cblr-1765 470 1 hallock hallock NOUN cblr-1765 470 2 – – PUNCT cblr-1765 470 3 final final ADJ cblr-1765 470 4 no no NOUN cblr-1765 470 5 . . PUNCT cblr-1765 471 1 3:1074 3:1074 NUM cblr-1765 471 2 ] ] PUNCT cblr-1765 471 3 time time NOUN cblr-1765 471 4 out out ADP cblr-1765 471 5 1105 1105 NUM cblr-1765 471 6 prior prior ADV cblr-1765 471 7 operations.109 operations.109 VERB cblr-1765 471 8 while while SCONJ cblr-1765 471 9 courts court NOUN cblr-1765 471 10 may may AUX cblr-1765 471 11 take take VERB cblr-1765 471 12 precautions precaution NOUN cblr-1765 471 13 against against ADP cblr-1765 471 14 such such ADJ cblr-1765 471 15 manipulation manipulation NOUN cblr-1765 471 16 of of ADP cblr-1765 471 17 comi comi NOUN cblr-1765 471 18 , , PUNCT cblr-1765 471 19 such such ADJ cblr-1765 471 20 precautions precaution NOUN cblr-1765 471 21 increase increase VERB cblr-1765 471 22 the the DET cblr-1765 471 23 difficulty difficulty NOUN cblr-1765 471 24 of of ADP cblr-1765 471 25 comi comi NOUN cblr-1765 471 26 analysis analysis NOUN cblr-1765 471 27 , , PUNCT cblr-1765 471 28 and and CCONJ cblr-1765 471 29 no no DET cblr-1765 471 30 court court NOUN cblr-1765 471 31 has have AUX cblr-1765 471 32 yet yet ADV cblr-1765 471 33 put put VERB cblr-1765 471 34 forward forward ADV cblr-1765 471 35 workable workable ADJ cblr-1765 471 36 safeguards.110 safeguards.110 PROPN cblr-1765 471 37 in in ADP cblr-1765 471 38 this this DET cblr-1765 471 39 manner manner NOUN cblr-1765 471 40 , , PUNCT cblr-1765 471 41 the the DET cblr-1765 471 42 in in ADP cblr-1765 471 43 re re PROPN cblr-1765 471 44 fairfield fairfield PROPN cblr-1765 471 45 sentry sentry PROPN cblr-1765 471 46 ruling ruling NOUN cblr-1765 471 47 also also ADV cblr-1765 471 48 conflicts conflict VERB cblr-1765 471 49 with with ADP cblr-1765 471 50 the the DET cblr-1765 471 51 court court NOUN cblr-1765 471 52 of of ADP cblr-1765 471 53 appeals appeal NOUN cblr-1765 471 54 ’ ' PUNCT cblr-1765 471 55 decision decision NOUN cblr-1765 471 56 in in ADP cblr-1765 471 57 in in ADP cblr-1765 471 58 re re NOUN cblr-1765 471 59 bear bear PROPN cblr-1765 471 60 stearns stearns PROPN cblr-1765 471 61 . . PUNCT cblr-1765 472 1 as as SCONJ cblr-1765 472 2 previously previously ADV cblr-1765 472 3 discussed discuss VERB cblr-1765 472 4 , , PUNCT cblr-1765 472 5 in in ADP cblr-1765 472 6 in in ADP cblr-1765 472 7 re re VERB cblr-1765 472 8 bear bear PROPN cblr-1765 472 9 stearns stearn NOUN cblr-1765 472 10 the the DET cblr-1765 472 11 second second ADJ cblr-1765 472 12 circuit circuit NOUN cblr-1765 472 13 prohibited prohibit VERB cblr-1765 472 14 recognition recognition NOUN cblr-1765 472 15 of of ADP cblr-1765 472 16 “ " PUNCT cblr-1765 472 17 letterbox letterbox NOUN cblr-1765 472 18 ” " PUNCT cblr-1765 472 19 proceedings proceeding NOUN cblr-1765 472 20 — — PUNCT cblr-1765 472 21 comi comi NOUN cblr-1765 472 22 may may AUX cblr-1765 472 23 not not PART cblr-1765 472 24 be be AUX cblr-1765 472 25 established establish VERB cblr-1765 472 26 through through ADP cblr-1765 472 27 mere mere ADJ cblr-1765 472 28 formalities.111 formalities.111 PROPN cblr-1765 472 29 however however ADV cblr-1765 472 30 , , PUNCT cblr-1765 472 31 under under ADP cblr-1765 472 32 in in ADP cblr-1765 472 33 re re PROPN cblr-1765 472 34 fairfield fairfield PROPN cblr-1765 472 35 sentry sentry PROPN cblr-1765 472 36 , , PUNCT cblr-1765 472 37 companies company NOUN cblr-1765 472 38 are be AUX cblr-1765 472 39 able able ADJ cblr-1765 472 40 to to PART cblr-1765 472 41 establish establish VERB cblr-1765 472 42 letterbox letterbox NOUN cblr-1765 472 43 outposts outpost NOUN cblr-1765 472 44 as as ADP cblr-1765 472 45 their their PRON cblr-1765 472 46 comi comi NOUN cblr-1765 472 47 by by ADP cblr-1765 472 48 commencing commence VERB cblr-1765 472 49 insolvency insolvency NOUN cblr-1765 472 50 proceedings proceeding NOUN cblr-1765 472 51 in in ADP cblr-1765 472 52 that that DET cblr-1765 472 53 jurisdiction jurisdiction NOUN cblr-1765 472 54 . . PUNCT cblr-1765 473 1 at at ADP cblr-1765 473 2 best good ADJ cblr-1765 473 3 , , PUNCT cblr-1765 473 4 in in ADP cblr-1765 473 5 re re PRON cblr-1765 473 6 fairfield fairfield PROPN cblr-1765 473 7 sentry sentry PROPN cblr-1765 473 8 has have AUX cblr-1765 473 9 created create VERB cblr-1765 473 10 a a DET cblr-1765 473 11 massive massive ADJ cblr-1765 473 12 loophole loophole NOUN cblr-1765 473 13 in in ADP cblr-1765 473 14 the the DET cblr-1765 473 15 in in NOUN cblr-1765 473 16 re re PART cblr-1765 473 17 bear bear PROPN cblr-1765 473 18 stearns stearn NOUN cblr-1765 473 19 rule rule NOUN cblr-1765 473 20 by by ADP cblr-1765 473 21 narrowing narrow VERB cblr-1765 473 22 “ " PUNCT cblr-1765 473 23 letterbox letterbox NOUN cblr-1765 473 24 ” " PUNCT cblr-1765 473 25 inquiries inquiry NOUN cblr-1765 473 26 to to ADP cblr-1765 473 27 the the DET cblr-1765 473 28 time time NOUN cblr-1765 473 29 of of ADP cblr-1765 473 30 liquidation liquidation NOUN cblr-1765 473 31 activities activity NOUN cblr-1765 473 32 ; ; PUNCT cblr-1765 473 33 at at ADP cblr-1765 473 34 worst bad ADJ cblr-1765 473 35 , , PUNCT cblr-1765 473 36 it it PRON cblr-1765 473 37 directly directly ADV cblr-1765 473 38 conflicts conflict VERB cblr-1765 473 39 with with ADP cblr-1765 473 40 the the DET cblr-1765 473 41 decision decision NOUN cblr-1765 473 42 , , PUNCT cblr-1765 473 43 granting grant VERB cblr-1765 473 44 debtors debtor NOUN cblr-1765 473 45 near near ADP cblr-1765 473 46 certainty certainty NOUN cblr-1765 473 47 that that SCONJ cblr-1765 473 48 u.s u.s PROPN cblr-1765 473 49 . . PROPN cblr-1765 473 50 courts court NOUN cblr-1765 473 51 will will AUX cblr-1765 473 52 recognize recognize VERB cblr-1765 473 53 their their PRON cblr-1765 473 54 letterbox letterbox NOUN cblr-1765 473 55 proceedings.112 proceedings.112 ADJ cblr-1765 473 56 109 109 NUM cblr-1765 473 57 westbrook westbrook NOUN cblr-1765 473 58 , , PUNCT cblr-1765 473 59 supra supra PROPN cblr-1765 473 60 note note NOUN cblr-1765 473 61 3 3 NUM cblr-1765 473 62 , , PUNCT cblr-1765 473 63 at at ADP cblr-1765 473 64 186 186 NUM cblr-1765 473 65 ( ( PUNCT cblr-1765 473 66 “ " PUNCT cblr-1765 473 67 [ [ X cblr-1765 473 68 t]he t]he ADJ cblr-1765 473 69 trend trend NOUN cblr-1765 473 70 toward toward ADP cblr-1765 473 71 recognition recognition NOUN cblr-1765 473 72 of of ADP cblr-1765 473 73 opaque opaque ADJ cblr-1765 473 74 proceedings proceeding NOUN cblr-1765 473 75 on on ADP cblr-1765 473 76 distant distant ADJ cblr-1765 473 77 islands island NOUN cblr-1765 473 78 is be AUX cblr-1765 473 79 disturbing disturbing ADJ cblr-1765 473 80 . . PUNCT cblr-1765 473 81 ” " PUNCT cblr-1765 473 82 ) ) PUNCT cblr-1765 473 83 . . PUNCT cblr-1765 474 1 110 110 NUM cblr-1765 474 2 see see VERB cblr-1765 474 3 in in ADP cblr-1765 474 4 re re PROPN cblr-1765 474 5 fairfield fairfield PROPN cblr-1765 474 6 sentry sentry PROPN cblr-1765 474 7 ltd ltd PROPN cblr-1765 474 8 . . PROPN cblr-1765 474 9 , , PUNCT cblr-1765 474 10 440 440 NUM cblr-1765 474 11 b.r b.r PROPN cblr-1765 474 12 . . PROPN cblr-1765 474 13 60 60 NUM cblr-1765 474 14 , , PUNCT cblr-1765 474 15 65 65 NUM cblr-1765 474 16 ( ( PUNCT cblr-1765 474 17 bankr bankr PROPN cblr-1765 474 18 . . PUNCT cblr-1765 475 1 s.d.n.y s.d.n.y PROPN cblr-1765 475 2 . . PROPN cblr-1765 475 3 2010 2010 NUM cblr-1765 475 4 ) ) PUNCT cblr-1765 475 5 ( ( PUNCT cblr-1765 475 6 “ " PUNCT cblr-1765 475 7 in in ADP cblr-1765 475 8 any any DET cblr-1765 475 9 proceeding proceeding NOUN cblr-1765 475 10 for for ADP cblr-1765 475 11 foreign foreign ADJ cblr-1765 475 12 recognition recognition NOUN cblr-1765 475 13 , , PUNCT cblr-1765 475 14 of of ADP cblr-1765 475 15 great great ADJ cblr-1765 475 16 concern concern NOUN cblr-1765 475 17 to to ADP cblr-1765 475 18 the the DET cblr-1765 475 19 court court NOUN cblr-1765 475 20 is be AUX cblr-1765 475 21 the the DET cblr-1765 475 22 potential potential NOUN cblr-1765 475 23 for for ADP cblr-1765 475 24 mischief mischief NOUN cblr-1765 475 25 and and CCONJ cblr-1765 475 26 comi comi NOUN cblr-1765 475 27 manipulation manipulation NOUN cblr-1765 475 28 . . PUNCT cblr-1765 475 29 . . PUNCT cblr-1765 475 30 . . PUNCT cblr-1765 475 31 . . PUNCT cblr-1765 475 32 ” " PUNCT cblr-1765 475 33 ) ) PUNCT cblr-1765 475 34 ; ; PUNCT cblr-1765 475 35 in in ADP cblr-1765 475 36 re re NOUN cblr-1765 475 37 ran run VERB cblr-1765 475 38 , , PUNCT cblr-1765 475 39 607 607 NUM cblr-1765 475 40 f.3d f.3d NUM cblr-1765 475 41 1017 1017 NUM cblr-1765 475 42 , , PUNCT cblr-1765 475 43 1026 1026 NUM cblr-1765 475 44 ( ( PUNCT cblr-1765 475 45 5th 5th ADJ cblr-1765 475 46 cir cir NOUN cblr-1765 475 47 . . PUNCT cblr-1765 476 1 2010 2010 NUM cblr-1765 476 2 ) ) PUNCT cblr-1765 477 1 ( ( PUNCT cblr-1765 477 2 explaining explain VERB cblr-1765 477 3 how how SCONJ cblr-1765 477 4 a a DET cblr-1765 477 5 foreign foreign ADJ cblr-1765 477 6 proceeding proceeding NOUN cblr-1765 477 7 brought bring VERB cblr-1765 477 8 immediately immediately ADV cblr-1765 477 9 after after ADP cblr-1765 477 10 a a DET cblr-1765 477 11 party party NOUN cblr-1765 477 12 ’s ’s PART cblr-1765 477 13 arrival arrival NOUN cblr-1765 477 14 in in ADP cblr-1765 477 15 that that DET cblr-1765 477 16 country country NOUN cblr-1765 477 17 following follow VERB cblr-1765 477 18 a a DET cblr-1765 477 19 long long ADJ cblr-1765 477 20 period period NOUN cblr-1765 477 21 of of ADP cblr-1765 477 22 domicile domicile NOUN cblr-1765 477 23 in in ADP cblr-1765 477 24 another another DET cblr-1765 477 25 country country NOUN cblr-1765 477 26 would would AUX cblr-1765 477 27 raise raise VERB cblr-1765 477 28 concerns concern NOUN cblr-1765 477 29 about about ADP cblr-1765 477 30 fraudulent fraudulent ADJ cblr-1765 477 31 manipulation manipulation NOUN cblr-1765 477 32 of of ADP cblr-1765 477 33 comi comi NOUN cblr-1765 477 34 ) ) PUNCT cblr-1765 477 35 . . PUNCT cblr-1765 478 1 part part NOUN cblr-1765 478 2 iv.b iv.b NOUN cblr-1765 478 3 of of ADP cblr-1765 478 4 this this DET cblr-1765 478 5 note note NOUN cblr-1765 478 6 will will AUX cblr-1765 478 7 discuss discuss VERB cblr-1765 478 8 the the DET cblr-1765 478 9 most most ADV cblr-1765 478 10 widespread widespread ADJ cblr-1765 478 11 tactic tactic ADJ cblr-1765 478 12 courts court NOUN cblr-1765 478 13 have have AUX cblr-1765 478 14 employed employ VERB cblr-1765 478 15 to to PART cblr-1765 478 16 prevent prevent VERB cblr-1765 478 17 manipulation manipulation NOUN cblr-1765 478 18 : : PUNCT cblr-1765 478 19 bad bad ADJ cblr-1765 478 20 faith faith NOUN cblr-1765 478 21 comi comi NOUN cblr-1765 478 22 manipulation manipulation NOUN cblr-1765 478 23 tests test NOUN cblr-1765 478 24 . . PUNCT cblr-1765 479 1 as as SCONJ cblr-1765 479 2 will will AUX cblr-1765 479 3 be be AUX cblr-1765 479 4 discussed discuss VERB cblr-1765 479 5 in in ADP cblr-1765 479 6 greater great ADJ cblr-1765 479 7 detail detail NOUN cblr-1765 479 8 , , PUNCT cblr-1765 479 9 this this DET cblr-1765 479 10 mechanism mechanism NOUN cblr-1765 479 11 has have VERB cblr-1765 479 12 serious serious ADJ cblr-1765 479 13 flaws flaw NOUN cblr-1765 479 14 , , PUNCT cblr-1765 479 15 limiting limit VERB cblr-1765 479 16 its its PRON cblr-1765 479 17 effectiveness effectiveness NOUN cblr-1765 479 18 . . PUNCT cblr-1765 480 1 111 111 NUM cblr-1765 480 2 see see NOUN cblr-1765 480 3 in in ADP cblr-1765 480 4 re re PART cblr-1765 480 5 bear bear VERB cblr-1765 480 6 stearns stearns PROPN cblr-1765 480 7 high high ADJ cblr-1765 480 8 - - PUNCT cblr-1765 480 9 grade grade NOUN cblr-1765 480 10 structured structured ADJ cblr-1765 480 11 credit credit NOUN cblr-1765 480 12 strategies strategy NOUN cblr-1765 480 13 master master NOUN cblr-1765 480 14 fund fund PROPN cblr-1765 480 15 , , PUNCT cblr-1765 480 16 ltd ltd PROPN cblr-1765 480 17 . . PROPN cblr-1765 480 18 , , PUNCT cblr-1765 480 19 374 374 NUM cblr-1765 480 20 b.r b.r PROPN cblr-1765 480 21 . . PROPN cblr-1765 480 22 122 122 NUM cblr-1765 480 23 , , PUNCT cblr-1765 480 24 129–30 129–30 NUM cblr-1765 480 25 ( ( PUNCT cblr-1765 480 26 bankr bankr PROPN cblr-1765 480 27 . . PUNCT cblr-1765 481 1 s.d.n.y s.d.n.y PROPN cblr-1765 481 2 . . PROPN cblr-1765 481 3 2007 2007 NUM cblr-1765 481 4 ) ) PUNCT cblr-1765 481 5 . . PUNCT cblr-1765 482 1 112 112 NUM cblr-1765 482 2 see see VERB cblr-1765 482 3 westbrook westbrook NOUN cblr-1765 482 4 , , PUNCT cblr-1765 482 5 supra supra PROPN cblr-1765 482 6 note note NOUN cblr-1765 482 7 3 3 NUM cblr-1765 482 8 , , PUNCT cblr-1765 482 9 at at ADP cblr-1765 482 10 185–86 185–86 NUM cblr-1765 482 11 ( ( PUNCT cblr-1765 482 12 “ " PUNCT cblr-1765 482 13 the the DET cblr-1765 482 14 bear bear NOUN cblr-1765 482 15 stearns stearns PROPN cblr-1765 482 16 case case NOUN cblr-1765 482 17 excluded exclude VERB cblr-1765 482 18 [ [ PUNCT cblr-1765 482 19 haven haven NOUN cblr-1765 482 20 jurisdictions jurisdiction NOUN cblr-1765 482 21 ] ] PUNCT cblr-1765 482 22 from from ADP cblr-1765 482 23 recognition recognition NOUN cblr-1765 482 24 as as ADP cblr-1765 482 25 any any DET cblr-1765 482 26 sort sort NOUN cblr-1765 482 27 of of ADP cblr-1765 482 28 foreign foreign ADJ cblr-1765 482 29 proceeding proceeding NOUN cblr-1765 482 30 for for ADP cblr-1765 482 31 chapter chapter NOUN cblr-1765 482 32 15 15 NUM cblr-1765 482 33 purposes purpose NOUN cblr-1765 482 34 unless unless SCONJ cblr-1765 482 35 they they PRON cblr-1765 482 36 had have VERB cblr-1765 482 37 a a DET cblr-1765 482 38 real real ADJ cblr-1765 482 39 connection connection NOUN cblr-1765 482 40 with with ADP cblr-1765 482 41 the the DET cblr-1765 482 42 debtor debtor NOUN cblr-1765 482 43 company company NOUN cblr-1765 482 44 , , PUNCT cblr-1765 482 45 rather rather ADV cblr-1765 482 46 than than ADP cblr-1765 482 47 merely merely ADV cblr-1765 482 48 a a DET cblr-1765 482 49 formal formal ADJ cblr-1765 482 50 one one NUM cblr-1765 482 51 . . PUNCT cblr-1765 483 1 more more ADV cblr-1765 483 2 recently recently ADV cblr-1765 483 3 , , PUNCT cblr-1765 483 4 however however ADV cblr-1765 483 5 , , PUNCT cblr-1765 483 6 [ [ X cblr-1765 483 7 in in ADP cblr-1765 483 8 re re PRON cblr-1765 483 9 fairfield fairfield PROPN cblr-1765 483 10 sentry sentry PROPN cblr-1765 483 11 ] ] PUNCT cblr-1765 483 12 created create VERB cblr-1765 483 13 a a DET cblr-1765 483 14 substantial substantial ADJ cblr-1765 483 15 loophole loophole NOUN cblr-1765 483 16 in in ADP cblr-1765 483 17 that that DET cblr-1765 483 18 rule rule NOUN cblr-1765 483 19 by by ADP cblr-1765 483 20 finding find VERB cblr-1765 483 21 that that SCONJ cblr-1765 483 22 a a DET cblr-1765 483 23 company company NOUN cblr-1765 483 24 that that PRON cblr-1765 483 25 had have AUX cblr-1765 483 26 ceased cease VERB cblr-1765 483 27 to to PART cblr-1765 483 28 do do VERB cblr-1765 483 29 business business NOUN cblr-1765 483 30 could could AUX cblr-1765 483 31 file file VERB cblr-1765 483 32 in in ADP cblr-1765 483 33 its its PRON cblr-1765 483 34 haven haven NOUN cblr-1765 483 35 jurisdiction jurisdiction NOUN cblr-1765 483 36 and and CCONJ cblr-1765 483 37 after after ADP cblr-1765 483 38 a a DET cblr-1765 483 39 year year NOUN cblr-1765 483 40 could could AUX cblr-1765 483 41 claim claim VERB cblr-1765 483 42 that that SCONJ cblr-1765 483 43 legal legal ADJ cblr-1765 483 44 proceeding proceeding NOUN cblr-1765 483 45 as as ADP cblr-1765 483 46 its its PRON cblr-1765 483 47 center center NOUN cblr-1765 483 48 of of ADP cblr-1765 483 49 main main ADJ cblr-1765 483 50 interests interest NOUN cblr-1765 483 51 . . PUNCT cblr-1765 483 52 . . PUNCT cblr-1765 483 53 . . PUNCT cblr-1765 483 54 . . PUNCT cblr-1765 483 55 ” " PUNCT cblr-1765 483 56 ) ) PUNCT cblr-1765 483 57 . . PUNCT cblr-1765 484 1 in in ADP cblr-1765 484 2 this this DET cblr-1765 484 3 sense sense NOUN cblr-1765 484 4 , , PUNCT cblr-1765 484 5 in in ADP cblr-1765 484 6 re re PART cblr-1765 484 7 bear bear PROPN cblr-1765 484 8 stearns stearns PROPN cblr-1765 484 9 remains remain VERB cblr-1765 484 10 hallock hallock NOUN cblr-1765 484 11 – – PUNCT cblr-1765 484 12 final final ADJ cblr-1765 484 13 1106 1106 NUM cblr-1765 484 14 columbia columbia PROPN cblr-1765 484 15 business business NOUN cblr-1765 484 16 law law PROPN cblr-1765 484 17 review review NOUN cblr-1765 485 1 [ [ X cblr-1765 485 2 vol vol NOUN cblr-1765 485 3 . . NOUN cblr-1765 485 4 2015 2015 NUM cblr-1765 485 5 in in ADP cblr-1765 485 6 addition addition NOUN cblr-1765 485 7 to to ADP cblr-1765 485 8 forum forum PROPN cblr-1765 485 9 shopping shopping NOUN cblr-1765 485 10 , , PUNCT cblr-1765 485 11 the the DET cblr-1765 485 12 in in ADP cblr-1765 485 13 re re PROPN cblr-1765 485 14 fairfield fairfield PROPN cblr-1765 485 15 sentry sentry PROPN cblr-1765 485 16 approach approach NOUN cblr-1765 485 17 is be AUX cblr-1765 485 18 problematic problematic ADJ cblr-1765 485 19 because because SCONJ cblr-1765 485 20 it it PRON cblr-1765 485 21 renders render VERB cblr-1765 485 22 comi comi NOUN cblr-1765 485 23 unascertainable unascertainable ADJ cblr-1765 485 24 to to ADP cblr-1765 485 25 third third ADJ cblr-1765 485 26 parties party NOUN cblr-1765 485 27 throughout throughout ADP cblr-1765 485 28 the the DET cblr-1765 485 29 life life NOUN cblr-1765 485 30 of of ADP cblr-1765 485 31 the the DET cblr-1765 485 32 debtor debtor NOUN cblr-1765 485 33 company.113 company.113 NOUN cblr-1765 485 34 “ " PUNCT cblr-1765 485 35 the the DET cblr-1765 485 36 presumption presumption NOUN cblr-1765 485 37 is be AUX cblr-1765 485 38 that that SCONJ cblr-1765 485 39 creditors creditor NOUN cblr-1765 485 40 will will AUX cblr-1765 485 41 look look VERB cblr-1765 485 42 to to ADP cblr-1765 485 43 the the DET cblr-1765 485 44 law law NOUN cblr-1765 485 45 of of ADP cblr-1765 485 46 the the DET cblr-1765 485 47 jurisdiction jurisdiction NOUN cblr-1765 485 48 in in ADP cblr-1765 485 49 which which PRON cblr-1765 485 50 they they PRON cblr-1765 485 51 perceive perceive VERB cblr-1765 485 52 the the DET cblr-1765 485 53 debtor debtor NOUN cblr-1765 485 54 to to PART cblr-1765 485 55 be be AUX cblr-1765 485 56 operating operate VERB cblr-1765 485 57 to to PART cblr-1765 485 58 resolve resolve VERB cblr-1765 485 59 any any DET cblr-1765 485 60 difficulties difficulty NOUN cblr-1765 485 61 they they PRON cblr-1765 485 62 have have VERB cblr-1765 485 63 with with ADP cblr-1765 485 64 that that DET cblr-1765 485 65 debtor debtor NOUN cblr-1765 485 66 , , PUNCT cblr-1765 485 67 regardless regardless ADV cblr-1765 485 68 of of ADP cblr-1765 485 69 whether whether SCONJ cblr-1765 485 70 such such ADJ cblr-1765 485 71 resolution resolution NOUN cblr-1765 485 72 is be AUX cblr-1765 485 73 informal informal ADJ cblr-1765 485 74 , , PUNCT cblr-1765 485 75 administrative administrative ADJ cblr-1765 485 76 , , PUNCT cblr-1765 485 77 or or CCONJ cblr-1765 485 78 judicial judicial NOUN cblr-1765 485 79 . . PUNCT cblr-1765 485 80 ”114 ”114 PUNCT cblr-1765 485 81 in in ADP cblr-1765 485 82 other other ADJ cblr-1765 485 83 words word NOUN cblr-1765 485 84 , , PUNCT cblr-1765 485 85 when when SCONJ cblr-1765 485 86 structuring structure VERB cblr-1765 485 87 their their PRON cblr-1765 485 88 relationships relationship NOUN cblr-1765 485 89 with with ADP cblr-1765 485 90 debtors debtor NOUN cblr-1765 485 91 , , PUNCT cblr-1765 485 92 third third ADJ cblr-1765 485 93 parties party NOUN cblr-1765 485 94 presumably presumably ADV cblr-1765 485 95 take take VERB cblr-1765 485 96 into into ADP cblr-1765 485 97 account account NOUN cblr-1765 485 98 a a DET cblr-1765 485 99 possible possible ADJ cblr-1765 485 100 future future ADJ cblr-1765 485 101 insolvency insolvency NOUN cblr-1765 485 102 proceeding proceeding NOUN cblr-1765 485 103 ’s ’s PART cblr-1765 485 104 jurisdiction jurisdiction NOUN cblr-1765 485 105 . . PUNCT cblr-1765 486 1 however however ADV cblr-1765 486 2 , , PUNCT cblr-1765 486 3 courts court NOUN cblr-1765 486 4 refuse refuse VERB cblr-1765 486 5 to to PART cblr-1765 486 6 appraise appraise VERB cblr-1765 486 7 a a DET cblr-1765 486 8 debtor debtor NOUN cblr-1765 486 9 ’s ’s PART cblr-1765 486 10 operational operational ADJ cblr-1765 486 11 history history NOUN cblr-1765 486 12 when when SCONJ cblr-1765 486 13 making make VERB cblr-1765 486 14 comi comi NOUN cblr-1765 486 15 determinations determination NOUN cblr-1765 486 16 . . PUNCT cblr-1765 487 1 accordingly accordingly ADV cblr-1765 487 2 , , PUNCT cblr-1765 487 3 third third ADJ cblr-1765 487 4 parties party NOUN cblr-1765 487 5 can can AUX cblr-1765 487 6 not not PART cblr-1765 487 7 predict predict VERB cblr-1765 487 8 the the DET cblr-1765 487 9 location location NOUN cblr-1765 487 10 of of ADP cblr-1765 487 11 a a DET cblr-1765 487 12 company company NOUN cblr-1765 487 13 ’s ’s PART cblr-1765 487 14 comi comi NOUN cblr-1765 487 15 in in ADP cblr-1765 487 16 the the DET cblr-1765 487 17 event event NOUN cblr-1765 487 18 of of ADP cblr-1765 487 19 a a DET cblr-1765 487 20 future future ADJ cblr-1765 487 21 insolvency insolvency NOUN cblr-1765 487 22 through through ADP cblr-1765 487 23 reliance reliance NOUN cblr-1765 487 24 on on ADP cblr-1765 487 25 a a DET cblr-1765 487 26 company company NOUN cblr-1765 487 27 ’s ’s PART cblr-1765 487 28 activity activity NOUN cblr-1765 487 29 level level NOUN cblr-1765 487 30 at at ADP cblr-1765 487 31 the the DET cblr-1765 487 32 time time NOUN cblr-1765 487 33 of of ADP cblr-1765 487 34 agreement agreement NOUN cblr-1765 487 35 . . PUNCT cblr-1765 488 1 furthermore furthermore ADV cblr-1765 488 2 , , PUNCT cblr-1765 488 3 under under ADP cblr-1765 488 4 in in ADP cblr-1765 488 5 re re PROPN cblr-1765 488 6 fairfield fairfield PROPN cblr-1765 488 7 sentry sentry PROPN cblr-1765 488 8 , , PUNCT cblr-1765 488 9 even even ADV cblr-1765 488 10 at at ADP cblr-1765 488 11 the the DET cblr-1765 488 12 commencement commencement NOUN cblr-1765 488 13 of of ADP cblr-1765 488 14 a a DET cblr-1765 488 15 foreign foreign ADJ cblr-1765 488 16 insolvency insolvency NOUN cblr-1765 488 17 proceeding proceeding NOUN cblr-1765 488 18 , , PUNCT cblr-1765 488 19 creditors creditor NOUN cblr-1765 488 20 can can AUX cblr-1765 488 21 not not PART cblr-1765 488 22 ascertain ascertain VERB cblr-1765 488 23 whether whether SCONJ cblr-1765 488 24 the the DET cblr-1765 488 25 proceeding proceeding NOUN cblr-1765 488 26 will will AUX cblr-1765 488 27 be be AUX cblr-1765 488 28 recognized recognize VERB cblr-1765 488 29 by by ADP cblr-1765 488 30 u.s u.s PROPN cblr-1765 488 31 . . PROPN cblr-1765 488 32 courts court NOUN cblr-1765 488 33 , , PUNCT cblr-1765 488 34 as as SCONJ cblr-1765 488 35 liquidation liquidation NOUN cblr-1765 488 36 activities activity NOUN cblr-1765 488 37 may may AUX cblr-1765 488 38 ultimately ultimately ADV cblr-1765 488 39 lodge lodge VERB cblr-1765 488 40 the the DET cblr-1765 488 41 debtor debtor NOUN cblr-1765 488 42 ’s ’s PART cblr-1765 488 43 comi comi NOUN cblr-1765 488 44 in in ADP cblr-1765 488 45 another another DET cblr-1765 488 46 jurisdiction jurisdiction NOUN cblr-1765 488 47 . . PUNCT cblr-1765 489 1 in in ADP cblr-1765 489 2 this this DET cblr-1765 489 3 way way NOUN cblr-1765 489 4 , , PUNCT cblr-1765 489 5 it it PRON cblr-1765 489 6 is be AUX cblr-1765 489 7 nearly nearly ADV cblr-1765 489 8 meaningful meaningful ADJ cblr-1765 489 9 only only ADV cblr-1765 489 10 to to ADP cblr-1765 489 11 the the DET cblr-1765 489 12 extent extent NOUN cblr-1765 489 13 that that SCONJ cblr-1765 489 14 liquidation liquidation NOUN cblr-1765 489 15 activities activity NOUN cblr-1765 489 16 resemble resemble VERB cblr-1765 489 17 a a DET cblr-1765 489 18 letterbox letterbox NOUN cblr-1765 489 19 proceeding proceeding NOUN cblr-1765 489 20 . . PUNCT cblr-1765 490 1 for for ADP cblr-1765 490 2 example example NOUN cblr-1765 490 3 , , PUNCT cblr-1765 490 4 companies company NOUN cblr-1765 490 5 may may AUX cblr-1765 490 6 launch launch VERB cblr-1765 490 7 proceedings proceeding NOUN cblr-1765 490 8 in in ADP cblr-1765 490 9 jurisdictions jurisdiction NOUN cblr-1765 490 10 where where SCONJ cblr-1765 490 11 they they PRON cblr-1765 490 12 merely merely ADV cblr-1765 490 13 have have VERB cblr-1765 490 14 a a DET cblr-1765 490 15 “ " PUNCT cblr-1765 490 16 letterbox letterbox NOUN cblr-1765 490 17 ” " PUNCT cblr-1765 490 18 so so ADV cblr-1765 490 19 long long ADV cblr-1765 490 20 as as SCONJ cblr-1765 490 21 tangible tangible ADJ cblr-1765 490 22 liquidation liquidation NOUN cblr-1765 490 23 activities activity NOUN cblr-1765 490 24 actually actually ADV cblr-1765 490 25 occur occur VERB cblr-1765 490 26 in in ADP cblr-1765 490 27 that that DET cblr-1765 490 28 location location NOUN cblr-1765 490 29 . . PUNCT cblr-1765 491 1 however however ADV cblr-1765 491 2 , , PUNCT cblr-1765 491 3 if if SCONJ cblr-1765 491 4 a a DET cblr-1765 491 5 company company NOUN cblr-1765 491 6 only only ADV cblr-1765 491 7 formalistically formalistically ADV cblr-1765 491 8 shifts shift NOUN cblr-1765 491 9 its its PRON cblr-1765 491 10 liquidation liquidation NOUN cblr-1765 491 11 activities activity NOUN cblr-1765 491 12 to to ADP cblr-1765 491 13 the the DET cblr-1765 491 14 letterbox letterbox NOUN cblr-1765 491 15 jurisdiction jurisdiction NOUN cblr-1765 491 16 , , PUNCT cblr-1765 491 17 and and CCONJ cblr-1765 491 18 is be AUX cblr-1765 491 19 actually actually ADV cblr-1765 491 20 operating operate VERB cblr-1765 491 21 and and CCONJ cblr-1765 491 22 making make VERB cblr-1765 491 23 decisions decision NOUN cblr-1765 491 24 elsewhere elsewhere ADV cblr-1765 491 25 , , PUNCT cblr-1765 491 26 in in ADP cblr-1765 491 27 re re PART cblr-1765 491 28 bear bear PROPN cblr-1765 491 29 stearns stearns PROPN cblr-1765 491 30 might might AUX cblr-1765 491 31 require require VERB cblr-1765 491 32 denial denial NOUN cblr-1765 491 33 of of ADP cblr-1765 491 34 recognition recognition NOUN cblr-1765 491 35 . . PUNCT cblr-1765 492 1 but but CCONJ cblr-1765 492 2 , , PUNCT cblr-1765 492 3 given give VERB cblr-1765 492 4 the the DET cblr-1765 492 5 relative relative ADJ cblr-1765 492 6 ease ease NOUN cblr-1765 492 7 of of ADP cblr-1765 492 8 avoiding avoid VERB cblr-1765 492 9 this this DET cblr-1765 492 10 scenario scenario NOUN cblr-1765 492 11 — — PUNCT cblr-1765 492 12 i.e. i.e. X cblr-1765 492 13 , , PUNCT cblr-1765 492 14 holding hold VERB cblr-1765 492 15 meetings meeting NOUN cblr-1765 492 16 and and CCONJ cblr-1765 492 17 centering center VERB cblr-1765 492 18 liquidation liquidation NOUN cblr-1765 492 19 activities activity NOUN cblr-1765 492 20 where where SCONJ cblr-1765 492 21 the the DET cblr-1765 492 22 liquidation liquidation NOUN cblr-1765 492 23 is be AUX cblr-1765 492 24 actually actually ADV cblr-1765 492 25 occurring occur VERB cblr-1765 492 26 — — PUNCT cblr-1765 492 27 in in ADP cblr-1765 492 28 re re PART cblr-1765 492 29 bear bear PROPN cblr-1765 492 30 stearns stearns PROPN cblr-1765 492 31 now now ADV cblr-1765 492 32 seems seem VERB cblr-1765 492 33 unlikely unlikely ADJ cblr-1765 492 34 to to PART cblr-1765 492 35 ever ever ADV cblr-1765 492 36 block block VERB cblr-1765 492 37 recognition recognition NOUN cblr-1765 492 38 efforts effort NOUN cblr-1765 492 39 of of ADP cblr-1765 492 40 sophisticated sophisticated ADJ cblr-1765 492 41 parties party NOUN cblr-1765 492 42 . . PUNCT cblr-1765 493 1 113 113 NUM cblr-1765 493 2 courts court NOUN cblr-1765 493 3 have have AUX cblr-1765 493 4 frequently frequently ADV cblr-1765 493 5 mentioned mention VERB cblr-1765 493 6 that that SCONJ cblr-1765 493 7 rendering render VERB cblr-1765 493 8 comi comi NOUN cblr-1765 493 9 ascertainable ascertainable ADJ cblr-1765 493 10 to to ADP cblr-1765 493 11 third third ADJ cblr-1765 493 12 parties party NOUN cblr-1765 493 13 is be AUX cblr-1765 493 14 one one NUM cblr-1765 493 15 of of ADP cblr-1765 493 16 the the DET cblr-1765 493 17 foremost foremost ADJ cblr-1765 493 18 considerations consideration NOUN cblr-1765 493 19 of of ADP cblr-1765 493 20 comi comi NOUN cblr-1765 493 21 analysis analysis NOUN cblr-1765 493 22 . . PUNCT cblr-1765 494 1 in in ADP cblr-1765 494 2 re re NOUN cblr-1765 494 3 ran run VERB cblr-1765 494 4 , , PUNCT cblr-1765 494 5 607 607 NUM cblr-1765 494 6 f.3d f.3d NUM cblr-1765 494 7 at at ADP cblr-1765 494 8 1025 1025 NUM cblr-1765 494 9 ( ( PUNCT cblr-1765 494 10 “ " PUNCT cblr-1765 494 11 [ [ X cblr-1765 494 12 i]t i]t NOUN cblr-1765 494 13 is be AUX cblr-1765 494 14 important important ADJ cblr-1765 494 15 that that SCONJ cblr-1765 494 16 the the DET cblr-1765 494 17 debtor debtor NOUN cblr-1765 494 18 ’s ’s PART cblr-1765 494 19 comi comi NOUN cblr-1765 494 20 be be AUX cblr-1765 494 21 ascertainable ascertainable ADJ cblr-1765 494 22 by by ADP cblr-1765 494 23 third third ADJ cblr-1765 494 24 parties party NOUN cblr-1765 494 25 . . PUNCT cblr-1765 494 26 ” " PUNCT cblr-1765 494 27 ) ) PUNCT cblr-1765 494 28 . . PUNCT cblr-1765 495 1 see see VERB cblr-1765 495 2 in in ADP cblr-1765 495 3 re re PROPN cblr-1765 495 4 fairfield fairfield PROPN cblr-1765 495 5 sentry sentry PROPN cblr-1765 495 6 ltd ltd PROPN cblr-1765 495 7 . . PROPN cblr-1765 495 8 , , PUNCT cblr-1765 495 9 714 714 NUM cblr-1765 495 10 f.3d f.3d NUM cblr-1765 495 11 127 127 NUM cblr-1765 495 12 , , PUNCT cblr-1765 495 13 130 130 NUM cblr-1765 495 14 ( ( PUNCT cblr-1765 495 15 2d 2d NUM cblr-1765 495 16 cir cir NOUN cblr-1765 495 17 . . PROPN cblr-1765 495 18 2013 2013 NUM cblr-1765 495 19 ) ) PUNCT cblr-1765 495 20 ( ( PUNCT cblr-1765 495 21 “ " PUNCT cblr-1765 495 22 the the DET cblr-1765 495 23 relevant relevant ADJ cblr-1765 495 24 principle principle NOUN cblr-1765 495 25 . . PUNCT cblr-1765 495 26 . . PUNCT cblr-1765 496 1 . . PUNCT cblr-1765 497 1 is be AUX cblr-1765 497 2 that that SCONJ cblr-1765 497 3 the the DET cblr-1765 497 4 comi comi NOUN cblr-1765 497 5 lies lie VERB cblr-1765 497 6 where where SCONJ cblr-1765 497 7 the the DET cblr-1765 497 8 debtor debtor NOUN cblr-1765 497 9 conducts conduct VERB cblr-1765 497 10 its its PRON cblr-1765 497 11 regular regular ADJ cblr-1765 497 12 business business NOUN cblr-1765 497 13 , , PUNCT cblr-1765 497 14 so so SCONJ cblr-1765 497 15 that that SCONJ cblr-1765 497 16 the the DET cblr-1765 497 17 place place NOUN cblr-1765 497 18 is be AUX cblr-1765 497 19 ascertainable ascertainable ADJ cblr-1765 497 20 by by ADP cblr-1765 497 21 third third ADJ cblr-1765 497 22 parties party NOUN cblr-1765 497 23 . . PUNCT cblr-1765 497 24 ” " PUNCT cblr-1765 497 25 ) ) PUNCT cblr-1765 497 26 . . PUNCT cblr-1765 498 1 114 114 NUM cblr-1765 498 2 in in ADP cblr-1765 498 3 re re PROPN cblr-1765 498 4 betcorp betcorp PROPN cblr-1765 498 5 ltd ltd PROPN cblr-1765 498 6 . . PROPN cblr-1765 498 7 , , PUNCT cblr-1765 498 8 400 400 NUM cblr-1765 498 9 b.r b.r PROPN cblr-1765 498 10 . . PROPN cblr-1765 498 11 266 266 NUM cblr-1765 498 12 , , PUNCT cblr-1765 498 13 291 291 NUM cblr-1765 498 14 ( ( PUNCT cblr-1765 498 15 bankr bankr PROPN cblr-1765 498 16 . . PUNCT cblr-1765 499 1 d. d. PROPN cblr-1765 499 2 nev nev PROPN cblr-1765 499 3 . . PROPN cblr-1765 499 4 2009 2009 NUM cblr-1765 499 5 ) ) PUNCT cblr-1765 499 6 . . PUNCT cblr-1765 500 1 hallock hallock PROPN cblr-1765 500 2 – – PUNCT cblr-1765 500 3 final final ADJ cblr-1765 500 4 no no NOUN cblr-1765 500 5 . . PUNCT cblr-1765 501 1 3:1074 3:1074 NUM cblr-1765 501 2 ] ] PUNCT cblr-1765 501 3 time time NOUN cblr-1765 501 4 out out ADP cblr-1765 501 5 1107 1107 NUM cblr-1765 501 6 impossible impossible ADJ cblr-1765 501 7 for for SCONJ cblr-1765 501 8 third third ADJ cblr-1765 501 9 parties party NOUN cblr-1765 501 10 to to PART cblr-1765 501 11 fully fully ADV cblr-1765 501 12 ascertain ascertain VERB cblr-1765 501 13 their their PRON cblr-1765 501 14 rights right NOUN cblr-1765 501 15 until until ADP cblr-1765 501 16 the the DET cblr-1765 501 17 u.s u.s PROPN cblr-1765 501 18 . . PROPN cblr-1765 501 19 court court NOUN cblr-1765 501 20 rules rule NOUN cblr-1765 501 21 on on ADP cblr-1765 501 22 the the DET cblr-1765 501 23 debtor debtor NOUN cblr-1765 501 24 ’s ’s PART cblr-1765 501 25 chapter chapter NOUN cblr-1765 501 26 15 15 NUM cblr-1765 501 27 petition petition NOUN cblr-1765 501 28 . . PUNCT cblr-1765 502 1 accordingly accordingly ADV cblr-1765 502 2 , , PUNCT cblr-1765 502 3 despite despite SCONJ cblr-1765 502 4 its its PRON cblr-1765 502 5 progress progress NOUN cblr-1765 502 6 toward toward ADP cblr-1765 502 7 standardizing standardize VERB cblr-1765 502 8 comi comi NOUN cblr-1765 502 9 analyses analysis NOUN cblr-1765 502 10 and and CCONJ cblr-1765 502 11 increasing increase VERB cblr-1765 502 12 foreign foreign ADJ cblr-1765 502 13 cooperation cooperation NOUN cblr-1765 502 14 , , PUNCT cblr-1765 502 15 the the DET cblr-1765 502 16 in in ADP cblr-1765 502 17 re re PROPN cblr-1765 502 18 fairfield fairfield PROPN cblr-1765 502 19 sentry sentry PROPN cblr-1765 502 20 decision decision NOUN cblr-1765 502 21 has have AUX cblr-1765 502 22 created create VERB cblr-1765 502 23 significant significant ADJ cblr-1765 502 24 problems problem NOUN cblr-1765 502 25 that that PRON cblr-1765 502 26 undermine undermine VERB cblr-1765 502 27 many many ADJ cblr-1765 502 28 of of ADP cblr-1765 502 29 the the DET cblr-1765 502 30 central central ADJ cblr-1765 502 31 purposes purpose NOUN cblr-1765 502 32 of of ADP cblr-1765 502 33 chapter chapter NOUN cblr-1765 502 34 15 15 NUM cblr-1765 502 35 . . PUNCT cblr-1765 503 1 going go VERB cblr-1765 503 2 forward forward ADV cblr-1765 503 3 , , PUNCT cblr-1765 503 4 the the DET cblr-1765 503 5 second second ADJ cblr-1765 503 6 circuit circuit NOUN cblr-1765 503 7 should should AUX cblr-1765 503 8 affirmatively affirmatively ADV cblr-1765 503 9 mitigate mitigate VERB cblr-1765 503 10 forum forum NOUN cblr-1765 503 11 shopping shopping NOUN cblr-1765 503 12 and and CCONJ cblr-1765 503 13 simplify simplify VERB cblr-1765 503 14 comi comi NOUN cblr-1765 503 15 analysis analysis NOUN cblr-1765 503 16 for for ADP cblr-1765 503 17 third third ADJ cblr-1765 503 18 parties party NOUN cblr-1765 503 19 . . PUNCT cblr-1765 504 1 the the DET cblr-1765 504 2 subsequent subsequent ADJ cblr-1765 504 3 sections section NOUN cblr-1765 504 4 propose propose VERB cblr-1765 504 5 mechanisms mechanism NOUN cblr-1765 504 6 that that PRON cblr-1765 504 7 the the DET cblr-1765 504 8 second second ADJ cblr-1765 504 9 circuit circuit NOUN cblr-1765 504 10 might might AUX cblr-1765 504 11 implement implement VERB cblr-1765 504 12 to to PART cblr-1765 504 13 render render VERB cblr-1765 504 14 the the DET cblr-1765 504 15 in in ADP cblr-1765 504 16 re re PROPN cblr-1765 504 17 fairfield fairfield PROPN cblr-1765 504 18 sentry sentry PROPN cblr-1765 504 19 approach approach VERB cblr-1765 504 20 more more ADV cblr-1765 504 21 workable workable ADJ cblr-1765 504 22 and and CCONJ cblr-1765 504 23 harmonious harmonious ADJ cblr-1765 504 24 with with ADP cblr-1765 504 25 the the DET cblr-1765 504 26 underlying underlie VERB cblr-1765 504 27 purposes purpose NOUN cblr-1765 504 28 of of ADP cblr-1765 504 29 chapter chapter NOUN cblr-1765 504 30 15 15 NUM cblr-1765 504 31 . . PUNCT cblr-1765 505 1 b. b. PROPN cblr-1765 505 2 solution solution NOUN cblr-1765 505 3 one one NUM cblr-1765 505 4 : : PUNCT cblr-1765 505 5 bad bad ADJ cblr-1765 505 6 faith faith NOUN cblr-1765 505 7 comi comi NOUN cblr-1765 505 8 manipulation manipulation NOUN cblr-1765 505 9 tests test VERB cblr-1765 505 10 the the DET cblr-1765 505 11 most most ADV cblr-1765 505 12 common common ADJ cblr-1765 505 13 mechanism mechanism NOUN cblr-1765 505 14 adopted adopt VERB cblr-1765 505 15 by by ADP cblr-1765 505 16 courts court NOUN cblr-1765 505 17 to to PART cblr-1765 505 18 temper temper VERB cblr-1765 505 19 the the DET cblr-1765 505 20 pitfalls pitfall NOUN cblr-1765 505 21 of of ADP cblr-1765 505 22 in in ADP cblr-1765 505 23 re re PROPN cblr-1765 505 24 fairfield fairfield PROPN cblr-1765 505 25 sentry sentry PROPN cblr-1765 505 26 has have AUX cblr-1765 505 27 been be AUX cblr-1765 505 28 a a DET cblr-1765 505 29 comi comi NOUN cblr-1765 505 30 manipulation manipulation NOUN cblr-1765 505 31 test.115 test.115 PROPN cblr-1765 505 32 under under ADP cblr-1765 505 33 this this DET cblr-1765 505 34 test test NOUN cblr-1765 505 35 , , PUNCT cblr-1765 505 36 courts court NOUN cblr-1765 505 37 conduct conduct VERB cblr-1765 505 38 an an DET cblr-1765 505 39 inquiry inquiry NOUN cblr-1765 505 40 into into ADP cblr-1765 505 41 potential potential ADJ cblr-1765 505 42 manipulation manipulation NOUN cblr-1765 505 43 of of ADP cblr-1765 505 44 a a DET cblr-1765 505 45 debtor debtor NOUN cblr-1765 505 46 ’s ’s PART cblr-1765 505 47 comi comi NOUN cblr-1765 505 48 when when SCONJ cblr-1765 505 49 there there PRON cblr-1765 505 50 is be VERB cblr-1765 505 51 evidence evidence NOUN cblr-1765 505 52 of of ADP cblr-1765 505 53 an an DET cblr-1765 505 54 improper improper ADJ cblr-1765 505 55 opportunistic opportunistic ADJ cblr-1765 505 56 shift.116 shift.116 NOUN cblr-1765 505 57 unfortunately unfortunately ADV cblr-1765 505 58 , , PUNCT cblr-1765 505 59 the the DET cblr-1765 505 60 parameters parameter NOUN cblr-1765 505 61 of of ADP cblr-1765 505 62 such such DET cblr-1765 505 63 a a DET cblr-1765 505 64 test test NOUN cblr-1765 505 65 have have AUX cblr-1765 505 66 been be AUX cblr-1765 505 67 left leave VERB cblr-1765 505 68 largely largely ADV cblr-1765 505 69 undefined undefined ADJ cblr-1765 505 70 . . PUNCT cblr-1765 506 1 upon upon SCONJ cblr-1765 506 2 adopting adopt VERB cblr-1765 506 3 the the DET cblr-1765 506 4 majority majority NOUN cblr-1765 506 5 approach approach NOUN cblr-1765 506 6 to to ADP cblr-1765 506 7 comi comi NOUN cblr-1765 506 8 temporality temporality NOUN cblr-1765 506 9 in in ADP cblr-1765 506 10 in in ADP cblr-1765 506 11 re re PROPN cblr-1765 506 12 fairfield fairfield PROPN cblr-1765 506 13 sentry sentry PROPN cblr-1765 506 14 , , PUNCT cblr-1765 506 15 the the DET cblr-1765 506 16 court court NOUN cblr-1765 506 17 of of ADP cblr-1765 506 18 appeals appeals PROPN cblr-1765 506 19 acknowledged acknowledge VERB cblr-1765 506 20 the the DET cblr-1765 506 21 potential potential NOUN cblr-1765 506 22 for for ADP cblr-1765 506 23 comi comi NOUN cblr-1765 506 24 manipulation manipulation NOUN cblr-1765 506 25 in in ADP cblr-1765 506 26 the the DET cblr-1765 506 27 period period NOUN cblr-1765 506 28 between between ADP cblr-1765 506 29 the the DET cblr-1765 506 30 commencement commencement NOUN cblr-1765 506 31 of of ADP cblr-1765 506 32 the the DET cblr-1765 506 33 foreign foreign ADJ cblr-1765 506 34 proceeding proceeding NOUN cblr-1765 506 35 and and CCONJ cblr-1765 506 36 the the DET cblr-1765 506 37 filing filing NOUN cblr-1765 506 38 of of ADP cblr-1765 506 39 the the DET cblr-1765 506 40 chapter chapter NOUN cblr-1765 506 41 15 15 NUM cblr-1765 506 42 petition.117 petition.117 NOUN cblr-1765 506 43 accordingly accordingly ADV cblr-1765 506 44 , , PUNCT cblr-1765 506 45 the the DET cblr-1765 506 46 court court NOUN cblr-1765 506 47 expressed express VERB cblr-1765 506 48 a a DET cblr-1765 506 49 willingness willingness NOUN cblr-1765 506 50 to to PART cblr-1765 506 51 expand expand VERB cblr-1765 506 52 its its PRON cblr-1765 506 53 analysis analysis NOUN cblr-1765 506 54 beyond beyond ADP cblr-1765 506 55 the the DET cblr-1765 506 56 time time NOUN cblr-1765 506 57 of of ADP cblr-1765 506 58 the the DET cblr-1765 506 59 chapter chapter NOUN cblr-1765 506 60 15 15 NUM cblr-1765 506 61 petition petition NOUN cblr-1765 506 62 to to PART cblr-1765 506 63 protect protect VERB cblr-1765 506 64 against against ADP cblr-1765 506 65 untoward untoward ADJ cblr-1765 506 66 manipulation manipulation NOUN cblr-1765 506 67 . . PUNCT cblr-1765 507 1 “ " PUNCT cblr-1765 507 2 to to PART cblr-1765 507 3 offset offset VERB cblr-1765 507 4 a a DET cblr-1765 507 5 debtor debtor NOUN cblr-1765 507 6 ’s ’s PART cblr-1765 507 7 ability ability NOUN cblr-1765 507 8 to to PART cblr-1765 507 9 manipulate manipulate VERB cblr-1765 507 10 its its PRON cblr-1765 507 11 comi comi NOUN cblr-1765 507 12 , , PUNCT cblr-1765 507 13 a a DET cblr-1765 507 14 court court NOUN cblr-1765 507 15 may may AUX cblr-1765 507 16 also also ADV cblr-1765 507 17 look look VERB cblr-1765 507 18 at at ADP cblr-1765 507 19 the the DET cblr-1765 507 20 time time NOUN cblr-1765 507 21 period period NOUN cblr-1765 507 22 between between ADP cblr-1765 507 23 the the DET cblr-1765 507 24 initiation initiation NOUN cblr-1765 507 25 of of ADP cblr-1765 507 26 the the DET cblr-1765 507 27 foreign foreign ADJ cblr-1765 507 28 liquidation liquidation NOUN cblr-1765 507 29 115 115 NUM cblr-1765 507 30 see see VERB cblr-1765 507 31 in in ADP cblr-1765 507 32 re re PROPN cblr-1765 507 33 fairfield fairfield PROPN cblr-1765 507 34 sentry sentry PROPN cblr-1765 507 35 , , PUNCT cblr-1765 507 36 714 714 NUM cblr-1765 507 37 f.3d f.3d NUM cblr-1765 507 38 at at ADP cblr-1765 507 39 137 137 NUM cblr-1765 507 40 ; ; PUNCT cblr-1765 507 41 in in ADP cblr-1765 507 42 re re PROPN cblr-1765 507 43 suntech suntech PROPN cblr-1765 507 44 power power PROPN cblr-1765 507 45 holdings holdings PROPN cblr-1765 507 46 co. co. PROPN cblr-1765 507 47 , , PUNCT cblr-1765 507 48 ltd ltd PROPN cblr-1765 507 49 . . PROPN cblr-1765 507 50 , , PUNCT cblr-1765 507 51 520 520 NUM cblr-1765 507 52 b.r b.r PROPN cblr-1765 507 53 . . PROPN cblr-1765 507 54 399 399 NUM cblr-1765 507 55 , , PUNCT cblr-1765 507 56 419–20 419–20 PROPN cblr-1765 507 57 ( ( PUNCT cblr-1765 507 58 bankr bankr PROPN cblr-1765 507 59 . . PUNCT cblr-1765 508 1 s.d.n.y s.d.n.y PROPN cblr-1765 508 2 . . PROPN cblr-1765 508 3 2014 2014 NUM cblr-1765 508 4 ) ) PUNCT cblr-1765 508 5 . . PUNCT cblr-1765 509 1 116 116 NUM cblr-1765 509 2 see see VERB cblr-1765 509 3 in in ADP cblr-1765 509 4 re re PROPN cblr-1765 509 5 fairfield fairfield PROPN cblr-1765 509 6 sentry sentry PROPN cblr-1765 509 7 ltd ltd PROPN cblr-1765 509 8 . . PROPN cblr-1765 509 9 , , PUNCT cblr-1765 509 10 440 440 NUM cblr-1765 509 11 b.r b.r PROPN cblr-1765 509 12 . . PROPN cblr-1765 509 13 60 60 NUM cblr-1765 509 14 , , PUNCT cblr-1765 509 15 65–66 65–66 NUM cblr-1765 509 16 ( ( PUNCT cblr-1765 509 17 bankr bankr PROPN cblr-1765 509 18 . . PUNCT cblr-1765 510 1 s.d.n.y s.d.n.y PROPN cblr-1765 510 2 . . PROPN cblr-1765 510 3 2010 2010 NUM cblr-1765 510 4 ) ) PUNCT cblr-1765 510 5 . . PUNCT cblr-1765 511 1 117 117 NUM cblr-1765 511 2 in in ADP cblr-1765 511 3 re re PROPN cblr-1765 511 4 fairfield fairfield PROPN cblr-1765 511 5 sentry sentry PROPN cblr-1765 511 6 , , PUNCT cblr-1765 511 7 714 714 NUM cblr-1765 511 8 f.3d f.3d NUM cblr-1765 511 9 at at ADP cblr-1765 511 10 130 130 NUM cblr-1765 511 11 ( ( PUNCT cblr-1765 511 12 “ " PUNCT cblr-1765 511 13 [ [ X cblr-1765 511 14 t]he t]he ADV cblr-1765 511 15 relevant relevant ADJ cblr-1765 511 16 time time NOUN cblr-1765 511 17 period period NOUN cblr-1765 511 18 is be AUX cblr-1765 511 19 the the DET cblr-1765 511 20 time time NOUN cblr-1765 511 21 of of ADP cblr-1765 511 22 the the DET cblr-1765 511 23 chapter chapter NOUN cblr-1765 511 24 15 15 NUM cblr-1765 511 25 petition petition NOUN cblr-1765 511 26 , , PUNCT cblr-1765 511 27 subject subject ADJ cblr-1765 511 28 to to ADP cblr-1765 511 29 an an DET cblr-1765 511 30 inquiry inquiry NOUN cblr-1765 511 31 into into ADP cblr-1765 511 32 whether whether SCONJ cblr-1765 511 33 the the DET cblr-1765 511 34 process process NOUN cblr-1765 511 35 has have AUX cblr-1765 511 36 been be AUX cblr-1765 511 37 manipulated manipulate VERB cblr-1765 511 38 . . PUNCT cblr-1765 511 39 ” " PUNCT cblr-1765 511 40 ) ) PUNCT cblr-1765 511 41 . . PUNCT cblr-1765 512 1 hallock hallock NOUN cblr-1765 512 2 – – PUNCT cblr-1765 512 3 final final ADJ cblr-1765 512 4 1108 1108 NUM cblr-1765 512 5 columbia columbia PROPN cblr-1765 512 6 business business NOUN cblr-1765 512 7 law law PROPN cblr-1765 512 8 review review NOUN cblr-1765 512 9 [ [ X cblr-1765 512 10 vol vol NOUN cblr-1765 512 11 . . NOUN cblr-1765 512 12 2015 2015 NUM cblr-1765 512 13 proceeding proceeding NOUN cblr-1765 512 14 and and CCONJ cblr-1765 512 15 the the DET cblr-1765 512 16 filing filing NOUN cblr-1765 512 17 of of ADP cblr-1765 512 18 the the DET cblr-1765 512 19 chapter chapter NOUN cblr-1765 512 20 15 15 NUM cblr-1765 512 21 petition petition NOUN cblr-1765 512 22 . . PUNCT cblr-1765 512 23 ”118 ”118 VERB cblr-1765 512 24 in in ADP cblr-1765 512 25 this this DET cblr-1765 512 26 sense sense NOUN cblr-1765 512 27 , , PUNCT cblr-1765 512 28 though though SCONJ cblr-1765 512 29 still still ADV cblr-1765 512 30 unwilling unwilling ADJ cblr-1765 512 31 to to PART cblr-1765 512 32 look look VERB cblr-1765 512 33 at at ADP cblr-1765 512 34 the the DET cblr-1765 512 35 debtor debtor NOUN cblr-1765 512 36 ’s ’s PART cblr-1765 512 37 entire entire ADJ cblr-1765 512 38 operational operational ADJ cblr-1765 512 39 history history NOUN cblr-1765 512 40 , , PUNCT cblr-1765 512 41 the the DET cblr-1765 512 42 second second ADJ cblr-1765 512 43 circuit circuit NOUN cblr-1765 512 44 will will AUX cblr-1765 512 45 analyze analyze VERB cblr-1765 512 46 the the DET cblr-1765 512 47 debtor debtor NOUN cblr-1765 512 48 ’s ’s PART cblr-1765 512 49 liquidation liquidation NOUN cblr-1765 512 50 activities activity NOUN cblr-1765 512 51 for for ADP cblr-1765 512 52 any any DET cblr-1765 512 53 bad bad ADJ cblr-1765 512 54 faith faith NOUN cblr-1765 512 55 or or CCONJ cblr-1765 512 56 fraudulent fraudulent ADJ cblr-1765 512 57 behavior.119 behavior.119 NOUN cblr-1765 512 58 while while SCONJ cblr-1765 512 59 manipulation manipulation NOUN cblr-1765 512 60 tests test NOUN cblr-1765 512 61 purport purport VERB cblr-1765 512 62 to to PART cblr-1765 512 63 provide provide VERB cblr-1765 512 64 a a DET cblr-1765 512 65 safeguard safeguard NOUN cblr-1765 512 66 against against ADP cblr-1765 512 67 improper improper ADJ cblr-1765 512 68 comi comi NOUN cblr-1765 512 69 shifts shift NOUN cblr-1765 512 70 , , PUNCT cblr-1765 512 71 their their PRON cblr-1765 512 72 parameters parameter NOUN cblr-1765 512 73 are be AUX cblr-1765 512 74 vague vague ADJ cblr-1765 512 75 , , PUNCT cblr-1765 512 76 rendering render VERB cblr-1765 512 77 their their PRON cblr-1765 512 78 effectiveness effectiveness NOUN cblr-1765 512 79 unclear unclear ADJ cblr-1765 512 80 . . PUNCT cblr-1765 513 1 the the DET cblr-1765 513 2 second second ADJ cblr-1765 513 3 circuit circuit NOUN cblr-1765 513 4 has have AUX cblr-1765 513 5 left leave VERB cblr-1765 513 6 unclear unclear ADJ cblr-1765 513 7 what what DET cblr-1765 513 8 circumstances circumstance NOUN cblr-1765 513 9 will will AUX cblr-1765 513 10 trigger trigger VERB cblr-1765 513 11 a a DET cblr-1765 513 12 manipulation manipulation NOUN cblr-1765 513 13 inquiry inquiry NOUN cblr-1765 513 14 . . PUNCT cblr-1765 514 1 whereas whereas SCONJ cblr-1765 514 2 the the DET cblr-1765 514 3 in in ADP cblr-1765 514 4 re re PROPN cblr-1765 514 5 fairfield fairfield PROPN cblr-1765 514 6 sentry sentry PROPN cblr-1765 514 7 bankruptcy bankruptcy PROPN cblr-1765 514 8 court court PROPN cblr-1765 514 9 suggested suggest VERB cblr-1765 514 10 courts court NOUN cblr-1765 514 11 will will AUX cblr-1765 514 12 examine examine VERB cblr-1765 514 13 a a DET cblr-1765 514 14 broader broad ADJ cblr-1765 514 15 time time NOUN cblr-1765 514 16 period period NOUN cblr-1765 514 17 when when SCONJ cblr-1765 514 18 “ " PUNCT cblr-1765 514 19 there there PRON cblr-1765 514 20 may may AUX cblr-1765 514 21 have have AUX cblr-1765 514 22 been be AUX cblr-1765 514 23 an an DET cblr-1765 514 24 opportunistic opportunistic ADJ cblr-1765 514 25 shift shift NOUN cblr-1765 514 26 to to PART cblr-1765 514 27 establish establish VERB cblr-1765 514 28 comi comi NOUN cblr-1765 514 29 , , PUNCT cblr-1765 514 30 ” " PUNCT cblr-1765 514 31 the the DET cblr-1765 514 32 court court NOUN cblr-1765 514 33 of of ADP cblr-1765 514 34 appeals appeals PROPN cblr-1765 514 35 did do AUX cblr-1765 514 36 not not PART cblr-1765 514 37 employ employ VERB cblr-1765 514 38 such such DET cblr-1765 514 39 a a DET cblr-1765 514 40 qualification.120 qualification.120 NOUN cblr-1765 514 41 in in ADP cblr-1765 514 42 this this DET cblr-1765 514 43 sense sense NOUN cblr-1765 514 44 , , PUNCT cblr-1765 514 45 it it PRON cblr-1765 514 46 is be AUX cblr-1765 514 47 ambiguous ambiguous ADJ cblr-1765 514 48 as as ADP cblr-1765 514 49 to to ADP cblr-1765 514 50 whether whether SCONJ cblr-1765 514 51 there there PRON cblr-1765 514 52 is be VERB cblr-1765 514 53 an an DET cblr-1765 514 54 evidentiary evidentiary ADJ cblr-1765 514 55 threshold threshold NOUN cblr-1765 514 56 that that PRON cblr-1765 514 57 must must AUX cblr-1765 514 58 be be AUX cblr-1765 514 59 met meet VERB cblr-1765 514 60 before before SCONJ cblr-1765 514 61 courts court NOUN cblr-1765 514 62 will will AUX cblr-1765 514 63 examine examine VERB cblr-1765 514 64 a a DET cblr-1765 514 65 broader broad ADJ cblr-1765 514 66 temporality temporality NOUN cblr-1765 514 67 for for ADP cblr-1765 514 68 manipulation manipulation NOUN cblr-1765 514 69 . . PUNCT cblr-1765 515 1 similarly similarly ADV cblr-1765 515 2 , , PUNCT cblr-1765 515 3 the the DET cblr-1765 515 4 second second ADJ cblr-1765 515 5 circuit circuit NOUN cblr-1765 515 6 has have AUX cblr-1765 515 7 not not PART cblr-1765 515 8 explicated explicate VERB cblr-1765 515 9 “ " PUNCT cblr-1765 515 10 bad bad ADJ cblr-1765 515 11 faith faith NOUN cblr-1765 515 12 ” " PUNCT cblr-1765 515 13 in in ADP cblr-1765 515 14 the the DET cblr-1765 515 15 comi comi NOUN cblr-1765 515 16 manipulation manipulation NOUN cblr-1765 515 17 context context NOUN cblr-1765 515 18 . . PUNCT cblr-1765 516 1 in in ADP cblr-1765 516 2 in in ADP cblr-1765 516 3 re re PROPN cblr-1765 516 4 fairfield fairfield PROPN cblr-1765 516 5 sentry sentry PROPN cblr-1765 516 6 , , PUNCT cblr-1765 516 7 the the DET cblr-1765 516 8 bankruptcy bankruptcy NOUN cblr-1765 516 9 court court NOUN cblr-1765 516 10 listed list VERB cblr-1765 516 11 “ " PUNCT cblr-1765 516 12 insider insider NOUN cblr-1765 516 13 exploitation exploitation NOUN cblr-1765 516 14 , , PUNCT cblr-1765 516 15 untoward untoward ADJ cblr-1765 516 16 manipulation manipulation NOUN cblr-1765 516 17 , , PUNCT cblr-1765 516 18 [ [ X cblr-1765 516 19 and and CCONJ cblr-1765 516 20 ] ] PUNCT cblr-1765 516 21 overt overt ADJ cblr-1765 516 22 thwarting thwarting NOUN cblr-1765 516 23 of of ADP cblr-1765 516 24 third third ADJ cblr-1765 516 25 party party PROPN cblr-1765 516 26 expectations expectation NOUN cblr-1765 516 27 ” " PUNCT cblr-1765 516 28 as as ADP cblr-1765 516 29 examples example NOUN cblr-1765 516 30 of of ADP cblr-1765 516 31 improper improper ADJ cblr-1765 516 32 shifting shifting NOUN cblr-1765 516 33 of of ADP cblr-1765 516 34 comi.121 comi.121 PRON cblr-1765 516 35 however however ADV cblr-1765 516 36 , , PUNCT cblr-1765 516 37 the the DET cblr-1765 516 38 court court NOUN cblr-1765 516 39 did do AUX cblr-1765 516 40 not not PART cblr-1765 516 41 offer offer VERB cblr-1765 516 42 any any DET cblr-1765 516 43 further further ADJ cblr-1765 516 44 explanation explanation NOUN cblr-1765 516 45 . . PUNCT cblr-1765 517 1 in in ADP cblr-1765 517 2 in in ADP cblr-1765 517 3 re re PROPN cblr-1765 517 4 suntech suntech PROPN cblr-1765 517 5 , , PUNCT cblr-1765 517 6 the the DET cblr-1765 517 7 bankruptcy bankruptcy NOUN cblr-1765 517 8 court court NOUN cblr-1765 517 9 for for ADP cblr-1765 517 10 the the DET cblr-1765 517 11 southern southern ADJ cblr-1765 517 12 district district NOUN cblr-1765 517 13 of of ADP cblr-1765 517 14 new new PROPN cblr-1765 517 15 york york PROPN cblr-1765 517 16 offered offer VERB cblr-1765 517 17 the the DET cblr-1765 517 18 most most ADV cblr-1765 517 19 intensive intensive ADJ cblr-1765 517 20 factual factual ADJ cblr-1765 517 21 analysis analysis NOUN cblr-1765 517 22 of of ADP cblr-1765 517 23 comi comi NOUN cblr-1765 517 24 manipulation manipulation NOUN cblr-1765 517 25 in in ADP cblr-1765 517 26 the the DET cblr-1765 517 27 second second ADJ cblr-1765 517 28 circuit circuit NOUN cblr-1765 517 29 . . PUNCT cblr-1765 518 1 there there ADV cblr-1765 518 2 , , PUNCT cblr-1765 518 3 liquidators liquidator NOUN cblr-1765 518 4 ’ ' PUNCT cblr-1765 518 5 activities activity NOUN cblr-1765 518 6 — — PUNCT cblr-1765 518 7 transferring transfer VERB cblr-1765 518 8 stock stock NOUN cblr-1765 518 9 certificates certificate NOUN cblr-1765 518 10 , , PUNCT cblr-1765 518 11 shareholder shareholder NOUN cblr-1765 518 12 registries registry NOUN cblr-1765 518 13 , , PUNCT cblr-1765 518 14 and and CCONJ cblr-1765 518 15 statutory statutory ADJ cblr-1765 518 16 records record NOUN cblr-1765 518 17 to to ADP cblr-1765 518 18 offices office NOUN cblr-1765 518 19 in in ADP cblr-1765 518 20 the the DET cblr-1765 518 21 caymans caymans PROPN cblr-1765 518 22 , , PUNCT cblr-1765 518 23 opening open VERB cblr-1765 518 24 the the DET cblr-1765 518 25 debtor debtor NOUN cblr-1765 518 26 ’s ’s PART cblr-1765 518 27 only only ADV cblr-1765 518 28 cayman cayman PROPN cblr-1765 518 29 bank bank PROPN cblr-1765 518 30 account account VERB cblr-1765 518 31 solely solely ADV cblr-1765 518 32 for for ADP cblr-1765 518 33 payment payment NOUN cblr-1765 518 34 of of ADP cblr-1765 518 35 professional professional ADJ cblr-1765 518 36 fees fee NOUN cblr-1765 518 37 , , PUNCT cblr-1765 518 38 appointing appoint VERB cblr-1765 518 39 a a DET cblr-1765 518 40 director director NOUN cblr-1765 518 41 118 118 NUM cblr-1765 519 1 i i PRON cblr-1765 519 2 d. d. PROPN cblr-1765 519 3 at at ADP cblr-1765 519 4 133 133 NUM cblr-1765 519 5 . . PUNCT cblr-1765 520 1 see see VERB cblr-1765 520 2 also also ADV cblr-1765 520 3 in in ADP cblr-1765 520 4 re re PROPN cblr-1765 520 5 fairfield fairfield PROPN cblr-1765 520 6 sentry sentry PROPN cblr-1765 520 7 , , PUNCT cblr-1765 520 8 440 440 NUM cblr-1765 520 9 b.r b.r PROPN cblr-1765 520 10 . . PROPN cblr-1765 520 11 at at ADP cblr-1765 520 12 66 66 NUM cblr-1765 520 13 ( ( PUNCT cblr-1765 520 14 “ " PUNCT cblr-1765 520 15 the the DET cblr-1765 520 16 jurisprudence jurisprudence NOUN cblr-1765 520 17 emerging emerge VERB cblr-1765 520 18 from from ADP cblr-1765 520 19 [ [ X cblr-1765 520 20 other other ADJ cblr-1765 520 21 ] ] X cblr-1765 520 22 courts court NOUN cblr-1765 520 23 does do AUX cblr-1765 520 24 not not PART cblr-1765 520 25 preclude preclude VERB cblr-1765 520 26 looking look VERB cblr-1765 520 27 into into ADP cblr-1765 520 28 a a DET cblr-1765 520 29 broader broad ADJ cblr-1765 520 30 temporal temporal ADJ cblr-1765 520 31 comi comi NOUN cblr-1765 520 32 assessment assessment NOUN cblr-1765 520 33 where where SCONJ cblr-1765 520 34 there there PRON cblr-1765 520 35 may may AUX cblr-1765 520 36 have have AUX cblr-1765 520 37 been be AUX cblr-1765 520 38 an an DET cblr-1765 520 39 opportunistic opportunistic ADJ cblr-1765 520 40 shift shift NOUN cblr-1765 520 41 to to PART cblr-1765 520 42 establish establish VERB cblr-1765 520 43 comi comi NOUN cblr-1765 520 44 . . PUNCT cblr-1765 520 45 . . PUNCT cblr-1765 520 46 . . PUNCT cblr-1765 520 47 . . PUNCT cblr-1765 520 48 ” " PUNCT cblr-1765 520 49 ) ) PUNCT cblr-1765 520 50 . . PUNCT cblr-1765 521 1 119 119 NUM cblr-1765 521 2 in in ADP cblr-1765 521 3 re re PROPN cblr-1765 521 4 fairfield fairfield PROPN cblr-1765 521 5 sentry sentry PROPN cblr-1765 521 6 , , PUNCT cblr-1765 521 7 714 714 NUM cblr-1765 521 8 f.3d f.3d NUM cblr-1765 521 9 at at ADP cblr-1765 521 10 138 138 NUM cblr-1765 521 11 . . PUNCT cblr-1765 522 1 120 120 NUM cblr-1765 522 2 i i PRON cblr-1765 522 3 d. d. PROPN cblr-1765 522 4 at at ADP cblr-1765 522 5 130 130 NUM cblr-1765 522 6 ( ( PUNCT cblr-1765 522 7 “ " PUNCT cblr-1765 522 8 we we PRON cblr-1765 522 9 conclude conclude VERB cblr-1765 522 10 . . PUNCT cblr-1765 522 11 . . PUNCT cblr-1765 522 12 . . PUNCT cblr-1765 523 1 that that SCONJ cblr-1765 523 2 the the DET cblr-1765 523 3 relevant relevant ADJ cblr-1765 523 4 time time NOUN cblr-1765 523 5 period period NOUN cblr-1765 523 6 is be AUX cblr-1765 523 7 the the DET cblr-1765 523 8 time time NOUN cblr-1765 523 9 of of ADP cblr-1765 523 10 the the DET cblr-1765 523 11 chapter chapter NOUN cblr-1765 523 12 15 15 NUM cblr-1765 523 13 petition petition NOUN cblr-1765 523 14 , , PUNCT cblr-1765 523 15 subject subject ADJ cblr-1765 523 16 to to ADP cblr-1765 523 17 an an DET cblr-1765 523 18 inquiry inquiry NOUN cblr-1765 523 19 into into ADP cblr-1765 523 20 whether whether SCONJ cblr-1765 523 21 the the DET cblr-1765 523 22 process process NOUN cblr-1765 523 23 has have AUX cblr-1765 523 24 been be AUX cblr-1765 523 25 manipulated manipulate VERB cblr-1765 523 26 . . PUNCT cblr-1765 523 27 ” " PUNCT cblr-1765 523 28 ) ) PUNCT cblr-1765 523 29 . . PUNCT cblr-1765 524 1 121 121 NUM cblr-1765 524 2 in in ADP cblr-1765 524 3 re re PROPN cblr-1765 524 4 fairfield fairfield PROPN cblr-1765 524 5 sentry sentry PROPN cblr-1765 524 6 , , PUNCT cblr-1765 524 7 440 440 NUM cblr-1765 524 8 b.r b.r PROPN cblr-1765 524 9 . . PROPN cblr-1765 524 10 at at ADP cblr-1765 524 11 66 66 NUM cblr-1765 524 12 ( ( PUNCT cblr-1765 524 13 citations citation NOUN cblr-1765 524 14 omitted omit VERB cblr-1765 524 15 ) ) PUNCT cblr-1765 524 16 . . PUNCT cblr-1765 525 1 hallock hallock PROPN cblr-1765 525 2 – – PUNCT cblr-1765 525 3 final final ADJ cblr-1765 525 4 no no NOUN cblr-1765 525 5 . . PUNCT cblr-1765 526 1 3:1074 3:1074 NUM cblr-1765 526 2 ] ] PUNCT cblr-1765 526 3 time time NOUN cblr-1765 526 4 out out ADP cblr-1765 526 5 1109 1109 NUM cblr-1765 526 6 who who PRON cblr-1765 526 7 resides reside VERB cblr-1765 526 8 in in ADP cblr-1765 526 9 the the DET cblr-1765 526 10 cayman cayman PROPN cblr-1765 526 11 islands island NOUN cblr-1765 526 12 , , PUNCT cblr-1765 526 13 and and CCONJ cblr-1765 526 14 holding hold VERB cblr-1765 526 15 one one NUM cblr-1765 526 16 board board NOUN cblr-1765 526 17 meeting meeting NOUN cblr-1765 526 18 in in ADP cblr-1765 526 19 the the DET cblr-1765 526 20 caymans cayman NOUN cblr-1765 526 21 — — PUNCT cblr-1765 526 22 did do AUX cblr-1765 526 23 not not PART cblr-1765 526 24 qualify qualify VERB cblr-1765 526 25 as as ADP cblr-1765 526 26 manipulation.122 manipulation.122 NOUN cblr-1765 526 27 these these DET cblr-1765 526 28 activities activity NOUN cblr-1765 526 29 were be AUX cblr-1765 526 30 valid valid ADJ cblr-1765 526 31 because because SCONJ cblr-1765 526 32 they they PRON cblr-1765 526 33 were be AUX cblr-1765 526 34 consistent consistent ADJ cblr-1765 526 35 with with ADP cblr-1765 526 36 the the DET cblr-1765 526 37 liquidators liquidator NOUN cblr-1765 526 38 ’ ' PUNCT cblr-1765 526 39 duties duty NOUN cblr-1765 526 40 , , PUNCT cblr-1765 526 41 served serve VERB cblr-1765 526 42 a a DET cblr-1765 526 43 legitimate legitimate ADJ cblr-1765 526 44 business business NOUN cblr-1765 526 45 purpose purpose NOUN cblr-1765 526 46 , , PUNCT cblr-1765 526 47 and and CCONJ cblr-1765 526 48 were be AUX cblr-1765 526 49 convenient.123 convenient.123 NOUN cblr-1765 526 50 furthermore furthermore ADV cblr-1765 526 51 , , PUNCT cblr-1765 526 52 the the DET cblr-1765 526 53 court court NOUN cblr-1765 526 54 found find VERB cblr-1765 526 55 that that SCONJ cblr-1765 526 56 the the DET cblr-1765 526 57 liquidators liquidator NOUN cblr-1765 526 58 “ " PUNCT cblr-1765 526 59 would would AUX cblr-1765 526 60 have have AUX cblr-1765 526 61 taken take VERB cblr-1765 526 62 these these DET cblr-1765 526 63 actions action NOUN cblr-1765 526 64 even even ADV cblr-1765 526 65 if if SCONJ cblr-1765 526 66 they they PRON cblr-1765 526 67 had have AUX cblr-1765 526 68 never never ADV cblr-1765 526 69 intended intend VERB cblr-1765 526 70 to to PART cblr-1765 526 71 file file VERB cblr-1765 526 72 a a DET cblr-1765 526 73 chapter chapter NOUN cblr-1765 526 74 15 15 NUM cblr-1765 526 75 case case NOUN cblr-1765 526 76 . . PUNCT cblr-1765 526 77 ”124 ”124 PUNCT cblr-1765 526 78 on on ADP cblr-1765 526 79 the the DET cblr-1765 526 80 other other ADJ cblr-1765 526 81 hand hand NOUN cblr-1765 526 82 , , PUNCT cblr-1765 526 83 the the DET cblr-1765 526 84 in in ADP cblr-1765 526 85 re re PROPN cblr-1765 526 86 suntech suntech PROPN cblr-1765 526 87 court court PROPN cblr-1765 526 88 suggested suggest VERB cblr-1765 526 89 that that SCONJ cblr-1765 526 90 a a DET cblr-1765 526 91 liquidator liquidator NOUN cblr-1765 526 92 ’s ’s PART cblr-1765 526 93 statements statement NOUN cblr-1765 526 94 to to ADP cblr-1765 526 95 the the DET cblr-1765 526 96 newly newly ADV cblr-1765 526 97 - - PUNCT cblr-1765 526 98 appointed appoint VERB cblr-1765 526 99 cayman cayman NOUN cblr-1765 526 100 director director NOUN cblr-1765 526 101 that that PRON cblr-1765 526 102 a a DET cblr-1765 526 103 resident resident ADJ cblr-1765 526 104 cayman cayman PROPN cblr-1765 526 105 islands islands PROPN cblr-1765 526 106 board board PROPN cblr-1765 526 107 member member NOUN cblr-1765 526 108 might might AUX cblr-1765 526 109 be be AUX cblr-1765 526 110 beneficial beneficial ADJ cblr-1765 526 111 in in ADP cblr-1765 526 112 securing secure VERB cblr-1765 526 113 chapter chapter NOUN cblr-1765 526 114 15 15 NUM cblr-1765 526 115 recognition recognition NOUN cblr-1765 526 116 were be AUX cblr-1765 526 117 evidence evidence NOUN cblr-1765 526 118 of of ADP cblr-1765 526 119 manipulation.125 manipulation.125 NOUN cblr-1765 526 120 however however ADV cblr-1765 526 121 , , PUNCT cblr-1765 526 122 because because SCONJ cblr-1765 526 123 the the DET cblr-1765 526 124 debtor debtor NOUN cblr-1765 526 125 ’s ’s PART cblr-1765 526 126 comi comi NOUN cblr-1765 526 127 had have AUX cblr-1765 526 128 been be AUX cblr-1765 526 129 lodged lodge VERB cblr-1765 526 130 in in ADP cblr-1765 526 131 the the DET cblr-1765 526 132 caymans cayman NOUN cblr-1765 526 133 even even ADV cblr-1765 526 134 excluding exclude VERB cblr-1765 526 135 the the DET cblr-1765 526 136 appointment appointment NOUN cblr-1765 526 137 of of ADP cblr-1765 526 138 the the DET cblr-1765 526 139 cayman cayman NOUN cblr-1765 526 140 director director NOUN cblr-1765 526 141 , , PUNCT cblr-1765 526 142 the the DET cblr-1765 526 143 court court NOUN cblr-1765 526 144 did do AUX cblr-1765 526 145 not not PART cblr-1765 526 146 further far ADV cblr-1765 526 147 discuss discuss VERB cblr-1765 526 148 the the DET cblr-1765 526 149 liquidator liquidator NOUN cblr-1765 526 150 ’s ’s PART cblr-1765 526 151 potential potential ADJ cblr-1765 526 152 manipulation manipulation NOUN cblr-1765 526 153 and and CCONJ cblr-1765 526 154 upheld uphold VERB cblr-1765 526 155 recognition.126 recognition.126 NOUN cblr-1765 526 156 in in ADP cblr-1765 526 157 this this DET cblr-1765 526 158 sense sense NOUN cblr-1765 526 159 , , PUNCT cblr-1765 526 160 in in ADP cblr-1765 526 161 re re PROPN cblr-1765 526 162 suntech suntech PROPN cblr-1765 526 163 offers offer VERB cblr-1765 526 164 some some DET cblr-1765 526 165 evidence evidence NOUN cblr-1765 526 166 that that SCONJ cblr-1765 526 167 a a DET cblr-1765 526 168 direct direct ADJ cblr-1765 526 169 statement statement NOUN cblr-1765 526 170 by by ADP cblr-1765 526 171 the the DET cblr-1765 526 172 debtor debtor NOUN cblr-1765 526 173 ’s ’s PART cblr-1765 526 174 agent agent NOUN cblr-1765 526 175 that that SCONJ cblr-1765 526 176 certain certain ADJ cblr-1765 526 177 liquidation liquidation NOUN cblr-1765 526 178 activities activity NOUN cblr-1765 526 179 were be AUX cblr-1765 526 180 conducted conduct VERB cblr-1765 526 181 to to PART cblr-1765 526 182 improve improve VERB cblr-1765 526 183 the the DET cblr-1765 526 184 prospects prospect NOUN cblr-1765 526 185 of of ADP cblr-1765 526 186 chapter chapter NOUN cblr-1765 526 187 15 15 NUM cblr-1765 526 188 recognition recognition NOUN cblr-1765 526 189 — — PUNCT cblr-1765 526 190 if if SCONJ cblr-1765 526 191 these these DET cblr-1765 526 192 activities activity NOUN cblr-1765 526 193 later later ADV cblr-1765 526 194 proved prove VERB cblr-1765 526 195 decisive decisive ADJ cblr-1765 526 196 in in ADP cblr-1765 526 197 the the DET cblr-1765 526 198 court court NOUN cblr-1765 526 199 ’s ’s PART cblr-1765 526 200 recognition recognition NOUN cblr-1765 526 201 decision decision NOUN cblr-1765 526 202 — — PUNCT cblr-1765 526 203 is be AUX cblr-1765 526 204 sufficient sufficient ADJ cblr-1765 526 205 evidence evidence NOUN cblr-1765 526 206 of of ADP cblr-1765 526 207 comi comi NOUN cblr-1765 526 208 manipulation manipulation NOUN cblr-1765 526 209 . . PUNCT cblr-1765 527 1 however however ADV cblr-1765 527 2 , , PUNCT cblr-1765 527 3 given give VERB cblr-1765 527 4 that that DET cblr-1765 527 5 appointment appointment NOUN cblr-1765 527 6 of of ADP cblr-1765 527 7 the the DET cblr-1765 527 8 cayman cayman NOUN cblr-1765 527 9 director director NOUN cblr-1765 527 10 was be AUX cblr-1765 527 11 superfluous superfluous ADJ cblr-1765 527 12 to to ADP cblr-1765 527 13 the the DET cblr-1765 527 14 court court NOUN cblr-1765 527 15 ’s ’s PART cblr-1765 527 16 recognition recognition NOUN cblr-1765 527 17 of of ADP cblr-1765 527 18 the the DET cblr-1765 527 19 foreign foreign ADJ cblr-1765 527 20 proceedings proceeding NOUN cblr-1765 527 21 , , PUNCT cblr-1765 527 22 such such DET cblr-1765 527 23 an an DET cblr-1765 527 24 inference inference NOUN cblr-1765 527 25 is be AUX cblr-1765 527 26 inconclusive inconclusive ADJ cblr-1765 527 27 . . PUNCT cblr-1765 528 1 comi comi NOUN cblr-1765 528 2 manipulation manipulation NOUN cblr-1765 528 3 tests test NOUN cblr-1765 528 4 face face VERB cblr-1765 528 5 several several ADJ cblr-1765 528 6 shortcomings shortcoming NOUN cblr-1765 528 7 as as ADP cblr-1765 528 8 a a DET cblr-1765 528 9 viable viable ADJ cblr-1765 528 10 means mean NOUN cblr-1765 528 11 for for ADP cblr-1765 528 12 controlling control VERB cblr-1765 528 13 forum forum NOUN cblr-1765 528 14 shopping shopping NOUN cblr-1765 528 15 and and CCONJ cblr-1765 528 16 improving improve VERB cblr-1765 528 17 third third ADJ cblr-1765 528 18 - - PUNCT cblr-1765 528 19 party party NOUN cblr-1765 528 20 ascertainment ascertainment NOUN cblr-1765 528 21 in in ADP cblr-1765 528 22 the the DET cblr-1765 528 23 aftermath aftermath NOUN cblr-1765 528 24 of of ADP cblr-1765 528 25 in in ADP cblr-1765 528 26 re re PROPN cblr-1765 528 27 fairfield fairfield PROPN cblr-1765 528 28 sentry sentry PROPN cblr-1765 528 29 . . PUNCT cblr-1765 529 1 first first ADV cblr-1765 529 2 , , PUNCT cblr-1765 529 3 without without ADP cblr-1765 529 4 explicit explicit ADJ cblr-1765 529 5 guidelines guideline NOUN cblr-1765 529 6 and and CCONJ cblr-1765 529 7 criteria criterion NOUN cblr-1765 529 8 for for ADP cblr-1765 529 9 manipulation manipulation NOUN cblr-1765 529 10 , , PUNCT cblr-1765 529 11 it it PRON cblr-1765 529 12 is be AUX cblr-1765 529 13 unpredictable unpredictable ADJ cblr-1765 529 14 when when SCONJ cblr-1765 529 15 a a DET cblr-1765 529 16 court court NOUN cblr-1765 529 17 in in ADP cblr-1765 529 18 the the DET cblr-1765 529 19 second second ADJ cblr-1765 529 20 circuit circuit NOUN cblr-1765 529 21 might might AUX cblr-1765 529 22 find find VERB cblr-1765 529 23 ample ample ADJ cblr-1765 529 24 evidence evidence NOUN cblr-1765 529 25 of of ADP cblr-1765 529 26 manipulation manipulation NOUN cblr-1765 529 27 . . PUNCT cblr-1765 530 1 further far ADV cblr-1765 530 2 , , PUNCT cblr-1765 530 3 it it PRON cblr-1765 530 4 is be AUX cblr-1765 530 5 unclear unclear ADJ cblr-1765 530 6 what what PRON cblr-1765 530 7 evidentiary evidentiary ADJ cblr-1765 530 8 burden burden NOUN cblr-1765 530 9 objectants objectant NOUN cblr-1765 530 10 must must AUX cblr-1765 530 11 carry carry VERB cblr-1765 530 12 to to PART cblr-1765 530 13 trigger trigger NOUN cblr-1765 530 14 manipulation manipulation NOUN cblr-1765 530 15 analysis analysis NOUN cblr-1765 530 16 . . PUNCT cblr-1765 531 1 accordingly accordingly ADV cblr-1765 531 2 , , PUNCT cblr-1765 531 3 the the DET cblr-1765 531 4 first first ADJ cblr-1765 531 5 step step NOUN cblr-1765 531 6 122 122 NUM cblr-1765 531 7 in in ADP cblr-1765 531 8 re re PROPN cblr-1765 531 9 suntech suntech PROPN cblr-1765 531 10 power power PROPN cblr-1765 531 11 holdings holdings PROPN cblr-1765 531 12 co. co. PROPN cblr-1765 531 13 , , PUNCT cblr-1765 531 14 ltd ltd PROPN cblr-1765 531 15 . . PROPN cblr-1765 531 16 , , PUNCT cblr-1765 531 17 520 520 NUM cblr-1765 531 18 b.r b.r PROPN cblr-1765 531 19 . . PROPN cblr-1765 531 20 399 399 NUM cblr-1765 531 21 , , PUNCT cblr-1765 531 22 419–20 419–20 PROPN cblr-1765 531 23 ( ( PUNCT cblr-1765 531 24 bankr bankr PROPN cblr-1765 531 25 . . PUNCT cblr-1765 532 1 s.d.n.y s.d.n.y PROPN cblr-1765 532 2 . . PROPN cblr-1765 532 3 2014 2014 NUM cblr-1765 532 4 ) ) PUNCT cblr-1765 532 5 . . PUNCT cblr-1765 533 1 123 123 NUM cblr-1765 534 1 i i PRON cblr-1765 534 2 d. d. PROPN cblr-1765 534 3 124 124 NUM cblr-1765 535 1 i i PRON cblr-1765 535 2 d. d. PROPN cblr-1765 535 3 at at ADP cblr-1765 535 4 420 420 NUM cblr-1765 535 5 . . PUNCT cblr-1765 536 1 125 125 NUM cblr-1765 537 1 i i NOUN cblr-1765 537 2 d. d. PROPN cblr-1765 537 3 126 126 NUM cblr-1765 537 4 i i PROPN cblr-1765 537 5 d. d. PROPN cblr-1765 537 6 hallock hallock PROPN cblr-1765 537 7 – – PUNCT cblr-1765 537 8 final final ADJ cblr-1765 537 9 1110 1110 NUM cblr-1765 537 10 columbia columbia PROPN cblr-1765 537 11 business business NOUN cblr-1765 537 12 law law PROPN cblr-1765 537 13 review review NOUN cblr-1765 537 14 [ [ X cblr-1765 537 15 vol vol NOUN cblr-1765 537 16 . . NOUN cblr-1765 537 17 2015 2015 NUM cblr-1765 537 18 for for ADP cblr-1765 537 19 courts court NOUN cblr-1765 537 20 is be AUX cblr-1765 537 21 to to PART cblr-1765 537 22 establish establish VERB cblr-1765 537 23 definitive definitive ADJ cblr-1765 537 24 guidelines guideline NOUN cblr-1765 537 25 for for ADP cblr-1765 537 26 when when SCONJ cblr-1765 537 27 to to PART cblr-1765 537 28 undertake undertake VERB cblr-1765 537 29 a a DET cblr-1765 537 30 comi comi NOUN cblr-1765 537 31 manipulation manipulation NOUN cblr-1765 537 32 analysis analysis NOUN cblr-1765 537 33 and and CCONJ cblr-1765 537 34 what what DET cblr-1765 537 35 criteria criterion NOUN cblr-1765 537 36 must must AUX cblr-1765 537 37 be be AUX cblr-1765 537 38 met meet VERB cblr-1765 537 39 to to PART cblr-1765 537 40 establish establish VERB cblr-1765 537 41 bad bad ADJ cblr-1765 537 42 faith faith NOUN cblr-1765 537 43 . . PUNCT cblr-1765 538 1 given give VERB cblr-1765 538 2 the the DET cblr-1765 538 3 difficulty difficulty NOUN cblr-1765 538 4 of of ADP cblr-1765 538 5 proving prove VERB cblr-1765 538 6 subjective subjective ADJ cblr-1765 538 7 bad bad ADJ cblr-1765 538 8 faith faith NOUN cblr-1765 538 9 — — PUNCT cblr-1765 538 10 it it PRON cblr-1765 538 11 likely likely ADV cblr-1765 538 12 requires require VERB cblr-1765 538 13 statements statement NOUN cblr-1765 538 14 by by ADP cblr-1765 538 15 actors actor NOUN cblr-1765 538 16 about about ADP cblr-1765 538 17 their their PRON cblr-1765 538 18 improper improper ADJ cblr-1765 538 19 motivations motivation NOUN cblr-1765 538 20 as as ADP cblr-1765 538 21 in in ADP cblr-1765 538 22 in in ADP cblr-1765 538 23 re re ADP cblr-1765 538 24 suntech suntech NOUN cblr-1765 538 25 — — PUNCT cblr-1765 538 26 manipulation manipulation NOUN cblr-1765 538 27 tests test NOUN cblr-1765 538 28 can can AUX cblr-1765 538 29 only only ADV cblr-1765 538 30 be be AUX cblr-1765 538 31 effective effective ADJ cblr-1765 538 32 if if SCONJ cblr-1765 538 33 courts court NOUN cblr-1765 538 34 set set VERB cblr-1765 538 35 a a DET cblr-1765 538 36 low low ADJ cblr-1765 538 37 threshold threshold NOUN cblr-1765 538 38 for for ADP cblr-1765 538 39 objectants objectant NOUN cblr-1765 538 40 . . PUNCT cblr-1765 539 1 whenever whenever SCONJ cblr-1765 539 2 an an DET cblr-1765 539 3 objectant objectant ADJ cblr-1765 539 4 sufficiently sufficiently ADV cblr-1765 539 5 alleges allege VERB cblr-1765 539 6 that that SCONJ cblr-1765 539 7 a a DET cblr-1765 539 8 debtor debtor NOUN cblr-1765 539 9 ’s ’s PART cblr-1765 539 10 comi comi NOUN cblr-1765 539 11 shifted shift VERB cblr-1765 539 12 between between ADP cblr-1765 539 13 the the DET cblr-1765 539 14 time time NOUN cblr-1765 539 15 of of ADP cblr-1765 539 16 the the DET cblr-1765 539 17 commencement commencement NOUN cblr-1765 539 18 of of ADP cblr-1765 539 19 the the DET cblr-1765 539 20 foreign foreign ADJ cblr-1765 539 21 proceeding proceeding NOUN cblr-1765 539 22 and and CCONJ cblr-1765 539 23 the the DET cblr-1765 539 24 filing filing NOUN cblr-1765 539 25 of of ADP cblr-1765 539 26 the the DET cblr-1765 539 27 chapter chapter NOUN cblr-1765 539 28 15 15 NUM cblr-1765 539 29 petition petition NOUN cblr-1765 539 30 , , PUNCT cblr-1765 539 31 it it PRON cblr-1765 539 32 should should AUX cblr-1765 539 33 be be AUX cblr-1765 539 34 sufficient sufficient ADJ cblr-1765 539 35 to to PART cblr-1765 539 36 trigger trigger VERB cblr-1765 539 37 the the DET cblr-1765 539 38 court court NOUN cblr-1765 539 39 ’s ’s PART cblr-1765 539 40 broader broad ADJ cblr-1765 539 41 temporal temporal ADJ cblr-1765 539 42 analysis.127 analysis.127 NOUN cblr-1765 539 43 furthermore furthermore ADV cblr-1765 539 44 , , PUNCT cblr-1765 539 45 once once SCONJ cblr-1765 539 46 it it PRON cblr-1765 539 47 is be AUX cblr-1765 539 48 established establish VERB cblr-1765 539 49 that that SCONJ cblr-1765 539 50 the the DET cblr-1765 539 51 debtor debtor NOUN cblr-1765 539 52 ’s ’s PART cblr-1765 539 53 comi comi NOUN cblr-1765 539 54 shifted shift VERB cblr-1765 539 55 , , PUNCT cblr-1765 539 56 the the DET cblr-1765 539 57 debtor debtor NOUN cblr-1765 539 58 should should AUX cblr-1765 539 59 have have VERB cblr-1765 539 60 the the DET cblr-1765 539 61 burden burden NOUN cblr-1765 539 62 of of ADP cblr-1765 539 63 demonstrating demonstrate VERB cblr-1765 539 64 it it PRON cblr-1765 539 65 was be AUX cblr-1765 539 66 not not PART cblr-1765 539 67 improperly improperly ADV cblr-1765 539 68 manipulated.128 manipulated.128 VERB cblr-1765 539 69 this this DET cblr-1765 539 70 construction construction NOUN cblr-1765 539 71 is be AUX cblr-1765 539 72 logical logical ADJ cblr-1765 539 73 since since SCONJ cblr-1765 539 74 the the DET cblr-1765 539 75 debtors debtor NOUN cblr-1765 539 76 or or CCONJ cblr-1765 539 77 liquidators liquidator NOUN cblr-1765 539 78 themselves themselves PRON cblr-1765 539 79 are be AUX cblr-1765 539 80 likely likely ADJ cblr-1765 539 81 to to PART cblr-1765 539 82 be be AUX cblr-1765 539 83 the the DET cblr-1765 539 84 party party NOUN cblr-1765 539 85 in in ADP cblr-1765 539 86 the the DET cblr-1765 539 87 best good ADJ cblr-1765 539 88 position position NOUN cblr-1765 539 89 to to PART cblr-1765 539 90 present present VERB cblr-1765 539 91 evidence evidence NOUN cblr-1765 539 92 about about ADP cblr-1765 539 93 the the DET cblr-1765 539 94 intentions intention NOUN cblr-1765 539 95 and and CCONJ cblr-1765 539 96 motivations motivation NOUN cblr-1765 539 97 behind behind ADP cblr-1765 539 98 their their PRON cblr-1765 539 99 liquidation liquidation NOUN cblr-1765 539 100 activities activity NOUN cblr-1765 539 101 . . PUNCT cblr-1765 540 1 in in ADP cblr-1765 540 2 this this DET cblr-1765 540 3 manner manner NOUN cblr-1765 540 4 , , PUNCT cblr-1765 540 5 manipulation manipulation NOUN cblr-1765 540 6 analysis analysis NOUN cblr-1765 540 7 would would AUX cblr-1765 540 8 reflect reflect VERB cblr-1765 540 9 comi comi NOUN cblr-1765 540 10 analysis analysis NOUN cblr-1765 540 11 , , PUNCT cblr-1765 540 12 where where SCONJ cblr-1765 540 13 127 127 NUM cblr-1765 540 14 the the DET cblr-1765 540 15 fifth fifth ADJ cblr-1765 540 16 circuit circuit NOUN cblr-1765 540 17 court court NOUN cblr-1765 540 18 of of ADP cblr-1765 540 19 appeals appeals PROPN cblr-1765 540 20 suggested suggest VERB cblr-1765 540 21 something something PRON cblr-1765 540 22 to to ADP cblr-1765 540 23 this this DET cblr-1765 540 24 effect effect NOUN cblr-1765 540 25 in in ADP cblr-1765 540 26 in in ADP cblr-1765 540 27 re re NOUN cblr-1765 540 28 ran run VERB cblr-1765 540 29 . . PUNCT cblr-1765 541 1 in in ADP cblr-1765 541 2 that that DET cblr-1765 541 3 case case NOUN cblr-1765 541 4 , , PUNCT cblr-1765 541 5 the the DET cblr-1765 541 6 court court NOUN cblr-1765 541 7 rejected reject VERB cblr-1765 541 8 manipulation manipulation NOUN cblr-1765 541 9 allegations allegation NOUN cblr-1765 541 10 where where SCONJ cblr-1765 541 11 the the DET cblr-1765 541 12 debtor debtor NOUN cblr-1765 541 13 ’s ’s PART cblr-1765 541 14 comi comi NOUN cblr-1765 541 15 had have AUX cblr-1765 541 16 shifted shift VERB cblr-1765 541 17 over over ADP cblr-1765 541 18 a a DET cblr-1765 541 19 decade decade NOUN cblr-1765 541 20 earlier early ADV cblr-1765 541 21 . . PUNCT cblr-1765 542 1 however however ADV cblr-1765 542 2 , , PUNCT cblr-1765 542 3 the the DET cblr-1765 542 4 court court NOUN cblr-1765 542 5 stated state VERB cblr-1765 542 6 that that SCONJ cblr-1765 542 7 “ " PUNCT cblr-1765 542 8 [ [ X cblr-1765 542 9 a a X cblr-1765 542 10 ] ] X cblr-1765 542 11 similar similar ADJ cblr-1765 542 12 case case NOUN cblr-1765 542 13 brought bring VERB cblr-1765 542 14 immediately immediately ADV cblr-1765 542 15 after after ADP cblr-1765 542 16 the the DET cblr-1765 542 17 party party NOUN cblr-1765 542 18 ’s ’s PART cblr-1765 542 19 arrival arrival NOUN cblr-1765 542 20 in in ADP cblr-1765 542 21 the the DET cblr-1765 542 22 united united PROPN cblr-1765 542 23 states states PROPN cblr-1765 542 24 following follow VERB cblr-1765 542 25 a a DET cblr-1765 542 26 long long ADJ cblr-1765 542 27 period period NOUN cblr-1765 542 28 of of ADP cblr-1765 542 29 domicile domicile NOUN cblr-1765 542 30 in in ADP cblr-1765 542 31 the the DET cblr-1765 542 32 country country NOUN cblr-1765 542 33 where where SCONJ cblr-1765 542 34 the the DET cblr-1765 542 35 bankruptcy bankruptcy NOUN cblr-1765 542 36 is be AUX cblr-1765 542 37 pending pende VERB cblr-1765 542 38 would would AUX cblr-1765 542 39 likely likely ADV cblr-1765 542 40 lead lead VERB cblr-1765 542 41 to to ADP cblr-1765 542 42 a a DET cblr-1765 542 43 different different ADJ cblr-1765 542 44 result result NOUN cblr-1765 542 45 . . PUNCT cblr-1765 542 46 ” " PUNCT cblr-1765 543 1 in in ADP cblr-1765 543 2 re re NOUN cblr-1765 543 3 ran run VERB cblr-1765 543 4 , , PUNCT cblr-1765 543 5 607 607 NUM cblr-1765 543 6 f.3d f.3d NUM cblr-1765 543 7 1017 1017 NUM cblr-1765 543 8 , , PUNCT cblr-1765 543 9 1026 1026 NUM cblr-1765 543 10 ( ( PUNCT cblr-1765 543 11 5th 5th ADJ cblr-1765 543 12 cir cir NOUN cblr-1765 543 13 . . PUNCT cblr-1765 543 14 2010 2010 NUM cblr-1765 543 15 ) ) PUNCT cblr-1765 543 16 . . PUNCT cblr-1765 544 1 128 128 NUM cblr-1765 545 1 while while SCONJ cblr-1765 545 2 the the DET cblr-1765 545 3 second second ADJ cblr-1765 545 4 circuit circuit NOUN cblr-1765 545 5 does do AUX cblr-1765 545 6 not not PART cblr-1765 545 7 explicitly explicitly ADV cblr-1765 545 8 place place VERB cblr-1765 545 9 the the DET cblr-1765 545 10 burden burden NOUN cblr-1765 545 11 of of ADP cblr-1765 545 12 proving prove VERB cblr-1765 545 13 manipulation manipulation NOUN cblr-1765 545 14 on on ADP cblr-1765 545 15 objectants objectant NOUN cblr-1765 545 16 , , PUNCT cblr-1765 545 17 it it PRON cblr-1765 545 18 appears appear VERB cblr-1765 545 19 they they PRON cblr-1765 545 20 currently currently ADV cblr-1765 545 21 bear bear VERB cblr-1765 545 22 the the DET cblr-1765 545 23 burden burden NOUN cblr-1765 545 24 . . PUNCT cblr-1765 546 1 see see VERB cblr-1765 546 2 in in ADP cblr-1765 546 3 re re PROPN cblr-1765 546 4 fairfield fairfield PROPN cblr-1765 546 5 sentry sentry PROPN cblr-1765 546 6 ltd ltd PROPN cblr-1765 546 7 . . PROPN cblr-1765 546 8 , , PUNCT cblr-1765 546 9 714 714 NUM cblr-1765 546 10 f.3d f.3d NUM cblr-1765 546 11 127 127 NUM cblr-1765 546 12 , , PUNCT cblr-1765 546 13 137–39 137–39 NUM cblr-1765 546 14 ( ( PUNCT cblr-1765 546 15 “ " PUNCT cblr-1765 546 16 [ [ X cblr-1765 546 17 a a X cblr-1765 546 18 ] ] X cblr-1765 546 19 court court NOUN cblr-1765 546 20 may may AUX cblr-1765 546 21 consider consider VERB cblr-1765 546 22 the the DET cblr-1765 546 23 period period NOUN cblr-1765 546 24 between between ADP cblr-1765 546 25 the the DET cblr-1765 546 26 commencement commencement NOUN cblr-1765 546 27 of of ADP cblr-1765 546 28 the the DET cblr-1765 546 29 foreign foreign ADJ cblr-1765 546 30 insolvency insolvency NOUN cblr-1765 546 31 proceeding proceeding NOUN cblr-1765 546 32 and and CCONJ cblr-1765 546 33 the the DET cblr-1765 546 34 filing filing NOUN cblr-1765 546 35 of of ADP cblr-1765 546 36 the the DET cblr-1765 546 37 chapter chapter NOUN cblr-1765 546 38 15 15 NUM cblr-1765 546 39 petition petition NOUN cblr-1765 546 40 to to PART cblr-1765 546 41 ensure ensure VERB cblr-1765 546 42 that that SCONJ cblr-1765 546 43 a a DET cblr-1765 546 44 debtor debtor NOUN cblr-1765 546 45 has have AUX cblr-1765 546 46 not not PART cblr-1765 546 47 manipulated manipulate VERB cblr-1765 546 48 its its PRON cblr-1765 546 49 comi comi NOUN cblr-1765 546 50 in in ADP cblr-1765 546 51 bad bad ADJ cblr-1765 546 52 faith faith NOUN cblr-1765 546 53 . . PUNCT cblr-1765 546 54 ” " PUNCT cblr-1765 546 55 ) ) PUNCT cblr-1765 546 56 . . PUNCT cblr-1765 547 1 in in ADP cblr-1765 547 2 this this DET cblr-1765 547 3 sense sense NOUN cblr-1765 547 4 , , PUNCT cblr-1765 547 5 courts court NOUN cblr-1765 547 6 have have VERB cblr-1765 547 7 the the DET cblr-1765 547 8 option option NOUN cblr-1765 547 9 of of ADP cblr-1765 547 10 conducting conduct VERB cblr-1765 547 11 a a DET cblr-1765 547 12 bad bad ADJ cblr-1765 547 13 faith faith NOUN cblr-1765 547 14 manipulation manipulation NOUN cblr-1765 547 15 analysis analysis NOUN cblr-1765 547 16 if if SCONJ cblr-1765 547 17 there there PRON cblr-1765 547 18 is be VERB cblr-1765 547 19 sufficient sufficient ADJ cblr-1765 547 20 evidence evidence NOUN cblr-1765 547 21 . . PUNCT cblr-1765 548 1 in in ADP cblr-1765 548 2 contrast contrast NOUN cblr-1765 548 3 , , PUNCT cblr-1765 548 4 a a DET cblr-1765 548 5 bad bad ADJ cblr-1765 548 6 faith faith NOUN cblr-1765 548 7 manipulation manipulation NOUN cblr-1765 548 8 test test NOUN cblr-1765 548 9 would would AUX cblr-1765 548 10 be be AUX cblr-1765 548 11 more more ADV cblr-1765 548 12 strenuous strenuous ADJ cblr-1765 548 13 if if SCONJ cblr-1765 548 14 the the DET cblr-1765 548 15 debtor debtor NOUN cblr-1765 548 16 had have VERB cblr-1765 548 17 the the DET cblr-1765 548 18 burden burden NOUN cblr-1765 548 19 to to PART cblr-1765 548 20 prove prove VERB cblr-1765 548 21 that that SCONJ cblr-1765 548 22 there there PRON cblr-1765 548 23 was be VERB cblr-1765 548 24 no no DET cblr-1765 548 25 bad bad ADJ cblr-1765 548 26 faith faith NOUN cblr-1765 548 27 whenever whenever SCONJ cblr-1765 548 28 the the DET cblr-1765 548 29 debtor debtor NOUN cblr-1765 548 30 ’s ’s PART cblr-1765 548 31 comi comi NOUN cblr-1765 548 32 was be AUX cblr-1765 548 33 altered alter VERB cblr-1765 548 34 via via ADP cblr-1765 548 35 liquidation liquidation NOUN cblr-1765 548 36 activities activity NOUN cblr-1765 548 37 . . PUNCT cblr-1765 549 1 hallock hallock NOUN cblr-1765 549 2 – – PUNCT cblr-1765 549 3 final final ADJ cblr-1765 549 4 no no NOUN cblr-1765 549 5 . . PUNCT cblr-1765 550 1 3:1074 3:1074 NUM cblr-1765 550 2 ] ] PUNCT cblr-1765 550 3 time time NOUN cblr-1765 550 4 out out ADP cblr-1765 550 5 1111 1111 NUM cblr-1765 550 6 the the DET cblr-1765 550 7 party party NOUN cblr-1765 550 8 seeking seek VERB cblr-1765 550 9 recognition recognition NOUN cblr-1765 550 10 has have VERB cblr-1765 550 11 the the DET cblr-1765 550 12 burden burden NOUN cblr-1765 550 13 of of ADP cblr-1765 550 14 proving prove VERB cblr-1765 550 15 its its PRON cblr-1765 550 16 comi.129 comi.129 NOUN cblr-1765 550 17 while while SCONJ cblr-1765 550 18 these these DET cblr-1765 550 19 suggestions suggestion NOUN cblr-1765 550 20 will will AUX cblr-1765 550 21 make make VERB cblr-1765 550 22 manipulation manipulation NOUN cblr-1765 550 23 tests test VERB cblr-1765 550 24 more more ADV cblr-1765 550 25 workable workable ADJ cblr-1765 550 26 for for ADP cblr-1765 550 27 objectants objectant NOUN cblr-1765 550 28 , , PUNCT cblr-1765 550 29 they they PRON cblr-1765 550 30 still still ADV cblr-1765 550 31 have have VERB cblr-1765 550 32 many many ADJ cblr-1765 550 33 shortcomings shortcoming NOUN cblr-1765 550 34 in in ADP cblr-1765 550 35 addressing address VERB cblr-1765 550 36 the the DET cblr-1765 550 37 challenges challenge NOUN cblr-1765 550 38 created create VERB cblr-1765 550 39 by by ADP cblr-1765 550 40 in in ADP cblr-1765 550 41 re re PROPN cblr-1765 550 42 fairfield fairfield PROPN cblr-1765 550 43 sentry sentry PROPN cblr-1765 550 44 . . PUNCT cblr-1765 551 1 first first ADV cblr-1765 551 2 , , PUNCT cblr-1765 551 3 it it PRON cblr-1765 551 4 remains remain VERB cblr-1765 551 5 difficult difficult ADJ cblr-1765 551 6 to to PART cblr-1765 551 7 acquire acquire VERB cblr-1765 551 8 evidence evidence NOUN cblr-1765 551 9 about about ADP cblr-1765 551 10 parties party NOUN cblr-1765 551 11 ’ ' PUNCT cblr-1765 551 12 subjective subjective ADJ cblr-1765 551 13 intent intent NOUN cblr-1765 551 14 — — PUNCT cblr-1765 551 15 such such ADJ cblr-1765 551 16 as as ADP cblr-1765 551 17 the the DET cblr-1765 551 18 statement statement NOUN cblr-1765 551 19 in in ADP cblr-1765 551 20 in in ADP cblr-1765 551 21 re re PROPN cblr-1765 551 22 suntech suntech PROPN cblr-1765 551 23 . . PUNCT cblr-1765 552 1 accordingly accordingly ADV cblr-1765 552 2 , , PUNCT cblr-1765 552 3 even even ADV cblr-1765 552 4 if if SCONJ cblr-1765 552 5 the the DET cblr-1765 552 6 burden burden NOUN cblr-1765 552 7 is be AUX cblr-1765 552 8 shifted shift VERB cblr-1765 552 9 to to ADP cblr-1765 552 10 the the DET cblr-1765 552 11 party party NOUN cblr-1765 552 12 seeking seek VERB cblr-1765 552 13 recognition recognition NOUN cblr-1765 552 14 to to PART cblr-1765 552 15 prove prove VERB cblr-1765 552 16 they they PRON cblr-1765 552 17 did do AUX cblr-1765 552 18 not not PART cblr-1765 552 19 improperly improperly ADV cblr-1765 552 20 manipulate manipulate VERB cblr-1765 552 21 comi comi NOUN cblr-1765 552 22 , , PUNCT cblr-1765 552 23 it it PRON cblr-1765 552 24 is be AUX cblr-1765 552 25 unclear unclear ADJ cblr-1765 552 26 whether whether SCONJ cblr-1765 552 27 manipulation manipulation NOUN cblr-1765 552 28 tests test NOUN cblr-1765 552 29 will will AUX cblr-1765 552 30 prove prove VERB cblr-1765 552 31 a a DET cblr-1765 552 32 sufficient sufficient ADJ cblr-1765 552 33 mechanism mechanism NOUN cblr-1765 552 34 to to PART cblr-1765 552 35 constrain constrain VERB cblr-1765 552 36 forum forum NOUN cblr-1765 552 37 shopping shopping NOUN cblr-1765 552 38 . . PUNCT cblr-1765 553 1 furthermore furthermore ADV cblr-1765 553 2 , , PUNCT cblr-1765 553 3 such such ADJ cblr-1765 553 4 tests test NOUN cblr-1765 553 5 — — PUNCT cblr-1765 553 6 because because SCONJ cblr-1765 553 7 like like ADP cblr-1765 553 8 comi comi NOUN cblr-1765 553 9 determinations determination NOUN cblr-1765 553 10 they they PRON cblr-1765 553 11 are be AUX cblr-1765 553 12 made make VERB cblr-1765 553 13 at at ADP cblr-1765 553 14 the the DET cblr-1765 553 15 time time NOUN cblr-1765 553 16 of of ADP cblr-1765 553 17 the the DET cblr-1765 553 18 recognition recognition NOUN cblr-1765 553 19 proceeding proceeding NOUN cblr-1765 553 20 — — PUNCT cblr-1765 553 21 do do VERB cblr-1765 553 22 nothing nothing PRON cblr-1765 553 23 to to PART cblr-1765 553 24 increase increase VERB cblr-1765 553 25 the the DET cblr-1765 553 26 ascertainability ascertainability NOUN cblr-1765 553 27 of of ADP cblr-1765 553 28 comi comi NOUN cblr-1765 553 29 throughout throughout ADP cblr-1765 553 30 the the DET cblr-1765 553 31 life life NOUN cblr-1765 553 32 of of ADP cblr-1765 553 33 the the DET cblr-1765 553 34 debtor debtor NOUN cblr-1765 553 35 company company NOUN cblr-1765 553 36 . . PUNCT cblr-1765 554 1 not not PART cblr-1765 554 2 only only ADV cblr-1765 554 3 will will AUX cblr-1765 554 4 creditors creditor NOUN cblr-1765 554 5 have have VERB cblr-1765 554 6 to to PART cblr-1765 554 7 wait wait VERB cblr-1765 554 8 until until ADP cblr-1765 554 9 a a DET cblr-1765 554 10 debtor debtor NOUN cblr-1765 554 11 ’s ’s PART cblr-1765 554 12 liquidation liquidation NOUN cblr-1765 554 13 activities activity NOUN cblr-1765 554 14 before before ADP cblr-1765 554 15 ascertaining ascertain VERB cblr-1765 554 16 whether whether SCONJ cblr-1765 554 17 a a DET cblr-1765 554 18 foreign foreign ADJ cblr-1765 554 19 proceeding proceeding NOUN cblr-1765 554 20 will will AUX cblr-1765 554 21 ultimately ultimately ADV cblr-1765 554 22 be be AUX cblr-1765 554 23 recognized recognize VERB cblr-1765 554 24 — — PUNCT cblr-1765 554 25 they they PRON cblr-1765 554 26 would would AUX cblr-1765 554 27 also also ADV cblr-1765 554 28 need need VERB cblr-1765 554 29 to to PART cblr-1765 554 30 acquire acquire VERB cblr-1765 554 31 sufficient sufficient ADJ cblr-1765 554 32 information information NOUN cblr-1765 554 33 to to PART cblr-1765 554 34 determine determine VERB cblr-1765 554 35 whether whether SCONJ cblr-1765 554 36 these these DET cblr-1765 554 37 activities activity NOUN cblr-1765 554 38 improperly improperly ADV cblr-1765 554 39 manipulated manipulate VERB cblr-1765 554 40 comi comi NOUN cblr-1765 554 41 . . PUNCT cblr-1765 555 1 finally finally ADV cblr-1765 555 2 , , PUNCT cblr-1765 555 3 manipulation manipulation NOUN cblr-1765 555 4 tests test NOUN cblr-1765 555 5 do do AUX cblr-1765 555 6 not not PART cblr-1765 555 7 solve solve VERB cblr-1765 555 8 the the DET cblr-1765 555 9 inefficiency inefficiency NOUN cblr-1765 555 10 problem problem NOUN cblr-1765 555 11 of of ADP cblr-1765 555 12 determining determine VERB cblr-1765 555 13 the the DET cblr-1765 555 14 validity validity NOUN cblr-1765 555 15 of of ADP cblr-1765 555 16 foreign foreign ADJ cblr-1765 555 17 proceedings proceeding NOUN cblr-1765 555 18 well well ADV cblr-1765 555 19 after after SCONJ cblr-1765 555 20 they they PRON cblr-1765 555 21 have have AUX cblr-1765 555 22 commenced commence VERB cblr-1765 555 23 . . PUNCT cblr-1765 556 1 if if SCONJ cblr-1765 556 2 a a DET cblr-1765 556 3 party party NOUN cblr-1765 556 4 is be AUX cblr-1765 556 5 found find VERB cblr-1765 556 6 to to PART cblr-1765 556 7 have have AUX cblr-1765 556 8 manipulated manipulate VERB cblr-1765 556 9 its its PRON cblr-1765 556 10 comi comi NOUN cblr-1765 556 11 , , PUNCT cblr-1765 556 12 the the DET cblr-1765 556 13 proceedings proceeding NOUN cblr-1765 556 14 will will AUX cblr-1765 556 15 not not PART cblr-1765 556 16 be be AUX cblr-1765 556 17 recognized recognize VERB cblr-1765 556 18 , , PUNCT cblr-1765 556 19 and and CCONJ cblr-1765 556 20 the the DET cblr-1765 556 21 debtors debtor NOUN cblr-1765 556 22 may may AUX cblr-1765 556 23 need need VERB cblr-1765 556 24 to to PART cblr-1765 556 25 launch launch VERB cblr-1765 556 26 costly costly ADJ cblr-1765 556 27 duplicative duplicative ADJ cblr-1765 556 28 proceedings proceeding NOUN cblr-1765 556 29 in in ADP cblr-1765 556 30 the the DET cblr-1765 556 31 proper proper ADJ cblr-1765 556 32 jurisdiction jurisdiction NOUN cblr-1765 556 33 . . PUNCT cblr-1765 557 1 c. c. NOUN cblr-1765 557 2 solution solution NOUN cblr-1765 557 3 two two NUM cblr-1765 557 4 : : PUNCT cblr-1765 557 5 comi comi NOUN cblr-1765 557 6 selection selection NOUN cblr-1765 557 7 clauses clause NOUN cblr-1765 557 8 given give VERB cblr-1765 557 9 the the DET cblr-1765 557 10 shortcomings shortcoming NOUN cblr-1765 557 11 of of ADP cblr-1765 557 12 manipulation manipulation NOUN cblr-1765 557 13 tests test NOUN cblr-1765 557 14 , , PUNCT cblr-1765 557 15 it it PRON cblr-1765 557 16 may may AUX cblr-1765 557 17 be be AUX cblr-1765 557 18 more more ADV cblr-1765 557 19 productive productive ADJ cblr-1765 557 20 to to PART cblr-1765 557 21 take take VERB cblr-1765 557 22 a a DET cblr-1765 557 23 disparate disparate ADJ cblr-1765 557 24 approach approach NOUN cblr-1765 557 25 to to ADP cblr-1765 557 26 managing manage VERB cblr-1765 557 27 the the DET cblr-1765 557 28 problems problem NOUN cblr-1765 557 29 created create VERB cblr-1765 557 30 by by ADP cblr-1765 557 31 in in ADP cblr-1765 557 32 re re PROPN cblr-1765 557 33 fairfield fairfield PROPN cblr-1765 557 34 sentry sentry PROPN cblr-1765 557 35 : : PUNCT cblr-1765 557 36 rather rather ADV cblr-1765 557 37 than than ADP cblr-1765 557 38 directly directly ADV cblr-1765 557 39 confronting confront VERB cblr-1765 557 40 them they PRON cblr-1765 557 41 , , PUNCT cblr-1765 557 42 manage manage VERB cblr-1765 557 43 them they PRON cblr-1765 557 44 . . PUNCT cblr-1765 558 1 in in ADP cblr-1765 558 2 this this DET cblr-1765 558 3 vein vein NOUN cblr-1765 558 4 , , PUNCT cblr-1765 558 5 one one NUM cblr-1765 558 6 potent potent ADJ cblr-1765 558 7 solution solution NOUN cblr-1765 558 8 to to ADP cblr-1765 558 9 the the DET cblr-1765 558 10 problems problem NOUN cblr-1765 558 11 created create VERB cblr-1765 558 12 by by ADP cblr-1765 558 13 in in ADP cblr-1765 558 14 re re PROPN cblr-1765 558 15 fairfield fairfield PROPN cblr-1765 558 16 129 129 NUM cblr-1765 558 17 see see VERB cblr-1765 558 18 h.r h.r PROPN cblr-1765 558 19 . . PROPN cblr-1765 558 20 rep rep PROPN cblr-1765 558 21 . . PROPN cblr-1765 559 1 no no PROPN cblr-1765 559 2 . . NOUN cblr-1765 560 1 109 109 NUM cblr-1765 560 2 - - SYM cblr-1765 560 3 31 31 NUM cblr-1765 560 4 , , PUNCT cblr-1765 560 5 pt pt X cblr-1765 560 6 . . PROPN cblr-1765 560 7 1 1 NUM cblr-1765 560 8 , , PUNCT cblr-1765 560 9 at at ADP cblr-1765 560 10 112–13 112–13 NUM cblr-1765 560 11 ( ( PUNCT cblr-1765 560 12 2005 2005 NUM cblr-1765 560 13 ) ) PUNCT cblr-1765 560 14 ( ( PUNCT cblr-1765 560 15 emphasizing emphasize VERB cblr-1765 560 16 that that SCONJ cblr-1765 560 17 despite despite SCONJ cblr-1765 560 18 the the DET cblr-1765 560 19 § § PROPN cblr-1765 560 20 1516 1516 NUM cblr-1765 560 21 presumption presumption NOUN cblr-1765 560 22 that that SCONJ cblr-1765 560 23 the the DET cblr-1765 560 24 location location NOUN cblr-1765 560 25 of of ADP cblr-1765 560 26 the the DET cblr-1765 560 27 debtor debtor NOUN cblr-1765 560 28 ’s ’s PART cblr-1765 560 29 registered register VERB cblr-1765 560 30 office office NOUN cblr-1765 560 31 is be AUX cblr-1765 560 32 the the DET cblr-1765 560 33 location location NOUN cblr-1765 560 34 of of ADP cblr-1765 560 35 its its PRON cblr-1765 560 36 comi comi NOUN cblr-1765 560 37 , , PUNCT cblr-1765 560 38 the the DET cblr-1765 560 39 burden burden NOUN cblr-1765 560 40 remained remain VERB cblr-1765 560 41 on on ADP cblr-1765 560 42 the the DET cblr-1765 560 43 debtor debtor NOUN cblr-1765 560 44 ’s ’s PART cblr-1765 560 45 foreign foreign ADJ cblr-1765 560 46 representative representative NOUN cblr-1765 560 47 to to PART cblr-1765 560 48 prove prove VERB cblr-1765 560 49 the the DET cblr-1765 560 50 location location NOUN cblr-1765 560 51 of of ADP cblr-1765 560 52 its its PRON cblr-1765 560 53 comi comi NOUN cblr-1765 560 54 ) ) PUNCT cblr-1765 560 55 . . PUNCT cblr-1765 561 1 hallock hallock PROPN cblr-1765 561 2 – – PUNCT cblr-1765 561 3 final final ADJ cblr-1765 561 4 1112 1112 NUM cblr-1765 561 5 columbia columbia PROPN cblr-1765 561 6 business business NOUN cblr-1765 561 7 law law PROPN cblr-1765 561 8 review review NOUN cblr-1765 561 9 [ [ X cblr-1765 561 10 vol vol NOUN cblr-1765 561 11 . . NOUN cblr-1765 561 12 2015 2015 NUM cblr-1765 561 13 sentry sentry NOUN cblr-1765 561 14 is be AUX cblr-1765 561 15 requiring require VERB cblr-1765 561 16 — — PUNCT cblr-1765 561 17 or or CCONJ cblr-1765 561 18 at at ADP cblr-1765 561 19 least least ADJ cblr-1765 561 20 allowing allow VERB cblr-1765 561 21 — — PUNCT cblr-1765 561 22 companies company NOUN cblr-1765 561 23 to to PART cblr-1765 561 24 adopt adopt VERB cblr-1765 561 25 “ " PUNCT cblr-1765 561 26 comi comi NOUN cblr-1765 561 27 selection selection NOUN cblr-1765 561 28 clauses clause NOUN cblr-1765 561 29 ” " PUNCT cblr-1765 561 30 in in ADP cblr-1765 561 31 their their PRON cblr-1765 561 32 charters charter NOUN cblr-1765 561 33 or or CCONJ cblr-1765 561 34 agreements agreement NOUN cblr-1765 561 35 with with ADP cblr-1765 561 36 creditors creditor NOUN cblr-1765 561 37 . . PUNCT cblr-1765 562 1 under under ADP cblr-1765 562 2 such such DET cblr-1765 562 3 a a DET cblr-1765 562 4 regime regime NOUN cblr-1765 562 5 , , PUNCT cblr-1765 562 6 companies company NOUN cblr-1765 562 7 would would AUX cblr-1765 562 8 explicitly explicitly ADV cblr-1765 562 9 designate designate VERB cblr-1765 562 10 in in ADP cblr-1765 562 11 their their PRON cblr-1765 562 12 documents document NOUN cblr-1765 562 13 the the DET cblr-1765 562 14 location location NOUN cblr-1765 562 15 of of ADP cblr-1765 562 16 their their PRON cblr-1765 562 17 comi comi NOUN cblr-1765 562 18 — — PUNCT cblr-1765 562 19 for for ADP cblr-1765 562 20 chapter chapter NOUN cblr-1765 562 21 15 15 NUM cblr-1765 562 22 purposes purpose NOUN cblr-1765 562 23 , , PUNCT cblr-1765 562 24 the the DET cblr-1765 562 25 potential potential ADJ cblr-1765 562 26 debtor debtor NOUN cblr-1765 562 27 acknowledges acknowledge VERB cblr-1765 562 28 that that SCONJ cblr-1765 562 29 u.s u.s PROPN cblr-1765 562 30 . . PROPN cblr-1765 562 31 courts court NOUN cblr-1765 562 32 should should AUX cblr-1765 562 33 only only ADV cblr-1765 562 34 recognize recognize VERB cblr-1765 562 35 a a DET cblr-1765 562 36 foreign foreign ADJ cblr-1765 562 37 proceeding proceeding NOUN cblr-1765 562 38 launched launch VERB cblr-1765 562 39 in in ADP cblr-1765 562 40 that that DET cblr-1765 562 41 jurisdiction jurisdiction NOUN cblr-1765 562 42 . . PUNCT cblr-1765 563 1 in in ADP cblr-1765 563 2 this this DET cblr-1765 563 3 manner manner NOUN cblr-1765 563 4 , , PUNCT cblr-1765 563 5 comi comi NOUN cblr-1765 563 6 selection selection NOUN cblr-1765 563 7 clauses clause NOUN cblr-1765 563 8 are be AUX cblr-1765 563 9 somewhat somewhat ADV cblr-1765 563 10 reminiscent reminiscent ADJ cblr-1765 563 11 of of ADP cblr-1765 563 12 forum forum NOUN cblr-1765 563 13 selection selection NOUN cblr-1765 563 14 clauses clause NOUN cblr-1765 563 15 in in ADP cblr-1765 563 16 the the DET cblr-1765 563 17 united united PROPN cblr-1765 563 18 states.130 states.130 PROPN cblr-1765 563 19 however however ADV cblr-1765 563 20 , , PUNCT cblr-1765 563 21 while while SCONJ cblr-1765 563 22 forum forum NOUN cblr-1765 563 23 selection selection NOUN cblr-1765 563 24 clauses clause NOUN cblr-1765 563 25 designate designate VERB cblr-1765 563 26 the the DET cblr-1765 563 27 jurisdiction jurisdiction NOUN cblr-1765 563 28 where where SCONJ cblr-1765 563 29 plaintiffs plaintiff NOUN cblr-1765 563 30 must must AUX cblr-1765 563 31 bring bring VERB cblr-1765 563 32 claims claim NOUN cblr-1765 563 33 against against ADP cblr-1765 563 34 a a DET cblr-1765 563 35 company company NOUN cblr-1765 563 36 , , PUNCT cblr-1765 563 37 comi comi NOUN cblr-1765 563 38 selection selection NOUN cblr-1765 563 39 clauses clause NOUN cblr-1765 563 40 would would AUX cblr-1765 563 41 bind bind VERB cblr-1765 563 42 both both DET cblr-1765 563 43 the the DET cblr-1765 563 44 debtor debtor NOUN cblr-1765 563 45 and and CCONJ cblr-1765 563 46 its its PRON cblr-1765 563 47 creditors creditor NOUN cblr-1765 563 48 to to ADP cblr-1765 563 49 launching launch VERB cblr-1765 563 50 foreign foreign ADJ cblr-1765 563 51 insolvency insolvency NOUN cblr-1765 563 52 proceedings proceeding NOUN cblr-1765 563 53 in in ADP cblr-1765 563 54 the the DET cblr-1765 563 55 specified specified ADJ cblr-1765 563 56 country country NOUN cblr-1765 563 57 . . PUNCT cblr-1765 564 1 the the DET cblr-1765 564 2 foremost foremost ADJ cblr-1765 564 3 benefit benefit NOUN cblr-1765 564 4 of of ADP cblr-1765 564 5 comi comi NOUN cblr-1765 564 6 selection selection NOUN cblr-1765 564 7 clauses clause NOUN cblr-1765 564 8 is be AUX cblr-1765 564 9 rendering render VERB cblr-1765 564 10 comi comi NOUN cblr-1765 564 11 ascertainable ascertainable ADJ cblr-1765 564 12 to to ADP cblr-1765 564 13 third third ADJ cblr-1765 564 14 parties party NOUN cblr-1765 564 15 at at ADP cblr-1765 564 16 all all DET cblr-1765 564 17 times time NOUN cblr-1765 564 18 throughout throughout ADP cblr-1765 564 19 a a DET cblr-1765 564 20 company company NOUN cblr-1765 564 21 ’s ’s PART cblr-1765 564 22 life life NOUN cblr-1765 564 23 . . PUNCT cblr-1765 565 1 by by ADP cblr-1765 565 2 forcing force VERB cblr-1765 565 3 companies company NOUN cblr-1765 565 4 to to PART cblr-1765 565 5 explicitly explicitly ADV cblr-1765 565 6 state state VERB cblr-1765 565 7 their their PRON cblr-1765 565 8 comi comi NOUN cblr-1765 565 9 in in ADP cblr-1765 565 10 their their PRON cblr-1765 565 11 charters charter NOUN cblr-1765 565 12 or or CCONJ cblr-1765 565 13 agreements agreement NOUN cblr-1765 565 14 with with ADP cblr-1765 565 15 third third ADJ cblr-1765 565 16 parties party NOUN cblr-1765 565 17 , , PUNCT cblr-1765 565 18 potential potential ADJ cblr-1765 565 19 creditors creditor NOUN cblr-1765 565 20 will will AUX cblr-1765 565 21 always always ADV cblr-1765 565 22 know know VERB cblr-1765 565 23 where where SCONJ cblr-1765 565 24 the the DET cblr-1765 565 25 debtor debtor NOUN cblr-1765 565 26 must must AUX cblr-1765 565 27 commence commence VERB cblr-1765 565 28 foreign foreign ADJ cblr-1765 565 29 insolvency insolvency NOUN cblr-1765 565 30 proceedings proceeding NOUN cblr-1765 565 31 to to PART cblr-1765 565 32 gain gain VERB cblr-1765 565 33 recognition recognition NOUN cblr-1765 565 34 by by ADP cblr-1765 565 35 u.s u.s PROPN cblr-1765 565 36 . . PROPN cblr-1765 565 37 courts court NOUN cblr-1765 565 38 . . PUNCT cblr-1765 566 1 thus thus ADV cblr-1765 566 2 , , PUNCT cblr-1765 566 3 third third ADJ cblr-1765 566 4 parties party NOUN cblr-1765 566 5 will will AUX cblr-1765 566 6 be be AUX cblr-1765 566 7 able able ADJ cblr-1765 566 8 to to PART cblr-1765 566 9 ascertain ascertain VERB cblr-1765 566 10 their their PRON cblr-1765 566 11 rights right NOUN cblr-1765 566 12 in in ADP cblr-1765 566 13 a a DET cblr-1765 566 14 potential potential ADJ cblr-1765 566 15 future future ADJ cblr-1765 566 16 insolvency insolvency NOUN cblr-1765 566 17 and and CCONJ cblr-1765 566 18 incorporate incorporate VERB cblr-1765 566 19 this this DET cblr-1765 566 20 knowledge knowledge NOUN cblr-1765 566 21 into into ADP cblr-1765 566 22 their their PRON cblr-1765 566 23 interactions interaction NOUN cblr-1765 566 24 with with ADP cblr-1765 566 25 the the DET cblr-1765 566 26 debtor debtor NOUN cblr-1765 566 27 . . PUNCT cblr-1765 567 1 furthermore furthermore ADV cblr-1765 567 2 , , PUNCT cblr-1765 567 3 comi comi NOUN cblr-1765 567 4 selection selection NOUN cblr-1765 567 5 clauses clause NOUN cblr-1765 567 6 neutralize neutralize VERB cblr-1765 567 7 the the DET cblr-1765 567 8 necessity necessity NOUN cblr-1765 567 9 of of ADP cblr-1765 567 10 determining determine VERB cblr-1765 567 11 proper proper ADJ cblr-1765 567 12 jurisdiction jurisdiction NOUN cblr-1765 567 13 after after SCONJ cblr-1765 567 14 the the DET cblr-1765 567 15 foreign foreign ADJ cblr-1765 567 16 proceeding proceeding NOUN cblr-1765 567 17 has have AUX cblr-1765 567 18 already already ADV cblr-1765 567 19 progressed progress VERB cblr-1765 567 20 . . PUNCT cblr-1765 568 1 under under ADP cblr-1765 568 2 chapter chapter NOUN cblr-1765 568 3 15 15 NUM cblr-1765 568 4 , , PUNCT cblr-1765 568 5 recognition recognition NOUN cblr-1765 568 6 proceedings proceeding NOUN cblr-1765 568 7 often often ADV cblr-1765 568 8 occur occur VERB cblr-1765 568 9 many many ADJ cblr-1765 568 10 years year NOUN cblr-1765 568 11 after after SCONJ cblr-1765 568 12 a a DET cblr-1765 568 13 foreign foreign ADJ cblr-1765 568 14 proceeding proceeding NOUN cblr-1765 568 15 has have VERB cblr-1765 568 16 commenced.131 commenced.131 NOUN cblr-1765 568 17 accordingly accordingly ADV cblr-1765 568 18 , , PUNCT cblr-1765 568 19 if if SCONJ cblr-1765 568 20 the the DET cblr-1765 568 21 petition petition NOUN cblr-1765 568 22 is be AUX cblr-1765 568 23 denied deny VERB cblr-1765 568 24 , , PUNCT cblr-1765 568 25 the the DET cblr-1765 568 26 debtor debtor NOUN cblr-1765 568 27 will will AUX cblr-1765 568 28 need need VERB cblr-1765 568 29 to to PART cblr-1765 568 30 commence commence VERB cblr-1765 568 31 130 130 NUM cblr-1765 568 32 for for ADP cblr-1765 568 33 the the DET cblr-1765 568 34 most most ADV cblr-1765 568 35 prominent prominent ADJ cblr-1765 568 36 case case NOUN cblr-1765 568 37 upholding uphold VERB cblr-1765 568 38 the the DET cblr-1765 568 39 validity validity NOUN cblr-1765 568 40 of of ADP cblr-1765 568 41 forum forum NOUN cblr-1765 568 42 selection selection NOUN cblr-1765 568 43 clauses clause NOUN cblr-1765 568 44 , , PUNCT cblr-1765 568 45 see see VERB cblr-1765 568 46 carnival carnival NOUN cblr-1765 568 47 cruise cruise NOUN cblr-1765 568 48 lines line NOUN cblr-1765 568 49 , , PUNCT cblr-1765 568 50 inc inc PROPN cblr-1765 568 51 . . PROPN cblr-1765 569 1 v. v. PROPN cblr-1765 569 2 shute shute PROPN cblr-1765 569 3 , , PUNCT cblr-1765 569 4 499 499 NUM cblr-1765 569 5 u.s u.s PROPN cblr-1765 569 6 . . PROPN cblr-1765 569 7 585 585 NUM cblr-1765 569 8 ( ( PUNCT cblr-1765 569 9 1991 1991 NUM cblr-1765 569 10 ) ) PUNCT cblr-1765 569 11 . . PUNCT cblr-1765 570 1 131 131 NUM cblr-1765 570 2 see see VERB cblr-1765 570 3 in in ADP cblr-1765 570 4 re re NOUN cblr-1765 570 5 millennium millennium NOUN cblr-1765 570 6 global global ADJ cblr-1765 570 7 emerging emerge VERB cblr-1765 570 8 credit credit NOUN cblr-1765 570 9 master master PROPN cblr-1765 570 10 fund fund PROPN cblr-1765 570 11 ltd ltd PROPN cblr-1765 570 12 . . PROPN cblr-1765 570 13 , , PUNCT cblr-1765 570 14 458 458 PROPN cblr-1765 570 15 b.r b.r PROPN cblr-1765 570 16 . . PROPN cblr-1765 570 17 63 63 NUM cblr-1765 570 18 , , PUNCT cblr-1765 570 19 69 69 NUM cblr-1765 570 20 ( ( PUNCT cblr-1765 570 21 bankr bankr PROPN cblr-1765 570 22 . . PUNCT cblr-1765 571 1 s.d.n.y s.d.n.y PROPN cblr-1765 571 2 . . PROPN cblr-1765 571 3 2011 2011 NUM cblr-1765 571 4 ) ) PUNCT cblr-1765 571 5 ( ( PUNCT cblr-1765 571 6 “ " PUNCT cblr-1765 571 7 bcp bcp PROPN cblr-1765 571 8 contends contend VERB cblr-1765 571 9 that that SCONJ cblr-1765 571 10 the the DET cblr-1765 571 11 bermuda bermuda PROPN cblr-1765 571 12 liquidation liquidation NOUN cblr-1765 571 13 proceedings proceeding NOUN cblr-1765 571 14 in in ADP cblr-1765 571 15 question question NOUN cblr-1765 571 16 , , PUNCT cblr-1765 571 17 which which PRON cblr-1765 571 18 have have AUX cblr-1765 571 19 been be AUX cblr-1765 571 20 pending pende VERB cblr-1765 571 21 in in ADP cblr-1765 571 22 bermuda bermuda NOUN cblr-1765 571 23 for for ADP cblr-1765 571 24 more more ADJ cblr-1765 571 25 than than ADP cblr-1765 571 26 three three NUM cblr-1765 571 27 years year NOUN cblr-1765 571 28 . . PUNCT cblr-1765 571 29 . . PUNCT cblr-1765 572 1 . . PUNCT cblr-1765 573 1 and and CCONJ cblr-1765 573 2 which which PRON cblr-1765 573 3 have have AUX cblr-1765 573 4 cost cost VERB cblr-1765 573 5 more more ADJ cblr-1765 573 6 than than ADP cblr-1765 573 7 $ $ SYM cblr-1765 573 8 9 9 NUM cblr-1765 573 9 million million NUM cblr-1765 573 10 in in ADP cblr-1765 573 11 fees fee NOUN cblr-1765 573 12 and and CCONJ cblr-1765 573 13 expenses expense NOUN cblr-1765 573 14 , , PUNCT cblr-1765 573 15 are be AUX cblr-1765 573 16 not not PART cblr-1765 573 17 entitled entitle VERB cblr-1765 573 18 to to ADP cblr-1765 573 19 recognition recognition NOUN cblr-1765 573 20 . . PUNCT cblr-1765 573 21 . . PUNCT cblr-1765 573 22 . . PUNCT cblr-1765 574 1 . . PUNCT cblr-1765 574 2 ” " PUNCT cblr-1765 574 3 ) ) PUNCT cblr-1765 574 4 . . PUNCT cblr-1765 575 1 hallock hallock NOUN cblr-1765 575 2 – – PUNCT cblr-1765 575 3 final final ADJ cblr-1765 575 4 no no NOUN cblr-1765 575 5 . . PUNCT cblr-1765 576 1 3:1074 3:1074 NUM cblr-1765 576 2 ] ] PUNCT cblr-1765 576 3 time time NOUN cblr-1765 576 4 out out ADP cblr-1765 576 5 1113 1113 NUM cblr-1765 576 6 duplicate duplicate ADJ cblr-1765 576 7 proceedings proceeding NOUN cblr-1765 576 8 in in ADP cblr-1765 576 9 the the DET cblr-1765 576 10 appropriate appropriate ADJ cblr-1765 576 11 jurisdiction jurisdiction NOUN cblr-1765 576 12 to to PART cblr-1765 576 13 gain gain VERB cblr-1765 576 14 recognition recognition NOUN cblr-1765 576 15 — — PUNCT cblr-1765 576 16 creating create VERB cblr-1765 576 17 substantial substantial ADJ cblr-1765 576 18 risk risk NOUN cblr-1765 576 19 of of ADP cblr-1765 576 20 inefficiency inefficiency NOUN cblr-1765 576 21 and and CCONJ cblr-1765 576 22 financial financial ADJ cblr-1765 576 23 waste.132 waste.132 NOUN cblr-1765 576 24 in in ADP cblr-1765 576 25 contrast contrast NOUN cblr-1765 576 26 , , PUNCT cblr-1765 576 27 by by ADP cblr-1765 576 28 endorsing endorse VERB cblr-1765 576 29 comi comi NOUN cblr-1765 576 30 selection selection NOUN cblr-1765 576 31 clauses clause NOUN cblr-1765 576 32 , , PUNCT cblr-1765 576 33 the the DET cblr-1765 576 34 jurisdiction jurisdiction NOUN cblr-1765 576 35 question question NOUN cblr-1765 576 36 — — PUNCT cblr-1765 576 37 for for ADP cblr-1765 576 38 recognition recognition NOUN cblr-1765 576 39 purposes purpose NOUN cblr-1765 576 40 — — PUNCT cblr-1765 576 41 would would AUX cblr-1765 576 42 already already ADV cblr-1765 576 43 be be AUX cblr-1765 576 44 decided decide VERB cblr-1765 576 45 before before ADP cblr-1765 576 46 commencing commence VERB cblr-1765 576 47 the the DET cblr-1765 576 48 foreign foreign ADJ cblr-1765 576 49 proceeding.133 proceeding.133 NOUN cblr-1765 576 50 under under ADP cblr-1765 576 51 this this DET cblr-1765 576 52 proposal proposal NOUN cblr-1765 576 53 , , PUNCT cblr-1765 576 54 in in ADP cblr-1765 576 55 contrast contrast NOUN cblr-1765 576 56 to to ADP cblr-1765 576 57 in in ADP cblr-1765 576 58 re re PROPN cblr-1765 576 59 fairfield fairfield PROPN cblr-1765 576 60 sentry sentry PROPN cblr-1765 576 61 , , PUNCT cblr-1765 576 62 interested interested ADJ cblr-1765 576 63 third third ADJ cblr-1765 576 64 parties party NOUN cblr-1765 576 65 would would AUX cblr-1765 576 66 be be AUX cblr-1765 576 67 able able ADJ cblr-1765 576 68 to to PART cblr-1765 576 69 foretell foretell VERB cblr-1765 576 70 the the DET cblr-1765 576 71 outcome outcome NOUN cblr-1765 576 72 of of ADP cblr-1765 576 73 a a DET cblr-1765 576 74 future future ADJ cblr-1765 576 75 chapter chapter NOUN cblr-1765 576 76 15 15 NUM cblr-1765 576 77 filing filing NOUN cblr-1765 576 78 without without ADP cblr-1765 576 79 the the DET cblr-1765 576 80 uncertainty uncertainty NOUN cblr-1765 576 81 of of ADP cblr-1765 576 82 knowing know VERB cblr-1765 576 83 whether whether SCONJ cblr-1765 576 84 liquidation liquidation NOUN cblr-1765 576 85 activities activity NOUN cblr-1765 576 86 might might AUX cblr-1765 576 87 shift shift VERB cblr-1765 576 88 the the DET cblr-1765 576 89 debtor debtor NOUN cblr-1765 576 90 ’s ’s PART cblr-1765 576 91 comi comi NOUN cblr-1765 576 92 . . PUNCT cblr-1765 577 1 in in ADP cblr-1765 577 2 this this DET cblr-1765 577 3 manner manner NOUN cblr-1765 577 4 , , PUNCT cblr-1765 577 5 they they PRON cblr-1765 577 6 will will AUX cblr-1765 577 7 be be AUX cblr-1765 577 8 able able ADJ cblr-1765 577 9 to to PART cblr-1765 577 10 evaluate evaluate VERB cblr-1765 577 11 their their PRON cblr-1765 577 12 rights right NOUN cblr-1765 577 13 and and CCONJ cblr-1765 577 14 definitively definitively ADV cblr-1765 577 15 react react VERB cblr-1765 577 16 to to ADP cblr-1765 577 17 the the DET cblr-1765 577 18 debtor debtor NOUN cblr-1765 577 19 ’s ’s PART cblr-1765 577 20 insolvency insolvency NOUN cblr-1765 577 21 at at ADP cblr-1765 577 22 an an DET cblr-1765 577 23 earlier early ADJ cblr-1765 577 24 date date NOUN cblr-1765 577 25 . . PUNCT cblr-1765 578 1 accordingly accordingly ADV cblr-1765 578 2 , , PUNCT cblr-1765 578 3 implementing implement VERB cblr-1765 578 4 comi comi NOUN cblr-1765 578 5 selection selection NOUN cblr-1765 578 6 clauses clause NOUN cblr-1765 578 7 would would AUX cblr-1765 578 8 both both CCONJ cblr-1765 578 9 improve improve VERB cblr-1765 578 10 efficiency efficiency NOUN cblr-1765 578 11 and and CCONJ cblr-1765 578 12 increase increase VERB cblr-1765 578 13 ascertainment ascertainment NOUN cblr-1765 578 14 by by ADP cblr-1765 578 15 third third ADJ cblr-1765 578 16 parties party NOUN cblr-1765 578 17 . . PUNCT cblr-1765 579 1 at at ADP cblr-1765 579 2 first first ADJ cblr-1765 579 3 glance glance NOUN cblr-1765 579 4 , , PUNCT cblr-1765 579 5 comi comi NOUN cblr-1765 579 6 selection selection NOUN cblr-1765 579 7 clauses clause NOUN cblr-1765 579 8 appear appear VERB cblr-1765 579 9 to to PART cblr-1765 579 10 clash clash VERB cblr-1765 579 11 with with ADP cblr-1765 579 12 the the DET cblr-1765 579 13 in in NOUN cblr-1765 579 14 re re PART cblr-1765 579 15 bear bear VERB cblr-1765 579 16 stearns stearn NOUN cblr-1765 579 17 holding hold VERB cblr-1765 579 18 that that SCONJ cblr-1765 579 19 comi comi NOUN cblr-1765 579 20 determinations determination NOUN cblr-1765 579 21 should should AUX cblr-1765 579 22 not not PART cblr-1765 579 23 be be AUX cblr-1765 579 24 based base VERB cblr-1765 579 25 on on ADP cblr-1765 579 26 mere mere ADJ cblr-1765 579 27 formalities formality NOUN cblr-1765 579 28 such such ADJ cblr-1765 579 29 as as ADP cblr-1765 579 30 the the DET cblr-1765 579 31 location location NOUN cblr-1765 579 32 of of ADP cblr-1765 579 33 a a DET cblr-1765 579 34 debtor debtor NOUN cblr-1765 579 35 ’s ’s PART cblr-1765 579 36 registered register VERB cblr-1765 579 37 office.134 office.134 PROPN cblr-1765 579 38 after after ADV cblr-1765 579 39 all all ADV cblr-1765 579 40 , , PUNCT cblr-1765 579 41 a a DET cblr-1765 579 42 comi comi NOUN cblr-1765 579 43 selection selection NOUN cblr-1765 579 44 clause clause NOUN cblr-1765 579 45 seems seem VERB cblr-1765 579 46 to to PART cblr-1765 579 47 be be AUX cblr-1765 579 48 a a DET cblr-1765 579 49 mere mere ADJ cblr-1765 579 50 formality formality NOUN cblr-1765 579 51 , , PUNCT cblr-1765 579 52 ungrounded ungrounded ADJ cblr-1765 579 53 in in ADP cblr-1765 579 54 any any PRON cblr-1765 579 55 of of ADP cblr-1765 579 56 the the DET cblr-1765 579 57 debtor debtor NOUN cblr-1765 579 58 ’s ’s PART cblr-1765 579 59 actual actual ADJ cblr-1765 579 60 operations operation NOUN cblr-1765 579 61 . . PUNCT cblr-1765 580 1 however however ADV cblr-1765 580 2 , , PUNCT cblr-1765 580 3 this this DET cblr-1765 580 4 critique critique NOUN cblr-1765 580 5 does do AUX cblr-1765 580 6 not not PART cblr-1765 580 7 condemn condemn VERB cblr-1765 580 8 such such ADJ cblr-1765 580 9 clauses clause NOUN cblr-1765 580 10 . . PUNCT cblr-1765 581 1 on on ADP cblr-1765 581 2 one one NUM cblr-1765 581 3 hand hand NOUN cblr-1765 581 4 , , PUNCT cblr-1765 581 5 as as SCONJ cblr-1765 581 6 previously previously ADV cblr-1765 581 7 mentioned mention VERB cblr-1765 581 8 , , PUNCT cblr-1765 581 9 in in ADP cblr-1765 581 10 re re PRON cblr-1765 581 11 fairfield fairfield PROPN cblr-1765 581 12 sentry sentry PROPN cblr-1765 581 13 has have AUX cblr-1765 581 14 already already ADV cblr-1765 581 15 created create VERB cblr-1765 581 16 a a DET cblr-1765 581 17 loophole loophole NOUN cblr-1765 581 18 largely largely ADV cblr-1765 581 19 obliterating obliterate VERB cblr-1765 581 20 the the DET cblr-1765 581 21 significance significance NOUN cblr-1765 581 22 of of ADP cblr-1765 581 23 in in ADP cblr-1765 581 24 re re X cblr-1765 581 25 bear bear PROPN cblr-1765 581 26 stearns stearns PROPN cblr-1765 581 27 , , PUNCT cblr-1765 581 28 suggesting suggest VERB cblr-1765 581 29 that that SCONJ cblr-1765 581 30 — — PUNCT cblr-1765 581 31 even even ADV cblr-1765 581 32 if if SCONJ cblr-1765 581 33 comi comi NOUN cblr-1765 581 34 selection selection NOUN cblr-1765 581 35 clauses clause NOUN cblr-1765 581 36 do do VERB cblr-1765 581 37 conflict conflict NOUN cblr-1765 581 38 with with ADP cblr-1765 581 39 the the DET cblr-1765 581 40 decision decision NOUN cblr-1765 581 41 — — PUNCT cblr-1765 581 42 the the DET cblr-1765 581 43 132 132 NUM cblr-1765 581 44 i i NOUN cblr-1765 581 45 d. d. PROPN cblr-1765 581 46 see see VERB cblr-1765 581 47 also also ADV cblr-1765 581 48 reid reid PROPN cblr-1765 581 49 & & CCONJ cblr-1765 581 50 swick swick PROPN cblr-1765 581 51 , , PUNCT cblr-1765 581 52 supra supra PROPN cblr-1765 581 53 note note PROPN cblr-1765 581 54 7 7 NUM cblr-1765 581 55 , , PUNCT cblr-1765 581 56 at at ADP cblr-1765 581 57 91 91 NUM cblr-1765 581 58 ( ( PUNCT cblr-1765 581 59 “ " PUNCT cblr-1765 581 60 [ [ X cblr-1765 581 61 f]ailing f]aile VERB cblr-1765 581 62 to to PART cblr-1765 581 63 recognize recognize VERB cblr-1765 581 64 an an DET cblr-1765 581 65 established establish VERB cblr-1765 581 66 foreign foreign ADJ cblr-1765 581 67 proceeding proceeding NOUN cblr-1765 581 68 would would AUX cblr-1765 581 69 deny deny VERB cblr-1765 581 70 that that SCONJ cblr-1765 581 71 proceeding proceeding NOUN cblr-1765 581 72 access access NOUN cblr-1765 581 73 to to ADP cblr-1765 581 74 u.s u.s PROPN cblr-1765 581 75 . . PROPN cblr-1765 581 76 courts court NOUN cblr-1765 581 77 and and CCONJ cblr-1765 581 78 could could AUX cblr-1765 581 79 compel compel VERB cblr-1765 581 80 a a DET cblr-1765 581 81 foreign foreign ADJ cblr-1765 581 82 liquidator liquidator NOUN cblr-1765 581 83 to to PART cblr-1765 581 84 file file VERB cblr-1765 581 85 a a DET cblr-1765 581 86 brand brand NOUN cblr-1765 581 87 new new ADJ cblr-1765 581 88 proceeding proceeding NOUN cblr-1765 581 89 in in ADP cblr-1765 581 90 another another DET cblr-1765 581 91 jurisdiction jurisdiction NOUN cblr-1765 581 92 to to PART cblr-1765 581 93 possibly possibly ADV cblr-1765 581 94 obtain obtain VERB cblr-1765 581 95 recognition recognition NOUN cblr-1765 581 96 in in ADP cblr-1765 581 97 the the DET cblr-1765 581 98 future future NOUN cblr-1765 581 99 , , PUNCT cblr-1765 581 100 likely likely ADV cblr-1765 581 101 costing cost VERB cblr-1765 581 102 creditors creditor NOUN cblr-1765 581 103 millions million NOUN cblr-1765 581 104 of of ADP cblr-1765 581 105 dollars dollar NOUN cblr-1765 581 106 . . PUNCT cblr-1765 581 107 ” " PUNCT cblr-1765 581 108 ) ) PUNCT cblr-1765 581 109 . . PUNCT cblr-1765 582 1 133 133 NUM cblr-1765 582 2 this this PRON cblr-1765 582 3 is be AUX cblr-1765 582 4 also also ADV cblr-1765 582 5 desirable desirable ADJ cblr-1765 582 6 from from ADP cblr-1765 582 7 the the DET cblr-1765 582 8 standpoint standpoint NOUN cblr-1765 582 9 of of ADP cblr-1765 582 10 cooperation cooperation NOUN cblr-1765 582 11 since since SCONJ cblr-1765 582 12 there there PRON cblr-1765 582 13 should should AUX cblr-1765 582 14 be be AUX cblr-1765 582 15 fewer few ADJ cblr-1765 582 16 instances instance NOUN cblr-1765 582 17 of of ADP cblr-1765 582 18 declining decline VERB cblr-1765 582 19 recognition recognition NOUN cblr-1765 582 20 as as ADV cblr-1765 582 21 long long ADV cblr-1765 582 22 as as SCONJ cblr-1765 582 23 parties party NOUN cblr-1765 582 24 commence commence VERB cblr-1765 582 25 proceedings proceeding NOUN cblr-1765 582 26 in in ADP cblr-1765 582 27 jurisdiction jurisdiction NOUN cblr-1765 582 28 specified specify VERB cblr-1765 582 29 in in ADP cblr-1765 582 30 the the DET cblr-1765 582 31 comi comi NOUN cblr-1765 582 32 selection selection NOUN cblr-1765 582 33 clause clause NOUN cblr-1765 582 34 . . PUNCT cblr-1765 583 1 of of ADP cblr-1765 583 2 course course NOUN cblr-1765 583 3 , , PUNCT cblr-1765 583 4 there there PRON cblr-1765 583 5 is be VERB cblr-1765 583 6 a a DET cblr-1765 583 7 risk risk NOUN cblr-1765 583 8 that that SCONJ cblr-1765 583 9 a a DET cblr-1765 583 10 proceeding proceeding NOUN cblr-1765 583 11 , , PUNCT cblr-1765 583 12 otherwise otherwise ADV cblr-1765 583 13 valid valid ADJ cblr-1765 583 14 under under ADP cblr-1765 583 15 current current ADJ cblr-1765 583 16 law law NOUN cblr-1765 583 17 , , PUNCT cblr-1765 583 18 would would AUX cblr-1765 583 19 not not PART cblr-1765 583 20 be be AUX cblr-1765 583 21 recognized recognize VERB cblr-1765 583 22 because because SCONJ cblr-1765 583 23 the the DET cblr-1765 583 24 comi comi NOUN cblr-1765 583 25 selection selection NOUN cblr-1765 583 26 clause clause NOUN cblr-1765 583 27 specifies specify VERB cblr-1765 583 28 a a DET cblr-1765 583 29 different different ADJ cblr-1765 583 30 jurisdiction jurisdiction NOUN cblr-1765 583 31 . . PUNCT cblr-1765 584 1 134 134 NUM cblr-1765 584 2 see see VERB cblr-1765 584 3 in in ADP cblr-1765 584 4 re re PART cblr-1765 584 5 bear bear VERB cblr-1765 584 6 stearns stearns PROPN cblr-1765 584 7 high high ADJ cblr-1765 584 8 - - PUNCT cblr-1765 584 9 grade grade NOUN cblr-1765 584 10 structured structured ADJ cblr-1765 584 11 credit credit NOUN cblr-1765 584 12 strategies strategy NOUN cblr-1765 584 13 master master NOUN cblr-1765 584 14 fund fund PROPN cblr-1765 584 15 , , PUNCT cblr-1765 584 16 ltd ltd PROPN cblr-1765 584 17 . . PROPN cblr-1765 584 18 , , PUNCT cblr-1765 584 19 374 374 NUM cblr-1765 584 20 b.r b.r PROPN cblr-1765 584 21 . . PROPN cblr-1765 584 22 122 122 NUM cblr-1765 584 23 , , PUNCT cblr-1765 584 24 129 129 NUM cblr-1765 584 25 n.8 n.8 X cblr-1765 584 26 ( ( PUNCT cblr-1765 584 27 bankr bankr PROPN cblr-1765 584 28 . . PUNCT cblr-1765 585 1 s.d.n.y s.d.n.y PROPN cblr-1765 585 2 . . PROPN cblr-1765 585 3 2007 2007 NUM cblr-1765 585 4 ) ) PUNCT cblr-1765 585 5 . . PUNCT cblr-1765 586 1 hallock hallock NOUN cblr-1765 586 2 – – PUNCT cblr-1765 586 3 final final ADJ cblr-1765 586 4 1114 1114 NUM cblr-1765 586 5 columbia columbia PROPN cblr-1765 586 6 business business NOUN cblr-1765 586 7 law law PROPN cblr-1765 586 8 review review NOUN cblr-1765 586 9 [ [ X cblr-1765 586 10 vol vol NOUN cblr-1765 586 11 . . NOUN cblr-1765 586 12 2015 2015 NUM cblr-1765 586 13 court court NOUN cblr-1765 586 14 of of ADP cblr-1765 586 15 appeals appeal NOUN cblr-1765 586 16 may may AUX cblr-1765 586 17 be be AUX cblr-1765 586 18 willing willing ADJ cblr-1765 586 19 to to PART cblr-1765 586 20 endorse endorse VERB cblr-1765 586 21 another another DET cblr-1765 586 22 loophole.135 loophole.135 PROPN cblr-1765 586 23 alternatively alternatively ADV cblr-1765 586 24 , , PUNCT cblr-1765 586 25 the the DET cblr-1765 586 26 clauses clause NOUN cblr-1765 586 27 may may AUX cblr-1765 586 28 be be AUX cblr-1765 586 29 viewed view VERB cblr-1765 586 30 as as ADP cblr-1765 586 31 a a DET cblr-1765 586 32 commitment commitment NOUN cblr-1765 586 33 that that SCONJ cblr-1765 586 34 the the DET cblr-1765 586 35 debtor debtor NOUN cblr-1765 586 36 will will AUX cblr-1765 586 37 lodge lodge VERB cblr-1765 586 38 its its PRON cblr-1765 586 39 comi comi NOUN cblr-1765 586 40 in in ADP cblr-1765 586 41 the the DET cblr-1765 586 42 specified specified ADJ cblr-1765 586 43 jurisdiction jurisdiction NOUN cblr-1765 586 44 at at ADP cblr-1765 586 45 the the DET cblr-1765 586 46 time time NOUN cblr-1765 586 47 of of ADP cblr-1765 586 48 its its PRON cblr-1765 586 49 insolvency insolvency NOUN cblr-1765 586 50 — — PUNCT cblr-1765 586 51 in in ADP cblr-1765 586 52 a a DET cblr-1765 586 53 sense sense NOUN cblr-1765 586 54 fitting fit VERB cblr-1765 586 55 under under ADP cblr-1765 586 56 the the DET cblr-1765 586 57 in in NOUN cblr-1765 586 58 re re ADJ cblr-1765 586 59 fairfield fairfield PROPN cblr-1765 586 60 sentry sentry NOUN cblr-1765 586 61 umbrella umbrella NOUN cblr-1765 586 62 and and CCONJ cblr-1765 586 63 not not PART cblr-1765 586 64 necessitating necessitate VERB cblr-1765 586 65 an an DET cblr-1765 586 66 additional additional ADJ cblr-1765 586 67 loophole loophole NOUN cblr-1765 586 68 to to PART cblr-1765 586 69 in in ADP cblr-1765 586 70 re re NOUN cblr-1765 586 71 bear bear PROPN cblr-1765 586 72 stearns stearns PROPN cblr-1765 586 73 . . PUNCT cblr-1765 587 1 under under ADP cblr-1765 587 2 in in ADP cblr-1765 587 3 re re PROPN cblr-1765 587 4 fairfield fairfield PROPN cblr-1765 587 5 sentry sentry PROPN cblr-1765 587 6 , , PUNCT cblr-1765 587 7 a a DET cblr-1765 587 8 debtor debtor NOUN cblr-1765 587 9 ’s ’s PART cblr-1765 587 10 liquidation liquidation NOUN cblr-1765 587 11 activities activity NOUN cblr-1765 587 12 can can AUX cblr-1765 587 13 lodge lodge VERB cblr-1765 587 14 comi comi NOUN cblr-1765 587 15 in in ADP cblr-1765 587 16 the the DET cblr-1765 587 17 country country NOUN cblr-1765 587 18 of of ADP cblr-1765 587 19 the the DET cblr-1765 587 20 foreign foreign ADJ cblr-1765 587 21 jurisdiction jurisdiction NOUN cblr-1765 587 22 despite despite SCONJ cblr-1765 587 23 the the DET cblr-1765 587 24 absence absence NOUN cblr-1765 587 25 of of ADP cblr-1765 587 26 any any DET cblr-1765 587 27 prior prior ADJ cblr-1765 587 28 operations operation NOUN cblr-1765 587 29 . . PUNCT cblr-1765 588 1 in in ADP cblr-1765 588 2 other other ADJ cblr-1765 588 3 words word NOUN cblr-1765 588 4 , , PUNCT cblr-1765 588 5 without without ADP cblr-1765 588 6 the the DET cblr-1765 588 7 comi comi NOUN cblr-1765 588 8 selection selection NOUN cblr-1765 588 9 clause clause NOUN cblr-1765 588 10 , , PUNCT cblr-1765 588 11 the the DET cblr-1765 588 12 debtor debtor NOUN cblr-1765 588 13 could could AUX cblr-1765 588 14 lodge lodge VERB cblr-1765 588 15 its its PRON cblr-1765 588 16 comi comi NOUN cblr-1765 588 17 in in ADP cblr-1765 588 18 the the DET cblr-1765 588 19 location location NOUN cblr-1765 588 20 of of ADP cblr-1765 588 21 the the DET cblr-1765 588 22 foreign foreign ADJ cblr-1765 588 23 proceeding proceeding NOUN cblr-1765 588 24 merely merely ADV cblr-1765 588 25 through through ADP cblr-1765 588 26 its its PRON cblr-1765 588 27 liquidation liquidation NOUN cblr-1765 588 28 activities activity NOUN cblr-1765 588 29 . . PUNCT cblr-1765 589 1 in in ADP cblr-1765 589 2 this this DET cblr-1765 589 3 sense sense NOUN cblr-1765 589 4 , , PUNCT cblr-1765 589 5 the the DET cblr-1765 589 6 clause clause NOUN cblr-1765 589 7 merely merely ADV cblr-1765 589 8 expedites expedite VERB cblr-1765 589 9 the the DET cblr-1765 589 10 inevitable inevitable ADJ cblr-1765 589 11 , , PUNCT cblr-1765 589 12 eliminating eliminate VERB cblr-1765 589 13 the the DET cblr-1765 589 14 often often ADV cblr-1765 589 15 multiyear multiyear ADJ cblr-1765 589 16 charade charade NOUN cblr-1765 589 17 of of ADP cblr-1765 589 18 lodging lodge VERB cblr-1765 589 19 comi comi NOUN cblr-1765 589 20 in in ADP cblr-1765 589 21 the the DET cblr-1765 589 22 new new ADJ cblr-1765 589 23 jurisdiction.136 jurisdiction.136 PROPN cblr-1765 589 24 accordingly accordingly ADV cblr-1765 589 25 , , PUNCT cblr-1765 589 26 comi comi NOUN cblr-1765 589 27 selection selection NOUN cblr-1765 589 28 clauses clause NOUN cblr-1765 589 29 are be AUX cblr-1765 589 30 temporally temporally ADV cblr-1765 589 31 efficient efficient ADJ cblr-1765 589 32 and and CCONJ cblr-1765 589 33 are be AUX cblr-1765 589 34 grounded ground VERB cblr-1765 589 35 in in ADP cblr-1765 589 36 substantive substantive ADJ cblr-1765 589 37 operations operation NOUN cblr-1765 589 38 — — PUNCT cblr-1765 589 39 the the DET cblr-1765 589 40 debtor debtor NOUN cblr-1765 589 41 ’s ’s PART cblr-1765 589 42 future future ADJ cblr-1765 589 43 liquidation liquidation NOUN cblr-1765 589 44 activities activity NOUN cblr-1765 589 45 — — PUNCT cblr-1765 589 46 as as SCONJ cblr-1765 589 47 required require VERB cblr-1765 589 48 by by ADP cblr-1765 589 49 in in ADP cblr-1765 589 50 re re VERB cblr-1765 589 51 bear bear PROPN cblr-1765 589 52 stearns.137 stearns.137 NOUN cblr-1765 589 53 similarly similarly ADV cblr-1765 589 54 , , PUNCT cblr-1765 589 55 comi comi NOUN cblr-1765 589 56 selection selection NOUN cblr-1765 589 57 clauses clause NOUN cblr-1765 589 58 superficially superficially ADV cblr-1765 589 59 appear appear VERB cblr-1765 589 60 to to PART cblr-1765 589 61 render render VERB cblr-1765 589 62 in in ADP cblr-1765 589 63 re re ADP cblr-1765 589 64 fairfield fairfield PROPN cblr-1765 589 65 sentry sentry PROPN cblr-1765 589 66 superfluous superfluous ADJ cblr-1765 589 67 . . PUNCT cblr-1765 590 1 after after ADV cblr-1765 590 2 all all ADV cblr-1765 590 3 , , PUNCT cblr-1765 590 4 a a DET cblr-1765 590 5 debtor debtor NOUN cblr-1765 590 6 ’s ’s PART cblr-1765 590 7 comi comi NOUN cblr-1765 590 8 would would AUX cblr-1765 590 9 be be AUX cblr-1765 590 10 established establish VERB cblr-1765 590 11 at at ADP cblr-1765 590 12 the the DET cblr-1765 590 13 time time NOUN cblr-1765 590 14 of of ADP cblr-1765 590 15 the the DET cblr-1765 590 16 clause clause NOUN cblr-1765 590 17 ’s ’s PART cblr-1765 590 18 inclusion inclusion NOUN cblr-1765 590 19 in in ADP cblr-1765 590 20 its its PRON cblr-1765 590 21 charter charter NOUN cblr-1765 590 22 or or CCONJ cblr-1765 590 23 in in ADP cblr-1765 590 24 agreements agreement NOUN cblr-1765 590 25 with with ADP cblr-1765 590 26 third third ADJ cblr-1765 590 27 parties party NOUN cblr-1765 590 28 , , PUNCT cblr-1765 590 29 not not PART cblr-1765 590 30 at at ADP cblr-1765 590 31 the the DET cblr-1765 590 32 time time NOUN cblr-1765 590 33 of of ADP cblr-1765 590 34 the the DET cblr-1765 590 35 filing filing NOUN cblr-1765 590 36 of of ADP cblr-1765 590 37 the the DET cblr-1765 590 38 chapter chapter NOUN cblr-1765 590 39 15 15 NUM cblr-1765 590 40 petition petition NOUN cblr-1765 590 41 . . PUNCT cblr-1765 591 1 135 135 NUM cblr-1765 591 2 see see VERB cblr-1765 591 3 westbrook westbrook NOUN cblr-1765 591 4 , , PUNCT cblr-1765 591 5 supra supra PROPN cblr-1765 591 6 note note NOUN cblr-1765 591 7 3 3 NUM cblr-1765 591 8 , , PUNCT cblr-1765 591 9 at at ADP cblr-1765 591 10 186 186 NUM cblr-1765 591 11 ( ( PUNCT cblr-1765 591 12 “ " PUNCT cblr-1765 591 13 [ [ X cblr-1765 591 14 in in ADP cblr-1765 591 15 re re PRON cblr-1765 591 16 fairfield fairfield PROPN cblr-1765 591 17 sentry sentry PROPN cblr-1765 591 18 ] ] PUNCT cblr-1765 591 19 created create VERB cblr-1765 591 20 a a DET cblr-1765 591 21 substantial substantial ADJ cblr-1765 591 22 loophole loophole NOUN cblr-1765 591 23 in in ADP cblr-1765 591 24 [ [ PUNCT cblr-1765 591 25 in in ADP cblr-1765 591 26 re re VERB cblr-1765 591 27 bear bear PROPN cblr-1765 591 28 stearns stearns PROPN cblr-1765 591 29 ] ] PUNCT cblr-1765 591 30 by by ADP cblr-1765 591 31 finding find VERB cblr-1765 591 32 that that SCONJ cblr-1765 591 33 a a DET cblr-1765 591 34 company company NOUN cblr-1765 591 35 that that PRON cblr-1765 591 36 had have AUX cblr-1765 591 37 ceased cease VERB cblr-1765 591 38 to to PART cblr-1765 591 39 do do VERB cblr-1765 591 40 business business NOUN cblr-1765 591 41 could could AUX cblr-1765 591 42 file file VERB cblr-1765 591 43 in in ADP cblr-1765 591 44 its its PRON cblr-1765 591 45 haven haven NOUN cblr-1765 591 46 jurisdiction jurisdiction NOUN cblr-1765 591 47 and and CCONJ cblr-1765 591 48 after after ADP cblr-1765 591 49 a a DET cblr-1765 591 50 year year NOUN cblr-1765 591 51 could could AUX cblr-1765 591 52 claim claim VERB cblr-1765 591 53 that that SCONJ cblr-1765 591 54 legal legal ADJ cblr-1765 591 55 proceeding proceeding NOUN cblr-1765 591 56 as as ADP cblr-1765 591 57 its its PRON cblr-1765 591 58 center center NOUN cblr-1765 591 59 of of ADP cblr-1765 591 60 main main ADJ cblr-1765 591 61 interests interest NOUN cblr-1765 591 62 . . PUNCT cblr-1765 591 63 . . PUNCT cblr-1765 591 64 . . PUNCT cblr-1765 592 1 . . PUNCT cblr-1765 592 2 ” " PUNCT cblr-1765 592 3 ) ) PUNCT cblr-1765 593 1 . . PUNCT cblr-1765 594 1 136 136 NUM cblr-1765 594 2 see see VERB cblr-1765 594 3 in in ADP cblr-1765 594 4 re re PROPN cblr-1765 594 5 suntech suntech PROPN cblr-1765 594 6 power power PROPN cblr-1765 594 7 holdings holdings PROPN cblr-1765 594 8 co. co. PROPN cblr-1765 594 9 , , PUNCT cblr-1765 594 10 ltd ltd PROPN cblr-1765 594 11 . . PROPN cblr-1765 594 12 , , PUNCT cblr-1765 594 13 520 520 NUM cblr-1765 594 14 b.r b.r PROPN cblr-1765 594 15 . . PROPN cblr-1765 594 16 399 399 NUM cblr-1765 594 17 , , PUNCT cblr-1765 594 18 416–19 416–19 NOUN cblr-1765 594 19 ( ( PUNCT cblr-1765 594 20 bankr bankr PROPN cblr-1765 594 21 . . PUNCT cblr-1765 595 1 s.d.n.y s.d.n.y PROPN cblr-1765 595 2 . . PROPN cblr-1765 595 3 2014 2014 NUM cblr-1765 595 4 ) ) PUNCT cblr-1765 595 5 . . PUNCT cblr-1765 596 1 the the DET cblr-1765 596 2 debtor debtor NOUN cblr-1765 596 3 ’s ’s PART cblr-1765 596 4 comi comi NOUN cblr-1765 596 5 was be AUX cblr-1765 596 6 located locate VERB cblr-1765 596 7 in in ADP cblr-1765 596 8 china china PROPN cblr-1765 596 9 at at ADP cblr-1765 596 10 the the DET cblr-1765 596 11 commencement commencement NOUN cblr-1765 596 12 of of ADP cblr-1765 596 13 the the DET cblr-1765 596 14 foreign foreign ADJ cblr-1765 596 15 proceeding proceeding NOUN cblr-1765 596 16 . . PUNCT cblr-1765 597 1 nevertheless nevertheless ADV cblr-1765 597 2 , , PUNCT cblr-1765 597 3 the the DET cblr-1765 597 4 debtor debtor NOUN cblr-1765 597 5 commenced commence VERB cblr-1765 597 6 a a DET cblr-1765 597 7 foreign foreign ADJ cblr-1765 597 8 proceeding proceeding NOUN cblr-1765 597 9 in in ADP cblr-1765 597 10 the the DET cblr-1765 597 11 cayman cayman PROPN cblr-1765 597 12 islands island NOUN cblr-1765 597 13 . . PUNCT cblr-1765 598 1 liquidation liquidation NOUN cblr-1765 598 2 activities activity NOUN cblr-1765 598 3 had have VERB cblr-1765 598 4 the the DET cblr-1765 598 5 effect effect NOUN cblr-1765 598 6 of of ADP cblr-1765 598 7 transferring transfer VERB cblr-1765 598 8 the the DET cblr-1765 598 9 debtor debtor NOUN cblr-1765 598 10 ’s ’s PART cblr-1765 598 11 comi comi NOUN cblr-1765 598 12 from from ADP cblr-1765 598 13 china china PROPN cblr-1765 598 14 to to ADP cblr-1765 598 15 the the DET cblr-1765 598 16 cayman cayman PROPN cblr-1765 598 17 islands island NOUN cblr-1765 598 18 by by ADP cblr-1765 598 19 the the DET cblr-1765 598 20 time time NOUN cblr-1765 598 21 of of ADP cblr-1765 598 22 the the DET cblr-1765 598 23 filing filing NOUN cblr-1765 598 24 of of ADP cblr-1765 598 25 the the DET cblr-1765 598 26 chapter chapter NOUN cblr-1765 598 27 15 15 NUM cblr-1765 598 28 petition petition NOUN cblr-1765 598 29 . . PUNCT cblr-1765 599 1 in in ADP cblr-1765 599 2 this this DET cblr-1765 599 3 sense sense NOUN cblr-1765 599 4 , , PUNCT cblr-1765 599 5 rather rather ADV cblr-1765 599 6 than than ADP cblr-1765 599 7 having have VERB cblr-1765 599 8 to to PART cblr-1765 599 9 wait wait VERB cblr-1765 599 10 for for ADP cblr-1765 599 11 the the DET cblr-1765 599 12 liquidation liquidation NOUN cblr-1765 599 13 activities activity NOUN cblr-1765 599 14 to to PART cblr-1765 599 15 reestablish reestablish VERB cblr-1765 599 16 the the DET cblr-1765 599 17 comi comi NOUN cblr-1765 599 18 , , PUNCT cblr-1765 599 19 a a DET cblr-1765 599 20 forum forum NOUN cblr-1765 599 21 selection selection NOUN cblr-1765 599 22 clause clause NOUN cblr-1765 599 23 would would AUX cblr-1765 599 24 have have AUX cblr-1765 599 25 immediately immediately ADV cblr-1765 599 26 validated validate VERB cblr-1765 599 27 the the DET cblr-1765 599 28 foreign foreign ADJ cblr-1765 599 29 proceeding proceeding NOUN cblr-1765 599 30 . . PUNCT cblr-1765 600 1 in in ADP cblr-1765 600 2 this this DET cblr-1765 600 3 way way NOUN cblr-1765 600 4 , , PUNCT cblr-1765 600 5 comi comi NOUN cblr-1765 600 6 selections selection NOUN cblr-1765 600 7 clauses clause NOUN cblr-1765 600 8 actually actually ADV cblr-1765 600 9 eliminate eliminate VERB cblr-1765 600 10 a a DET cblr-1765 600 11 formality formality NOUN cblr-1765 600 12 . . PUNCT cblr-1765 601 1 137 137 NUM cblr-1765 601 2 see see VERB cblr-1765 601 3 generally generally ADV cblr-1765 601 4 in in ADP cblr-1765 601 5 re re VERB cblr-1765 601 6 bear bear PROPN cblr-1765 601 7 stearns stearns PROPN cblr-1765 601 8 , , PUNCT cblr-1765 601 9 374 374 NUM cblr-1765 601 10 b.r b.r PROPN cblr-1765 601 11 . . PROPN cblr-1765 601 12 at at ADP cblr-1765 601 13 122 122 NUM cblr-1765 601 14 . . PUNCT cblr-1765 602 1 hallock hallock PROPN cblr-1765 602 2 – – PUNCT cblr-1765 602 3 final final ADJ cblr-1765 602 4 no no NOUN cblr-1765 602 5 . . PUNCT cblr-1765 603 1 3:1074 3:1074 NUM cblr-1765 603 2 ] ] PUNCT cblr-1765 603 3 time time NOUN cblr-1765 603 4 out out ADP cblr-1765 603 5 1115 1115 NUM cblr-1765 603 6 however however ADV cblr-1765 603 7 , , PUNCT cblr-1765 603 8 the the DET cblr-1765 603 9 decision decision NOUN cblr-1765 603 10 to to PART cblr-1765 603 11 evaluate evaluate VERB cblr-1765 603 12 comi comi NOUN cblr-1765 603 13 at at ADP cblr-1765 603 14 the the DET cblr-1765 603 15 time time NOUN cblr-1765 603 16 of of ADP cblr-1765 603 17 the the DET cblr-1765 603 18 filing filing NOUN cblr-1765 603 19 of of ADP cblr-1765 603 20 the the DET cblr-1765 603 21 chapter chapter NOUN cblr-1765 603 22 15 15 NUM cblr-1765 603 23 petition petition NOUN cblr-1765 603 24 rather rather ADV cblr-1765 603 25 than than ADP cblr-1765 603 26 at at ADP cblr-1765 603 27 the the DET cblr-1765 603 28 time time NOUN cblr-1765 603 29 of of ADP cblr-1765 603 30 the the DET cblr-1765 603 31 commencement commencement NOUN cblr-1765 603 32 of of ADP cblr-1765 603 33 the the DET cblr-1765 603 34 foreign foreign ADJ cblr-1765 603 35 proceeding proceeding NOUN cblr-1765 603 36 remains remain VERB cblr-1765 603 37 meaningful meaningful ADJ cblr-1765 603 38 . . PUNCT cblr-1765 604 1 assuming assume VERB cblr-1765 604 2 comi comi NOUN cblr-1765 604 3 selection selection NOUN cblr-1765 604 4 clauses clause NOUN cblr-1765 604 5 can can AUX cblr-1765 604 6 be be AUX cblr-1765 604 7 altered alter VERB cblr-1765 604 8 , , PUNCT cblr-1765 604 9 the the DET cblr-1765 604 10 latter latter ADJ cblr-1765 604 11 determination determination NOUN cblr-1765 604 12 date date NOUN cblr-1765 604 13 endorsed endorse VERB cblr-1765 604 14 in in ADP cblr-1765 604 15 in in ADP cblr-1765 604 16 re re PROPN cblr-1765 604 17 fairfield fairfield PROPN cblr-1765 604 18 sentry sentry PROPN cblr-1765 604 19 might might AUX cblr-1765 604 20 still still ADV cblr-1765 604 21 result result VERB cblr-1765 604 22 in in ADP cblr-1765 604 23 lodging lodge VERB cblr-1765 604 24 comi comi NOUN cblr-1765 604 25 in in ADP cblr-1765 604 26 a a DET cblr-1765 604 27 different different ADJ cblr-1765 604 28 jurisdiction jurisdiction NOUN cblr-1765 604 29 at at ADP cblr-1765 604 30 the the DET cblr-1765 604 31 time time NOUN cblr-1765 604 32 of of ADP cblr-1765 604 33 the the DET cblr-1765 604 34 chapter chapter NOUN cblr-1765 604 35 15 15 NUM cblr-1765 604 36 filing filing NOUN cblr-1765 604 37 than than SCONJ cblr-1765 604 38 it it PRON cblr-1765 604 39 would would AUX cblr-1765 604 40 have have VERB cblr-1765 604 41 at at ADP cblr-1765 604 42 the the DET cblr-1765 604 43 commencement commencement NOUN cblr-1765 604 44 of of ADP cblr-1765 604 45 the the DET cblr-1765 604 46 foreign foreign ADJ cblr-1765 604 47 proceeding.138 proceeding.138 PROPN cblr-1765 604 48 for for ADP cblr-1765 604 49 example example NOUN cblr-1765 604 50 , , PUNCT cblr-1765 604 51 assume assume VERB cblr-1765 604 52 that that SCONJ cblr-1765 604 53 at at ADP cblr-1765 604 54 the the DET cblr-1765 604 55 time time NOUN cblr-1765 604 56 of of ADP cblr-1765 604 57 the the DET cblr-1765 604 58 commencement commencement NOUN cblr-1765 604 59 of of ADP cblr-1765 604 60 the the DET cblr-1765 604 61 foreign foreign ADJ cblr-1765 604 62 proceeding proceeding NOUN cblr-1765 604 63 , , PUNCT cblr-1765 604 64 the the DET cblr-1765 604 65 debtor debtor NOUN cblr-1765 604 66 ’s ’s PART cblr-1765 604 67 agreements agreement NOUN cblr-1765 604 68 with with ADP cblr-1765 604 69 creditors creditor NOUN cblr-1765 604 70 specify specify VERB cblr-1765 604 71 a a DET cblr-1765 604 72 particular particular ADJ cblr-1765 604 73 comi comi NOUN cblr-1765 604 74 . . PUNCT cblr-1765 605 1 under under ADP cblr-1765 605 2 in in ADP cblr-1765 605 3 re re PROPN cblr-1765 605 4 fairfield fairfield PROPN cblr-1765 605 5 sentry sentry PROPN cblr-1765 605 6 , , PUNCT cblr-1765 605 7 a a DET cblr-1765 605 8 debtor debtor NOUN cblr-1765 605 9 would would AUX cblr-1765 605 10 still still ADV cblr-1765 605 11 be be AUX cblr-1765 605 12 able able ADJ cblr-1765 605 13 to to PART cblr-1765 605 14 validly validly ADV cblr-1765 605 15 alter alter VERB cblr-1765 605 16 its its PRON cblr-1765 605 17 comi comi NOUN cblr-1765 605 18 selection selection NOUN cblr-1765 605 19 clause clause NOUN cblr-1765 605 20 , , PUNCT cblr-1765 605 21 with with ADP cblr-1765 605 22 creditor creditor NOUN cblr-1765 605 23 approval approval NOUN cblr-1765 605 24 , , PUNCT cblr-1765 605 25 after after ADP cblr-1765 605 26 the the DET cblr-1765 605 27 commencement commencement NOUN cblr-1765 605 28 of of ADP cblr-1765 605 29 foreign foreign ADJ cblr-1765 605 30 proceedings proceeding NOUN cblr-1765 605 31 . . PUNCT cblr-1765 606 1 thus thus ADV cblr-1765 606 2 , , PUNCT cblr-1765 606 3 its its PRON cblr-1765 606 4 comi comi NOUN cblr-1765 606 5 could could AUX cblr-1765 606 6 foreseeably foreseeably ADV cblr-1765 606 7 shift shift VERB cblr-1765 606 8 during during ADP cblr-1765 606 9 its its PRON cblr-1765 606 10 liquidation liquidation NOUN cblr-1765 606 11 activities activity NOUN cblr-1765 606 12 and and CCONJ cblr-1765 606 13 be be AUX cblr-1765 606 14 different different ADJ cblr-1765 606 15 at at ADP cblr-1765 606 16 the the DET cblr-1765 606 17 time time NOUN cblr-1765 606 18 of of ADP cblr-1765 606 19 the the DET cblr-1765 606 20 filing filing NOUN cblr-1765 606 21 of of ADP cblr-1765 606 22 the the DET cblr-1765 606 23 chapter chapter NOUN cblr-1765 606 24 15 15 NUM cblr-1765 606 25 petition petition NOUN cblr-1765 606 26 . . PUNCT cblr-1765 607 1 in in ADP cblr-1765 607 2 contrast contrast NOUN cblr-1765 607 3 , , PUNCT cblr-1765 607 4 the the DET cblr-1765 607 5 in in ADP cblr-1765 607 6 re re NOUN cblr-1765 607 7 millennium millennium PROPN cblr-1765 607 8 global global ADJ cblr-1765 607 9 approach approach NOUN cblr-1765 607 10 would would AUX cblr-1765 607 11 invalidate invalidate VERB cblr-1765 607 12 such such DET cblr-1765 607 13 a a DET cblr-1765 607 14 shift shift NOUN cblr-1765 607 15 — — PUNCT cblr-1765 607 16 the the DET cblr-1765 607 17 debtor debtor NOUN cblr-1765 607 18 ’s ’s PART cblr-1765 607 19 comi comi NOUN cblr-1765 607 20 would would AUX cblr-1765 607 21 have have AUX cblr-1765 607 22 become become VERB cblr-1765 607 23 static static ADJ cblr-1765 607 24 at at ADP cblr-1765 607 25 the the DET cblr-1765 607 26 commencement commencement NOUN cblr-1765 607 27 of of ADP cblr-1765 607 28 the the DET cblr-1765 607 29 foreign foreign ADJ cblr-1765 607 30 proceeding proceeding NOUN cblr-1765 607 31 . . PUNCT cblr-1765 608 1 accordingly accordingly ADV cblr-1765 608 2 , , PUNCT cblr-1765 608 3 comi comi NOUN cblr-1765 608 4 selection selection NOUN cblr-1765 608 5 clauses clause NOUN cblr-1765 608 6 would would AUX cblr-1765 608 7 not not PART cblr-1765 608 8 render render VERB cblr-1765 608 9 in in ADP cblr-1765 608 10 re re ADP cblr-1765 608 11 fairfield fairfield PROPN cblr-1765 608 12 sentry sentry PROPN cblr-1765 608 13 superfluous superfluous ADJ cblr-1765 608 14 . . PUNCT cblr-1765 609 1 a a DET cblr-1765 609 2 more more ADV cblr-1765 609 3 substantial substantial ADJ cblr-1765 609 4 weakness weakness NOUN cblr-1765 609 5 in in ADP cblr-1765 609 6 the the DET cblr-1765 609 7 comi comi NOUN cblr-1765 609 8 selection selection NOUN cblr-1765 609 9 clause clause NOUN cblr-1765 609 10 solution solution NOUN cblr-1765 609 11 is be AUX cblr-1765 609 12 its its PRON cblr-1765 609 13 inability inability NOUN cblr-1765 609 14 to to PART cblr-1765 609 15 eradicate eradicate VERB cblr-1765 609 16 forum forum NOUN cblr-1765 609 17 shopping.139 shopping.139 PROPN cblr-1765 609 18 138 138 NUM cblr-1765 609 19 courts court NOUN cblr-1765 609 20 would would AUX cblr-1765 609 21 need need VERB cblr-1765 609 22 to to PART cblr-1765 609 23 adopt adopt VERB cblr-1765 609 24 criteria criterion NOUN cblr-1765 609 25 for for ADP cblr-1765 609 26 allowing allow VERB cblr-1765 609 27 companies company NOUN cblr-1765 609 28 to to PART cblr-1765 609 29 alter alter VERB cblr-1765 609 30 comi comi NOUN cblr-1765 609 31 selection selection NOUN cblr-1765 609 32 clauses clause NOUN cblr-1765 609 33 to to PART cblr-1765 609 34 avoid avoid VERB cblr-1765 609 35 the the DET cblr-1765 609 36 same same ADJ cblr-1765 609 37 problems problem NOUN cblr-1765 609 38 with with ADP cblr-1765 609 39 forum forum NOUN cblr-1765 609 40 shopping shopping NOUN cblr-1765 609 41 and and CCONJ cblr-1765 609 42 unpredictability unpredictability NOUN cblr-1765 609 43 that that SCONJ cblr-1765 609 44 the the DET cblr-1765 609 45 clauses clause NOUN cblr-1765 609 46 are be AUX cblr-1765 609 47 designed design VERB cblr-1765 609 48 to to PART cblr-1765 609 49 mitigate mitigate VERB cblr-1765 609 50 . . PUNCT cblr-1765 610 1 presumably presumably ADV cblr-1765 610 2 , , PUNCT cblr-1765 610 3 some some DET cblr-1765 610 4 proportion proportion NOUN cblr-1765 610 5 of of ADP cblr-1765 610 6 interested interested ADJ cblr-1765 610 7 parties party NOUN cblr-1765 610 8 would would AUX cblr-1765 610 9 need need VERB cblr-1765 610 10 to to PART cblr-1765 610 11 consent consent VERB cblr-1765 610 12 to to ADP cblr-1765 610 13 alterations alteration NOUN cblr-1765 610 14 . . PUNCT cblr-1765 611 1 139 139 NUM cblr-1765 611 2 in in ADP cblr-1765 611 3 fact fact NOUN cblr-1765 611 4 , , PUNCT cblr-1765 611 5 an an DET cblr-1765 611 6 inquiry inquiry NOUN cblr-1765 611 7 into into ADP cblr-1765 611 8 operational operational ADJ cblr-1765 611 9 history history NOUN cblr-1765 611 10 would would AUX cblr-1765 611 11 be be AUX cblr-1765 611 12 more more ADV cblr-1765 611 13 likely likely ADJ cblr-1765 611 14 to to PART cblr-1765 611 15 eliminate eliminate VERB cblr-1765 611 16 forum forum NOUN cblr-1765 611 17 shopping shop VERB cblr-1765 611 18 by by ADP cblr-1765 611 19 examining examine VERB cblr-1765 611 20 the the DET cblr-1765 611 21 entire entire ADJ cblr-1765 611 22 life life NOUN cblr-1765 611 23 of of ADP cblr-1765 611 24 the the DET cblr-1765 611 25 company company NOUN cblr-1765 611 26 to to PART cblr-1765 611 27 determine determine VERB cblr-1765 611 28 its its PRON cblr-1765 611 29 comi comi NOUN cblr-1765 611 30 . . PUNCT cblr-1765 612 1 presumably presumably ADV cblr-1765 612 2 , , PUNCT cblr-1765 612 3 this this PRON cblr-1765 612 4 would would AUX cblr-1765 612 5 make make VERB cblr-1765 612 6 opportunistic opportunistic ADJ cblr-1765 612 7 shifts shift NOUN cblr-1765 612 8 easier easy ADJ cblr-1765 612 9 to to PART cblr-1765 612 10 identify identify VERB cblr-1765 612 11 . . PUNCT cblr-1765 613 1 that that PRON cblr-1765 613 2 said say VERB cblr-1765 613 3 , , PUNCT cblr-1765 613 4 it it PRON cblr-1765 613 5 gives give VERB cblr-1765 613 6 rise rise NOUN cblr-1765 613 7 to to ADP cblr-1765 613 8 problems problem NOUN cblr-1765 613 9 of of ADP cblr-1765 613 10 inefficiency inefficiency NOUN cblr-1765 613 11 and and CCONJ cblr-1765 613 12 has have AUX cblr-1765 613 13 been be AUX cblr-1765 613 14 unanimously unanimously ADV cblr-1765 613 15 rejected reject VERB cblr-1765 613 16 by by ADP cblr-1765 613 17 courts court NOUN cblr-1765 613 18 . . PUNCT cblr-1765 614 1 see see VERB cblr-1765 614 2 in in ADP cblr-1765 614 3 re re NOUN cblr-1765 614 4 ran run VERB cblr-1765 614 5 , , PUNCT cblr-1765 614 6 607 607 NUM cblr-1765 614 7 f.3d f.3d NUM cblr-1765 614 8 1017 1017 NUM cblr-1765 614 9 , , PUNCT cblr-1765 614 10 1025 1025 NUM cblr-1765 614 11 ( ( PUNCT cblr-1765 614 12 5th 5th ADJ cblr-1765 614 13 cir cir NOUN cblr-1765 614 14 . . PUNCT cblr-1765 614 15 2010 2010 NUM cblr-1765 614 16 ) ) PUNCT cblr-1765 614 17 ( ( PUNCT cblr-1765 614 18 “ " PUNCT cblr-1765 614 19 if if SCONJ cblr-1765 614 20 we we PRON cblr-1765 614 21 were be AUX cblr-1765 614 22 to to PART cblr-1765 614 23 assess assess VERB cblr-1765 614 24 comi comi NOUN cblr-1765 614 25 by by ADP cblr-1765 614 26 focusing focus VERB cblr-1765 614 27 upon upon SCONJ cblr-1765 614 28 . . PUNCT cblr-1765 614 29 . . PUNCT cblr-1765 614 30 . . PUNCT cblr-1765 615 1 operational operational ADJ cblr-1765 615 2 history history NOUN cblr-1765 615 3 , , PUNCT cblr-1765 615 4 there there PRON cblr-1765 615 5 would would AUX cblr-1765 615 6 be be AUX cblr-1765 615 7 an an DET cblr-1765 615 8 increased increase VERB cblr-1765 615 9 likelihood likelihood NOUN cblr-1765 615 10 of of ADP cblr-1765 615 11 conflicting conflict VERB cblr-1765 615 12 comi comi NOUN cblr-1765 615 13 determinations determination NOUN cblr-1765 615 14 . . PUNCT cblr-1765 615 15 . . PUNCT cblr-1765 615 16 . . PUNCT cblr-1765 615 17 . . PUNCT cblr-1765 616 1 in in ADP cblr-1765 616 2 fact fact NOUN cblr-1765 616 3 , , PUNCT cblr-1765 616 4 a a DET cblr-1765 616 5 meandering meandering NOUN cblr-1765 616 6 and and CCONJ cblr-1765 616 7 never never ADV cblr-1765 616 8 - - PUNCT cblr-1765 616 9 ending end VERB cblr-1765 616 10 inquiry inquiry NOUN cblr-1765 616 11 into into ADP cblr-1765 616 12 the the DET cblr-1765 616 13 debtor debtor NOUN cblr-1765 616 14 ’s ’s PART cblr-1765 616 15 past past NOUN cblr-1765 616 16 interests interest NOUN cblr-1765 616 17 could could AUX cblr-1765 616 18 lead lead VERB cblr-1765 616 19 to to ADP cblr-1765 616 20 a a DET cblr-1765 616 21 denial denial NOUN cblr-1765 616 22 of of ADP cblr-1765 616 23 recognition recognition NOUN cblr-1765 616 24 in in ADP cblr-1765 616 25 a a DET cblr-1765 616 26 country country NOUN cblr-1765 616 27 where where SCONJ cblr-1765 616 28 a a DET cblr-1765 616 29 debtor debtor NOUN cblr-1765 616 30 ’s ’s PART cblr-1765 616 31 interests interest NOUN cblr-1765 616 32 are be AUX cblr-1765 616 33 truly truly ADV cblr-1765 616 34 centered center VERB cblr-1765 616 35 , , PUNCT cblr-1765 616 36 merely merely ADV cblr-1765 616 37 because because SCONJ cblr-1765 616 38 he he PRON cblr-1765 616 39 conducted conduct VERB cblr-1765 616 40 past past ADJ cblr-1765 616 41 activities activity NOUN cblr-1765 616 42 in in ADP cblr-1765 616 43 a a DET cblr-1765 616 44 country country NOUN cblr-1765 616 45 at at ADP cblr-1765 616 46 some some DET cblr-1765 616 47 point point NOUN cblr-1765 616 48 well well ADV cblr-1765 616 49 before before SCONJ cblr-1765 616 50 the the DET cblr-1765 616 51 petition petition NOUN cblr-1765 616 52 for for ADP cblr-1765 616 53 recognition recognition NOUN cblr-1765 616 54 was be AUX cblr-1765 616 55 sought seek VERB cblr-1765 616 56 . . PUNCT cblr-1765 616 57 ” " PUNCT cblr-1765 616 58 ) ) PUNCT cblr-1765 616 59 . . PUNCT cblr-1765 617 1 hallock hallock NOUN cblr-1765 617 2 – – PUNCT cblr-1765 617 3 final final ADJ cblr-1765 617 4 1116 1116 NUM cblr-1765 617 5 columbia columbia PROPN cblr-1765 617 6 business business NOUN cblr-1765 617 7 law law PROPN cblr-1765 617 8 review review NOUN cblr-1765 617 9 [ [ X cblr-1765 617 10 vol vol NOUN cblr-1765 617 11 . . NOUN cblr-1765 617 12 2015 2015 NUM cblr-1765 617 13 in in ADP cblr-1765 617 14 fact fact NOUN cblr-1765 617 15 , , PUNCT cblr-1765 617 16 by by ADP cblr-1765 617 17 allowing allow VERB cblr-1765 617 18 companies company NOUN cblr-1765 617 19 to to PART cblr-1765 617 20 designate designate VERB cblr-1765 617 21 their their PRON cblr-1765 617 22 comi comi NOUN cblr-1765 617 23 , , PUNCT cblr-1765 617 24 such such ADJ cblr-1765 617 25 clauses clause NOUN cblr-1765 617 26 will will AUX cblr-1765 617 27 almost almost ADV cblr-1765 617 28 certainly certainly ADV cblr-1765 617 29 result result VERB cblr-1765 617 30 in in ADP cblr-1765 617 31 debtors debtor NOUN cblr-1765 617 32 targeting target VERB cblr-1765 617 33 the the DET cblr-1765 617 34 haven haven NOUN cblr-1765 617 35 jurisdictions jurisdiction NOUN cblr-1765 617 36 most most ADV cblr-1765 617 37 favorable favorable ADJ cblr-1765 617 38 to to ADP cblr-1765 617 39 their their PRON cblr-1765 617 40 position.140 position.140 NOUN cblr-1765 617 41 however however ADV cblr-1765 617 42 , , PUNCT cblr-1765 617 43 this this DET cblr-1765 617 44 shortcoming shortcoming NOUN cblr-1765 617 45 is be AUX cblr-1765 617 46 balanced balance VERB cblr-1765 617 47 against against ADP cblr-1765 617 48 the the DET cblr-1765 617 49 tremendous tremendous ADJ cblr-1765 617 50 increase increase NOUN cblr-1765 617 51 in in ADP cblr-1765 617 52 predictability predictability NOUN cblr-1765 617 53 created create VERB cblr-1765 617 54 by by ADP cblr-1765 617 55 forcing force VERB cblr-1765 617 56 companies company NOUN cblr-1765 617 57 to to PART cblr-1765 617 58 designate designate VERB cblr-1765 617 59 these these DET cblr-1765 617 60 jurisdictions jurisdiction NOUN cblr-1765 617 61 long long ADV cblr-1765 617 62 before before ADP cblr-1765 617 63 entering enter VERB cblr-1765 617 64 insolvency insolvency NOUN cblr-1765 617 65 . . PUNCT cblr-1765 618 1 while while SCONJ cblr-1765 618 2 refuge refuge NOUN cblr-1765 618 3 to to ADP cblr-1765 618 4 haven haven NOUN cblr-1765 618 5 jurisdictions jurisdiction NOUN cblr-1765 618 6 will will AUX cblr-1765 618 7 improve improve VERB cblr-1765 618 8 the the DET cblr-1765 618 9 position position NOUN cblr-1765 618 10 of of ADP cblr-1765 618 11 debtors debtor NOUN cblr-1765 618 12 in in ADP cblr-1765 618 13 the the DET cblr-1765 618 14 insolvency insolvency NOUN cblr-1765 618 15 proceedings proceeding NOUN cblr-1765 618 16 , , PUNCT cblr-1765 618 17 by by ADP cblr-1765 618 18 including include VERB cblr-1765 618 19 these these DET cblr-1765 618 20 clauses clause NOUN cblr-1765 618 21 in in ADP cblr-1765 618 22 the the DET cblr-1765 618 23 debtor debtor NOUN cblr-1765 618 24 ’s ’s PART cblr-1765 618 25 charter charter NOUN cblr-1765 618 26 or or CCONJ cblr-1765 618 27 agreements agreement NOUN cblr-1765 618 28 with with ADP cblr-1765 618 29 third third ADJ cblr-1765 618 30 parties party NOUN cblr-1765 618 31 , , PUNCT cblr-1765 618 32 creditors creditor NOUN cblr-1765 618 33 will will AUX cblr-1765 618 34 be be AUX cblr-1765 618 35 able able ADJ cblr-1765 618 36 to to PART cblr-1765 618 37 ascertain ascertain VERB cblr-1765 618 38 their their PRON cblr-1765 618 39 rights right NOUN cblr-1765 618 40 up up ADP cblr-1765 618 41 front front ADJ cblr-1765 618 42 — — PUNCT cblr-1765 618 43 any any DET cblr-1765 618 44 increased increase VERB cblr-1765 618 45 risks risk NOUN cblr-1765 618 46 will will AUX cblr-1765 618 47 be be AUX cblr-1765 618 48 included include VERB cblr-1765 618 49 in in ADP cblr-1765 618 50 their their PRON cblr-1765 618 51 calculations calculation NOUN cblr-1765 618 52 and and CCONJ cblr-1765 618 53 be be AUX cblr-1765 618 54 reflected reflect VERB cblr-1765 618 55 in in ADP cblr-1765 618 56 pricing pricing NOUN cblr-1765 618 57 . . PUNCT cblr-1765 619 1 in in ADP cblr-1765 619 2 this this DET cblr-1765 619 3 sense sense NOUN cblr-1765 619 4 , , PUNCT cblr-1765 619 5 while while SCONJ cblr-1765 619 6 not not PART cblr-1765 619 7 eliminating eliminate VERB cblr-1765 619 8 forum forum NOUN cblr-1765 619 9 shopping shopping NOUN cblr-1765 619 10 , , PUNCT cblr-1765 619 11 comi comi NOUN cblr-1765 619 12 selection selection NOUN cblr-1765 619 13 clauses clause NOUN cblr-1765 619 14 offer offer VERB cblr-1765 619 15 the the DET cblr-1765 619 16 best good ADJ cblr-1765 619 17 solution solution NOUN cblr-1765 619 18 to to ADP cblr-1765 619 19 mitigating mitigate VERB cblr-1765 619 20 its its PRON cblr-1765 619 21 effects.141 effects.141 NOUN cblr-1765 619 22 finally finally ADV cblr-1765 619 23 , , PUNCT cblr-1765 619 24 another another DET cblr-1765 619 25 possible possible ADJ cblr-1765 619 26 challenge challenge NOUN cblr-1765 619 27 to to ADP cblr-1765 619 28 comi comi NOUN cblr-1765 619 29 selection selection NOUN cblr-1765 619 30 clauses clause NOUN cblr-1765 619 31 is be AUX cblr-1765 619 32 lodged lodge VERB cblr-1765 619 33 in in ADP cblr-1765 619 34 the the DET cblr-1765 619 35 debate debate NOUN cblr-1765 619 36 between between ADP cblr-1765 619 37 the the DET cblr-1765 619 38 public public ADJ cblr-1765 619 39 and and CCONJ cblr-1765 619 40 private private ADJ cblr-1765 619 41 nature nature NOUN cblr-1765 619 42 of of ADP cblr-1765 619 43 insolvencies.142 insolvencies.142 PROPN cblr-1765 619 44 if if SCONJ cblr-1765 619 45 bankruptcy bankruptcy NOUN cblr-1765 619 46 law law NOUN cblr-1765 619 47 has have VERB cblr-1765 619 48 primarily primarily ADV cblr-1765 619 49 private private ADJ cblr-1765 619 50 purposes purpose NOUN cblr-1765 619 51 , , PUNCT cblr-1765 619 52 “ " PUNCT cblr-1765 619 53 it it PRON cblr-1765 619 54 would would AUX cblr-1765 619 55 be be AUX cblr-1765 619 56 perfectly perfectly ADV cblr-1765 619 57 acceptable acceptable ADJ cblr-1765 619 58 to to PART cblr-1765 619 59 have have VERB cblr-1765 619 60 the the DET cblr-1765 619 61 parties party NOUN cblr-1765 619 62 contract contract VERB cblr-1765 619 63 for for ADP cblr-1765 619 64 the the DET cblr-1765 619 65 effects effect NOUN cblr-1765 619 66 of of ADP cblr-1765 619 67 financial financial ADJ cblr-1765 619 68 difficulty difficulty NOUN cblr-1765 619 69 and and CCONJ cblr-1765 619 70 the the DET cblr-1765 619 71 methods method NOUN cblr-1765 619 72 of of ADP cblr-1765 619 73 its its PRON cblr-1765 619 74 resolution resolution NOUN cblr-1765 619 75 . . PUNCT cblr-1765 619 76 ”143 ”143 NOUN cblr-1765 619 77 comi comi NOUN cblr-1765 619 78 selection selection NOUN cblr-1765 619 79 clauses clause NOUN cblr-1765 619 80 are be AUX cblr-1765 619 81 a a DET cblr-1765 619 82 private private ADJ cblr-1765 619 83 solution solution NOUN cblr-1765 619 84 , , PUNCT cblr-1765 619 85 emphasizing emphasize VERB cblr-1765 619 86 the the DET cblr-1765 619 87 140 140 NUM cblr-1765 619 88 courts court NOUN cblr-1765 619 89 have have AUX cblr-1765 619 90 granted grant VERB cblr-1765 619 91 chapter chapter NOUN cblr-1765 619 92 15 15 NUM cblr-1765 619 93 recognition recognition NOUN cblr-1765 619 94 in in ADP cblr-1765 619 95 about about ADV cblr-1765 619 96 96 96 NUM cblr-1765 619 97 % % NOUN cblr-1765 619 98 of of ADP cblr-1765 619 99 the the DET cblr-1765 619 100 cases case NOUN cblr-1765 619 101 filed file VERB cblr-1765 619 102 . . PUNCT cblr-1765 620 1 westbrook westbrook PROPN cblr-1765 620 2 , , PUNCT cblr-1765 620 3 supra supra PROPN cblr-1765 620 4 note note PROPN cblr-1765 620 5 97 97 NUM cblr-1765 620 6 , , PUNCT cblr-1765 620 7 at at ADP cblr-1765 620 8 254 254 NUM cblr-1765 620 9 . . PUNCT cblr-1765 621 1 however however ADV cblr-1765 621 2 , , PUNCT cblr-1765 621 3 63 63 NUM cblr-1765 621 4 % % NOUN cblr-1765 621 5 of of ADP cblr-1765 621 6 the the DET cblr-1765 621 7 rejected reject VERB cblr-1765 621 8 petitions petition NOUN cblr-1765 621 9 came come VERB cblr-1765 621 10 from from ADP cblr-1765 621 11 haven haven NOUN cblr-1765 621 12 jurisdictions jurisdiction NOUN cblr-1765 621 13 . . PUNCT cblr-1765 622 1 i i PRON cblr-1765 622 2 d. d. PROPN cblr-1765 622 3 at at ADP cblr-1765 622 4 255 255 NUM cblr-1765 622 5 . . PUNCT cblr-1765 623 1 while while SCONJ cblr-1765 623 2 the the DET cblr-1765 623 3 rate rate NOUN cblr-1765 623 4 of of ADP cblr-1765 623 5 recognition recognition NOUN cblr-1765 623 6 of of ADP cblr-1765 623 7 these these DET cblr-1765 623 8 proceedings proceeding NOUN cblr-1765 623 9 would would AUX cblr-1765 623 10 increase increase VERB cblr-1765 623 11 under under ADP cblr-1765 623 12 a a DET cblr-1765 623 13 comi comi NOUN cblr-1765 623 14 selection selection NOUN cblr-1765 623 15 clause clause NOUN cblr-1765 623 16 scheme scheme NOUN cblr-1765 623 17 , , PUNCT cblr-1765 623 18 the the DET cblr-1765 623 19 ultimate ultimate ADJ cblr-1765 623 20 jurisdiction jurisdiction NOUN cblr-1765 623 21 of of ADP cblr-1765 623 22 a a DET cblr-1765 623 23 company company NOUN cblr-1765 623 24 ’s ’s PART cblr-1765 623 25 future future ADJ cblr-1765 623 26 insolvency insolvency NOUN cblr-1765 623 27 would would AUX cblr-1765 623 28 be be AUX cblr-1765 623 29 far far ADV cblr-1765 623 30 more more ADV cblr-1765 623 31 ascertainable ascertainable ADJ cblr-1765 623 32 to to ADP cblr-1765 623 33 potential potential ADJ cblr-1765 623 34 creditors creditor NOUN cblr-1765 623 35 at at ADP cblr-1765 623 36 the the DET cblr-1765 623 37 time time NOUN cblr-1765 623 38 of of ADP cblr-1765 623 39 entering enter VERB cblr-1765 623 40 an an DET cblr-1765 623 41 agreement agreement NOUN cblr-1765 623 42 . . PUNCT cblr-1765 624 1 141 141 NUM cblr-1765 624 2 third third ADJ cblr-1765 624 3 parties party NOUN cblr-1765 624 4 entering enter VERB cblr-1765 624 5 into into ADP cblr-1765 624 6 agreements agreement NOUN cblr-1765 624 7 with with ADP cblr-1765 624 8 companies company NOUN cblr-1765 624 9 designating designate VERB cblr-1765 624 10 their their PRON cblr-1765 624 11 comi comi NOUN cblr-1765 624 12 in in ADP cblr-1765 624 13 haven haven NOUN cblr-1765 624 14 jurisdictions jurisdiction NOUN cblr-1765 624 15 would would AUX cblr-1765 624 16 have have VERB cblr-1765 624 17 to to PART cblr-1765 624 18 determine determine VERB cblr-1765 624 19 whether whether SCONJ cblr-1765 624 20 , , PUNCT cblr-1765 624 21 and and CCONJ cblr-1765 624 22 at at ADP cblr-1765 624 23 what what DET cblr-1765 624 24 price price NOUN cblr-1765 624 25 , , PUNCT cblr-1765 624 26 to to PART cblr-1765 624 27 make make VERB cblr-1765 624 28 a a DET cblr-1765 624 29 deal deal NOUN cblr-1765 624 30 that that PRON cblr-1765 624 31 includes include VERB cblr-1765 624 32 a a DET cblr-1765 624 33 haven haven NOUN cblr-1765 624 34 jurisdiction jurisdiction NOUN cblr-1765 624 35 as as ADP cblr-1765 624 36 the the DET cblr-1765 624 37 comi comi NOUN cblr-1765 624 38 . . PUNCT cblr-1765 625 1 142 142 NUM cblr-1765 625 2 see see VERB cblr-1765 625 3 westbrook westbrook NOUN cblr-1765 625 4 , , PUNCT cblr-1765 625 5 supra supra PROPN cblr-1765 625 6 note note NOUN cblr-1765 625 7 98 98 NUM cblr-1765 625 8 , , PUNCT cblr-1765 625 9 at at ADP cblr-1765 625 10 169 169 NUM cblr-1765 625 11 ( ( PUNCT cblr-1765 625 12 “ " PUNCT cblr-1765 625 13 the the DET cblr-1765 625 14 larger large ADJ cblr-1765 625 15 question question NOUN cblr-1765 625 16 is be AUX cblr-1765 625 17 whether whether SCONJ cblr-1765 625 18 there there PRON cblr-1765 625 19 is be VERB cblr-1765 625 20 a a DET cblr-1765 625 21 public public ADJ cblr-1765 625 22 interest interest NOUN cblr-1765 625 23 in in ADP cblr-1765 625 24 bankruptcy bankruptcy NOUN cblr-1765 625 25 law law NOUN cblr-1765 625 26 or or CCONJ cblr-1765 625 27 merely merely ADV cblr-1765 625 28 a a DET cblr-1765 625 29 conglomeration conglomeration NOUN cblr-1765 625 30 of of ADP cblr-1765 625 31 private private ADJ cblr-1765 625 32 ones one NOUN cblr-1765 625 33 . . PUNCT cblr-1765 625 34 ” " PUNCT cblr-1765 625 35 ) ) PUNCT cblr-1765 625 36 . . PUNCT cblr-1765 626 1 there there PRON cblr-1765 626 2 is be VERB cblr-1765 626 3 an an DET cblr-1765 626 4 extensive extensive ADJ cblr-1765 626 5 debate debate NOUN cblr-1765 626 6 on on ADP cblr-1765 626 7 the the DET cblr-1765 626 8 public public ADJ cblr-1765 626 9 - - PUNCT cblr-1765 626 10 private private ADJ cblr-1765 626 11 nature nature NOUN cblr-1765 626 12 of of ADP cblr-1765 626 13 insolvency insolvency NOUN cblr-1765 626 14 but but CCONJ cblr-1765 626 15 it it PRON cblr-1765 626 16 is be AUX cblr-1765 626 17 beyond beyond ADP cblr-1765 626 18 the the DET cblr-1765 626 19 scope scope NOUN cblr-1765 626 20 of of ADP cblr-1765 626 21 this this DET cblr-1765 626 22 note note NOUN cblr-1765 626 23 . . PUNCT cblr-1765 627 1 143 143 NUM cblr-1765 628 1 i i PROPN cblr-1765 628 2 d. d. PROPN cblr-1765 628 3 hallock hallock PROPN cblr-1765 628 4 – – PUNCT cblr-1765 628 5 final final ADJ cblr-1765 628 6 no no NOUN cblr-1765 628 7 . . PUNCT cblr-1765 629 1 3:1074 3:1074 NUM cblr-1765 629 2 ] ] PUNCT cblr-1765 629 3 time time NOUN cblr-1765 629 4 out out ADP cblr-1765 629 5 1117 1117 NUM cblr-1765 629 6 importance importance NOUN cblr-1765 629 7 of of ADP cblr-1765 629 8 contractual contractual ADJ cblr-1765 629 9 arrangements.144 arrangements.144 ADJ cblr-1765 629 10 in in ADP cblr-1765 629 11 contrast contrast NOUN cblr-1765 629 12 , , PUNCT cblr-1765 629 13 if if SCONJ cblr-1765 629 14 there there PRON cblr-1765 629 15 is be VERB cblr-1765 629 16 a a DET cblr-1765 629 17 substantial substantial ADJ cblr-1765 629 18 public public ADJ cblr-1765 629 19 interest interest NOUN cblr-1765 629 20 in in ADP cblr-1765 629 21 bankruptcy bankruptcy NOUN cblr-1765 629 22 , , PUNCT cblr-1765 629 23 it it PRON cblr-1765 629 24 may may AUX cblr-1765 629 25 be be AUX cblr-1765 629 26 more more ADV cblr-1765 629 27 desirable desirable ADJ cblr-1765 629 28 to to PART cblr-1765 629 29 leave leave VERB cblr-1765 629 30 more more ADJ cblr-1765 629 31 power power NOUN cblr-1765 629 32 in in ADP cblr-1765 629 33 the the DET cblr-1765 629 34 hands hand NOUN cblr-1765 629 35 of of ADP cblr-1765 629 36 courts court NOUN cblr-1765 629 37 to to PART cblr-1765 629 38 restrain restrain VERB cblr-1765 629 39 private private ADJ cblr-1765 629 40 actors.145 actors.145 NOUN cblr-1765 629 41 in in ADP cblr-1765 629 42 this this DET cblr-1765 629 43 sense sense NOUN cblr-1765 629 44 , , PUNCT cblr-1765 629 45 comi comi NOUN cblr-1765 629 46 selection selection NOUN cblr-1765 629 47 clauses clause NOUN cblr-1765 629 48 may may AUX cblr-1765 629 49 grant grant VERB cblr-1765 629 50 too too ADV cblr-1765 629 51 much much ADJ cblr-1765 629 52 power power NOUN cblr-1765 629 53 to to ADP cblr-1765 629 54 private private ADJ cblr-1765 629 55 actors actor NOUN cblr-1765 629 56 to to PART cblr-1765 629 57 shape shape VERB cblr-1765 629 58 insolvency insolvency NOUN cblr-1765 629 59 proceedings proceeding NOUN cblr-1765 629 60 . . PUNCT cblr-1765 630 1 however however ADV cblr-1765 630 2 , , PUNCT cblr-1765 630 3 in in ADP cblr-1765 630 4 extreme extreme ADJ cblr-1765 630 5 instances instance NOUN cblr-1765 630 6 of of ADP cblr-1765 630 7 private private ADJ cblr-1765 630 8 actions action NOUN cblr-1765 630 9 overwhelming overwhelm VERB cblr-1765 630 10 public public ADJ cblr-1765 630 11 interest interest NOUN cblr-1765 630 12 , , PUNCT cblr-1765 630 13 recognition recognition NOUN cblr-1765 630 14 proceedings proceeding NOUN cblr-1765 630 15 would would AUX cblr-1765 630 16 remain remain VERB cblr-1765 630 17 subject subject ADJ cblr-1765 630 18 to to ADP cblr-1765 630 19 chapter chapter NOUN cblr-1765 630 20 15 15 NUM cblr-1765 630 21 ’s ’s PART cblr-1765 630 22 public public ADJ cblr-1765 630 23 policy policy NOUN cblr-1765 630 24 exception.146 exception.146 NOUN cblr-1765 630 25 in in ADP cblr-1765 630 26 this this DET cblr-1765 630 27 sense sense NOUN cblr-1765 630 28 , , PUNCT cblr-1765 630 29 chapter chapter NOUN cblr-1765 630 30 15 15 NUM cblr-1765 630 31 already already ADV cblr-1765 630 32 has have VERB cblr-1765 630 33 a a DET cblr-1765 630 34 built build VERB cblr-1765 630 35 - - PUNCT cblr-1765 630 36 in in ADP cblr-1765 630 37 mechanism mechanism NOUN cblr-1765 630 38 to to PART cblr-1765 630 39 constrain constrain VERB cblr-1765 630 40 the the DET cblr-1765 630 41 ability ability NOUN cblr-1765 630 42 of of ADP cblr-1765 630 43 comi comi NOUN cblr-1765 630 44 selection selection NOUN cblr-1765 630 45 clauses clause NOUN cblr-1765 630 46 to to PART cblr-1765 630 47 threaten threaten VERB cblr-1765 630 48 the the DET cblr-1765 630 49 public public ADJ cblr-1765 630 50 good good NOUN cblr-1765 630 51 . . PUNCT cblr-1765 631 1 in in ADP cblr-1765 631 2 sum sum NOUN cblr-1765 631 3 , , PUNCT cblr-1765 631 4 comi comi NOUN cblr-1765 631 5 selection selection NOUN cblr-1765 631 6 clauses clause NOUN cblr-1765 631 7 offer offer VERB cblr-1765 631 8 a a DET cblr-1765 631 9 viable viable ADJ cblr-1765 631 10 means mean NOUN cblr-1765 631 11 to to PART cblr-1765 631 12 improve improve VERB cblr-1765 631 13 the the DET cblr-1765 631 14 efficiency efficiency NOUN cblr-1765 631 15 , , PUNCT cblr-1765 631 16 cooperation cooperation NOUN cblr-1765 631 17 , , PUNCT cblr-1765 631 18 and and CCONJ cblr-1765 631 19 ascertainment ascertainment NOUN cblr-1765 631 20 of of ADP cblr-1765 631 21 foreign foreign ADJ cblr-1765 631 22 proceedings proceeding NOUN cblr-1765 631 23 within within ADP cblr-1765 631 24 the the DET cblr-1765 631 25 framework framework NOUN cblr-1765 631 26 of of ADP cblr-1765 631 27 chapter chapter NOUN cblr-1765 631 28 15 15 NUM cblr-1765 631 29 and and CCONJ cblr-1765 631 30 in in ADP cblr-1765 631 31 compliance compliance NOUN cblr-1765 631 32 with with ADP cblr-1765 631 33 the the DET cblr-1765 631 34 in in ADP cblr-1765 631 35 re re PROPN cblr-1765 631 36 fairfield fairfield PROPN cblr-1765 631 37 sentry sentry PROPN cblr-1765 631 38 and and CCONJ cblr-1765 631 39 in in ADP cblr-1765 631 40 re re VERB cblr-1765 631 41 bear bear VERB cblr-1765 631 42 stearns stearn NOUN cblr-1765 631 43 rulings ruling NOUN cblr-1765 631 44 . . PUNCT cblr-1765 632 1 while while SCONJ cblr-1765 632 2 not not PART cblr-1765 632 3 eliminating eliminate VERB cblr-1765 632 4 forum forum NOUN cblr-1765 632 5 shopping shopping NOUN cblr-1765 632 6 , , PUNCT cblr-1765 632 7 they they PRON cblr-1765 632 8 144 144 NUM cblr-1765 632 9 if if SCONJ cblr-1765 632 10 comi comi NOUN cblr-1765 632 11 selection selection NOUN cblr-1765 632 12 clauses clause NOUN cblr-1765 632 13 are be AUX cblr-1765 632 14 included include VERB cblr-1765 632 15 in in ADP cblr-1765 632 16 contractual contractual ADJ cblr-1765 632 17 agreements agreement NOUN cblr-1765 632 18 , , PUNCT cblr-1765 632 19 this this DET cblr-1765 632 20 solution solution NOUN cblr-1765 632 21 clearly clearly ADV cblr-1765 632 22 functions function VERB cblr-1765 632 23 as as ADP cblr-1765 632 24 a a DET cblr-1765 632 25 private private ADJ cblr-1765 632 26 solution solution NOUN cblr-1765 632 27 between between ADP cblr-1765 632 28 the the DET cblr-1765 632 29 company company NOUN cblr-1765 632 30 and and CCONJ cblr-1765 632 31 third third ADJ cblr-1765 632 32 parties party NOUN cblr-1765 632 33 . . PUNCT cblr-1765 633 1 similarly similarly ADV cblr-1765 633 2 , , PUNCT cblr-1765 633 3 if if SCONJ cblr-1765 633 4 comi comi NOUN cblr-1765 633 5 selection selection NOUN cblr-1765 633 6 clauses clause NOUN cblr-1765 633 7 are be AUX cblr-1765 633 8 included include VERB cblr-1765 633 9 in in ADP cblr-1765 633 10 a a DET cblr-1765 633 11 company company NOUN cblr-1765 633 12 ’s ’s PART cblr-1765 633 13 charter charter NOUN cblr-1765 633 14 , , PUNCT cblr-1765 633 15 this this DET cblr-1765 633 16 solution solution NOUN cblr-1765 633 17 assumes assume VERB cblr-1765 633 18 parties party NOUN cblr-1765 633 19 will will AUX cblr-1765 633 20 take take VERB cblr-1765 633 21 them they PRON cblr-1765 633 22 into into ADP cblr-1765 633 23 account account NOUN cblr-1765 633 24 in in ADP cblr-1765 633 25 structuring structure VERB cblr-1765 633 26 contractual contractual ADJ cblr-1765 633 27 arrangements arrangement NOUN cblr-1765 633 28 . . PUNCT cblr-1765 634 1 for for ADP cblr-1765 634 2 either either DET cblr-1765 634 3 method method NOUN cblr-1765 634 4 of of ADP cblr-1765 634 5 comi comi NOUN cblr-1765 634 6 selection selection NOUN cblr-1765 634 7 clauses clause NOUN cblr-1765 634 8 to to PART cblr-1765 634 9 prove prove VERB cblr-1765 634 10 successful successful ADJ cblr-1765 634 11 , , PUNCT cblr-1765 634 12 the the DET cblr-1765 634 13 burden burden NOUN cblr-1765 634 14 is be AUX cblr-1765 634 15 placed place VERB cblr-1765 634 16 largely largely ADV cblr-1765 634 17 on on ADP cblr-1765 634 18 private private ADJ cblr-1765 634 19 actors actor NOUN cblr-1765 634 20 . . PUNCT cblr-1765 635 1 145 145 NUM cblr-1765 635 2 see see VERB cblr-1765 635 3 westbrook westbrook NOUN cblr-1765 635 4 , , PUNCT cblr-1765 635 5 supra supra PROPN cblr-1765 635 6 note note NOUN cblr-1765 635 7 98 98 NUM cblr-1765 635 8 , , PUNCT cblr-1765 635 9 at at ADP cblr-1765 635 10 170 170 NUM cblr-1765 635 11 ( ( PUNCT cblr-1765 635 12 “ " PUNCT cblr-1765 635 13 [ [ X cblr-1765 635 14 i]t i]t PROPN cblr-1765 635 15 is be AUX cblr-1765 635 16 self self NOUN cblr-1765 635 17 - - PUNCT cblr-1765 635 18 evident evident ADJ cblr-1765 635 19 that that SCONJ cblr-1765 635 20 bankruptcy bankruptcy NOUN cblr-1765 635 21 has have VERB cblr-1765 635 22 public public ADJ cblr-1765 635 23 purposes purpose NOUN cblr-1765 635 24 that that PRON cblr-1765 635 25 go go VERB cblr-1765 635 26 beyond beyond ADP cblr-1765 635 27 the the DET cblr-1765 635 28 needs need NOUN cblr-1765 635 29 of of ADP cblr-1765 635 30 the the DET cblr-1765 635 31 direct direct ADJ cblr-1765 635 32 stakeholders stakeholder NOUN cblr-1765 635 33 in in ADP cblr-1765 635 34 the the DET cblr-1765 635 35 economic economic ADJ cblr-1765 635 36 entity entity NOUN cblr-1765 635 37 that that PRON cblr-1765 635 38 is be AUX cblr-1765 635 39 in in ADP cblr-1765 635 40 financial financial ADJ cblr-1765 635 41 difficulty difficulty NOUN cblr-1765 635 42 . . PUNCT cblr-1765 636 1 to to PART cblr-1765 636 2 pick pick VERB cblr-1765 636 3 the the DET cblr-1765 636 4 obvious obvious ADJ cblr-1765 636 5 example example NOUN cblr-1765 636 6 , , PUNCT cblr-1765 636 7 the the DET cblr-1765 636 8 community community NOUN cblr-1765 636 9 has have VERB cblr-1765 636 10 an an DET cblr-1765 636 11 interest interest NOUN cblr-1765 636 12 in in ADP cblr-1765 636 13 employment employment NOUN cblr-1765 636 14 that that PRON cblr-1765 636 15 is be AUX cblr-1765 636 16 more more ADV cblr-1765 636 17 extensive extensive ADJ cblr-1765 636 18 than than ADP cblr-1765 636 19 the the DET cblr-1765 636 20 immediate immediate ADJ cblr-1765 636 21 interests interest NOUN cblr-1765 636 22 of of ADP cblr-1765 636 23 employees employee NOUN cblr-1765 636 24 that that PRON cblr-1765 636 25 might might AUX cblr-1765 636 26 be be AUX cblr-1765 636 27 displaced displace VERB cblr-1765 636 28 . . PUNCT cblr-1765 637 1 that that DET cblr-1765 637 2 displacement displacement NOUN cblr-1765 637 3 may may AUX cblr-1765 637 4 cripple cripple VERB cblr-1765 637 5 the the DET cblr-1765 637 6 economy economy NOUN cblr-1765 637 7 of of ADP cblr-1765 637 8 an an DET cblr-1765 637 9 entire entire ADJ cblr-1765 637 10 community community NOUN cblr-1765 637 11 and and CCONJ cblr-1765 637 12 might might AUX cblr-1765 637 13 have have VERB cblr-1765 637 14 a a DET cblr-1765 637 15 domino domino NOUN cblr-1765 637 16 effect effect NOUN cblr-1765 637 17 on on ADP cblr-1765 637 18 other other ADJ cblr-1765 637 19 businesses business NOUN cblr-1765 637 20 in in ADP cblr-1765 637 21 that that DET cblr-1765 637 22 community community NOUN cblr-1765 637 23 . . PUNCT cblr-1765 637 24 ” " PUNCT cblr-1765 637 25 ) ) PUNCT cblr-1765 637 26 . . PUNCT cblr-1765 638 1 146 146 NUM cblr-1765 638 2 recognition recognition NOUN cblr-1765 638 3 is be AUX cblr-1765 638 4 subject subject ADJ cblr-1765 638 5 to to ADP cblr-1765 638 6 § § PROPN cblr-1765 638 7 1506 1506 NUM cblr-1765 638 8 , , PUNCT cblr-1765 638 9 which which PRON cblr-1765 638 10 allows allow VERB cblr-1765 638 11 courts court NOUN cblr-1765 638 12 to to PART cblr-1765 638 13 refuse refuse VERB cblr-1765 638 14 to to PART cblr-1765 638 15 take take VERB cblr-1765 638 16 any any DET cblr-1765 638 17 action action NOUN cblr-1765 638 18 governed govern VERB cblr-1765 638 19 by by ADP cblr-1765 638 20 chapter chapter NOUN cblr-1765 638 21 15 15 NUM cblr-1765 638 22 if if SCONJ cblr-1765 638 23 that that DET cblr-1765 638 24 action action NOUN cblr-1765 638 25 would would AUX cblr-1765 638 26 be be AUX cblr-1765 638 27 manifestly manifestly ADV cblr-1765 638 28 contrary contrary ADJ cblr-1765 638 29 to to ADP cblr-1765 638 30 the the DET cblr-1765 638 31 public public ADJ cblr-1765 638 32 policy policy NOUN cblr-1765 638 33 of of ADP cblr-1765 638 34 the the DET cblr-1765 638 35 united united PROPN cblr-1765 638 36 states states PROPN cblr-1765 638 37 . . PUNCT cblr-1765 639 1 11 11 NUM cblr-1765 639 2 u.s.c u.s.c NOUN cblr-1765 639 3 . . PUNCT cblr-1765 640 1 § § PROPN cblr-1765 640 2 1506 1506 NUM cblr-1765 640 3 ( ( PUNCT cblr-1765 640 4 2012 2012 NUM cblr-1765 640 5 ) ) PUNCT cblr-1765 640 6 . . PUNCT cblr-1765 641 1 however however ADV cblr-1765 641 2 , , PUNCT cblr-1765 641 3 § § PROPN cblr-1765 641 4 1506 1506 NUM cblr-1765 641 5 has have AUX cblr-1765 641 6 been be AUX cblr-1765 641 7 read read VERB cblr-1765 641 8 extremely extremely ADV cblr-1765 641 9 narrowly narrowly ADV cblr-1765 641 10 and and CCONJ cblr-1765 641 11 rarely rarely ADV cblr-1765 641 12 will will AUX cblr-1765 641 13 factor factor VERB cblr-1765 641 14 into into ADP cblr-1765 641 15 recognition recognition NOUN cblr-1765 641 16 analysis analysis NOUN cblr-1765 641 17 . . PUNCT cblr-1765 642 1 see see VERB cblr-1765 642 2 11 11 NUM cblr-1765 642 3 u.s.c u.s.c ADJ cblr-1765 642 4 . . PUNCT cblr-1765 643 1 § § PROPN cblr-1765 643 2 1517 1517 NUM cblr-1765 643 3 ( ( PUNCT cblr-1765 643 4 2012 2012 NUM cblr-1765 643 5 ) ) PUNCT cblr-1765 643 6 ; ; PUNCT cblr-1765 643 7 in in ADP cblr-1765 643 8 re re PROPN cblr-1765 643 9 fairfield fairfield PROPN cblr-1765 643 10 sentry sentry PROPN cblr-1765 643 11 ltd ltd PROPN cblr-1765 643 12 . . PROPN cblr-1765 643 13 , , PUNCT cblr-1765 643 14 714 714 NUM cblr-1765 643 15 f.3d f.3d NUM cblr-1765 643 16 127 127 NUM cblr-1765 643 17 , , PUNCT cblr-1765 643 18 139 139 NUM cblr-1765 643 19 ( ( PUNCT cblr-1765 643 20 2d 2d NUM cblr-1765 643 21 cir cir NOUN cblr-1765 643 22 . . PROPN cblr-1765 643 23 2013 2013 NUM cblr-1765 643 24 ) ) PUNCT cblr-1765 643 25 ( ( PUNCT cblr-1765 643 26 “ " PUNCT cblr-1765 643 27 the the DET cblr-1765 643 28 statutory statutory ADJ cblr-1765 643 29 wording wording NOUN cblr-1765 643 30 requires require VERB cblr-1765 643 31 a a DET cblr-1765 643 32 narrow narrow ADJ cblr-1765 643 33 reading reading NOUN cblr-1765 643 34 . . PUNCT cblr-1765 644 1 section section NOUN cblr-1765 644 2 1506 1506 NUM cblr-1765 644 3 does do AUX cblr-1765 644 4 not not PART cblr-1765 644 5 create create VERB cblr-1765 644 6 an an DET cblr-1765 644 7 exception exception NOUN cblr-1765 644 8 for for ADP cblr-1765 644 9 any any DET cblr-1765 644 10 action action NOUN cblr-1765 644 11 under under ADP cblr-1765 644 12 chapter chapter NOUN cblr-1765 644 13 15 15 NUM cblr-1765 644 14 that that PRON cblr-1765 644 15 may may AUX cblr-1765 644 16 conflict conflict VERB cblr-1765 644 17 with with ADP cblr-1765 644 18 public public ADJ cblr-1765 644 19 policy policy NOUN cblr-1765 644 20 , , PUNCT cblr-1765 644 21 but but CCONJ cblr-1765 644 22 only only ADV cblr-1765 644 23 an an DET cblr-1765 644 24 action action NOUN cblr-1765 644 25 that that PRON cblr-1765 644 26 is be AUX cblr-1765 644 27 ‘ ' PUNCT cblr-1765 644 28 manifestly manifestly ADV cblr-1765 644 29 contrary contrary ADJ cblr-1765 644 30 . . PUNCT cblr-1765 644 31 ’ ' PUNCT cblr-1765 644 32 ) ) PUNCT cblr-1765 644 33 . . PUNCT cblr-1765 645 1 hallock hallock NOUN cblr-1765 645 2 – – PUNCT cblr-1765 645 3 final final ADJ cblr-1765 645 4 1118 1118 NUM cblr-1765 645 5 columbia columbia PROPN cblr-1765 645 6 business business NOUN cblr-1765 645 7 law law PROPN cblr-1765 645 8 review review NOUN cblr-1765 645 9 [ [ X cblr-1765 645 10 vol vol NOUN cblr-1765 645 11 . . NOUN cblr-1765 645 12 2015 2015 NUM cblr-1765 645 13 offer offer VERB cblr-1765 645 14 a a DET cblr-1765 645 15 means means NOUN cblr-1765 645 16 of of ADP cblr-1765 645 17 diminishing diminish VERB cblr-1765 645 18 its its PRON cblr-1765 645 19 impact impact NOUN cblr-1765 645 20 on on ADP cblr-1765 645 21 creditors creditor NOUN cblr-1765 645 22 . . PUNCT cblr-1765 646 1 despite despite SCONJ cblr-1765 646 2 these these DET cblr-1765 646 3 benefits benefit NOUN cblr-1765 646 4 , , PUNCT cblr-1765 646 5 comi comi NOUN cblr-1765 646 6 selection selection NOUN cblr-1765 646 7 clauses clause NOUN cblr-1765 646 8 may may AUX cblr-1765 646 9 pose pose VERB cblr-1765 646 10 a a DET cblr-1765 646 11 threat threat NOUN cblr-1765 646 12 to to ADP cblr-1765 646 13 the the DET cblr-1765 646 14 balance balance NOUN cblr-1765 646 15 between between ADP cblr-1765 646 16 private private ADJ cblr-1765 646 17 and and CCONJ cblr-1765 646 18 public public ADJ cblr-1765 646 19 involvement involvement NOUN cblr-1765 646 20 in in ADP cblr-1765 646 21 insolvency insolvency NOUN cblr-1765 646 22 proceedings proceeding NOUN cblr-1765 646 23 . . PUNCT cblr-1765 647 1 furthermore furthermore ADV cblr-1765 647 2 , , PUNCT cblr-1765 647 3 they they PRON cblr-1765 647 4 raise raise VERB cblr-1765 647 5 numerous numerous ADJ cblr-1765 647 6 questions question NOUN cblr-1765 647 7 that that PRON cblr-1765 647 8 must must AUX cblr-1765 647 9 be be AUX cblr-1765 647 10 answered answer VERB cblr-1765 647 11 by by ADP cblr-1765 647 12 congress congress PROPN cblr-1765 647 13 or or CCONJ cblr-1765 647 14 courts court NOUN cblr-1765 647 15 to to PART cblr-1765 647 16 ensure ensure VERB cblr-1765 647 17 their their PRON cblr-1765 647 18 proper proper ADJ cblr-1765 647 19 function function NOUN cblr-1765 647 20 — — PUNCT cblr-1765 647 21 including include VERB cblr-1765 647 22 whether whether SCONJ cblr-1765 647 23 selection selection NOUN cblr-1765 647 24 clauses clause NOUN cblr-1765 647 25 would would AUX cblr-1765 647 26 be be AUX cblr-1765 647 27 adopted adopt VERB cblr-1765 647 28 via via ADP cblr-1765 647 29 charter charter NOUN cblr-1765 647 30 or or CCONJ cblr-1765 647 31 at at ADP cblr-1765 647 32 the the DET cblr-1765 647 33 time time NOUN cblr-1765 647 34 of of ADP cblr-1765 647 35 contractual contractual ADJ cblr-1765 647 36 agreements agreement NOUN cblr-1765 647 37 , , PUNCT cblr-1765 647 38 whether whether SCONJ cblr-1765 647 39 they they PRON cblr-1765 647 40 would would AUX cblr-1765 647 41 be be AUX cblr-1765 647 42 mandatory mandatory ADJ cblr-1765 647 43 or or CCONJ cblr-1765 647 44 optional optional ADJ cblr-1765 647 45 for for ADP cblr-1765 647 46 all all DET cblr-1765 647 47 companies company NOUN cblr-1765 647 48 , , PUNCT cblr-1765 647 49 and and CCONJ cblr-1765 647 50 what what DET cblr-1765 647 51 mechanisms mechanism NOUN cblr-1765 647 52 to to PART cblr-1765 647 53 implement implement VERB cblr-1765 647 54 for for ADP cblr-1765 647 55 altering alter VERB cblr-1765 647 56 clauses clause NOUN cblr-1765 647 57 once once SCONJ cblr-1765 647 58 they they PRON cblr-1765 647 59 are be AUX cblr-1765 647 60 incorporated.147 incorporated.147 NOUN cblr-1765 647 61 v. v. ADP cblr-1765 647 62 conclusion conclusion NOUN cblr-1765 647 63 in in ADP cblr-1765 647 64 sum sum NOUN cblr-1765 647 65 , , PUNCT cblr-1765 647 66 the the DET cblr-1765 647 67 court court NOUN cblr-1765 647 68 of of ADP cblr-1765 647 69 appeals appeal NOUN cblr-1765 647 70 ruling ruling NOUN cblr-1765 647 71 in in ADP cblr-1765 647 72 in in ADP cblr-1765 647 73 re re PROPN cblr-1765 647 74 fairfield fairfield PROPN cblr-1765 647 75 sentry sentry PROPN cblr-1765 647 76 that that PRON cblr-1765 647 77 a a DET cblr-1765 647 78 debtor debtor NOUN cblr-1765 647 79 ’s ’s PART cblr-1765 647 80 comi comi NOUN cblr-1765 647 81 is be AUX cblr-1765 647 82 determined determine VERB cblr-1765 647 83 at at ADP cblr-1765 647 84 the the DET cblr-1765 647 85 time time NOUN cblr-1765 647 86 of of ADP cblr-1765 647 87 the the DET cblr-1765 647 88 filing filing NOUN cblr-1765 647 89 of of ADP cblr-1765 647 90 the the DET cblr-1765 647 91 chapter chapter NOUN cblr-1765 647 92 15 15 NUM cblr-1765 647 93 has have VERB cblr-1765 647 94 significant significant ADJ cblr-1765 647 95 ramifications ramification NOUN cblr-1765 647 96 for for ADP cblr-1765 647 97 recognition recognition NOUN cblr-1765 647 98 proceedings proceeding NOUN cblr-1765 647 99 in in ADP cblr-1765 647 100 the the DET cblr-1765 647 101 second second ADJ cblr-1765 647 102 circuit circuit NOUN cblr-1765 647 103 . . PUNCT cblr-1765 648 1 the the DET cblr-1765 648 2 decision decision NOUN cblr-1765 648 3 significantly significantly ADV cblr-1765 648 4 increases increase VERB cblr-1765 648 5 the the DET cblr-1765 648 6 likelihood likelihood NOUN cblr-1765 648 7 of of ADP cblr-1765 648 8 forum forum NOUN cblr-1765 648 9 shopping shop VERB cblr-1765 648 10 and and CCONJ cblr-1765 648 11 renders render VERB cblr-1765 648 12 it it PRON cblr-1765 648 13 nearly nearly ADV cblr-1765 648 14 impossible impossible ADJ cblr-1765 648 15 for for SCONJ cblr-1765 648 16 creditors creditor NOUN cblr-1765 648 17 to to PART cblr-1765 648 18 ascertain ascertain VERB cblr-1765 648 19 a a DET cblr-1765 648 20 debtor debtor NOUN cblr-1765 648 21 ’s ’s PART cblr-1765 648 22 comi comi NOUN cblr-1765 648 23 throughout throughout ADP cblr-1765 648 24 the the DET cblr-1765 648 25 life life NOUN cblr-1765 648 26 of of ADP cblr-1765 648 27 a a DET cblr-1765 648 28 company company NOUN cblr-1765 648 29 . . PUNCT cblr-1765 649 1 for for ADP cblr-1765 649 2 this this DET cblr-1765 649 3 reason reason NOUN cblr-1765 649 4 , , PUNCT cblr-1765 649 5 it it PRON cblr-1765 649 6 is be AUX cblr-1765 649 7 crucial crucial ADJ cblr-1765 649 8 for for SCONJ cblr-1765 649 9 courts court NOUN cblr-1765 649 10 in in ADP cblr-1765 649 11 the the DET cblr-1765 649 12 second second ADJ cblr-1765 649 13 circuit circuit NOUN cblr-1765 649 14 to to PART cblr-1765 649 15 adopt adopt VERB cblr-1765 649 16 procedures procedure NOUN cblr-1765 649 17 to to PART cblr-1765 649 18 mitigate mitigate VERB cblr-1765 649 19 the the DET cblr-1765 649 20 negative negative ADJ cblr-1765 649 21 repercussions repercussion NOUN cblr-1765 649 22 of of ADP cblr-1765 649 23 in in ADP cblr-1765 649 24 re re PROPN cblr-1765 649 25 fairfield fairfield PROPN cblr-1765 649 26 sentry sentry PROPN cblr-1765 649 27 . . PUNCT cblr-1765 650 1 though though SCONJ cblr-1765 650 2 inquiries inquiry NOUN cblr-1765 650 3 into into ADP cblr-1765 650 4 a a DET cblr-1765 650 5 debtor debtor NOUN cblr-1765 650 6 ’s ’s PART cblr-1765 650 7 operational operational ADJ cblr-1765 650 8 history history NOUN cblr-1765 650 9 and and CCONJ cblr-1765 650 10 potential potential ADJ cblr-1765 650 11 bad bad ADJ cblr-1765 650 12 faith faith NOUN cblr-1765 650 13 manipulation manipulation NOUN cblr-1765 650 14 directly directly ADV cblr-1765 650 15 target target VERB cblr-1765 650 16 forum forum PROPN cblr-1765 650 17 shopping shopping NOUN cblr-1765 650 18 , , PUNCT cblr-1765 650 19 these these DET cblr-1765 650 20 mechanisms mechanism NOUN cblr-1765 650 21 have have AUX cblr-1765 650 22 proven prove VERB cblr-1765 650 23 largely largely ADV cblr-1765 650 24 unworkable unworkable ADJ cblr-1765 650 25 in in ADP cblr-1765 650 26 courts court NOUN cblr-1765 650 27 . . PUNCT cblr-1765 651 1 accordingly accordingly ADV cblr-1765 651 2 , , PUNCT cblr-1765 651 3 an an DET cblr-1765 651 4 approach approach NOUN cblr-1765 651 5 such such ADJ cblr-1765 651 6 as as ADP cblr-1765 651 7 requiring require VERB cblr-1765 651 8 companies company NOUN cblr-1765 651 9 to to PART cblr-1765 651 10 adopt adopt VERB cblr-1765 651 11 comi comi NOUN cblr-1765 651 12 selection selection NOUN cblr-1765 651 13 clauses clause NOUN cblr-1765 651 14 designed design VERB cblr-1765 651 15 to to PART cblr-1765 651 16 manage manage VERB cblr-1765 651 17 the the DET cblr-1765 651 18 negative negative ADJ cblr-1765 651 19 consequences consequence NOUN cblr-1765 651 20 of of ADP cblr-1765 651 21 in in ADP cblr-1765 651 22 re re PROPN cblr-1765 651 23 fairfield fairfield PROPN cblr-1765 651 24 sentry sentry PROPN cblr-1765 651 25 , , PUNCT cblr-1765 651 26 rather rather ADV cblr-1765 651 27 than than ADP cblr-1765 651 28 directly directly ADV cblr-1765 651 29 oppose oppose VERB cblr-1765 651 30 them they PRON cblr-1765 651 31 , , PUNCT cblr-1765 651 32 may may AUX cblr-1765 651 33 be be AUX cblr-1765 651 34 more more ADV cblr-1765 651 35 desirable desirable ADJ cblr-1765 651 36 . . PUNCT cblr-1765 652 1 by by ADP cblr-1765 652 2 rendering render VERB cblr-1765 652 3 companies company NOUN cblr-1765 652 4 ’ ' PUNCT cblr-1765 652 5 comi comi NOUN cblr-1765 652 6 ascertainable ascertainable ADJ cblr-1765 652 7 to to ADP cblr-1765 652 8 third third ADJ cblr-1765 652 9 parties party NOUN cblr-1765 652 10 at at ADP cblr-1765 652 11 the the DET cblr-1765 652 12 time time NOUN cblr-1765 652 13 they they PRON cblr-1765 652 14 enter enter VERB cblr-1765 652 15 into into ADP cblr-1765 652 16 agreements agreement NOUN cblr-1765 652 17 , , PUNCT cblr-1765 652 18 comi comi NOUN cblr-1765 652 19 selection selection NOUN cblr-1765 652 20 clauses clause NOUN cblr-1765 652 21 provide provide VERB cblr-1765 652 22 the the DET cblr-1765 652 23 best good ADJ cblr-1765 652 24 147 147 NUM cblr-1765 652 25 presumably presumably ADV cblr-1765 652 26 , , PUNCT cblr-1765 652 27 interested interested ADJ cblr-1765 652 28 parties party NOUN cblr-1765 652 29 would would AUX cblr-1765 652 30 have have VERB cblr-1765 652 31 to to PART cblr-1765 652 32 agree agree VERB cblr-1765 652 33 to to PART cblr-1765 652 34 shift shift VERB cblr-1765 652 35 from from ADP cblr-1765 652 36 the the DET cblr-1765 652 37 comi comi NOUN cblr-1765 652 38 selected select VERB cblr-1765 652 39 in in ADP cblr-1765 652 40 the the DET cblr-1765 652 41 clause clause NOUN cblr-1765 652 42 . . PUNCT cblr-1765 653 1 however however ADV cblr-1765 653 2 , , PUNCT cblr-1765 653 3 there there PRON cblr-1765 653 4 are be VERB cblr-1765 653 5 many many ADJ cblr-1765 653 6 questions question NOUN cblr-1765 653 7 that that PRON cblr-1765 653 8 would would AUX cblr-1765 653 9 need need VERB cblr-1765 653 10 to to PART cblr-1765 653 11 be be AUX cblr-1765 653 12 answered answer VERB cblr-1765 653 13 before before SCONJ cblr-1765 653 14 a a DET cblr-1765 653 15 comi comi NOUN cblr-1765 653 16 selection selection NOUN cblr-1765 653 17 clause clause NOUN cblr-1765 653 18 scheme scheme NOUN cblr-1765 653 19 could could AUX cblr-1765 653 20 function function VERB cblr-1765 653 21 effectively effectively ADV cblr-1765 653 22 . . PUNCT cblr-1765 654 1 who who PRON cblr-1765 654 2 qualifies qualify VERB cblr-1765 654 3 as as ADP cblr-1765 654 4 an an DET cblr-1765 654 5 interested interested ADJ cblr-1765 654 6 party party NOUN cblr-1765 654 7 ? ? PUNCT cblr-1765 655 1 must must AUX cblr-1765 655 2 such such ADJ cblr-1765 655 3 votes vote NOUN cblr-1765 655 4 be be AUX cblr-1765 655 5 unanimous unanimous ADJ cblr-1765 655 6 or or CCONJ cblr-1765 655 7 just just ADV cblr-1765 655 8 a a DET cblr-1765 655 9 certain certain ADJ cblr-1765 655 10 percentage percentage NOUN cblr-1765 655 11 of of ADP cblr-1765 655 12 voters voter NOUN cblr-1765 655 13 ? ? PUNCT cblr-1765 656 1 must must AUX cblr-1765 656 2 courts court NOUN cblr-1765 656 3 approve approve VERB cblr-1765 656 4 shifts shift NOUN cblr-1765 656 5 ? ? PUNCT cblr-1765 657 1 hallock hallock NOUN cblr-1765 657 2 – – PUNCT cblr-1765 657 3 final final ADJ cblr-1765 657 4 no no NOUN cblr-1765 657 5 . . PUNCT cblr-1765 658 1 3:1074 3:1074 NUM cblr-1765 658 2 ] ] PUNCT cblr-1765 658 3 time time NOUN cblr-1765 658 4 out out ADP cblr-1765 658 5 1119 1119 NUM cblr-1765 658 6 mechanism mechanism NOUN cblr-1765 658 7 for for ADP cblr-1765 658 8 allowing allow VERB cblr-1765 658 9 potential potential ADJ cblr-1765 658 10 creditors creditor NOUN cblr-1765 658 11 to to PART cblr-1765 658 12 mitigate mitigate VERB cblr-1765 658 13 the the DET cblr-1765 658 14 risks risk NOUN cblr-1765 658 15 of of ADP cblr-1765 658 16 forum forum NOUN cblr-1765 658 17 shopping shopping NOUN cblr-1765 658 18 . . PUNCT