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IN RE MODERN LAND (CHINA) CO., LTD.

Case No. 22-10707 (MG).

641 B.R. 768 (2022)

IN RE: MODERN LAND (CHINA) CO., LTD., Debtor in a Foreign Proceeding.

United States Bankruptcy Court, S.D. New York.

Signed July 22, 2022.

Attorney(s) appearing for the Case

SIDLEY AUSTIN LLP, Counsel to the Foreign Representative, 787 Seventh Avenue, New York, NY 10019, By: Anthony Grossi, Esq.

MAPLES AND CALDER (CAYMAN) LLP, Attorneys for Debtor in a Foreign Proceeding for the Cayman Islands, Ugland House, South Church Street, Grand Cayman, KYI-1104, By: Caroline Moran .

KIRKLAND ELLIS LLP, Attorneys for the Ad Hoc Group, 26th Floor, Gloucester Tower, the Landma, 15 Queen's Road Central, Hong Kong, 00000, By: Willa Wang, Esq.

KIRKLAND ELLIS LLP, Attorneys for the Ad Hoc Group, 300 N. Lasalle, Chicago, IL 60654, By: Heidi Hockberger, Esq.

MEMORANDUM OPINION GRANTING MOTION FOR RECOGNITION AND RELATED RELIEF

This case raises the important questions of whether and when, under Chapter 15 of the Bankruptcy Code, a bankruptcy court may recognize and enforce a scheme of arrangement sanctioned by a court...

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