Legal Opinion

In Re Betcorp Ltd.

United States Bankruptcy Court, D. Nevada

Decided February 9, 2009No. 19-10606PublishedCited by 40 opinions

1Opinion of the Court

OPINION ON PETITION FOR RECOGNITION

BRUCE A. MARKELL, Bankruptcy Judge.

Table of Contents

I. Introduction .271

II. BaCKGRound .271

A. Betcorp’s Gaming Operations and Corporate Governance.272

B. Changes in United States Gaming Law, Betcorp’s Cessation of Operations, and Its Subsequent Winding Up.273

C. 1st Technology’s Claim.274

III. RECOGNITION OF BETCORP’S WINDING Up.275

A. Is Betcorp’s Winding Up a “Foreign Proceeding” as Defined by 11 U.S.C. § 101(23)?.275

1. A “Proceeding”.277

2. Judicial or Administrative in Character.280

3. A Collective Proceeding.281

A Located in a Foreign Country.281

5. Authorized…

2Cases cited9 opinions

  1. In Re Bear Stearns High-Grade Structured Credit Strategies Master Fund, Ltd.District Court, S.D. New York · 2008
  2. In Re SPhinX, Ltd.United States Bankruptcy Court, S.D. New York · 2006
  3. In Re Bear Stearns High-Grade Structured Credit Strategies Master Fund, Ltd.United States Bankruptcy Court, S.D. New York · 2007
  4. In Re Tri-Continental Exchange Ltd.United States Bankruptcy Court, E.D. California · 2006
  5. In Re Basis Yield Alphs Fund (Master)United States Bankruptcy Court, S.D. New York · 2008

4 more not listed; retrieve them via the Exa API.

3Cited by40 opinions

  1. Morning Mist Holdings Ltd. v. KrysCourt of Appeals for the Second Circuit · 2013
  2. Lavie v. Ran (In Re Ran)Court of Appeals for the Fifth Circuit · 2010
  3. In re Oi Brasil Holdings Coöperatief U.A.United States Bankruptcy Court, S.D. New York · 2017
  4. In Re: RCS Capital Development v.Court of Appeals for the Third Circuit · 2013
  5. In Re British American Ins. Co. Ltd.United States Bankruptcy Court, S.D. Florida. · 2010

35 more not listed; retrieve them via the Exa API.

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