Title 11 — BankruptcyRelease 119-73
§1522 Protection of creditors and other interested persons
Title 11 › Chapter CHAPTER 15— - ANCILLARY AND OTHER CROSS-BORDER CASES › Subchapter SUBCHAPTER III— - RECOGNITION OF A FOREIGN PROCEEDING AND RELIEF › § 1522
Summary
Courts may grant, modify, or end relief under 1519 or 1521 only if creditors and others, including debtor, are protected. Courts may require security or bond, modify 1520(a)(3); 1104(d) and 322 apply to examiners.
Full Legal Text
Title 11, §1522
Bankruptcy — Source: USLM XML via OLRC
(a)The court may grant relief under section 1519 or 1521, or may modify or terminate relief under subsection (c), only if the interests of the creditors and other interested entities, including the debtor, are sufficiently protected.
(b)The court may subject relief granted under section 1519 or 1521, or the operation of the debtor’s business under section 1520(a)(3), to conditions it considers appropriate, including the giving of security or the filing of a bond.
(c)The court may, at the request of the foreign representative or an entity affected by relief granted under section 1519 or 1521, or at its own motion, modify or terminate such relief.
(d)section 1104(d) shall apply to the appointment of an examiner under this chapter. Any examiner shall comply with the qualification requirements imposed on a trustee by section 322.
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
Effective Date
Section effective 180 days after Apr. 20, 2005, and not applicable with respect to cases commenced under this title before such
Effective Date
, except as otherwise provided, see section 1501 of Pub. L. 109–8, set out as an
Effective Date
of 2005 Amendment note under section 101 of this title.
Reference
Citations & Metadata
Citation
11 U.S.C. § 1522
Title 11 — Bankruptcy
Last Updated
Apr 6, 2026
Release point: 119-73