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Irish Bank Reps Say Ch. 15 Suit Has No American Nexus

Law360 (September 14, 2018, 8:06 PM EDT) -- The foreign representatives of Chapter 15 debtor Irish Bank Resolution Corp. Ltd. objected Friday to a move by an Irish creditor to lift the automatic stay of litigation to allow the creditor to move forward with an adversary proceeding in Delaware, saying the loans at issue in the complaint are governed by Irish law.

In the objection, foreign representatives Kieran Wallace and Eamonn Richardson said the move by creditor Clarendon Properties Ltd. and its principals to have the automatic stay lifted for it to pursue an...
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