'Bankruptcy Tourism' Ruling Prompts New Ch. 15 Challenges

By Alex Wittenberg · October 13, 2026, 2:39 PM EDT

A New York federal court decision that warned of "bankruptcy tourism" in Chapter 15 cases has given creditors new recourse to object to cross-border restructurings, landing at a moment when more...

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Case Information

Case Title

NFE Global Holdings Limited and Christopher Boas

Case Number

1:26-bk-11268

Court

New York Southern

Nature of Suit

Date Filed

May 28, 2026


Case Title

Oriel Bachar and Papaya Gaming Ltd.

Case Number

1:26-bk-11217

Court

Delaware

Nature of Suit

Date Filed

August 02, 2026