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As to 3rd parties that were not subject to the Brazilian expansion order, the insolvency court in Petroforte held the trustee might be entitled to broad exploration to the level the borrower is a bulk investor in the non-debtor exploration target.

Area 1106 of the Insolvency Code needs the trustee to submit a strategy "as soon as practicable" or, conversely, to submit a report describing why a plan will certainly not be submitted or to suggest that the case be transformed to an additional phase or disregarded.

Yet filing a proof of case is not necessary if the creditor's case is arranged (yet is not provided as challenged, section, or unliquidated by the debtor) because the borrower's schedules are considered to make up evidence of the validity and amount of those claims.

On demand of a financial institution with an insurance claim safeguarded by the solitary asset realty and after notification and a hearing, the court will grant relief from the automated stay to the financial institution unless the debtor submits a practical plan of reorganization or starts making interest repayments to the financial institution within 90 days from the date of the declaring of the situation, or within one month of the court's determination that the situation is a solitary asset real estate instance.

An instance secondary to a pending bankruptcy case in an international country is started by a foreign rep" under phase 15. The foreign rep has the right of straight access to United States courts for the purpose of submitting a petition for acknowledgment of an international proceeding" 11 U.S.C. § § 1504 and 1509.