11 USC 1531: Presumption of insolvency based on recognition of a foreign main proceeding
Text contains those laws in effect on January 7, 2011
From Title 11-BANKRUPTCYCHAPTER 15-ANCILLARY AND OTHER CROSS-BORDER CASESSUBCHAPTER V-CONCURRENT PROCEEDINGS
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§1531. Presumption of insolvency based on recognition of a foreign main proceeding
In the absence of evidence to the contrary, recognition of a foreign main proceeding is, for the purpose of commencing a proceeding under section 303, proof that the debtor is generally not paying its debts as such debts become due.
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