11 U.S.C. § 1523 — Actions to avoid acts detrimental to creditors

(a) Upon recognition of a foreign proceeding, the foreign representative has standing in a case concerning the debtor pending under another chapter of this title to initiate actions under sections 522, 544, 545, 547, 548, 550, 553, and 724(a). (b) When a foreign proceeding is a foreign nonmain proceeding , the court must be satisfied that an action under subsection (a) relates to assets that, under United States law, should be administered in the foreign nonmain proceeding . (Added Pub. L. 109–8, title VIII, § 801(a) , Apr. 20, 2005 , 119 Stat. 142 .) 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 .

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