COMI Sense Prevails: U.S. Court Finds Canada as COMI in Iovate Case

Jessica Cameron, Tiffany Bennett and Mariah Kozyra of Fasken reveal that the U.S. Bankruptcy Court recently held that an American affiliate’s centre of main interest was in Canada, rebutting the presumption tied to its Delaware registration and confirming a holistic, functional approach to COMI analysis that reflects how cross-border enterprises actually operate.

Read more.