The purpose of Chapter 15 of the U.S. Bankruptcy Code is to prioritize the payment of creditors.

Name: The purpose of Chapter 15 of the U.S. Bankruptcy Code is to prioritize the payment of creditors.
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Chapter 15 of the U.S. Bankruptcy Code is designed to provide a mechanism for dealing with cross-border insolvency cases, facilitating cooperation between U.S. courts and parties of interest with those of other countries involved in the insolvency.

The Purpose of Chapter 15 of the U