Chapter 15 of the Bankruptcy Code offers an effective mechanism for U.S. courts to provide assistance to non-U.S.

Under chapter 15, the "foreign representative" of a non-U.S. debtor may file a petition in a U.S. bankruptcy court seeking "recognition" of a "foreign proceeding."

https://www.jonesday.com/en/insights/2017/03/chapter-15-inap...


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Note added at 1 hr (2023-08-23 16:06:50 GMT)
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The primary goal of Chapter 15 bankruptcy is to promote cooperation among U.S. courts, their appointed representatives, and foreign courts and to make legal proceedings of international bankruptcies more predictable and fair for debtors and creditors.

https://www.investopedia.com/terms/c/chapter-15.asp