On February 15, 2016, the court appointed insolvency administrator of Maple Bank GmbH and putative foreign representative of Maple Bank GmbH under Chapter 15 U.S. Bankruptcy Code filed the Verified Petition for Recognition of Foreign Proceeding and Motion for Order Granting Related Relief (together, the "Verified Petition") pending before the United States Bankruptcy Court for the Southern District of New York and captioned In re Maple Bank GmbH, Case No. 16-10336 (MG) (Bankr. S.D.N.Y.). The Verified Petition seeks, among other things, the entry of an order (i) recognizing Maple Bank's insolvency proceeding pursuant to the German Insolvency Act, commenced before the Frankfurt Lower District Court (Amtsgericht Frankfurt am Main), Case No. 810 IN 128/16 M, as a foreign main proceeding, or in the alternative, as a foreign non-main proceeding, (ii) recognizing the Petitioner as the foreign representative of Maple Bank and (iii) granting related relief under chapter 15 of the US Bankruptcy Code. For more information relating to the Verified Petition, including the date of the recognition hearing, the deadline to object thereto, and how to gain access to other documents filed in the above-captioned chapter 15 case, please click here.