# Non-Main Proceeding (Foreign Insolvency)

**IRI:** https://folio.openlegalstandard.org/RuQrjxxvpOmozofPFu0LZ2

## Labels

## Definition

A non-main proceeding in foreign insolvency is an ancillary insolvency case initiated in a jurisdiction other than where the debtor's center of main interests (COMI) is located. This proceeding handles local assets and operations, complementing the main proceeding by addressing regional concerns and facilitating cooperation in cross-border insolvency cases.

## Sub Class Of

- https://folio.openlegalstandard.org/RDbrzFzgheftqJ09xcT2ICs

**Deprecated:** False