No. 19-277October Term 2019Decided Jun 1, 2020
HSBC Holdings PLC v. Picard
This case asks whether U.S. bankruptcy laws can be used to recover funds from a transaction that took place entirely overseas between foreign parties.
Case status
- Current stage
- Decided
- Latest event
- Decision released Jun 1, 2020
- What it's about
This case asks whether U.S. bankruptcy laws can be used to recover funds from a transaction that took place entirely overseas between foreign parties. It also addresses whether lower courts properly abstained from applying U.S. law in this international context.
Question presented
1. Whether U.S. bankruptcy laws can be used to recover funds from a transaction that took place entirely overseas between foreign parties? 2. Whether lower courts properly abstained from applying U.S. law in this international context?
- Case path
United States Court of Appeals for the Second Circuit / Decision released Jun 1, 2020
- Area
Decided Supreme Court case
Documents
Related cases
Grounding
- Grounding
- Primary-source trail available.
- Note
- Plain-English explainer. Official filings and opinions remain authoritative.
- Checked
- Mar 30, 2026
- Method
- Methodology