Breakeven Analysis.
Is Delores’s property in Melbourne property of the bankruptcy estate? Why or why not? /Does the United States bankruptcy Court for the District of Colorado have jurisdiction over Delores’s property in Melbourne? Why or why not?
Essay Question: Delores Brown, whose domicile is Denver, Colorado, has property in Denver and in Melbourne, Australia. Delores files her petition in Bankruptcy in the United States Bankruptcy Court for the District of Colorado. ANSWER BOTH OF THE FOLLOWING QUESTIONS:
(1) Is Delores’s property in Melbourne property of the bankruptcy estate? Why or why not? (2) Does the United States bankruptcy Court for the District of Colorado have jurisdiction over Delores’s property in Melbourne? Why or why not?