[local_issues]

This is actually a great question! The United States bankruptcy court in the Southern District of New York is the best equipped place to manage a massive bankruptcy, likely on Earth. Every complex case you've heard of is managed there. It's a huge reason for NYC's success, and they know what they're doing.

If you need to wind down your car dealership, do it in Guangzhou or Monterry or wherever you happen to be. If you need to unwind GM or Enron, you'll do it in the Southern District Court.

https://en.wikipedia.org/wiki/United_States_Bankruptcy_Court...