This article discusses the circumstances that may necessitate the appointment of an examiner or trustee in a chapter 11 case.

The lack, or reduced amount, of compensation can also pose problems if the role becomes time-consuming, leading to trustee responsibilities being on the “back burner” or creating resentment.

A bankruptcy trustee is appointed to oversee the process, assessing the LLC's assets, operations, and financial affairs. The ...

Me's bankruptcy heightens the debate on genetic data protection. The court will choose between competing plans for overseeing ...

The Fifth Circuit recently addressed a new fact pattern and issue concerning the Barton doctrine: whether a receiver ...

A recent study of racial disparities in personal bankruptcy results indicates that implicit bias hinders minorities’ efforts to rid themselves of debt, but trustees who oversee those cases say the ...

Early and ongoing consultation with the employer and its advisers to monitor covenant strength is often key, especially if a financial restructuring of the employer’s financial position is proposed.