Emerging Chapter 11 Issues in Bankruptcy Administration

Topics:
Bankruptcy
Tags:
Administration,
Operational Planning,
Litigation,
Issue,
Investment,
Human Resources,
Financial Accounting,
Finance,
Chapter,
Business Operations,
...
Source:
United States Department of Justice

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Overview: The increasing chapter 11 caseload does not so much present new issues for United States Trustees, as raise some difficult issues with greater frequency and in jurisdictions that have not encountered them before. Issues seen only rarely if at all by a United States Trustee, or issues that seemed peculiar to cases filed in Delaware or the Southern District of New York, now have a nationwide scope. The article brings up the discussion of just some of those issues. In addition, each of these issues has emerged in the midst of significant changes to chapter 11 practices over the past 10 years. In the past, the professionals employed in a chapter 11-bankruptcy case were primarily attorneys and accountants. Other professionals may have been retained for particular purposes--auctions, sale, or valuation of assets of the company, or financing.

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Format: HTML | Date: Jan 2003 | Pages: 1

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