Collier Handbook for Trustees and Debtors in Possession

ISBN-10: 1522181261
ISBN-13: 9781522181262
Series: Collier Handbook for Trustees and Debtors in Possession
Category: Law
Language: English
Published: 2019-09-20
Publisher: LexisNexis
Authors: Paul B. Maschmeyer, Frank S. Marinas

Description

Two valuable handbooks in one affordable resource guide trustees, corporate debtors and practitioners through the intricacies of the Bankruptcy Code. The Handbook for Trustees covers cases governed by chapters 7, 9, 11, 12 and 13. The Handbook for Debtors in Possession deals exclusively with chapter 11 cases. Part of the renowned Collier family of products, the Handbook provides the expert legal and procedural advice needed to negotiate the maze of revised bankruptcy law and procedure, avoid costly pitfalls and emerge from bankruptcy successfully. Part 1. Handbook for Trustees The Handbook for Trustees is a complete working manual for the bankruptcy trustee whether selected, appointed or interim. In lucid language, this handbook: • Clearly defines the role, powers, rights and duties of each type of trustee under chapters 7, 9, 11, 12 and 13 of the Code; • Spells out the trustee's terms of employment, including appointment, election, removal, termination, discharge and compensation; • Expertly analyzes problems trustees may encounter in each type of bankruptcy proceeding; • Explains the unique problems facing standing trustees in chapter 12 and 13 cases; and • Contains extensive practice aids, including worksheets, sample letters, checklists and forms. Part 2. Handbook for Debtors in Possession The Handbook for Debtors in Possession is designed to guide you through the chapter 11 process from start to finish. The handbook: • Explains how a debtor in possession functions; • Spells out the debtor's rights, powers, duties and responsibilities; • Steers you through the proper day-by-day procedures for operating a business in chapter 11; • Reviews litigation considerations, including involuntary petitions; • Discusses the debtor's relationship with government agencies; and • Sets forth matters to be considered postconfirmation.

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