trustee in bankruptcy

(redirected from Bankruptcy trustee)
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trustee in bankruptcy

n
(Banking & Finance) a person entrusted with the administration of a bankrupt's affairs and with realizing his or her assets for the benefit of the creditors
References in periodicals archive ?
of Monticello was accused of compounding Rick Elvin Funderburg's financial troubles by making good on overdrafts totaling more than $13 million, according to a lawsuit filed by Funderburg's bankruptcy trustee.
This was the result sought by the debtor; because there would be no equity in the home, the bankruptcy trustee would be forced to release it to the debtor.
was shuttered late Friday by a bankruptcy trustee, forcing the home's 63 elderly residents to be relocated over the course of a single chaotic night.
A customer in bankruptcy or a bankruptcy trustee may sue the recipient of a preference to recover it for the benefit of the bankruptcy estate and all creditors, subject to certain defenses.
At certain points of time, one bankruptcy trustee had between 15 and 20 cases, while others had none," Minister Saraqini said.
To claim these benefits for preenactment cases (presumably on an amended return), written consent of the bankruptcy trustee must be obtained and attached to the return for the year in question.
Bankruptcy Court Judge Geraldine Mund, who will consider a petition by bankruptcy trustee R.
Also, if the general partner is a corporation, a judgment creditor or bankruptcy trustee (discussed in #9) of a controlling shareholder of the corporation may be able to obtain control of the corporate general partner, thereby indirectly obtaining control of the family limited partnership.
The television channel has been informed about the bankruptcy proceedings, as Aco Petrov, president of the chamber of bankruptcy trustees, has been appointed as A1's temporary bankruptcy trustee.
When a penny-stock promoter failed in February 1995, the resulting mess unexpectedly claimed its clearing agent as well, leaving stock speculators and a bankruptcy trustee at war over the wreckage, and the blame.
In Chapter 7 bankruptcy cases, the election is valid only with the written consent of the bankruptcy trustee.
Swedmilk's bankruptcy trustee Blagoj Makrevski informed about this at a meeting with farmers from Bitola on Sunday.