- 11 U.S.C.
In re Qmeet Inc.
Jan
25
2007
Ruling
Confirmation of election of permanent trustee denied as not requested by creditors holding sufficient amount of claims.
Procedural posture
An interim trustee was appointed in debtor's bankruptcy case. At a continued meeting of creditors, the election of a permanent trustee was requested under 11 U.S.C. § 702. The validity of the election was contested. The U.S. Trustee filed a report of a disputed election of a chapter 7 trustee. An motion to confirm the election was filed by an administrative creditor. The motion was opposed by the interim trustee and an equity holder in debtor.
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Court
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