Tradex Corp. v. Morse
Mar
31
2006
Ruling
Appointment of a trustee was affirmed since "cause" was established showing the need for such an appointment.
Procedural posture
The sole shareholder of appellant debtor in possession sought reversal, on behalf of the debtor, of a bankruptcy court's appointment of a trustee to take possession of the debtor as part of voluntary chapter 11 bankruptcy proceedings. The debtor objected to the motion to appoint a trustee, arguing that appellee trustee had not met her burden of establishing the need for such an appointment under 11 U.S.C. § 1104(a)(1) or (2).
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Court
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