- 11 U.S.C.
In re Sears
Mar
23
2016
Ruling
Chapter 11 trustee appointed where debtor's vendetta against family members affected ability to perform fiduciary duties as debtor in possession.
Issue(s)
Should a chapter 11 trustee be appointed due to debtor's failure to disclose certain property and then selling the same for his own profit and benefit outside of the ordinary course of business without the permission of the court and failing to disclose certain property interests in his bankruptcy schedules?
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Court
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