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Adams v. Marwil (In re Bayou Group)

Adams v. Marwil (In re Bayou Group)

Ruling
Bankruptcy court did not err in refusing to appoint chapter 11 trustee absent justification for replacing court appointed receiver and manager.
Procedural posture

Appellant U.S. Trustee appealed from the judgment of the United States District Court for the Southern District of New York, affirming a decision of the bankruptcy court , which had rejected the trustee's petition under 11 U.S.C.S. § 1104 to appoint a trustee to manage the debtor. Prior to the bankruptcy, the district court had appointed appellee receiver to manage debtor.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on May 01, 2009 , LexisNexis #0609-090