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In re Red River Energy Inc.

In re Red River Energy Inc.

Ruling
Shareholder in defunct LLC appointed as debtor's representative.
Procedural posture

The chapter 7 trustee in the case of debtor, a wholly defunct Delaware limited liability company, asked the court to appoint, as debtor's representative under Fed. R. Bankr. P. 9001(5), two corporate shareholders (SH 1 and SH 2) of debtor. SHs 1 and 2 sought to avoid such appointment, asking the court instead to appoint debtor's former Chief Restructuring Officer (CRO).

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Commercial opinion summary, case decided on June 26, 2009 , LexisNexis #0809-036