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In re Taaf LLC

In re Taaf LLC

Ruling
Chapter 11 trustee appointed due to manager's incompetence and gross mismanagement.
Procedural posture

A creditor filed an emergency motion for appointment of a chapter 11 trustee under 11 U.S.C.S. § 1104 based on the alleged incompetence and mismanagement of the debtor's affairs by its manager. The Bankruptcy Administrator filed a response in support of the motion. The debtor objected to the motion.

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Commercial opinion summary, case decided on February 12, 2010 , LexisNexis #0410-131