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In re IFS Fin. Corp.

In re IFS Fin. Corp.

Ruling
Trustee removed from serving in involuntary case, as well as all other cases, for billing family travel expenses to estate.
Procedural posture

An involuntary bankruptcy petition was filed against a corporation under chapter 7 of the Bankruptcy Code, and after the corporation failed to file an answer, the court issued an order for relief against the corporation in October 2002 and appointed an attorney to serve as chapter 7 trustee. The court issued an order which required the attorney to show cause why he should not be removed pursuant to 11 U.S.C.S. § 324.

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Commercial opinion summary, case decided on May 13, 2013 , LexisNexis #0613-034