In re Mid Atl. Retail Group Inc.

Ruling: 
LLC was not eligible to serve as chapter 7 trustee.
Procedural posture: 
A corporate debtor filed a petition under chapter 7 of the Bankruptcy Code, and an interim trustee was appointed to represent the bankruptcy estate. An attorney who represented movants, an ad hoc committee of creditors, called for an election of a permanent trustee, pursuant to 11 U.S.C.S. § 702, and asked the court to resolve a disputed election after the interim trustee received more votes than a limited liability company (LLC).
Issue: 
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Commercial case opionion summary, case decided on June 18,2008, LexisNexis #0708-109