June 2012 | Financier Worldwide

When Worlds Collide – The Impact of a Chapter 11 Bankruptcy On the Receivership Estate

1 min

This article discusses the appointment of a receiver and the implications of a U.S. Chapter 11 filing on the receiver’s ability to operate the business post-petition. 

The article also explores the effects of a Bankruptcy Court order excusing the receiver from his turnover obligations under Section 543 of the U.S. Bankruptcy Code.