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Latest revision as of 06:19, 10 September 2024

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The court, on motion by an event in passion or the U.S. trustee and after notification and hearing, will order the consultation of a situation trustee for cause, including fraud, deceit, inexperience, or gross mismanagement, or if such an appointment is in the rate of interest of creditors, any type of equity protection holders, and various other passions of the estate.

An instance secondary to a pending insolvency proceeding in a foreign country is begun by a foreign agent" under phase 15. The foreign rep has the right of straight accessibility to USA courts for the purpose of filing a petition for recognition of an international case" 11 U.S.C. § § 1504 and 1509.