Savannah Georgia Chapter 11 Examiner lawyer

Examiner in Chapter 11 in Chatham County GA

The appointment of an examiner in a chapter 11 proceeding rarely happens, as does the appointment of a case trustee. Besides, the responsibilities of an examiner is usually more limited unlike that of a trustee. The examiner is authorized to conduct the investigatory responsibilities of the trustee and must submit a statement of any investigation carried out. If ordered to do so by the court, an examiner can perform any other duties of a trustee that the judge orders the debtor in possession not to carry out. Each judge can determine the responsibilities of an examiner in each proceeding. In few proceedings, the examiner can submit a plan of reorganization, negotiate or help the parties negotiate, or review the debtors schedules to decide if some of the claims are wrongly listed as disputed, contingent, or unliquidated, and also if other claims should be listed as such. At times the examiner can be ordered to decide if objections to any proofs of claim should be filed or whether causes of action have sufficient merit to warrant further action. The examiner in a case, however, can not act as a trustee.

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