Chapter 11 Trustees versus Chapter 11 Examiners

Summary

This practice note discusses the similarities and differences between Chapter 11 trustees and Chapter 11 examiners. Chapter 11 examiners and trustees are both fiduciaries appointed under Bankruptcy Code Section 1104. This practice note identifies the key differences between trustees and examiners, discusses how trustees and examiners are appointed, and provides an overview of their respective duties and powers.