LOCAL BANKRUPTCY RULES

Rule 2007.1-1

ELECTION OF TRUSTEE IN CHAPTER 11 CASES

A meeting of creditors convened for the purpose of electing a chapter 11 trustee pursuant to § 1104(b) of the Bankruptcy Code shall be deemed a meeting of creditors under § 341 of the Bankruptcy Code.

 

Comment

This rule clarifies that a meeting convened for the purpose of electing a chapter 11 trustee pursuant to § 1104(b) of the Bankruptcy Code satisfies the requirement of § 702(b) of the Bankruptcy Code that a trustee be elected at a meeting of creditors held under § 341 of the Bankruptcy Code.

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