A DIP’s Lawyer Can Later Become Adverse to a Chapter 11 Liquidating Trust
Judge David Thuma explains why a chapter 11 debtor in possession and a subsequent liquidating trust are different clients for the purpose of a conflict analysis, at least when the committee has confirmed a liquidating plan.
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Case Details
Case Citation
Las Uvas Valley Dairies, 17-12356 (Bankr. D.N.M. Dec. 2, 2022)
Case Name
Las Uvas Valley Dairies
Case Type
Business