Committees Don’t Dissolve Automatically on Chapter 11 Dismissal, District Judge Says

March 11, 2024

Committees Don’t Dissolve Automatically on Chapter 11 Dismissal, District Judge Says

Bucking the weight of authority, a district judge allowed an equity committee to appeal dismissal of a chapter 11 case, where the committee wanted a chapter 11 trustee rather than dismissal.

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Opinion Link

View Opinion

https://abi-opinions.s3.amazonaws.com/Integrated+Nano.pdf

Case Details

Case Citation

Official Committee of Equity Security Holders v. Integrated Nano-Technologies Inc. (In re Integrated Nano-Technologies Inc.), 23-63508 (N.D.N.Y. March 5, 2024)

Case Name

Official Committee of Equity Security Holders v. Integrated Nano-Technologies Inc. (In re Integrated Nano-Technologies Inc.)

Case Type

Business

Court

2nd Circuit

New York

New York Northern District

Bankruptcy Tags

Creditors' Committee

Business Reorganization