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(a) Accounting Required. Any custodian required by the Code to deliver property in the custodian's possession or control to the trustee shall promptly file and transmit to the United States trustee a report and account with respect to the property of the estate and the administration thereof.
(b) Examination of Administration. On the filing and transmittal of the report and account required by subdivision (a) of this rule and after an examination has been made into the superseded administration, after notice and a hearing, the court shall determine the propriety of the administration, including the reasonableness of all disbursements.
ABI Related Resources
Your trusted source for original insolvency articles and legislative updates.
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Please Excuse Me: Receiverships and Bankruptcy | 10/31/2018 |
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Continuing Real Estate Receiverships Post-Petition | 05/31/2012 |
Quality educational content from all ABI conferences.
Article | Date |
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Frank W. Koger Luncheon and Lecture: Four Things that Need to Change in Bankruptcy | 10/08/2023 |
How Fulton May Change Practice | 11/09/2022 |
How Fulton May Change Practice | 09/01/2022 |
Dumb and Dumber: A Bankruptcy Stay Story | 06/27/2021 |
Receiverships and Bankruptcy: Between Scylla and Charybdis | 07/16/2015 |