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(a) In General. Unless relief is needed to avoid immediate and irreparable harm, the court must not, within 21 days after the petition is filed, grant an application or motion to:
(1) employ a professional person under Rule 2014;
(2) use, sell, or lease property of the estate, including a motion to pay all or a part of a claim that arose before the petition was filed;
(3) incur any other obligation regarding the property of the estate; or
(4) assume or assign an executory contract or unexpired lease under § 365.
(b) Exception. This rule does not apply to a motion under Rule 4001.
Your trusted source for original insolvency articles and legislative updates.
| Article | Date |
|---|---|
| New FRBP Rules Effective Dec. 1 2011 | 11/30/2011 |
| What You Need to Know about Retention of Professionals after the 2007 Rule Amendments | 04/30/2008 |
| Benchnotes Jul 2014 | 06/30/2014 |
| New FRBP 6003 More Questions than Answers | 03/31/2008 |
| Proposed Amendments to the Federal Rules Call for More Creditor Disclosure | 02/28/2010 |
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| Oral and Written Advocacy in Bankruptcy | 10/07/2015 |
| Bankruptcy Litigation/Ethics & Professional Compensation | 03/24/2015 |
| Common Mistakes Made in Consumer Cases: A Judicial Perspective | 10/12/2014 |
| Bankruptcy and the U.S. Supreme Court: An Insider’s View of 2014 Decisions | 07/10/2014 |
| Rule 3001 Claims | 05/21/2012 |