A Subchapter V Trustee Can Use Property of the Estate Outside the Ordinary Course of Business A subchapter V trustee is a unique figure which has

Bankruptcy
Written By Hans Riefkohl

A Subchapter V Trustee Can Use Property of the Estate Outside the Ordinary Course of Business A subchapter V trustee is a unique figure which has

some of the duties of a chapter 11 trustee, but also of a chapter 7 trustee. Some have also said that the sub-V trustee was expected to assume some of the responsibilities of an unsecured creditor’s committee. The sub-V trustee

also has responsibilities not shared by other trustees. Most notably, the sub-V trustee has to assist the development of a consensual plan of reorganization, which has been referred to as a mediation role by some.

Hans Riefkohl
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City of Chicago v. Fulton was decided by the U.S. Supreme Court on January 14, 2021. The case centered around whether the City of Chicago's refusal
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