American Bankruptcy Institute
Join Renew Refer a Colleague Partners Search ABI Store Contact Us Site Map
American Bankruptcy Institute
About ABIABI MembershipMeetings & EventsOnline ResourcesPublicationsNews RoomConsumer Bankruptcy Center
Bankruptcy Statistics
Bankruptcy Reports, Research and Testimony
Bankruptcy-Related Organizations
National Bankruptcy Review Commission Archive
Submission Abstract
Working Group Proposals
Meeting Agendas
ABI Testimony
Meeting Minutes
Bankruptcy Visuals
Bankruptcy Research Database
 Print this page
News Room

Service to the Estate & Ethics Proposal Number 1:

Professionals retained by a debtor in possession in a chapter 11 case should not have to meet the disinterestedness requirement of 11 U.S.C. §327(a). The deletion does not change the requirement that such professionals (I) not have any interest materially adverse to the estate or (ii) disclose all potential conflicts to the court.

Date of Adoption: October 19, 1996


© 2014 American Bankruptcy Institute, All Rights Reserved