In Re C. Keffas & Son Florist, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that trustee who fails to perform necessary cost-benefit analysis before bringing action that will delay close of case and payment to parties in interest may breach statutory mandate under Section 704(1)
• finding that, to avoid merely “second-guessing” trustee, only an ex ante definition of statutory duty is appropriate
• noting that a trustee who fails to perform a cost-benefit analysis in administering an estate by collecting funds or pursing action insufficient to pay creditors breaches his or her statutory duty under section 704

Source: CourtListener parenthetical corpus (CC0).