In Re Sharon Steel Corporation, Debtor. Appeal of Dwg Corporation and Victor Posner

How courts have described this case

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

• noting that appointment of a trustee in a Chapter 11 case is an \extraordinary\ remedy
• noting that appointment of a trustee in a Chapter 11 case is an “extraordinary” remedy
• finding “cause” due to debtor-in-possession’s gross mismanagement of estate and internal conflicts of interest
• noting, among reasons why the bankruptcy court’s appointment of a trustee was appropriate, that the Debtor had failed to sue to recover prepetition transfers that amounted “at best to voidable preferences and at worst to fraudulent conveyances.”
• “It is settled that appointment of a trustee should be the exception, rather than the rule.”
• “It is settled that appointment of a trustee should be the exception, rather than the rule.”

Source: CourtListener parenthetical corpus (CC0).