The Oxford Handbook of Fiduciary Law, (Evan J. Criddle, Paul B. Miller, and Robert H. Sitkoff, Eds.), (2018) Forthcoming
23 Pages Posted: 7 Sep 2017 Last revised: 8 Sep 2017
Date Written: September 1, 2017
Although discussed nowhere in the U.S. Bankruptcy Code, fiduciary duties play a central role in guiding the administration of an insolvent debtor's assets. This book chapter explores the fiduciary obligations of trustees (including DIPs) under both statute and common law, with a special focus on the intrinsic conflicts that arise within the "menagerie of heterogeneous creditors" that constitute the claimants of a bankruptcy estate.
JEL Classification: K2, K3
Suggested Citation: Suggested Citation
Pottow, John A. E., Fiduciary Duties in Bankruptcy and Insolvency (September 1, 2017). The Oxford Handbook of Fiduciary Law, (Evan J. Criddle, Paul B. Miller, and Robert H. Sitkoff, Eds.), (2018) Forthcoming ; U of Michigan Law & Econ Research Paper No. 17-014; U of Michigan Public Law Research Paper No. 566. Available at SSRN: https://ssrn.com/abstract=3032615