A rare public battle between a bankruptcy judge and a U.S. Trustee has erupted in the complex Chapter 11 petition of Refco Inc. U.S. Trustee Deirdre Martini has accused Judge Robert Drain of the U.S. Bankruptcy Court for the Southern District of New York of overstepping his legal authority and thus undercutting her office's bankruptcy watchdog functions. Her motion's strong wording could be a first step in the U.S. Trustee's Office staking out its turf vis-�-vis the court under bankruptcy reform.
January 27, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A rare public battle between a bankruptcy judge and a U.S. Trustee has erupted in the complex Chapter 11 petition of Refco Inc.
U.S. Trustee Deirdre Martini, Region 2, has accused Judge Robert Drain of the U.S. Bankruptcy Court for the Southern District of New York in Manhattan of overstepping his legal authority and thus undercutting the bankruptcy watchdog functions given to her office by the U.S. Justice Department.
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