The appointee who fills the U.S. trustee position in New York will follow in the footsteps of an official who said her superiors in Washington blocked some efforts to improve the bankruptcy process in a region that handles more major corporate bankruptcies than any other.
“The increased oversight from the executive office impeded my ability to assist the restructuring community in streamlining and improving restructuring here in New York,” said Deirdre Martini, who left the trustee post in April. She declined to say which efforts were stymied. Martini is now a senior restructuring advisor at CIT Group Inc.
