§ 1185. Removal of debtor in possession
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/usc/title-11/section-1185A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In General.— On request of a party in interest, and after notice and a hearing, the court shall order that the debtor shall not be a debtor in possession for cause, including fraud, dishonesty, incompetence, or gross mismanagement of the affairs of the debtor, either before or after the date of commencement of the case, or for failure to perform the obligations of the debtor under a plan confirmed under this subchapter.
(b)Reinstatement.— On request of a party in interest, and after notice and a hearing, the court may reinstate the debtor in possession.
(Added Pub. L. 116–54, § 2(a), Aug. 23, 2019, 133 Stat. 1080.)
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- 133 Stat. 1080
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§ 1185
Removal of debtor in possession
U.S.C.×3
Pub. L.×1
Stat. Comp.×1
Stat.×1
Stat.133 Stat. 1080
Cites 3Cited by 6 across 4 sources