Challenge to resolution professional decisions permits debtor or creditor to seek adjudicating authority review and possible board action. The statute allows a debtor or creditor aggrieved by a resolution professional's action to apply to the Adjudicating Authority on grounds that the professional denied an opportunity to represent, colluded with another party, or failed to comply with section 86; the Authority must decide the application within a short statutory period and, if it allows the application, forward its order to the Board for possible disciplinary action.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Challenge to resolution professional decisions permits debtor or creditor to seek adjudicating authority review and possible board action.
The statute allows a debtor or creditor aggrieved by a resolution professional's action to apply to the Adjudicating Authority on grounds that the professional denied an opportunity to represent, colluded with another party, or failed to comply with section 86; the Authority must decide the application within a short statutory period and, if it allows the application, forward its order to the Board for possible disciplinary action.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
