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Is the debtor permitted to operate its business during a Chapter 11 case?

April 26, 2017Business Case chapter 11 debtor operate permitted

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Is the debtor permitted to operate its business during a Chapter 11 case?

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Unless a trustee is appointed, the debtor may continue to operate its business during a Chapter 11 case as a debtor in possession. In operating its business during a Chapter 11 case, the debtor, as a debtor in possession, must abide by the requirements of Chapter 11 and the orders of the bankruptcy court.