Business Bankruptcy Basics: Episode 2: Key Players in Bankruptcy

In this episode we introduce the key players in bankruptcy proceedings. Host Ella Vincent and guests Aditi Paranjpye and Laurie Thornton of DBS Law walk you through debtors, creditors, committees, and the U.S. Trustee. We clarify the often-confused distinction between the U.S. Trustee and U.S. Attorney, and explore how case trustees' roles vary between Chapter 7 liquidations and Subchapter V small business cases. Throughout, we explain fiduciary duties and why they matter. This episode is perfect for law students and attorneys seeking to build their bankruptcy knowledge from the ground up! The content of the "Business Bankruptcy Basics" podcast, including any statements made by its hosts or guests, is provided for educational purposes only. This podcast is not intended to be, nor should it be relied upon as, legal advice. Listening to this podcast does not create an attorney-client relationship. The views and opinions expressed in this podcast are solely those of the hosts and guests and do not reflect the positions or opinions of their employers or any organizations with which they may be affiliated. For legal guidance, please consult a qualified attorney.