Receivership May Not Preclude a Board’s Ability to File Bankruptcy
A receiver who is not ‘disinterested’ can justify putting a company in bankruptcy.
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Thomas P. Agresti
Citizens & Northern Bank v. Monroe Heights Development Corp. (In re Monroe Heights Development Corp.), 17-10176 (Bankr. W.D. Pa. Aug. 22, 2017)
In re Monroe Heights Development Corp.