Special Counsel insight... From 12/19 Court Fil
Post# of 36536
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Posted On: 12/20/2023 5:41:21 PM
Special Counsel insight...
From 12/19 Court Filing:
In administering the Estate, the Trustee has been attempting to collect records from Debtor’s officers and directors in order to assess the Debtor’s assets, liabilities, and potential claims may exist against the Debtor’s former management and other third parties. The Debtor banked with Royal Bank of Canada (“RBC”), but has not cooperated with the Trustee’s request for access the Debtor’s bank records. Therefore, court intervention by a letters rogatory process is required to obtain records from RBC and will necessitate the retention of special counsel in Canada to assist in obtaining such records and filing the necessary proceedings and pleadings in Canada to enforce the letters rogatory.
From 12/19 Court Filing:
In administering the Estate, the Trustee has been attempting to collect records from Debtor’s officers and directors in order to assess the Debtor’s assets, liabilities, and potential claims may exist against the Debtor’s former management and other third parties. The Debtor banked with Royal Bank of Canada (“RBC”), but has not cooperated with the Trustee’s request for access the Debtor’s bank records. Therefore, court intervention by a letters rogatory process is required to obtain records from RBC and will necessitate the retention of special counsel in Canada to assist in obtaining such records and filing the necessary proceedings and pleadings in Canada to enforce the letters rogatory.
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