Statutory text
11 U.S.C. App. (FEDERAL RULES OF BANKRUPTCY PROCEDURE) Rule 2001
(a) Appointing an Interim Trustee . After an involuntary Chapter 7 case commences but before an order for relief, the court may, on a party in interest’s motion, order the United States trustee to appoint an interim trustee under § 303(g). The motion must set forth the need for the appointment and may be granted only after a hearing on notice to: • the debtor; • the petitioning creditors; • the United States trustee; and • other parties in interest as the court orders. (b) Bond Required .
An interim trustee may be appointed only if the movant furnishes a bond, in an amount that the court approves, to indemnify the debtor for any costs, attorney’s fees, expenses, and damages allowable under § 303(i). (c) The Order’s Content . The court’s order must state the reason the appointment is needed and specify the trustee’s duties. (d) The Interim Trustee’s Final Report .
Unless the court orders otherwise, after the qualification of a trustee selected under § 702, the interim trustee must: (1) promptly deliver to the trustee all the records and property of the estate that are in the interim trustee’s possession or under its control; and (2) within 30 days after the trustee qualifies, file a final report and account.
