Bankruptcy trustees are often forced to make difficult decisions on short notice, with limited or incomplete information available to guide them. Trustees must decide whether to administer or abandon assets, assume or reject leases, pursue litigation and operate businesses, among many other decisions. This article, originally published in the Fall 2017 issue of the National Association of Bankruptcy Trustees Journal, provides a basic overview of the Barton Doctrine and key information regarding how this provision could provide trustees with a solid defense against legislation regarding litigation stemming from a mistake or issue surrounding the trustee's decisions.
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- Harry Giacometti