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Fox News:  New Mexico Bankruptcy Court Reaffirms Committee Eligibility for Derivative Standing Despite Contrary Tenth Circuit B.A.P. Precedent

PBWT

In an important affirmation of the rights and duties of a creditors’ committee, Bankruptcy Judge David T. The debtor declined to pursue any claims to recover these transfers because it believes such claims have no merit. such limitations or conditions as the court prescribes, a debtor in possession shall have all the rights.