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Bankruptcy FormsMOTION FOR 2004 EXAMINATION - Bankruptcy Rule 2004 allows examination of the Debtor and of third-parties concerning many general aspects and financial dealings of the Debtor. While similar to a deposition, the scope of such examination is much broader and the Rule authorizes production of documents. MOTION FOR RELIEF FROM AUTOMATIC STAY - Section 362 imposes an automatic stay on actions against or involving the Debtor. Under limited circumstances, relief from that automatic stay may be granted. This Form is directed toward seeking an ability to continue to prosecute an existing cause of action against the Debtor. Grounds for relief, however, certainly are not limited to this situation and a similar motion may be utilized to cover property not protected by the Debtor, seeking adequate protection of that asset and related relief. See, 11 U.S.C. Section 362(b). Note should be taken that this Motion must be ruled upon within 30 days unless the Court has continued the hearing, all of which is standard procedure in this District. APPLICATION FOR INTERIM COMPENSATION - Fees of professionals may be allowed to be paid on a periodic basis. Section 331 of the Bankruptcy Code describes when such interim compensation may be recoverable and the provided form attempts to set forth criteria which must be presented to the Court to justify compensation. Even though an original fee agreement may have been tentatively approved by a Court, each fee application also must be allowed before the Debtor/Trustee is authorized to make payment. Further, a request for compensation typically should be included with a request that compensation not only be allowed, but also that the Trustee/Debtor be directed to pay such sum as is allowed. The Bankruptcy Administrator's Office must review each application in addition to a review by the Court. CONTEST OF CLAIMS - This Contest of Claims could be filed either by the Trustee or the Debtor. Generally, other parties-in-interest must seek leave of court to file a contest of some other creditor's claims. This does not include efforts to equitably subordinate claims. MOTION FOR APPROVAL OR ASSUMPTION OF EXECUTORY CONTRACT - Section 365 of the Bankruptcy Code identifies that executory contracts and/or unexpired leases of the Debtor may be assumed or rejected. Certain restrictions on the ability to assume a contract are expressed and adequate assurance of future performance may be required. Section 365(d) identifies certain instances involving the assumption or rejection of specific types of agreements, as well as certain limitations and the effect of delay in exercising these rights. DEBTOR'S MOTION FOR AUTHORITY TO SELL PROPERTY OF THE ESTATE BY PRIVATE SALE FREE AND CLEAR OF LIENS AND OTHER INTERESTS - Note: This form is for private sale only, may be varied when the sale is by auction, closed bids, etc. In such case, it should be stated whether the sale is with or without reserve, and care must be taken to show that the proposed sale is authorized by at least one of the 5 grounds set out in Section 363(f). Use for Trustee's sale also. APPLICATION FOR APPROVAL OF EMPLOYMENT OF PROFESSIONAL PERSON - Before a professional person may be paid through the Estate, the Court must approve that employment. This Form is directed toward employment of an attorney, though it can be utilized for other professional persons. Also, it may be modified slightly to seek authorization as "special" counsel or employment pursuant to 11 U.S.C. Section 327(e) as circumstances may dictate. Reference should be made not only to Section 327, but also Sections 328-331 of the Bankruptcy Code and attention is directed to definition of the term "disinterestedness" as that may limit employment of such professionals. Each Court may permit slightly different circumstances controlling payment of interim compensation. Paragraph 8 is provided to suggest possibilities to cover contemplated long-standing employment relationships wherein periodic compensation may be required. MOTION FOR REFERENCE TO THE UNITED
STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ALABAMA
- Upon removal to the District Court, or actions that are already
pending in the District Court, it may be appropriate that proceedings
involving the Debtor be referred to the Bankruptcy Court. Reference
to the jurisdictional descriptions within 28 U.S.C. Section 157
is suggested so the Practitioner may identify whether the proceeding
contemplated to be referred is considered "core" in nature
or "related to" or "arising in" the Title 11
proceeding. Virtually every District has entered an Order of Automatic
Referral for most matters involving the Debtor. MOTION TO APPOINT TRUSTEE OR, IN THE ALTERNATIVE, TO ALLOW CREDITOR TO PURSUE CAUSE OF ACTION - The Bankruptcy Code limits those instances in which a Trustee may be appointed in a Chapter 11 proceeding. The form attempts to set forth instances in which such appointment would be appropriate. The form is specifically directed to an instance in which the Debtor is a corporation and may have cause(s) of action against its principal or family members of such insiders. MOTION TO WITHDRAW REFERENCE - The Bankruptcy Code authorizes the withdrawal of the reference of certain proceedings from the Bankruptcy Court to the District Court for that area. Proceedings, contested matters, and even the Case may, under certain circumstances, be withdrawn to the District Court. The Motion is filed in the District Court for that Judge to direct the Bankruptcy Court to withdraw the reference. Withdrawal may be considered mandatory or permissive, dependent upon the circumstances. |