trustee in bankruptcy

American  

noun

Law.

1. a person appointed by a court to administer the property of a bankrupt.

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trustee in bankruptcy British  

noun

1. a person entrusted with the administration of a bankrupt's affairs and with realizing his or her assets for the benefit of the creditors

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Example Sentences

He says the bank has made no effort to try to reverse the bankruptcy and the trustee in bankruptcy now wants to control the claim for compensation.

From BBC

Chancery Judge Kenneth Burns on Monday named Derek Henderson, a Jackson lawyer who serves as a trustee in bankruptcy cases, as the receiver for the plant.

From Washington Times

Polly Peck administrators and Nadir's trustee in bankruptcy have long held that donations to the Conservative party— equivalent to about £700,000 today — amounted to illegal transfers from a NatWest bank account in Jersey held in the name of a Polly Peck subsidiary.

From The Guardian

Kevin Hellard, Nadir's trustee in bankruptcy has written to the Conservative party following the former Polly Peck boss's conviction, reminding officials of his view that the money must be returned.

From The Guardian

Where E. V. Lucas had arranged with Grant Richards to publish a work on half profit, it was held in the Chancery Division in 1905 by Justice Warrington in a suit against the publishers' trustee in bankruptcy, that the contract was terminated by bankruptcy and that Mr. Lucas on fair purchase of the remaining copies, might contract with another publisher.

From Project Gutenberg