Chapter 11 Disclosure Statement and Plan: Disbursing Agent Proposal
U.S. Bankruptcy Court for the Eastern District of Pennsylvania
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If a chapter 11 plan provides for the liquidation of a material portion of the property of the estate and the distribution of the proceeds to creditors through a disbursing agent, the plan and the disclosure statement shall include a disbursing agent proposal setting forth: (a) the name of a person competent and willing to serve as disbursing agent, if known; (b) the duties to be performed by the disbursing agent; (c) the amount and costs of a bond; and (d) if a bond will not be required, the reasons why a bond should not be required.