debtor in possession
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 372 U.S. 633 - Wolf v. Weinstein · 1963Most cited · 470 citing opinions
The concept of leaving the Debtor in possession, as a 'receivership without a receiver,' was designed to obviate the need to appoint a trustee for the supervision of every small corporation undergoing reorganization, even though it appeared capable of carrying on the business during the proceeding.
How often courts cite the case defining “debtor in possession”
Court decisions citing the opinion that defined “debtor in possession” — 469 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.