Skip to main content
Bernstein Burkley
  • Practice Areas
    • Overview
    • Bankruptcy & Restructuring
    • Business and Corporate Transactions
    • Creditors’ Rights
    • Litigation
    • Oil & Gas and Energy
    • Real Estate
    • Real Estate & Commercial Finance
  • Our Attorneys
  • About Us
    • Our Approach
    • History
    • Law Lists
    • Professional Memberships
    • Careers
  • Resources
    • Bernstein’s Dictionary of Bankruptcy Terminology
    • Links
    • Five Minute Legal Master videos
    • Blog
    • Legal Publications
  • News
    • Cases Archive
    • Firm News
    • In the News
    • Industry News
  • Contact
CALL - 412 456 8100
Connect
  • Facebook
  • Twitter
  • LinkedIn
Bernstein Burkley
  • Practice Areas
    • Overview
    • Bankruptcy & Restructuring
    • Business and Corporate Transactions
    • Creditors’ Rights
    • Litigation
    • Oil & Gas and Energy
    • Real Estate
    • Real Estate & Commercial Finance
  • Our Attorneys
  • About Us
    • Our Approach
    • History
    • Law Lists
    • Professional Memberships
    • Careers
  • Resources
    • Bernstein’s Dictionary of Bankruptcy Terminology
    • Links
    • Five Minute Legal Master videos
    • Blog
    • Legal Publications
  • News
    • Cases Archive
    • Firm News
    • In the News
    • Industry News
  • Contact
Blog
Blog

Bernstein-Burkley Service Spotlight: Trustees & Plan Administrators

Posted on March 6, 2017 by Stephanie McHale

The goal of our bankruptcy and restructuring team at Bernstein-Burkley is to provide guidance and peace of mind to trustees and plan administrators as they manage their bankruptcy estates. Our expertise ensures that we advise our clients of the best course of action to maximize the estate’s recovery, while preventing any recourse that the debtor or other creditors may claim against our clients for their administration of the estate.

Bankruptcy Trustees are appointed upon the filing of a chapter 7 bankruptcy and for cause in a chapter 11 bankruptcy (not to be confused with the United States Trustee, the “watch dog” division of the Department of Justice that oversees bankruptcy filings). The Bankruptcy Code vests trustees with the full authority to administer any bankruptcy estate for which they are appointed. Similar to trustees, the Bankruptcy Code also recognizes the rights and authority of Plan Administrators – i.e., individuals appointed following confirmation of a plan of reorganization or liquidation to oversee the confirmed plan. The primary purpose of both Trustees and Plan Administrators is to maximize the recovery of the estate, whether by way asset liquidation or pursuit of claims against creditors, insiders and any other party(ies) against whom the bankruptcy estate may have claims.

Our bankruptcy and restructuring department has decades of experience in representing chapter 7 trustees, chapter 11 trustees and plan administrators. Our firm has counseled trustees and plan administrators in all aspects of their duties. This may include obtaining approval of sales under Section 363 of the Bankruptcy Code, litigating objections to claims and pursuing recoveries by way of avoidance actions, such as preferences and fraudulent transfer claims, to maximize the recovery of the estate. Our attorneys ensure that our clients comply with the applicable provisions of the Bankruptcy Code, properly exercise their rights and obligations as trustees or plan administrators, and maximize the recovery of the bankruptcy estate. Some of our notable representations include:

  1. In Re.: Rock Airport of Pittsburgh, LLC – Represented Chapter 11 Trustee and consummated the sale of the property for $9 million
  2. In Re.: Prime Plastics, Inc. – Represented Chapter 11 Trustee and Chapter 7 Trustee and secured a settlement against officers and directors that enabled the sale of estate property for $1.8 million
  3. In Re.: Berkline/BenchCraft Holdings, LLC, et al. – Represented Plan Administrator of the bankruptcy Estates of Berkline/BenchCraft Holdings, LLC, et al.
  4. In Re.: Mon View Mining Company – Represented the Liquidating Trustee

If you have any questions regarding Bernstein-Burkley’s Bankruptcy & Restructuring services, please contact us at 412-456-8100.

Share on:
  • Facebook
  • Twitter
  • LinkedIn
  • Dictionary of Credit Terminology
  • Bernstein’s Dictionary of Bankruptcy Terminology
  • Links
  • Five Minute Legal Master videos
  • Legal Publications
  • All Posts
  • Blog
  • Press Releases
  • Uncategorized

Archives

Bernstein Burkley

Copyright © 2025 Bernstein-Burkley

Links
  • Disclaimer
  • Knowledge Base
  • Privacy Center
  • Site Map

Bernstein-Burkley, P.C.

Phone: 412.456.8100

Fax: 412.456.8135

Email: info@bernsteinlaw.com

Connect

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

I accept My Preferences
Close Popup