Receiver/Trustee Bonds for Failed Plans
When reorganization plans fail and courts appoint new receivers or trustees, specialized bonds are required. Covers situations where original plans are not adopted and new fiduciary appointments are necessary.
Required when original reorganization plans fail
Part of Fiduciary Bond Family
← View All Fiduciary BondsWhen Receiver/Trustee Bonds Are Required
Failed Reorganizations
When original reorganization plans fail and courts must appoint new receivers
New Receivership
Fresh appointments when previous trustees cannot complete their duties
Plan Rejection
Situations where creditors or courts reject proposed reorganization plans
$25,000 - $150,000
Annual premium estimate
Reorganization plans may fail when creditors reject the proposed terms, when debtors cannot meet plan requirements, or when courts determine the plan is not feasible. In these cases, courts often appoint new receivers or trustees requiring fresh bond coverage.
New Receiver/Trustee Appointment?
Get specialized bonds for failed reorganization proceedings.