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The subsidies are a hit with patients who don't exist
Topic - William Harrington
An independent trustee must be appointed to oversee the bankruptcy of a Massachusetts pharmacy linked to a meningitis outbreak because of the firm's "gross mismanagement," among other reasons, a Justice Department official argued Tuesday.
Harrington noted that "gross mismanagement" by a debtor is among the factors that, if shown, require the court to appoint an independent trustee.
"Creditors and victims of the (NECC's) conduct should have an independent, conflict free party developing a reorganization or liquidation strategy," Harrington wrote in the motion filed in the U.S. Bankruptcy Court in Massachusetts.