Often,in bankruptcy,the current managers continue to run the business while it operates under the reorganization plan,but the court may also appoint a trustee to oversee the operations and protect the rights of the claimants during this period of time.

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This statement is true. In a bankruptcy, the current managers may continue to run the business while the reorganization plan is in place, but a trustee may also be appointed by the court to ensure the protection of the rights of the claimants.

Often,in Bankruptcy,the Current Managers Continue to Run the Business While