Role of the Chief Restructuring Officer in Bankruptcy: Overview | Practical Law

Role of the Chief Restructuring Officer in Bankruptcy: Overview | Practical Law

A Practice Note discussing the role of the Chief Restructuring Officer (CRO) in the bankruptcy process and how a CRO oversees the restructuring of a distressed company. This Note addresses topics including how and when to appoint a CRO, the pre- and post-petition duties of a CRO, the process and requirements of CRO retention under the Bankruptcy Code, and integrating a CRO into the company hierarchy.

Role of the Chief Restructuring Officer in Bankruptcy: Overview

Practical Law Practice Note Overview w-001-1449 (Approx. 18 pages)

Role of the Chief Restructuring Officer in Bankruptcy: Overview

by Practical Law Bankruptcy & Restructuring
MaintainedUSA (National/Federal)
A Practice Note discussing the role of the Chief Restructuring Officer (CRO) in the bankruptcy process and how a CRO oversees the restructuring of a distressed company. This Note addresses topics including how and when to appoint a CRO, the pre- and post-petition duties of a CRO, the process and requirements of CRO retention under the Bankruptcy Code, and integrating a CRO into the company hierarchy.