Draft sections of a chapter 11 trustee’s report to creditors
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- From the books the trustee or lawyer designates, assemble a fact table for the investigation: acts, conduct, assets, liabilities, financial condition, and any fact that may show fraud, dishonesty, incompetence, misconduct, mismanagement or irregularity. Do not sign a report.
- What the lawyer must review
- Unless the court orders otherwise, the trustee shall investigate the acts, conduct, assets, liabilities and financial condition of the debtor, the operation of the business and the desirability of its continuance, and any other matter relevant to the case or to the formulation of a plan (11 U.S.C. § 1106(a)(3)). The trustee files a statement of that investigation, including facts on fraud, dishonesty, incompetence, misconduct, mismanagement or irregularity, and transmits a copy or summary to committees and any indenture trustee (§ 1106(a)(4)). The lawyer or trustee writes the statement that is filed. If that statement is presented to the bankruptcy court as a pleading, motion or other document, Rule 9011(b) is the certification of the legal and factual contentions. Rule 9011(a) excepts a list, schedule or statement from its signature requirement. The tool writes none of the filed text.
- Written for / version
- United States versionUSCth
Who does what
| Role | What they do |
|---|---|
| Assistance | Consider narrowly defined preparation support after confirming the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
- Check the current court or regulator requirements, prescribed form and attachments for the intended document and filing.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.