Review books and records for a chapter 11 trustee’s investigation
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Index the ledgers, minutes, and contracts the lawyer marks, with the date and the page, and list topics that recur: related-party payments, missing months, and changes in control. Do not write findings.
- What the lawyer must review
- 11 U.S.C. § 1106(a)(3) requires a chapter 11 trustee, except to the extent the court orders otherwise, to 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 a plan. Section 1106(a)(4) requires the trustee, as soon as practicable, to file a statement of that investigation, including facts about fraud, dishonesty, incompetence, misconduct, mismanagement, or irregularity, or a cause of action available to the estate, and to transmit a copy or a summary to the committees and indenture trustees the subsection names. The tool does not write that statement. Whether a debtor in possession has the same duty is 11 U.S.C. § 1107, which was not opened. Formal Opinion 512 and Rule 1.6 apply to the books.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes extracting and organising information. Confirm 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.
- 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.