Legal Definitions - trustee, U.S.

Definition: A trustee in the United States is a federal official appointed by the Attorney General to perform administrative tasks in the bankruptcy process. They are responsible for appointing bankruptcy trustees in Chapter 7 and Chapter 11 cases.

Example: If a company files for bankruptcy, a U.S. trustee may be appointed to oversee the process and ensure that all parties involved follow the proper procedures. The trustee may also appoint a bankruptcy trustee to manage the company's assets and debts.

This example illustrates how a U.S. trustee plays an important role in the bankruptcy process by ensuring that it is carried out fairly and efficiently.