bankruptcy procedure

(a) Authorizing a Blanket Bond. The United States trustee may authorize a blanket bond in the United States' favor—conditioned on the faithful performance of a trustee's official duties—to cover:

(1) a person who qualifies as trustee in multiple cases; or

(2) multiple trustees who qualify in a different case.

(a) The Clerk's Certification. Whenever evidence is required to prove that a debtor is a debtor in possession or that a trustee has qualified, the clerk may so certify. The certification constitutes conclusive evidence of that fact.

(b) Trustee's Failure to Qualify. If a person elected or appointed as trustee does not qualify within the time prescribed by §322(a), the clerk must so notify the court and the United States trustee.

(a) Substituting a Trustee. The trustee is automatically substituted for the debtor in possession as a party in any pending action, proceeding, or matter if:

(1) the trustee is appointed in a Chapter 11 case (other than under Subchapter V); or

(2) the debtor is removed as debtor in possession in a Chapter 12 case or in a case under Subchapter V of Chapter 11.

(a) In General.

(1) Required Items. The clerk must keep a public record of fees the court awards to examiners and trustees, and to attorneys, accountants, appraisers, auctioneers, and other professionals that trustees employ. The record must:

(A) include the case name and number, the name of the individual or firm receiving the fee, and the amount awarded;

(B) be maintained chronologically; and

(a) Order Approving Employment; Application for Employment.

(1) Order Approving Employment. The court may approve the employment of an attorney, accountant, appraiser, auctioneer, agent, or other professional under §327, §1103, or §1114 only on the trustee's or committee's application.

(a) Notice of the Report. Unless the court orders otherwise, a patient-care ombudsman must give at least 14 days' notice before making a report under §333(b)(2).

(1) Recipients of the Notice. The notice must be sent to the United States trustee, posted conspicuously at the health-care facility that is the report's subject, and served on:

• the debtor;

• the trustee;

• all patients;

Unless the court orders otherwise, if the debtor is a health care business, the trustee may transfer a patient to another health care business under §704(a)(12) only if the trustee gives at least 14 days' notice of the transfer to:

• any patient-care ombudsman;

• the patient; and

• any family member or other contact person whose name and address have been given to the trustee or the debtor in order to provide information about the patient's health care.

(a) Reporting Requirement; Content of the Report. In a Chapter 11 case, the trustee or debtor in possession must file periodic financial reports of the value, operations, and profitability of each entity in which the estate holds a substantial or controlling interest—unless the entity is a publicly traded corporation or a debtor in a bankruptcy case. The reports must be prepared as prescribed by Form 426 and be based on the most recent information reasonably available to the filer.

(a) In General.

(1) Application. If an entity seeks from the estate interim or final compensation for services or reimbursement of necessary expenses, the entity must file an application showing:

(A) in detail the amounts requested and the services rendered, time spent, and expenses incurred;

(B) all payments previously made or promised for services rendered or to be rendered in connection with the case;

(a) Payments or Transfers to an Attorney Made in Contemplation of Filing a Petition or Before the Order for Relief. On a party in interest's motion, or on its own, the court may, after notice and a hearing, determine whether a debtor's direct or indirect payment of money or transfer of property to an attorney for services rendered or to be rendered was excessive if it was made:

(1) in contemplation of the filing of a bankruptcy petition by or against the debtor; or