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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 11 U.S.C. § 1107 Rights, powers, and duties of debtor in possession us united_states_code code_section 11 BANKRUPTCY 11 REORGANIZATION 1107 11 U.S.C. § 1107 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc11@119-100.zip /us/usc/t11/s1107 data/legal/raw/us/code/title-11/usc11.xml d5de83eb029ff5b0f6b4a5821a3b859384f4184f3080fb7758d97e3046f0d036 49b32bf784de01de21874d64b5d1d78d1d245352824a03caa6d6b941a4a2c9a2 69daff3f13dadb213e68f102c61b7c84d6ca4f9eac19047ae10e3dc0226c8bf5 2026-07-04 official
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11 U.S.C. § 1107 - Rights, powers, and duties of debtor in possession

Text

(a) Subject to any limitations on a trustee serving in a case under this chapter, and to such limitations or conditions as the court prescribes, a debtor in possession shall have all the rights, other than the right to compensation under section 330 of this title, and powers, and shall perform all the functions and duties, except the duties specified in sections 1106(a)(2), (3), and (4) of this title, of a trustee serving in a case under this chapter.

(b) Notwithstanding section 327(a) of this title, a person is not disqualified for employment under section 327 of this title by a debtor in possession solely because of such persons employment by or representation of the debtor before the commencement of the case.

(Pub. L. 95598, Nov. 6, 1978, 92 Stat. 2628; Pub. L. 98353, title III, § 503, July 10, 1984, 98 Stat. 384.)

Notes

Historical and Revision Notes

legislative statementsThe House amendment adopts section 1107(b) of the Senate amendment which clarifies a point not covered by the House bill.

senate report no. 95989This section places a debtor in possession in the shoes of a trustee in every way. The debtor is given the rights and powers of a chapter 11 trustee. He is required to perform the functions and duties of a chapter 11 trustee (except the investigative duties). He is also subject to any limitations on a chapter 11 trustee, and to such other limitations and conditions as the court prescribes cf. Wolf v. Weinstein, 372 U.S. 633, 649650 (1963).

Editorial Notes

Amendments1984—Subsec. (a). Pub. L. 98353 substituted “on a trustee serving in a case” for “on a trustee”.

Statutory Notes and Related Subsidiaries

Effective Date of 1984 AmendmentAmendment by Pub. L. 98353 effective with respect to cases filed 90 days after July 10, 1984, see section 552(a) of Pub. L. 98353, set out as a note under section 101 of this title.