This session will provide a refresher and a case law update on trustee liability issues. We will discuss sources of potential trustee liability including claims by debtors, creditors, third-parties and the government. We will review judicial and quasi-judicial immunity and trustee immunity under the Barton doctrine and the limits of immunity. We will also survey strategies for protecting trustees from personal liability including insurance coverages for the estate and the trustee, defense costs and the limitations of the UST bond.
