It is the trustee who holds the mortgage securing the bonds, who forecloses if the borrower de faults.
The trustee went home empty-handed, but now university alumni only recently apprised of the negotiations are buzzing with indignation.
A SIPA trustee's job, not unlike a Chapter 7 trustee, is to recover property, assess claims and liquidate any other assets of a bankrupt firm for the benefit of the estate and .
Trustee won't seek re-election to school board After a six-year run, Carroll ISD trustee John Thane has announced that he will not seek a third term on the school board.
June 16, 2013 - Southlake Times
Andrew Cuomo in Wall Street Journal For decades, the state pension fund has been weakened and corrupted by the sole trustee model,Mr. Cuomo said in a statement. "To put it simply -- the model doesn't work. It's about as senseless as having a single lock on Fort Knox."
Mitt Romney in Washington Post The trustee of the blind trust has said publicly that he will endeavor to make my investments conform to my positions and I have confidence that he will do that well,Romney told reporters during a campaign stop in Georgia.
Mike Crapo in Belfast Telegraph Senator Mike Crapo, an Idaho Republican, said such an oversight board would be "basically a federal restructuring trustee" with some of the same powers as a bankruptcy court.