Chapter 11 Quarterly Fees
Under 28 U.S.C. § 1930(a)(6), a quarterly fee shall be paid to the United States Trustee System Fund at Treasury in each case under chapter 11 (except small business cases under subchapter V of chapter 11) for each calendar quarter, or portion thereof, between the date a bankruptcy petition is filed and the date the court enters a final decree closing the case, dismisses the case, or converts the case to another chapter in bankruptcy.
For more information, refer to Chapter 11 Quarterly Fees.
Chapter 11 Operating Reports
Debtors-in-possession and chapter 11 trustees must account for the receipt, administration, and disposition of all property; provide information concerning the estate and the estate’s administration as parties in interest request; and file periodic reports and summaries of a debtor’s business, including a statement of receipts and disbursements, and such other information as the United States Trustee or the United States Bankruptcy Court requires. 11 U.S.C. §§ 1106(a)(1), 1107(a); Fed. R. Bankr. P. 2015(a)(2), (a)(3). The monthly periodic report filed during the case before the confirmation of a plan of reorganization is generally known as the monthly operating report (MOR). The quarterly periodic report filed after the confirmation of a plan of reorganization and before the case is closed is generally known as the post-confirmation report (PCR).
On December 21, 2020, the United States Trustee Program issued a final rule in accordance with 28 U.S.C. § 589b establishing a uniform MOR and PCR, both of which will be effective 180 days after publication, June 21, 2021. This rule applies to the vast majority of chapter 11 debtors except those who are small businesses or who, in accordance with the CARES Act, elect relief under subchapter V of chapter 11.
For more information, refer to Chapter 11 Operating Reports.