Is a debtor-in-possession or trustee not the same entity as a pre-bankruptcy company?

MultiRegion, United States of America

The following excerpt is from Matter of Sun Spec Industries, Inc., 3 BR 703 (Bankr. S.D.N.Y. 1980):

"A debtor-in-possession . . . or a trustee . . . is not the same entity as the pre-bankruptcy company." Shopmen's Local Union No. 455 v. Kevin Steel Products, Inc., 519 F.2d 698, 704 (1975) (emphasis in original).

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