Local Rule 2015-1: Debtor-in-Possession Bank Accounts in Chapter 11 Cases

Rule 2015-1 Debtor-in-Possession Bank Accounts in Chapter 11 Cases.

(a) Bank Accounts and Checks. Upon the debtor's motion, the Court may, without notice and hearing, permit the debtor to use its existing bank accounts and use its existing pre-printed checks without including its bankruptcy case number or a "Debtor-in-Possession" designation, but once the debtor's existing checks have been used, the debtor must include its bankruptcy case number and a "Debtor-in-Possession" designation on its checks.

(b) Section 345 Waiver. Except as provided in Local Rule 4001-3, the Court will not grant a waiver of the investment requirements of 11 U.S.C. § 345 without notice and a hearing, but may grant an interim waiver of the requirements pending a final hearing (i) if the debtor has more than 200 creditors or (ii) for cause shown.