New Century Examiner Wants To Probe Execs

Law360, New York (October 4, 2007, 12:00 AM EDT) -- An examiner appointed by the judge overseeing the bankruptcy case of New Century Financial Corp. has set his sights on current and former company directors and officers, seeking to question them as part of his probe into the collapse of the subprime lender.

The examiner, Michael J. Missal, moved for an order authorizing the examination of company executives and other witnesses on Wednesday, saying it was necessary to enable him to wrap up the probe as soon as possible.

“The authority to examine such individuals, and...
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