Judge Taps Trustee For Clean Burn Ch. 11

Law360, New York (January 26, 2012, 3:10 PM EST) -- A North Carolina bankruptcy judge on Wednesday appointed a Chapter 11 trustee for failed ethanol maker Clean Burn Fuels LLC following Perdue BioEnergy LLC's defeated bid to convert the proceedings into a Chapter 7 liquidation.

U.S. Bankruptcy Judge Thomas W. Waldrep Jr. tapped Sara A. Conti of Carrboro, N.C., as trustee and lodged an order during a Jan. 10 hearing to reject Perdue BioEnergy's motion to convert the case and grant the U.S. Bankruptcy Administrator's motion to appoint a trustee.

Conti has served as a trustee...
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