Answer:
by Randy Carey: Absolutely not. The financial institution must be an approved depository by the bankruptcy court. So, either the bank has chosen to be involved in such accounts or they have not.
Answer:
by John Burnett: Debtor-in-Possession accounts require special attention and handling by the financial institutions that hold them. As Randy has noted, you have to be approved to hold them. Whether to accept such accounts should be an informed management decision that takes into account the costs and benefits of holding such accounts and the bank's ability to provide the special attention the accounts will require.
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