Examiners in Chapter 11 bankruptcy have the power to subpoena records and depose witnesses, but they do not run the business or propose plans.

• A. They can subpoena records and depose witnesses, but cannot run the business or propose plans.
• B. They can run the business and propose plans.
• C. They can subpoena records but cannot depose witnesses.
• D. They cannot subpoena records.

Answer: (A)

Chapter 11 examiners are employed to uncover facts, not to run the business. Their power is investigative: they can compel production of records and question (depose) witnesses to gather information about the debtor’s financial condition and potential mismanagement. But they do not take over operations or create a reorganization plan. The debtor in possession, a court-appointed trustee, or the creditors’ committee handle management and plan formulation in Chapter 11. So the statement that aligns with the examiner’s role is that they can subpoena records and depose witnesses, but cannot run the business or propose plans.