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The filing of a bankruptcy petition1 alters the way decisions about the deployment of the debtor's2 assets are made. Such changes fulfill the basic purpose of bankruptcy: to preserve and enhance the debtor's assets and to satisfy, as far as possible, the claims of the debtor's investors (i.e., all parties with legal claims against the debtor)a through a collective proceeding. One of the most significant of these changes is the appointment of a trustee 4

Waiver of the Attorney-Client Privilege by the Trustee in Bankruptcy