FOR IMMEDIATE RELEASE UST MONDAY, JUNE 16 1997 (202) 514-2008 TDD (202) 514-1888 ATTORNEY GENERAL APPOINTS U.S. TRUSTEE TO OVERSEE BANKRUPTCY CASES IN CONNECTICUT, NEW YORK AND VERMONT WASHINGTON, D.C. -- Attorney General Janet Reno has appointed Carolyn S. Schwartz, a New York native, as U.S Trustee to oversee the administration of bankruptcy cases in the Judicial Districts of Connecticut, New York, and Vermont, the Justice Department announced today. Schwartz, whose appointment as United States Trustee for Region 2 runs for five years, will assume her duties today. As Trustee, Schwartz will play an important oversight role in the administration of the bankruptcy process--appointing and monitoring individuals employed to represent bankruptcy estates, assessing the feasibility of plans of reorganization, commenting on the fee applications of attorneys and other professionals, and investigating and assisting in the prosecution of bankruptcy crimes. The principal office for Region 2 is located in New York City, with district offices in New Haven, Connecticut, and in Garden City, Albany, Buffalo, Utica, and Rochester, New York. Schwartz brings over 13 years of experience in the bankruptcy field to her new role. After graduating Magna Cum Laude in 1979 with a B.S. in Engineering from Princeton University, Schwartz earned her Juris Doctor from Harvard Law School in 1982. Schwartz worked for two years as an Associate with the firm of Baer, Marks & Upham. In 1984, she moved to Skadden, Arps, Slate, Meagher & Flom where she was with its Restructuring and Bankruptcy Department for eight years. Most recently, Schwartz served as Of Counsel with the Bankruptcy and Creditors Rights Group at Coudert Brothers. She has extensive experience in both out-of-court workouts and in bankruptcy court cases representing debtors, secured creditors, and unsecured creditors. Schwartz is a Certified Mediator on the Mediator Register for the U.S. Bankruptcy Court for the Southern District of New York, and she volunteers as an Arbitrator for the Small Claims Court of the New York City Civil Court. In addition, she sits on the Bankruptcy Subcommittee of the Second Circuit's Task Force on Gender and Racial Bias. Schwartz has been a frequent lecturer on bankruptcy and has written numerous articles on a variety of bankruptcy issues. Schwartz is actively involved in a number of charitable and community organizations. She serves on the Young Leadership Cabinet of the United Jewish Appeal (UJA), and is on the board of the Jewish Community Center on the Upper West Side, as well as the Executive Commitee of the Bankruptcy Lawyers Division and the Lawyers' Division Cabinet of the New York UJA-Federation. # # # 97-247