▁uno pp osed ▁proceed ings ▁and ▁in ▁other ▁matters ▁under ▁the ▁Act . ▁▁ ▁Office ▁of ▁the ▁Super int endent ▁of ▁Bank rupt cy ▁▁ ▁The ▁Office ▁of ▁the ▁Super int endent ▁of ▁Bank rupt cy ▁(" O SB ") ▁is ▁designed ▁to ▁super v ise ▁the ▁administration ▁of ▁all ▁est ates ▁and ▁matters ▁to ▁which ▁the ▁Act ▁applies . ▁ ▁It ▁gr ants ▁lic enses ▁for ▁the ▁trust ees ▁in ▁bank rupt cy , ▁inspect s ▁and / or ▁investig ates ▁bank rupt cy ▁est ates , ▁reviews ▁the ▁conduct ▁of ▁the ▁trust ees ▁in ▁bank rupt cy ▁and ▁the ▁rece ivers , ▁and ▁exam ines ▁trust ee ' s ▁accounts , ▁rece i pts , ▁dis b urs ements ▁and ▁final ▁statements . ▁It ▁has ▁specific ▁powers ▁to ▁interven e ▁in ▁any ▁matter ▁or ▁proceed ing ▁in ▁court ▁as ▁if ▁the ▁O SB ▁were ▁a ▁party ▁ther eto , ▁as ▁well ▁as ▁to ▁issue ▁direct ives ▁providing ▁official ▁interpretation ▁of ▁the ▁bank rupt cy ▁process ▁to ▁the ▁trust ees ▁in ▁bank rupt cy ▁and ▁the ▁rece ivers . ▁▁ ▁Lic ensed ▁In sol ven cy ▁Trust ee ▁▁ ▁Trust ees ▁ ▁either ▁individuals ▁or ▁corpor ations ▁ ▁are ▁lic ensed ▁by ▁the ▁Super int endent , ▁and ▁are ▁appointed ▁to ▁admin ister ▁an ▁estate ▁by ▁virtue ▁of ▁the ▁assignment , ▁bank rupt cy ▁order ▁or ▁proposal ▁that ▁has ▁been ▁file d . ▁By ▁special ▁resolution , ▁the ▁credit ors ▁of ▁the ▁estate ▁may ▁appoint ▁or ▁substitute ▁another ▁lic ensed ▁trust ee