The US Bankruptcy Court granted an order for the appointment of Trustee for the Chapter 11 bankruptcy case of American Spectrum Realty Inc. on April 20, 2015. The motion for the appointment of Chapter 11 Trustee was filed by the petitioning creditors on February 13, 2015 to avoid any further loss of debtor's assets. Dennis J. Connolly has been appointed as the Chapter 11 Trustee.