Brickley ex rel. CryptoMetrics, Inc. Creditors' Trust v. ScanTech Identification Beams Systems, LLC

MEMORANDUM OPINION

Royce C. Lamberth, United States District Judge

I. INTRODUCTION

This case comes before this Court from the United States Bankruptcy Court for the Western District of Texas after withdrawal of the reference. In 2011, the Bankruptcy Court confirmed the debtor’s (CryptoMetrics) Second Amended Chapter 11 Plan, after which a creditors’ trust and shareholders’ trust were established for the benefit of creditors and non-insider equity interest holders. Douglas J. Brick-ley is the trustee of these trusts and is the sole management of the post-confirmation debtor. On September 17,…