In re Plusfunds Group, Inc.
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION DENYING MOTION TO REOPEN CASE
JAMES M. PECK, Bankruptcy Judge.
Introduction
Harbour Trust Co. Ltd. (the “Trustee”), as trustee of the SPhinX Trust (the “Trust”), has moved to reopen the chapter 11 case of PlusFunds Group, Inc. (the “Debtor”) in order to obtain Bankruptcy Court authorization to extend the term of the Trust. The Trustee’s motion is opposed by certain parties (the “Aaron Defendants”) who are defendants1 in civil actions initiated by the Trustee. For the reasons stated in this decision, the Trustee’s motion is denied.
Background
The Debtor filed for relief under…
2Cases cited22 opinions
- In Re Johns-Manville Corp.United States Bankruptcy Court, S.D. New York · 1984
- In Re Comcoach Corporation, Debtor-Appellee, the Roslyn Savings Bank v. Comcoach CorporationCourt of Appeals for the Second Circuit · 1983
- In Re Ionosphere Clubs, Inc.United States Bankruptcy Court, S.D. New York · 1989
- In Re EmmerlingBankruptcy Appellate Panel of the Second Circuit · 1997
- In Re AranaUnited States Bankruptcy Court, E.D. New York · 2011
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3Cited by5 opinions
- Harbour Trust Co. v. Aaron (In Re Plusfunds Group, Inc.)Court of Appeals for the Second Circuit · 2015
- Harbour Trust Co. v. Aaron (In re PlusFunds Group, Inc.)District Court, S.D. New York · 2014
- In re the Brooklyn Hospital CenterUnited States Bankruptcy Court, E.D. New York · 2014
- In re PinksUnited States Bankruptcy Court, D. South Carolina · 2015
- Navillus Tile, Inc.United States Bankruptcy Court, S.D. New York · 2021